
Lockdown impact on INDUSTRIES : BE AWARE

BE FINANCIALLY INDEPENDENT


Weekend HookUp: 13 June, 2020
Daily habits which drains you; Naturals icecream; Leadership and Megatrends; Photography
Daily Habits: 10 Daily habits that drain your energy (Deeph)
Naturals: Ice-cream and summer of COVID-19 (BQ)
Leadership: Mega-trends and leadership : value investing (Youtube)
Photography: Free Software a photographer inside you needs (Lights)
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Weekend HookUp: 06 June, 2020
Flexible EMI repayment; PVR losses; How to disagree; What we can do to help while volunteering; Kerala’s Rubber Man
MOVIES: PVR Our losses are mounting (Forbes)
Finance: Flexible EMI repayment options may burn hole (Mint)
Leadership: How to disagree respectfully(Magneticspeaking)
Volunteering, Activism: What we can do to help : First Steps in activism (Medium)
Rubberman: JJ Murphy Kerala’s rubber man (LHI)
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Weekend HookUp: 29 May, 2020
Read on how to get ideas for startups; research on fabric eradicating corona-virus; Short inspirational stories; How to travel sustainably
Startup: How to generate ideas for startup (SAMA)
Technology Research: Fabric eradicates corona-virus (Forbes)
Inspirational: Short stories (Gorilla)
Travel : How to travel sustainably (Lonelyplanet)
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Please note that I had hold positions in DMART stock in past and exited and may hold in future as well. I may be fully biased in the below opinion. Please don’t take it as investment advice. Its just sharing of what i observed and reader is advised to do due diligence before acting on opinion
Dmart is a stock which i am tracking from IPO days. Could not get IPO allocation but I entered into it at very late stage and also exited without making much gains. The Reasons are aplenty but as we see it is also a stock which has defied gravity in valuations. Here i am trying to find the correlation with the results announced for Q4 and full FY19-20 with what i have observed a month back and shared to people on twitter. .
This what i observed and shared a month back on 22nd April 2020
Almost 50% stores closed for a month, open stores only selling essential items like grocery which have low margin, other things like clothes, utensils (high margin business) is closed because of less staff operating. Open stores have less footfall, there is limit as well on items that can be taken out while on the other side they need to keep store open for longer time –our area 24 hrs open, instead of normal 10am-9pm ..so more operating costs. Plus operating expenses are rising because of social distancing, sanitation of trolleys, infrared thermometers, sanitizes to people when they enter the store , Electricity expenses, Getting worker to work at night shift may increase salary allowance. More people in line has forced DMart to put up tents outdoors. So less revenues, more expenses, profit will take a plunge in coming time. And now enters JIO deal. A bigger challenge for dmart to retain customers. May force them towards home delivery with shrinking margins My view at that time was to exit DMART and re-enter later.
What happened to DMART price. From the point i exited, it went from 2150 to 2380 in last one month
Sounds familiar!!
You sell a stock, it goes high
You buy a stock, it goes low
Amazing isn’t it!!!
But here the pain is less, atleast till now, as i was waiting for Q4 results to take a fresh call .
So how was DMART results on 23rd May 2020?

First glance at results shows solid performance with approx 24% increase in YOY revenues, 29 % yoy growth in EBITDA and 60% rise in EPS YOY. Looks like i missed the bus by selling my position and already stock by approx 10%.
Still i decided to delve deeper into results and compared Q-O-Q numbers (Q4vs Q3 of FY19-20). I saw a decline in Revenue as well as EBITDA and only 8 days were the stores closed in Q4. Why did the Q4 numbers so weak? I thought actual impact should be visible in Q1 FY21 but here Q4 revenue decline is not making much sense? It is beyond my imagination that only 8 days has caused such havoc in Q4 numbers. I was not able to solve the puzzle for quite some time. Could not get any clue and I was re-reading the results & commentary again and again.
I pulled out numbers for past 8 quarters and there you go!! It confirms that Q4 is a historically weak quarter. But here the decline from Q3 to Q4 was 30% approx while in the past years the decline from Q3 to Q4 profits were limited to 20%. Somehow what i observed a month back starts making some sense . 8 days of lockdown did have an impact and its clearly visible in Q4 numbers.

I reached to Management commentary and in section Covid-19 update, Management very clearly reflected on the lock-down observations and its impact on business. I am highlighting the paras below for your readings.



Reading the paragraphs gave me a sense of relief that missing such bus last month might not be not painful in long run. It also highlight the fact that while the results may look better at first glance but they are more than mere numbers and why one should go deeper to understand the results.
Entry of JIO MART along with COVID-19 lockdown may be a lethal combination for DMART. We need to see how the company performs in coming days and will NEWTON’s gravity will finally pull the stock down or not at all.
I don’t yet know whether i may get a chance to board the bus again or not as stocks prices can remain irrational longer than one’s patience!! I am also skeptical as of now whether bus should be boarded at all. I may be totally wrong as i see there are people who are predicting or rather speculating that all is well with company and stock price is on way to 3200!!! Its better to wait and watch from sidelines although I would be really surprised if the DMART stock reaches 3000 levels before retreating back to 2000 or 1900 levels. But Stock markets can really make you go crazy at times.
Please share your opinion on what you think about DMART stock price
We will revisit this post possibly after Q1 results again and learn more from markets.
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Weekend HookUp: 23 May, 2020
Read on for how Electric Vehicles must features : Remember what you read? ; Biking ; Creativity
Electric Vehicles: 5 must features to succeed (Electric)
Read: How to remember more of what you read (Medium)
Cycling: Difference between bikes (Cycling Monks)
Creativity : Embarrassment as starting point for Brainstorming? (Forbes)
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Interesting to see how many from solid and good results will move to Average and bad results category after Q1 FY21 results. Those who survive in good or solid category even after Q1’FY21 should be worth researching more to invest
Don’t treat this post as a basis of investment. There are lot more factors to decide where a company will go in coming quarters. Discuss with your mentors or financial advisors before taking any position in stocks


