Thursday, December 13, 2018

MY INTERACTION with one of my client on 12.12.2018

MY INTERACTION with one of my client on 12.12.2018

Sensex up today by 600 points* :scream:

Manish : I am wondering Dr. AAA, why this market is going up n up in spite of RBI governor Urjit Patel resigned and BJP lost 3 states? 🤔

SAMPARK: You cannot predict SENSEX. Not even analysts. I always tell you, don't do market timing, time in the market is important for Wealth Creation. :yum:

Manish : Ya, true but why did this happen? :scream:

SAMPARK: Tell me how many vehicles were there in your society before 10 years and today?

Manish : more than double. :yum:

Manish : Have u upgraded your vehicle?

Manish : Yes.

SAMPARK: How was your salary before 10 years and today?

Manish : more than Double :grinning:

SAMPARK: Are u using same mobile which was used before 10 years?

Manish : No way.

SAMPARK: Then how can you expect degrowth in SENSEX. It is made up of companies. And those companies are growing and so you. And so SENSEX is growing.

Manish : But????

SAMPARK: Understand one thing.... UPA came and went, BJP came and will go, another government will come and will go, but your growth (meaning INDIANS) is permanent and India is made up of people like you. So India's growth is permanent and so Companies growth and so SENSEX's growth is permenant.

But yes..many corrections will come but they are temporary.

Manish : Oh..your quote..

*Correction is temporary and growth is permanent*

I will definitely tell my friends and family to invest more in equity mutual funds. Thanks you

So download our moble app  http://bit.ly/2Rzd2Eh  and start investing now..

~
by source

Monday, October 29, 2018

Correction is temporary.. Growth is permanent..Part 2

In this volatile times, when *Market* are down non stop, and no big local positive news happening where do we get conviction to stay invested in equity.

Conviction comes from quality of management and business.

Think....

Has maruti stopped making new cars and expansion of volumes ...?:car:

Has hpcl, bpcl,.... shutdown even one single pump due to high crude prices ...? :fuelpump:

Has jubiliant foods stop making dominos pizza...?:pizza:

Have school going children stopped buying bata shoes...?:mans_shoe:

Have ITC stop making cigarettes...?:smoking:

Did any bank send you back home saying, sorry sir no cash available today...?:moneybag:

Have people stopped taking baths and washing clothes with HUL products...?:ok_woman:🏻♂

Is any flight of indigo flying empty...?:airplane:

If answer to all above question is a big *NO* .... then why do we worry.


Prices of shares and NAVs of many good funds are available at lower
than demonitisation phase value of dec 2016

After demonitisation 2017 was a non stop dream run.:chart_with_upwards_trend:

So logically the seeds of next bull run are silently being sowed by smart investors.:seedling:

Finally 3 important things.

*1. If you are already fully invested, dont panic just hang on.

*2. If you have room for further investment, get brave and invest wisely in equity.

*3. If you are doing equity SIP you are already part of savvy investor.

Read my previous article Correction is temporary.. Growth is permanent

Tuesday, October 9, 2018

Topup your SIP NOW..

Nifty down from 11700 to 10300 in a very short period.

*What to do now??*

A lot of investors have started calling me to ask whether they should invest more at this time.
My answer is *Yes* provided you have a long term view of at least five years to stay invested.
If you looking for making some Quick Money by investing at this point of time, then My Answer is *NO*

The very nature of the market is to remain *Volatile*... and it is going to remain *Volatile* forever. Every fall in the market is followed by bounce back.

Historically, market falls are temporary and rise are gradual and permanent.

👉 *1) Harshad Mehta Scam (1992):* Sensex corrected by 54% in 1 year, it jumped 127% post that in 1 ½ years

👉 *2) 1996 Crisis: Sensex plunged 40% in over a 4 year period*, it jumped by 115% post that in little over 1 year

👉 *3) IT Bubble burst (2000): Sensex crashed by 56% in 1 ½ years*, it jumped 138% in 2 ½ years

👉 *4) Lehman Crisis (2008): Sensex crashed by 61% in 1 year*, it jumped by 157% in 1 ½ years post that

👉 *5) 2010: Sensex corrected by 28% in 1 year*, it jumped by 96% in 3 years post that

👉 *6) 2015: Sensex has corrected by 23% in 1 year,* and got handsome returns after that.

👉 *7) 2018: markets already 10 to 15% corrected from its peak*....Now what is NEXT ????

Now coming to another data..

*Year*     *Sensex*

1980           150
1990         1500
2000         6000
2010       21000
2018       38000

Think of year 2020, 2030, 2040 and beyond... You will be able to keep the noise out of your mind.

At this point of time, it reminds me the Golden lines of legendary investor Warren Buffett;
*Be greedy,*
        *when others are fearful..*
*Be fearful,*
         *when others are greedy.*

We firmly believe that *Wealth Creation* is a long term process. It will take time. There is no short cut to Wealth Creation.

