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Saturday, January 12, 2013

One Idiot: Saving and Investing Initiative by IDFC

I think this is a simple movie which will get new folks into investing... 
hope people will invest directly rather than go the mutual fund route where the charges eat into your earning potential.


Anonymous said...

WhatsUP Ji,

I personally don't prefer Mutual Funds myself. I'd like to have my own control and master of my destiny. Nonetheless, more SIP investments in mutual funds by those who cannot do careful analysis themselves, more the activity in equity markets. It's a win-win situation for me.

What'sUp Prahalad said...

Anonymous ji:
yes for those who prefer a pre-cooked meal MF is the best option..

I hope people have heard of New pension scheme .. where the charges are less than 1% which will be better than Mutual Fund..

unfortunately the charges are so low that nobody invests..

infact to encourage investment .. Govt invests its own money ..making the cost of the service free for first 3 yrs..

a really attractive scheme.. and every one must invest.

=happy investing

Anonymous said...

WhatsUP Ji,

What is this New Pension Scheme? Can you please post the URL. Thanks.

What'sUp Prahalad said...

Anonymous ji:

NPS or New Pension Scheme launched by Pension Fund Regulatory Authority (PFRDA)

Link: http://pfrda.org.in/

Its basically investment of funds in Fixed as well as risk assets(Stocks) but the fund manager gets peanuts (but huge volume of cash.. as all new Govt employees will have their pensions scheme as NPS)

1. Invest in PPF (Public Provident Fund) as Its Exempt Exempt Exempt ie..
E1: investment in PPF gets tax exemption,
E2: Interest received is Tax Exempt
E3: In withdrawal also there is no Tax

Only problem is .. its interest rates are around 8% (changeable by govt) but its exempt, exempt and exempt which really makes it very very attractive

Only clause is 15yrs lockin period.. but

After 15 yrs you can withdraw 60% of funds and then the PPF account can be extended in 5 yrs multiples
and 1 withdrawal every year..

before you ask.. here is the link:-)

this is for H.P Govt but its same across all states

=happy investing

Anonymous said...

Dear Prahaladji,

What'd your view on Jayant Agro after its Dec' qtr results.


What'sUp Prahalad said...

Jagan ji:

Its a little late.. but still I think the company results are poor.. having said that now its available sub 100 its a great price to buy..

assuming 52 weeks a year and 5 working days we have 260 working days in a year
1 yrs 260
2 yrs 520
3 yrs 780
4 yrs 1040
Jayant Exponential moving avg:
260 day EMA:- 122.94
520 day EMA:- 112.75
780 day EMA:- 105.70
999 day EMA:- 101.11

at 94-96 per share you are getting jayant at a price lower than last 3yrs if you consider the 200dayEMA which is used as one year standard in charting 999 is a 5yrs avg..

So even a 5yrs avg price for Jayant is 101.11..

Thus my conclusion that current price 94-96 is a great price to enter Jayant Agro organics as its lower than the avg price for past 5 yrs..

=happy investing