Weekend HookUp: 10 May, 2020
Read on how Goa plans to get back on tourism; subvention schemes in Mumbai can be fatal & genetically engineered mosquitoes hunting for wild ones
Real Estate: Subvention Schemes in Mumbai (MC)
Tourism: Goa Plans to get back on its feet (Mint)
Murder: Genetically Engineered Mosquitoes (Onezero)
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Recently there is lot of debate among seasoned investors whether one should buy ITC or not. There seems to be two groups and one will win and brag about it for sure!! Watch out
One group heavily invested from past few years and increasingly purchasing shares recently and in the process justifying their decision that good companies come back strongly
Other group is constantly pushing the value bar towards low and in the process strengthening the bear cartel for ITC.
Time will tell which group survives and thrives but for our readers i compiled few amazing threads on same. Read and let us know which camp do you support? and why?
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Weekend HookUp: 03 May, 2020
Read for Understanding GOLD history, standard and other currencies fight with Gold standard, how easy or hard is stranded aircraft maintenance, Why Tesla accelerates so fast and why eggs should be part of muscle building.
Economy: What is GOLD standard (Gold standard)
Automobiles: Why Tesla Accelerates so FAST (Youtube)
Health : EGG-FACTS : why they are must in a diet (Fitness)
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Reliance Industries have shared the Q4 Results of FY19-20 as well as FY19-20 full year results. Company also proposed a rights issue @ 1257 Rs.
Should an investor subscribe to it or not depends upon the holding price of investors current holdings
Below snap shows potential scenarios whether investor can benefit or not

As we can see, only two types of investors can benefit
There is third type of investor who has bought Reliance shares in near past (scenario 1) in anticipation of Rights issue and dividend, actually they don’t have much to gain in current scenario until reliance shares moves up. So they should wait to subscribe based on cutoff date for Right issue and also check Reliance share price that time.
For rest of the investors its either negative or neutral.
Above example shows potential scenarios. Please do your due diligence before making investment decision.
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Weekend HookUp: 25 April, 2020
Life: Strangest Secret in the world (Youtube)
Economy: Bullshit jobs: Why they exist and why you might have one (Vox)
Secret of Happiness: Two drops of oil (Paulo Coelho)
Panic Working : Focus on work that matters (Forge)
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Banking and finance sector is the worst performer in recent months and there are high chances that it will continue to do so. There could be multiple reasons for same including defaults in payments and slow credit growth
Below is the list of Public and private sector banks with NIM, Net NPA %and Gross NPA% as of 17th April 2020. It may help you to make an investment decision more prudently. Don’t forget to consult your financial adviser before doing so.


Given a choice based on this data, the below banks seems better than other banks on certain criteria.
Be aware that these NPA numbers has a high probability of increase in next two quarters.
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Read full article at we have all stopped our SIP
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This article tries to delve into answers on weekly mileage which almost every new or intermediate runner is dealing with and most of the times, remain in dilemma. Honestly, I did struggle in start with same questions and went on running, whenever i can, without much thinking. Luckily I did not get injured. But now i see that as a brutal mistake from which i escaped unhurt. What are these questions which can really hamper your progress if not answered well? Let’s see
If we have a look at different types of runners and their weekly mileage, it varies from 30-40 miles a week for a high school runner to 100-130 miles a week on the other extreme for elite runners. Yes you read it right. 130 miles. That’s approx 200 km in a week!!!
But is that much really required for people like us? To answer that question we have to understand first
Who are we? Can we run that much?
An Average reader of this article has done mostly nothing in terms of serious running in high school, college. He has started to give running a thought when he is around 30 yr old or more and start thinking of remaining fit somehow. Moreover he has a full time job, a family with a kid or two, possibly having a nuclear family so apart from office work, he has to get involved actively in the mundane things as well. He is normal person who has not run much but want to do something in running. He visualizes a fit body but could not get up in morning. He take a fitness resolution every year but could not do much.
For such an Adult runner, weekly mileage is of no use. Rather he should seriously work on yearly mileage first and
keep on increasing the yearly mileage consistently, keep a log and after two to three years of consistent running and a good base formation, he should come back and start segregating his runs in terms of weekly mileage.
I can share what i did when i was a beginner and what i did in 2015, 2016, 2017. I was a utter failure in 2015. I thought of setting a pretty low goal of average running of mere 1 km/day and as evident from snaps i failed. Yes i did capture snaps and keep logs of my runs

But i did achieve something very beautiful after i failed in 2015.
"confidence that i can do better"


That confidence helped me to increase yearly mileage and built a good foundation for my next year runs. As you see consistency helped me achieve my higher goals in subsequent years.
Also Read: How to achieve seeming impossible fitness goals
So the point is focus on yearly mileage if you are a new runner and running 2-3 days a week consistently is far better.
should be looking at weekly mileage of 30-40 KM to start with.
Lets see how to plan this 40 km in a week and what things to be take care of while planning it.
Without making plan complicated, these are the basic principles one should keep in mind.

So, as you see, with this basic plan, we are able to fulfill most of the basic principles by only running 5 days a week at this weekly mileage. This plan is flexible as one can shuffle one day here and there plus it focus on interval training, rest day, recovery days as well
Now, keep this mileage consistent for 3 months or more.
It will build your base endurance and no wild swings in weekly mileage for few weeks will also keep you injury free.
Until you really crosses weekly mileage above 50 km, it is advisable to have not more than 5 days running. It will give your body adequate time to recover and efficient running strength on running days.
A basic plan for a weekly mileage of 55 km will have only one rest day. So the other rest day will be transformed into easy day

Amazing things start happening in your body when you reach 60 km or more in a week. At that time, You can also plan to do doubles and a basic plan of 70 km with doubles will look like one below. Here the easy day should be treated as rest day Doubles mean running twice a day with splitting the total run of a day in two parts. e.g. 9km on Monday can be divided into 5km in morning and 4 km in evening. There are people who have done singles and who have done doubles and both kind of people are successful and it really depends upon how your body copes up with extra stress and judge what is better for you.

Also Read : Running on Alpha Affairs
When you build a solid base of 2+ years at 30 km weekly mileage and done atleast 3 months to 6 months of consistent 40 km weekly run then only you should come to think of increasing weekly mileage.
Again there are certain basic principle that need to be taken care of
1. Don’t increase by more than 5% per week for first 10 weeks
2. Reset the weekly mileage to T-3 week mileage after every four week
3. Don’t increase by more than 10% per week in worst case
4. Don’t try to jump over the weeks if you have to skip certain weeks because of injury or health issues. Start from T-3 weeks mileage when restarting and regain endurance.
5. Don’t cry over what is gone and risk yourself to injuries
Below is a plan which shows how to increase mileage every week

So as you see, by having a basic plan and keeping basic principles in mind, you can enjoy your runs and slowly reaching the running km which you have never thought of earlier.
Is this everything about running ? NO. But this gives you an idea on to build up to a certain level in running.
Please read other posts on running as well on Alpha Affairs
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Looking at HDFC Bank Q4 confcall transcript analyses. One key point was discretionary spending on cards is effecting total spending. This do not bode well for companies like SBI cards where not only spending goes down but it will hit the profit as well due to late payment and increase of NPA in certain cases.

