The Rupee-Dollar parity will continue to be adverse to the rupee. The rupee may further depreciate, or it will fluctuate around Rs.80 to 84/-. It looks like the exporters will gain from it, but the reality is not that simple. The USA and other western countries are struggling, and the…
” As indices surge, investors must adopt a balanced approach and invest in frontline firms” ~ G.R. Balaji American lawyer Clarence Darrow once said, “It is not the strongest of the species that survives, nor the most intelligent, but rather the one most adaptable to change.” For investors, the…
You could also choose to listen to this blog – https://soundcloud.com/ithought-advisory/filing-income-tax-returns-simplified Podcast Transcript Let me get straight to the most important thing in the month of July – income tax return filings. Every one of us must be running around getting documents in place, figuring out how to file income tax…
Three phases of polling are over. We are past the midway mark. Pollsters are slowly spotting a decisive trend. They won’t put out numbers due to electoral regulations. Meanwhile, the markets seem to be responding to domestic corporate results and global trends. Oil is rising. The US markets are about…
The markets were expected to fall. Electoral reversals and the surprise resignation of the RBI governor came together to stun markets. Surprisingly, our market shunned these fears and swiftly moved on. Why did this happen? Indian macros are clearly improving – low inflation, soft oil prices, and better rupee valuation…
Podcast Transcript 2018 is turning out to be a difficult year for many among us. Most investors have not seen their portfolios stay above cost. Most portfolios have lost money. This very much applies to mutual fund portfolios as well. In fact, the losses seem to be higher for…
Being Contrarian is never easy. Most of the time, the Contrarian makes choices that are very different from the consensus. Given that consensus is far more powerful, a Contrarian has to withstand time and performance pressures for a very long time. Only if he holds steady, can he benefit from…
The month of October ended on a positive note for the markets. Trends seem to be indicating that the economy is doing reasonably well. Firstly, the GST collections crossed 1 lakh crore once again. Oil prices softened from the menacing levels it hit earlier in the month. Sales of the…
Podcast Transcript There is more to investing than just generating returns. There has to be a larger purpose. Investing is not a game we play to prove our self-worth. It is not something that can be done casually. But, most of us associate investing with just making money. In…
Have you ever tended to a garden? As a gardener, you would ensure that your plants get enough sunlight, water, and nutrition. But, there is an inherent expectation that your garden will flourish. Imagine you received a handful of seeds. You were told that these seeds would eventually grow into…
Recency bias hurts the most when a bull market ends. We tend to buy investment ideas which did very well in the recent past. This happens across the board. The stocks in favour remain the ones which hit recent highs and gained the most in the past year. We tend…
Podcast Transcript Every portfolio often needs validation. Our ideas are constructed in a particular context and we find that soon thereafter the market context changes dramatically. My own experience from previous bull runs is what comes to mind. When we come out of a bull market, we tend to think…