*Three Golden Rules of Investing:*
1) Invest Early
2) Invest Regularly
3) Invest for Long Term

*In a nut shell,
What you should do now is,
Double up your SIPs or top up with Lump Sum investment... It is always beneficial to buy at discount.*

https://g.co/kgs/ziGTSA

Saturday, October 6, 2018

Correction is temporary.. Growth is permanent

Worth evaluating

*********************************
👉 *1) Harshad Mehta Scam (1992):* Sensex corrected by 54% in 1 year, it jumped 127% post that in 1 ½ years

👉 *2) 1996 Crisis: Sensex plunged 40% in over a 4 year period*, it jumped by 115% post that in little over 1 year

👉 *3) IT Bubble burst (2000): Sensex crashed by 56% in 1 ½ years*, it jumped 138% in 2 ½ years

👉 *4) Lehman Crisis (2008): Sensex crashed by 61% in 1 year*, it jumped by 157% in 1 ½ years post that

👉 *5) 2010: Sensex corrected by 28% in 1 year*, it jumped by 96% in 3 years post that

👉 *6) 2015: Sensex has corrected by 23% in 1 year,* and got handsome returns after that.

👉 *7) 2018: markets already 10 to 15% corrected from its peak*....Now what is NEXT ????

Those who continued their SIPs during falling market benefited the most. Markets never give an indication before bouncing back!!

Friday, August 3, 2018

Different Types of Wills :

Will is termed as the legal declaration of a person’s intention that he wishes to be performed after his death. When once the Will is made by the testator it will be revoked during his lifetime. A person cannot offer his ancestors property in the form of a Will. But he will be able to make a Will only of his Self-Acquired property.

One can define WILL as...


Written document (testament) by which a person (the testator) directs how his or her assets (estate) are to be distributed upon death. Among other provisions, a will may appoint executors to administer the estate, name guardian for a child, and/or make arrangement for payment of obligations. Commonly, the law requires that the testator must have testamentary capacity when making the will, and that it be witnessed by two or more credible witnesses. It is not always necessary, however, that the will bears the signature of the testator. Someone else may sign it on behalf of, and in the presence of, the testator and a required number of witnesses.

Types of will :

Unprivileged Will

A Will which is created by a person who is not a soldier employed in an expedition or has engaged in actual warfare or a mariner at sea is known as an unprivileged Will. For an unprivileged Will to be valid, it is compulsory in satisfying certain conditions. The person who creates the Will need to sign or affix his/her mark in the Will.

Privileged Wills

Privileged Wills are those Wills that will be in writing from or has been made by word of mouth by those in active services like a soldier, airman or sailor. The validity of a privileged Will in terms of legal terms has been reduced to allow certain persons to quickly make a Will.

Sham Wills

Sham Wills are those wills that are executed purporting to be a Will, but will be invalid as the testator does not have the intention to execute his/her wishes. As per the Indian Succession Act, a Will that is made by fraud or by taking away the free agency of the testator is considered invalid.

Joint Wills

A Joint Will is an instrument in which two or more persons agree to make a conjoint Will. When a Will is joint and is intended to take the effect after the death of both, it will not be enforceable during the life time of either. Joint Wills need revocable at any time by either of the testators during their joint lives, or after the death of one, by the survivor.

Duplicate Wills

A testator, for the sake of safety, may make a Will in duplicate, one to be kept by him and the other to be deposited in the safe safekeeping with a bank or executor or trustee. If the testator mutilates or destroys the one which is in his custody it is revocation of both.

Conditional or Contingent Wills

A Will is expressed to take the effect only in the event of the happening of some contingency or condition. If the contingency will not happen or the conditions will fail, then the Will is not legally enforceable.

Concurrent Wills

Normally, a man has to leave only one Will at the time of his death. But for the sake of convenience, a testator need to dispose of properties in one country by one Will and the other properties in another country by the separate will. They are concurrent Wills.

Mutual Wills

For a Mutual Will, the testators will be consulting each other reciprocal benefits. A mutual Will has to be executed by the husband and wife, in their lifetime for passing all benefits to the other person during their lifetime.

Holograph Wills


A holographic will is a will that has been entirely handwritten and signed by the testator. A will need to be signed by the witnesses attesting for the validity of the testator's signature and intent. But in most of the jurisdictions, holographic wills, it will not be witnessed are treated equally to witnessed wills and need only to meet the minimal requirements which is to be probated.Written document (testament) by which a person (the testator) directs how his or her assets (estate) are to be distributed upon death. Among other provisions, a will may appoint executors to administer the estate, name guardian for a child, and/or make arrangement for payment of obligations. Commonly, the law requires that the testator must have testamentary capacity when making the will, and that it be witnessed by two or more credible witnesses. It is not always necessary, however, that the will bears the signature of the testator. Someone else may sign it on behalf of, and in the presence of, the testator and a required number of witnesses.

Source : Forwaded

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