Also Read : SWOT analysis : SBI Cards
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This is in series of posts where you can find the SWOT of a listed company along with factors to watch out for in coming quarters.
SWOT means
S – Strength of a company
W- Weakness of a company
O- Opportunities available for a company
T – Threats for a company
Disclaimer – Analysis is NOT a BUY/SELL/HOLD Recommendation. It can be used for educational purposes. There can be lot of things which have been missed in analysis either due to lack of information or oversight etc.. Do your own diligence & contact your expert financial adviser before making any investment decision.
Also Read – SWOT- Parag Milk Foods
Also Read – New to Stock Market : Part 1 : As Investor or Trader?
Also Read – Invest in stock markets only if


Also Read – SWOT- Dhanuka
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Also Read :
You should not invest in Stock Market
You should invest in Stock Market
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Stocks: Calibrating (HowardsMarksMemo)
Digital Trends : Best options for video conferencing (Digital)
Sector Watch/ Hotel Industry: Corona impact on hotel industry (OB)
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Market Capitalisation (M-CAP) to GDP Ratio : The stock market capitalization-to-GDP ratio is a ratio used to determine whether the overall market is undervalued or overvalued compared to a historical average. As pointed by Warren Buffett, M-CAP to GDP is “probably the best single measure of where valuations stand at any given moment”. The result of this ratio calculation is the percentage of GDP that represents stock market value. The Ratio for Sensex is currently stands at 54%, way below its historical mean of 69%. This ratio is at its lowest level since 2010 – an outcome of the flash crash seen in the last 22 odd trading sessions.
If we look at Nifty, on financial year basis this ratio stands at 49%, again lowest since the global financial crisis.

Also Read : COVID-19 Impact on Indian Economy
If February 2020 was forgettable for investors then March 2020 would be a month which most of the investors want to skip in their investing life. But what is the guarantee that April and May 2020 will be better if not the worst? So a rational investor can not wait for bottom as he dont know about the bottom. But what to buy and what to leave in such markets?
Let’s try to find out
Just when i was thinking what stocks to buy in these stressing conditions for economy and people, i mostly get stuck on FMCG companies. But the amount of negative news for the whole market is so high that making a decision is becoming difficult day by day. So i thought to keep watch on all news around COVID-19 lockdown and see if there are any positive inputs for any sector or industry.
It is evident from various sources that people are getting bored at home even when they are WFH. Although some of them are fitness conscious and are actively engaged in indoor exercises but their normal physical movement has almost gone done to ZERO. To pass the time, they have started indulging in binge watching/exercising to somehow beat boredom or depression. So i feel that these are the two sectors which could benefit the most in this lockdown as grocery stores are open and some of them do keep yoga mats or basic exercise equipment.
I searched a bit more on internet and came across something which positively testify this theory. https://www.stackline.com/news/top-100-gaining-top-100-declining-e-commerce-categories-march-2020
The site mention the TOP 100 Grwoing and declining e-commerce categories in US although most of these things also apply to Indian context as well.
Some of the major takeaways are (source : stackline)
· There is a surge in home fitness products including weight training equipment, fitness accessories and yoga equipment as gyms and workout studios are forced to close. Due to the increase in at home workouts, the gym bag category and many outdoor sport categories such as baseball & softball and track & field are in decline.
· Many companies have implemented a work-from-home policy, driving demand for computer monitors, keyboards & mice, and office chairs up as employees look to create a temporary home office.
· Most travel has been halted, causing declines in the luggage & suitcases, briefcase, and camera categories. Additionally,many spring break vacations were canceled, triggering a decline across sandal and swimwear categories.
· Formal apparel categories including Bridal and Men’s Suits are in decline as many couples are forced to cancel or delay their weddings.


My observations (not recommendations) :
Please note that the information shared is for educational purposes. My views can be biased and i may hold some of the stocks mentioned. Please consult your financial adviser before taking any financial decision and most importantly do your own due dligence
What do you think out of this COVID lockdown? Please comment or mail me your views
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Weekend HookUp: 29 March, 2020
Life: The 1 Percent Rule (James Clear)
Investment: Unknown man became Billionaire from one Idea (Ridgewood)
Psychology : Investment Quotes (DollarsandData)
Health: Sugar : The Bitter Truth (Youtube)
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As we have seen multiple times, people enter into stock markets with a lure of quick money and start buying stocks based on tips, analysts recommendations, social media news or friends recommendations. All this stock buying happens as a blind follower. Unfortunately most of the times these blind follower theory works for buying only. People forget to sell stocks or intentionally keep holding them because of losses in these stocks and they don’t want to miss out if stock rebounds. So they keep on waiting for stock to come to their buying level or worse they keep averaging such stocks.
What people really miss or can not analyze is whether the stock bought is good enough to hold or not? or Is it good fundamentally? or the original buying thesis has undergone a change or not? Whether this stock ever turns back or not and why? Whether they should average or not?

