Markets Tumbling, Recovering – What to do?? "The best time to plant a tree was 20 years ago. The second best time is now." - Chinese proverb. In times like present most people flock towards safety. Most do it because they don’t know how long this doomsday atmosphere will last, some even feeling like there will be No Tomorrow. But hunger for good returns on our investment never ceases. Kin Hubbard satires, "The safest way to double your money is to fold it over and put it in your pocket." On investment and earning good money from them, Warren Buffet – the legendary investor says, "If I buy a farm, I don't know whether there's going to be drought next year, but I know that there are not going to be 20 straight years of drought, and I know there's not going to be 20 straight years of great rainfall." It is a proven fact that no matter what, in long term best returns come from stock markets only. And as Seth Klarman says, “The stock mar...

In May 2017, at InvestmentMitra we advised caution on lumpsum investments into equity. In our communication Is Stock Market History Repeating we had found similarity in pattern that developed during August 2007 & January 2008. It repeated, with markets giving good returns against high valuation and then falling freely on introduction of long term capital gains tax on equity. Since then it is almost three years and we at InvestmentMitra always took cautious approach while investing even for long term by investing money majorly in balance advantage and balanced funds. All thorugh this period it was only in October 2018, March &   August 2019 we found equity markets to be little attractive with advising profit booking in April 2019 when markets spiked too fast with no support from fundamentals. In our communication Green Shoots in Economy & Coronavirus – Should you invest in Equity   on 16 th February, we talked of possibility of Coranavirus turning ...

Spread of this Pandemic - Data on worldometers’ website shows that so far 89,081 cases have been reported as infected from coronavirus with 3,057 confirmed deaths and another 7,375 in serious condition. Coronavirus cases have been reported in 64 countries including India. China, South Korea, Italy, Iran, Japan, Singapore & France reporting more than 100 cases. That’s the gloomy side of this pandemic. Is Situation Improving – Of the 89,081 reported cases, 48,205 cases have recovered and been discharged. Only two countries China & South Korea have new cases. 9 of 68 affected countries have no active case of coronavirus including our own India. More than one third of these countries have reported just one case and another one third reporting less than 10. WHO has estimated 2% fatality rate for coronavirus patients. Since 19 February number of active cases are on decline. Impact of Coronavirus on World Economy – China, the epicenter of this pandemic contributes to a...