“There are only two things you can invest – Time & Money. Of the two – Time is more important.” – Robert Kiyosaki  Beautiful story of an airbus & a fighter plane I came across today that immediately struck my mind, how similar is this to two traits of investing. Let me tell you the story first: Airbus & the Fighter Plane : An Airbus 380 was on it's way across to its destination. It was flying consistently at 800 km/hr at 30,000 feet, when suddenly a Eurofighter with Tempo Mach 2 appeared. The pilot of the fighter jet slowed down, flying alongside the Airbus and greeted the pilot of the passenger plane by radio: "Airbus, boring flight isn’t it? Now have a look here! He rolls his jet on its back, accelerates, breaks through the sound barrier, rises rapidly to a dizzying height and then swoops down almost to sea level in a breathtaking dive. He loops back next to the Airbus and asked, "Well, how was that?" The Airbus pilot answered: "Very impr...

Few years back, we have talked about Indian’s ability to adapt to any situation. Same is reflected the way Indian government & corporates have managed the situation from first lock down to second phase of lock down. Despite the health bedlams during second wave of corona and unprecedented number of fatalities that forced the second lock down, Indian economy kept moving. Increase in tax collection, power consumption, capacity utilization, consumer spending, employment numbers etc. confirms the uptrend and revival in the economy. Stock markets anticipates the future and its trends reflect the same most of the time. With improved sentiments and well supported by ample liquidity it has seen an unprecedented rally over last year. And this rally has spread well across all market segments. Though market valuations are high at this point of time when compared to long term averages but with earnings fast catching up, these valuations are coming back to normal. For those who have to inve...

  "You only have to do a very few things right in your life so long as you don't do too many things wrong" - Warren Buffett When markets are trading at all-time highs with most people waiting for correction to happen, investors are baffled by rush of new fund offers (NFOs) by the mutual fund companies. Even when they find some NFO worth considering, they are confused whether they should invest in them at such high levels of market or not. There are two questions – 1) whether one should invest in an NFO? And 2) Should one invest at the current markets levels? Let’s evaluate the situation and check if this is the right time to take a plunge into NFO or not. Whether one should invest in an NFO - Traditionally we have been of the view that when there are already established schemes available with the same objectives and had been doing well, we should avoid a new fund whose performance is yet to be seen. Over a period we have experienced, as the size of AUM grows of the exis...

  "The market does not trade upon what everybody knows, but upon what those with the best information can foresee" – William Hamilton   For most of the investors there seems no breakthrough happening in the economy but markets are continuously scaling new highs. Second wave of corona caused havoc in people’s lives. We lost many precious lives, many times than the people we lost during its first wave. It forced lock down all across the country though degree varied. But stock markets this time, don’t seems to be worried at all for corona messes.   From economy side also, most of the news aren’t encouraging. All major agencies have downgraded forecasts of GDP growth for current financial year from their earlier estimates. But stock markets are still riding higher and higher.   Equity Market & Economy - Stock markets are deemed to be the barometer of an economy. But they do not necessarily present the true picture of the current state of economy. They ei...