Our team at Alpha Affairs has recognize this need for common people who need a opinion on their holding so that they can take a decision themselves with better understanding. Alpha Affairs has filled this need by giving a chance to common man to get the third eye look on his/her portfolio.
Portfolio opinion is a premium service (nominal fees) and our motto behind this service is to help our friends remove dud stocks from portfolios to improve overall portfolio returns. We call it as a Third Eye Look on your portfolio. This Opinion should be construed as knowledge sharing only and not be construed as financial advice ( we are not SEBI registered) and any losses or profits arising out of same are responsibility of the stock owner. We are only trying to help each other in best possible way we can. It is better to consult your financial adviser before initiating buying, sell or hold calls on your portfolio
Please find the details at the link provided below
https://alpha-affairs.com/portfolio/portfolio-opinion-third-eye-look/
Your portfolio review maximum two times.
One at start of discussion and
another review on or before 90 days as per request
You can use Services for Stocks or Mutual funds review or both together.
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Most of the investors are waiting for market to overcome the budget day shock given by markets and hoping that February should end fast and March should begin as earnestly as possible. Little did they know the second week of March 2020 will bring more blood on the streets literally (Dalal street became Laal street ), pun intended.
Most of these investors are new into the market and did not know how to react to such situations in market. Some of them only read about 1992, 2000, 2008 market crashes and personally not experienced them. This market crash is a kind of a graduation ceremony for new investors, while at the same time its a post graduation for 2000, 2008 graduates. If you survive 1992, 2000, 2008 and ongoing 2020 then you deserve a lifetime achievement award as well.
So as you are reading this article, did you notice any pattern in stock market crashes?
Congratulations, if you are able to see that
Stock Market crash is inevitable every 8-10 years.
Ofcourse capital protection in these times are the first priority. How to do that, lets read further on what strategies people can adopt
Thsi strategy is for people who
Advantage with these strategy is you may not lose further capital if market goes down and may get a chance to re-enter at lower levels or bit higher levels when dust settles. Problem with this strategy is it is impossible for anyone to predict whether market has bottomed out or not. Will Market go down further in next 2 days or 2 weeks or 2 months. Nobody knows. Get away from people if they claim to know.
We may see occasional sharp upturn but may not be able to sustain it because economy will be impacted definitely due to most of world going into lockdown mode for few months.
You may need to decide a market point where you should re-enter
Since such market crashes, most of the stocks fall even if they have good balance sheets, business , zero debt, so advantage with this strategy is you will get good quality stocks at throwaway prices and from these levels, they can return 15-20% CAGR in 5 years. Problem with this strategy is most of us go overboard and can’t classify what to leave.
In such cases adopt a simple strategy
Correct portfolio allocation including cash in hand at all times is the key to survive these crashes.
This strategy is for people
Under this strategy, neither you buy nor you sell but wait for the dust to settle down to take the next course of action.
What i am doing in this market? My answer is Case 2.
I would not recommend to sell out and sit if you have not borrowed money and are not facing immediate liquidity issues. But for sure remove dud stocks and put that money into other quality stocks
Whatever strategy finally you adopt. don’t be a blind follower
Read more on Blind follower here
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Most of us know or can distinguish whether one is a trader, investor or speculator or just a pure talker but we miss to understand a special category called Blind Follower
Although there is nothing wrong in following someone or taking an advice on your portfolio or having a third eye look on your portfolio but to follow someone blindly is a dangerous path.
Markets can be highly rewarding if you learn the art of stocks , do your homework before you start to follow someone. Point is you can follow someone stocks but how you can you borrow or get the same courage and conviction you follow.
This article is help you understand whether one fall in a category of Blind follower or not. If yes, please be aware of the chosen path and its pitfalls
Also Read : Hold Cash or remain invested
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Read on SBI cards Business Strengths, Oppurtunities, Weakness, Threats in the post SBI CARDS IPO. We will discuss in this post on what could be an investor strategy once its listed on 16th Mar20.
Since Market scenario has turned bad as compared to IPO subscribe days, its better to be prudent in investing. Just pulling back line from old article on subscription strategy, the longer term strategy will remain as such
One can subscribe to SBI cards IPO if one can hold the shares for 3 to 5 years and looking for long term gains
Note taken from earlier post on subscribe or not : SBI CARDS IPO.
This could very well turn out to be a blessing in disguise as you have money available to put in stock market. Whereas others are finding it challenging to arrange money to buy stocks available at cheap valuations after a drastic fall, you are spoilt of choices.
Action 1–> Keep some money ready for SBI cards and allocate rest amount to buy other quality stocks in market
Action 2–> If Listing happens at premium of +15-25% IPO price, you need not to do anything. Wait for correction in stock price before initiating your position
Action 3–> If Listing happens at +/- 5% of IPO price, you need not to do anything. Wait for correction in stock price before initiating your position
Action 4–> If Listing happens at -20% of IPO price or share price moves down 20% from IPO price ( approx 600 Rs), you can initiate buying and can put 33% of your money kept aside for SBI Cards. In more likelihood, you will get chance to put more at down levels.
Action 1–> Sell all allotted shares of SBI cards if listed at 20-25% premium to IPO price and wait for re-entry
Action 2–> If Listing happens at +/- 5% of IPO price, you need not to do anything and wait for further correction before averaging down your price
Action 3–> If Listing happens at -20% of IPO price or share price moves down 20% from IPO price ( approx 600 Rs), you can initiate buying and can put 25% of your money kept aside for SBI Cards. In more likelihood, you will get chance to put more at down levels.
Action 4–> Buy 50% or more of money kept aside if share price moves down 40% from IPO price ( approx 450 Rs).
Action 1–> Sell all allotted shares of SBI cards if listed at 15-20% premium to IPO price and wait for re-entry.
Action 2–> If Listing happens at +/- 5% of IPO price, you need not to do anything and wait for further correction before averaging down your price.
Action 3–> If Listing happens at -25% of IPO price or share price moves down 25% from IPO price ( approx 530 Rs), you can initiate your further buying and can put 20% of your money kept aside for SBI Cards. In more likelihood, you will get chance to put more at down levels.
Action 4–> Buy 50% or more of money kept aside if share price moves down 50% from IPO price ( approx 375 Rs).
Slowing economy may led to lot of defaults. NPA % is sure thing to watch out for
Rich Valuations at IPO time may take longer time to deliver mutlibagger returns and if any quarter results are not as good as expected, these rich valuations may play havoc
Emergence of new player to snatch market share. Keep watch out for AXIS Bank and ICICI Bank market share vs SBI Cards market share
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This is in continuation of the 1st article and I seriously recommend you to read Running: Getting started before you further read this article. In the whole journey of running, everyone goes through learning steps which might be little different as per one’s age, height, weight and circumstances as well. So it’s important to develop the skill to learn the dots and connect the dots as you progress.
Although this article is for beginners but is equally relevant for intermediate runners as well
I came across many people who want to run or want to restart after few years gap but lack motivation. After multiple discussion with coaches, mentors and people involved in running and analyzing the outcomes, one of the definite conclusion is What beginners are really lacking is a GOAL. Once you have a goal to achieve, you will also get a motivation to achieve it.
I would definitely recommend a simplest and bit of challenging goal for beginners and that is to
Sign up for a friendly 5K race
Fun runs associated with a particular day like women’s day run or runs associated with some health awareness issues like diabetes, blind people, Cancer awareness runs or a famous city run like TCS Majja run are perfect ways to get excited about running. And if these runs are organised by your office, society or friends then you will be having a good time while you’re at it. And you will get company as well for training.
We mentioned preparing for a running plan to meet certain objectives in the last article and we will see how we can make one for ourselves.
Remember the unforgettable simple objectives we discussed
1. We will train for injury free running.
2. We will follow discipline in running
Lets understand the things which we need to keep in mind to have a injury free running

Lets understand the things which will help us in conquering initial Running roadblocks
I have put up a practical sample plan for a 5k run goal below ( in a two months time). It is freely downloadable and can be customized at your end. Feel free to customize rest days, run days as per to fit your lifestyle.

You can always contact me through Contact form to help you with a customized plan for 5k or 10k run
Also Read : How to achieve seemingly impossible fitness goals
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Disclaimer : I am not a Sebi Registered adviser and currently invested in Yes Bank with average holding @45 Rs. This article is based on Yes Bank taken over by RBI and placed under moratorium on 5th Mar 2020. The content of the articles are not relevant if there are any future developments which are not in sync with this article. This article is not meant for traders. Please consult your financial adviser before making any decision on buy, sell or hold. You are advised to have your conviction and owning the decision thereafter.
As per the recent developments, Yes bank is placed under moratorium by RBI and SBI , LIC are potential investors with dilution of shares. So in such a case what an existing shareholder can do.
Your all investments may not be successful and may fail. One should be ready to accept such failures, learn lessons and move on to next opportunity.
Stocks may fail or fall due to technical reasons (overpriced) , due to bear market (every stock falling) , due to bad policies (power stocks, aviation are good examples), or change in fundamental story.
Be clear that Yes bank has fallen due to change in its fundamentals and its story has changed. Whatever thesis we have for Yes Bank at the time of investing is changed forever and this is the time to have a relook on yes bank investment.
So what we can do as retail investor when you are up against
Here is the practical advise in three scenarios
Hold if your average is too high (beyond 60 Rs and further) (CMP Yes Bank is ~16 Rs) and don’t book losses. Let the losses remain on paper.
You can not do anything with pennies anyway.
Wait for investment thesis by SBI, other players to play out
Let the stock get stable and take a call again but do remember not to throw good money after bad money.
This section is specifically for investors holding positions below 60 Rs.
First step you should do is look existing amount as fresh investment in new bank or a new company & ask yourself few questions
◆Will new Yesbank be multibeggar in near future?
◆Can I afford to lose all what i invested till now or further money in Yesbank debacle?
◆Will brand value of Yes Bank remain intact among customers and depositors after moratorium.
◆Will new customers open their account in Yes Bank ?
and like wise you can frame more questions
◆Are there better opportunity in this falling market?
◆Will old customers withdraw all money on first given opportunity from Yes Bank?
and like wise you can frame more questions
If the answer is YES (for Qs in Section 1) along with NO ( for Qs in Section 2), Then read Option 3 down further
If the answer is Yes for some of the above questions in section 2 along with No answers to some questions in section 1, Then there are three options
Option 1. Think it is one of the bad ideas and sell if liquidity is a challenge. Book your losses and Move on to next opportunity.
Option 2. Hold if liquidity is not a problem. You may recover some of the price and decide accordingly. Don’t throw good money after bad money
Option 3. You have enough liquidity and can afford to lose all money invested in yes bank plus you have enough time horizon to play like 3-5 years, Go and buy shares of new Yes Bank and average your holding if shares available at below 10 Rs. Even if you choose option 3, allocate not more than what you afford to lose completely. I would not advise you to go beyond 5% to 10% capital in yes bank of your total capital allocated in market. Definitely a Riskiest option but rewards (if any) will be equally high.
Choose your option wisely based on current liquidity, your risk appetite and investment horizon and do as much due diligence as possible on your holding.
I hope this article might have brought some clarity to your current thoughts. Any feedback’s are welcome.
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Few things on SBI CARDS IPO to help you decide whether to go ahead with subscribing for IPO or not.
Healthy Balance sheet
Strong parentage backup (subsidiary of SBI)
Second largest credit card issuer in India with 18%
Low credit card penetration in India ( @ 3% only) . Developed markets have this ratio @300%
Largest co-brand credit card issuer, having partnerships with several major players.
Will become the only listed company in India in this space.
Fast usage of UPI interfaces may led to increased competition
Fast usage of mobile wallets may led to decline of credit card users or slow penetration into new user base
Unsecured credit may lead to high NPA
High Valuations
One can subscribe to SBI cards IPO if one can hold the shares for 3 to 5 years and looking for long term gains
Slowing economy may led to lot of defaults. NPA % is sure thing to watch out for
Rich Valuations at IPO time may take longer time to deliver mutlibagger returns and if any quarter results are not as good as expected, these rich valuations may play havoc
Emergence of new player to snatch market share. Keep watch out for AXIS Bank and ICICI Bank market share vs SBI Cards market share
In case you have any questions/ queries, please feel free to reach me through Contact Form
Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.
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A dilemma every investor face : To remain invested in market or be fearful and cash out.
NO doubt, abundance of cash will allow you lot more investment flexibility than other people in market, more so in such volatile times or bloodbath in share market. But for that, you have to pass so many good looking (but not good) opportunities when markets are going up to preserve your cash.
On the other hand, if you are fully cash out in times of fear, you will miss the amazing wealth creation journey as shown below
So these two tweets shows exactly the dilemma one faces. As John Keynes quoted long time back –“Markets can remain irrational longer than you can remain solvent“

So the key here is to have correct portfolio allocation.
You should know which opportunities to let pass by. That can only happen when you don’t work on tips but study the business (ok, i mean share) in which you are going to invest.
If you can’t understand Balance sheet or cash flows, no problem.
As long as its not a penny stock chosen by you, you can just start with a basic google search about management integrity or business viability as a macro picture and things will start to appear. Take help to understand bigger picture of business. Understand the parameters for different kind of business. Is it cash guzzler or work on leverage? Is it a high margin business or high volume business?
So if your basic search, sanity checks on company itself shows you own a dud investment, be fearful and cash out. Deploy that cash to buy quality stocks further. Not only it will avoid to push more cash from your pocket but also trim your future losses.
So the cash you generally deploy for below par investments can be saved by doing some basic sanity checks on a company and that cash can be really useful in bloodbath in share market. You will get good companies at prices which will be seen as missed opportunity by people who don’t have cash.
Before i leave you to ponder on further details about the companies, do remember
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In case you have any questions/ queries, please feel free to reach me through Contact Form
Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.
Enjoy the day and your life. Don’t forget, we are alone in this grand universe and may not get a chance to live again.
Also Read :
You should invest in Stock Market
In case you have any questions/ queries, please feel free to reach me through Contact Form
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Bengaluru-based Barbeque Nation Hospitality (BHNL) has filed IPO papers with SEBI for the second time. Backed by private equity investor CX Partners and ace investor Rakesh Jhunjhunwala’s investment firm Alchemy Capital, the IPO would comprise a fresh issue of shares as well as offer for sale.
Barbeque Nation is one of India’s fastest growing and widely recognised restaurant brands in the rapidly growing CDR market

Rakesh Jhunjhunwala’s investment firm Alchemy Capital holds 2.05 per cent stake in the company. Private equity investor CX Partners owns 33.79 per cent. The promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. They together hold 60.24 per cent stake in the firm.
A very limited quantity of pre-IPO shares of Barbeque Nation is on offer.
Some of the details can be found here at https://economictimes.indiatimes.com/markets/ipos/fpos/barbeque-nation-hospitality-ipo-all-you-need-to-know/articleshow/74223280.cms
For those interested,please email me with details through Contact Form
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If there is a story for a sportsperson, then athlete would be on the top of the list and more or less every runner has a story. From being confident to overconfident, messing up on start line or finish line with premature celebration, making that one simple mistake that turned the entire experience into a bad race day.
After months of training, nobody wants a bad race day. Not only it can be extremely disappointing but also perhaps dashing your dreams of a new PR.
This article is about the awareness of the common failures that happen on pre-race day, race day and after that. I hope most of us have heard about Murphy law “whatever can go wrong, will go wrong.” . We need to avoid that as much as we can to have a nice race day and achieve our PR
Also Read : Running and Rest Day
| Failure | How To Avoid |
| Logistics issues like misplaced bibs, timing chips, Not aware of parking areas, Miscalculation of time to reach start line from parking area, missing out race station for hydration etc | Plan everything a day in advance from clothes to transportation etc. Do not leave any small or big decision for race day. Be aware of your running route and planned breaks |
| Trying new foods on race day like a gel shared by a friend or pre-race breakfast by organizers. May lead to stomach upsets during race | Stick to pre-planned race day breakfast or mid run snacks tried and tested during practice runs |
| Going empty stomach to race. This is the other extreme and by the time you eat, drink from race stations, its too late and too little | Eat pre-planned race day breakfast 90 mins before. Try to avoid high fat, high fibre foods |
| Too Fast too soon. You start the race with full pace in excitement and gets caught with fellow runners momentum and then you hit a wall | Set a pace for your first 2 km of the race and then ease into race pace. Speed up as race progresses and finish with negative splits |
| Drinking too much water before race will lead to side stitches or bloated feeling. You might need a loo break in between | Start hydrating yourself 3 days in advance and increase the water intake on pre-race day |
| Arriving at a race Too Exhausted. You kept on training till last day to cover up missing days | Always follow a taper plan of 1-3 weeks depending on race distance and catch up on sleep. Generally we can’t sleep fully on pre-race night due to anticipation, excitement etc |
| You start the race without a proper warm up and then you finish with injured ankle or calf spoiling everything for next few days | Plan for 10 min time before race to do dynamic stretches, short strides or a easy jog to avoid injuries |
| You sign up for race in a different city and planned to roam around to see tourist places with your friends | You should plan to rest on pre-race day and avoid exhaustion. You can always roam around after achieving PR. |
| You are a social person and keep partying till late night before race day | Just hold your party for a day and see the enjoyment of a party with new PR in hand |
| Stopping immediately after the race and missing cool down. May lead to cramps, soreness, body pain | Walk for a while after the race to allow your heart rate to come down gradually and do some static stretches before heading for food corner. Your body will thank you for that |
| Last but not the least, you forget lubrication and struggle in the race with chafing, itching. Body chafing is most under known among new runners | Identify problem areas beforehand and lube up with Vaseline. Avoid wearing new clothes, shoes on race day to avoid chafing, blisters |
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Also Read :
You should not invest in Stock Market
You should invest in Stock Market
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Weekend HookUp: 9 February, 2020
Stocks: Blue Chips with almost zero returns in a decade (NT)
Travel: Agra Beyond Taj (Livehistoryindia)
Auto: 10 worst Indian Cars of a decade (TeamBHP)
Health: Ideal level for Ketosis (Livingwellwithketo)
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As lot of people keep asking me regarding the specific financial advice when entering a stock market, this quick-read article gives you some pointers before you jump into stock markets



Read in detail : Emergency funds
Also Read : You should invest in Stock Market if
Also Read : You should not invest in Stock Market if

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Emergency fund is money which comes to your rescue when something unexpected pops up in our daily routine. One needs an emergency fund as life is very unpredictable. Something that can go wrong will eventually go wrong at wrong time.
Just think of emergency fund as a lifeline thrown at you when you are drowning and this article is about creating that lifeline yourself

One may need to travel unexpectedly (we all know how much bomb a ticket costs at last minute) or there could be medical emergency (Generally Life insurance or medical insurance will work for this but by the time insurance claim comes to you, you need to survive yourself and family and pay hospital bills) You need funds for that.
Or worse if you are working in an industry where jobs are not secure and layoffs are frequent, such a fund becomes mandatory.
You wouldn’t be forced to reach out to family or your so called friends for help and further You also wouldn’t have to accept the first job offer that lands on your plate in such a scenario

Basic Thumb rule is to have minimum of 3 months and maximum of 12 months of expenses as your emergency funds. e.g, if your monthly income is Rs. 50000 and you spend Rs 45000 month on an average and save 5000 Rs per month then you should have minimum 45000*3 =135000 as your emergency fund.
| Asset | %age of emergency fund | Storage mode | How to access | Accessibility days |
|---|---|---|---|---|
| Cash | 15 % | Safe vault at home | Direct | 365*24*7 |
| Liquid Bank Balance | 50% | FD/RD/Saving account | Cheque/NEFT/ IMPS/UPI | 365*24*7 to T+(1 to 2) working days |
| Debt Mutual Funds | 30% | Ultra short duration funds, liquid funds | Demat account/ Cheque/ NEFT | T+(1 to 2) working days |
| Gold | not more than 5-10% | Safe vault at home | Sell to Jeweler | Jeweler working hours |
| Other avenues which can be used | How much % to use in case of emergency | How to use | Advantage | Disadvantage |
| Credit card | 25% | Make a habit to not cross 75% of allocated limit. Reserve 25% of credit card limit as emergency fund usage | It will give you 20-40 days to arrange funds from other resources. | Debt trap |
| Real estate | Neither recommended nor preferred | Additional plot/flat can be used to serve this purpose | Huge amount will be available | Highly illiquid. May be sold at high discount to market in emergency and may take months |
| Stocks/ equity Mutual funds | Neither recommended nor preferred | Sell in market | Emergency funds may grow faster | May be sold at high discount to market in emergency. T+3 working days to access funds |
Also Read :
You should not invest in Stock Market
You should invest in Stock Market
You can safely assume the emergency fund as gateway to wealth creation. Until you pass this gateway, dont dare to think of entering stock market.
The point i want to bring to your attention is — if you have build up emergency fund and saved enough money further (approximate 2 year expenses) in bank account then such a huge money can give you access to new opportunities in stock market.
Let’s say the economy crashes and potential layoff’s are round the corner and eventually stock market crashes and asset prices are below their intrinsic values. In such a scenario, instead of selling your stocks at penny prices, you would have enough disposable money to take advantage of stock market and build up new positions without fear.
Do keep in mind that Stock market is a risky place and there could be times where the market is down for quite a long time and you do not want to sell your securities at highly discounted rate, this kind of emergency fund may help you to pass through such bad times without worrying about any unforeseen risks in your daily life.
Last but not the least You need to have more than few of the personal qualities to succeed e.g.
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Tip : Timsy Jaipuria


Also Read :
Move to New Tax Regime or stick to old tax regime
Union Budget 2020 : Shockers and hits : Industry experts views consolidated
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New Tax regime proposed in Union Budget 2020 introduced few more tax slabs and one can choose to move to new tax regime for FY20-21 but one has to forego exemptions. This is where it gets tricky.
The process of tax filing has already been a cumbersome process for a common man and now with two different tax regimes at hand and different exemptions available for tax saving, it becomes a tedious task
Here’s is the first step for you to analyse before going further into details of new tax regime.
A sheet created by industry expert Deepak Shenoy of capital mind to help you analyse whether to move to new tax regime or stick to old one.
Also Read : Budget 2020 :Shockers and hits
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Positives, negatives and how to beat budget — https://mfresponse.adityabirlacapital.org/Hosted_pdfs/FEB_2020/Budget/INV/budget2020_MF.pdf
Budget 2020 & you — https://www.primeinvestor.in/2020/02/01/budget-2020-and-you/
Important takeaway points —https://finshots.in/archive/points-of-the-budget/
Shocker on non tax paying NRI’s – https://www.cnbctv18.com/personal-finance/income-tax-shocker-budget-2020-proposes-tax-on-non-taxpaying-indians-residing-overseas-5180771.htm
Budget 2020 : An eyewash : https://www.capitalmind.in/2020/02/budget-2020-lower-tax-slabs-just-an-eye-wash-but-check-for-yourself/
Also Read : Move to New Tax Regime or Stick to Old Tax Regime
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It is so easy to get caught in results but whats is more important is to focus on is to see what kind of habits will help you reach those results. Most of the times, we are focused on numbers of other persons e.g. he lifted 100 kgs, he ran full marathon or he cycled 300 km in a day. Instead we should focus on that person habits, e.g. he goes to gym 4 times a week and lift weights progressively or he ran/cycle 3 times a week and choose multiple variations to build stamina. This focus on habits will help you to achieve seemingly impossible goals
Fitness should be part of your life and not something you do for a month or a year. You shouldn’t be the one who’s running, cycling or hitting the gym for a month at the start of a year and doze off till next year start. Fitness should be a lifetime commitment evolving with ever-changing goals as you progress. Your target should be to achieve and live a longer, healthier life and that’s only possible if you are committed for lifetime

SMART means
Specific – Goal should be direct, detailed and meaningful
Measurable— Goal should be quantifiable to track final results
Achievable — Goal should be realistic and you should have resources to achieve that
Relevant – It should make sense with overall fitness goals
Time bound – Goal should be time bound and must have a deadline
So instead of writing WEIGHT LOSS as a goal, you can write as ” I want to achieve 10 kg (Specific, Measurable) weight loss with a progressive weight reduction of 1 kg/month by controlling junk food intake(achievable) in a total of 10 months (time- bound). With that I will help myself to reduce from 100kg to 90kg weight(relevant)”
This will help you to keep on track for the goals you create
We know a lot of persons will take up crazy diets to achieve weight loss and get back to junk food within a month or a friend hitting a gym two hours a day in January and becoming a potato couch February onwards.
Be reasonable when you set goals. It’s impossible to make a sudden, drastic change in lifestyle that has build up in so many years. It will take time to change. Its nearly impossible to get noticeable change every day.
Be patient and try to slowly change your diet, lifestyle, fitness. It should not be a hard landing into a new fitness regime or diet. Its something that you are adopting for decades,so take your time to slip into new regime or diet and stick to it.
You don’t need to drive the new Fitness goal faster, but you need to drive it well

Having a daily routine or a scheduled regime at same time of the day will help you to be consistent. One has to create a workout routine or a fitness program to be more efficient in achieving goals. But don’t worry or stop your fitness activity if you dont have any specific regime.
Only showing up daily will work wonders in the starting phase and as you progress, you can create a regime or take the help of professional trainers to make one.
Remember just turning up daily or on the scheduled days will won you half the battle. You will know what to change in regime only when you turn up

Believe it or not, its always great to try your hands at something you are afraid of once in a while. Not only it activates your immune system and nervous system but also mitigates your fears.
Only thing you have to remember is not to go overboard for such activities and the new thing should add to your fitness regime.
e.g. if you are a runner on a regular basis, try doing swimming once in a week. That kind of cross training may help you and activate different muscles.

Try to identify the weakness which if addressed in starting itself will give you a huge quick win and you will want more of same. e.g. Currently you can’t run 200m at a stretch and If your target is to run 10 km continuously , break it into 1km continuous run in the first week, 2km continuous in the 2nd week. That way your mind registers a small win and give a confidence boost to you for bigger target.
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Studds Accessories is the world’s largest helmet manufacturing company
Studds has a Sales CAGR of 21% and EBITDA CAGR of 37% over the last 5 years and a consistent performer.
The latest annual report can be obtained from here
A very limited quantity of shares of Studds Accessories is on offer.
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Weekend HookUp: 11 January, 2020
Startups: It pays to be in Bengaluru (Mint)
ITR Forms : New ITR forms for FY20-21 (Mint)
Retirement : 12 steps before retirement (Subramoney)
Travel : Backpacker’s paradise Araku Valley (Araku)
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Its a beginning of a new year and many people plan to buy the new car around this time. Moreover lot of new models availability, BS-IV related discounts, electric vehicle buzz and interest rate on the downside in so many years may prompt us further and make the deal sweeter. Economy on the downside and with number of dealers getting bankrupt may give you a good chance to negotiate a good deal for a new car.
Now before you jump in joy, please remember that car is a liability if taken for a personal usage.
Below are the few factors, one need to consider before arriving at a decision to buy a car on a loan.
Car Price – Negotiate as much as possible on the car price for discounts so that while taking loan it helps in reduced EMI
Tenure—Choose shorter tenure to ensure faster repayment and less total interest outgo. Balance between high EMI’s due to shorter tenure and other financial goals.
Loan amount– Choose as much lower loan amount as possible to reduce interest costs. Balance between down payment and other investments to make sure that down payment need not come at cost of other goals
Lower interest rate – Banks offer lower interest rate as compared to NBFC while getting a loan from NBFC is faster and easy. Some banks allow registration cost, insurance amount, accessories cost to be included as part of loan amount. Also check the difference between interest rate for female borrowers to take due advantage
Processing fees – Try to negotiate as much as possible on processing fees as it can dent your pocket by 5-10k easily. Be aware of seasonal waivers on such fees while availing loan
Prepayment charges – Choose a bank which allows you to prepay the loan with minimum charges. Check on the number of times you can prepay and on the amount that can be prepaid
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Launch on January 6, January 7 2020
Encourage you to read full inspirational thread!!
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You can afford to lose money without that loss having any affect on your and your family daily life in the foreseeable future.
You do not need money in immediate future (means within 2-3 years) e.g.
You decided to diversify your income streams.
You decided to get out of losing your savings from inflation
You are not fortunate to have a windfall family inheritance to live off.
You know stock market is a risky place and can differentiate between investing, trading and speculating. Read more in
You are aware that in long run, Equity investing is the best investment theme as compared to GOLD, FD, CD, BONDS, REAL ESTATE
Last but not the least You have more than few of the personal qualities needed to succeed e.g.
Also Read : You should not invest in Stock Market if
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You need money in immediate future (means within 2-3 years) e.g.
You decided to live on fixed income e.g.
You do not have control over your emotional behavior e.g.
Also Read : You should invest in Stock Market if
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Religare Health Insurance (RHI) is one of the leading Stand Alone Health Insurers (SAHI) in India
There are only 5 SAHIs in India and RHI is one of them. There is considerable PE interest in such companies as evidenced by the purchase of True North in Max Bupa and Westbridge in Star Health
The financials and other disclosures of RHI can be obtained from here
A very limited quantity of shares of Religare Health Insurance is on offer.
For those interested, please Contact through this link
Also Read FAQ on Pre IPO Shares
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Telecom : Eligibility for Mobile Number Portability (Mint)
Gadget: Canon EOS 90D (Gadgetsnow)
Finance / Tax: Aadhar Pan Linking mandatory (Mint)
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Weekend HookUp: 13 December, 2019
Gadget : Google Nest Mini (Digit)
Stock Idea : Fila Best Company 2019 (Forbes)
Life : Lesson to unlearn (Paul Graham)
Travel : Hyderabad Places to see (Hyderabad Tourism)
Fitness : 8 Morning workouts (MJ)
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Trading Holidays : BSE trading holidays in 2020 (BSE)
Investing: HDFC AMC : Are we on different planet (RC)
Health: Type 2 Diabetes : 7 foods that spike blood sugar (Everydayhealth)
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This is in series of posts where you can find the SWOT of a listed company along with factors to watch out for in coming quarters.
SWOT means
S – Strength of a company
W- Weakness of a company
O- Opportunities available for a company
T – Threats for a company
Disclaimer – Analysis is NOT a BUY/SELL/HOLD Recommendation. It can be used for educational purposes. There can be lot of things which have been missed in analysis either due to lack of information or oversight etc.. Do your own diligence & contact your expert financial adviser before making any investment decision.
Also Read – SWOT- Parag Milk Foods
Also Read – New to Stock Market : Part 1 : As Investor or Trader?

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Life: Irritated is a choice (Seth Godin)
Biking: Electric Bike (OB)
Finance: Millennial’s New Debt trap (Mint)
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Nowadays every big city is cashing on the trend of running and calling road/trail race of any length a MARATHON. A misuse of the term definitely but its not uncommon.
We see this is being commonly mis-used for events described as 5k Marathon, 10k Marathon and so on
Every race organizer wants profits for organizing a race. How to do that? Simply by allowing YOU to boast of ‘Participating or Running a MARATHON‘ with a nice finisher medal and breakfast with a nice TEE.
Of-course there is as such no harm participating in such events. You will definitely derive some benefit out of it and same about organizer.
But remember, every race is not a MARATHON.
You’re not going to like it but we have to tell you about it.
2K is not Marathon, 5k is not Marathon, 10k is not Marathon and for that matter even 21k is not Marathon. So what is Marathon.
Marathon is 42.2km distance (42.195km to be precise), any lesser distance is not marathon. A 2K is a 2 K run, 5k is a 5K run, 10K is a 10K run, 21.097k(~21K) is half marathon
Marathon means 42.2km (historical reasons and other details), that’s a lot of distance and precisely the reason, it has a premium tag attached. Please keep this tag reserve in your mind and heart and wherever you can, so that when you do run the marathon, you will feel proud of that premium tag. Keep that tag as a motivation to push yourself.
Is it difficult to do Marathon? Yes it is as its stretches the limits of body and mind but not impossible. Everyone can do it and the moment you do it, it will change your life forever.
Leaving you with a great quote and a goal to pursue 🙂

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