Cutting through the clutter: Oaktree Memos 🍀

Howard Marks is the co-founder of the investment management firm in the US called Oaktree Capital Management. He is an author on financial markets, his most famous book being Mastering the Market Cycle. He is also a guru to many investment managers around the globe. He dispenses his thoughts and views on the financial markets…

Sale❗️in the Indian equity markets📉

Are we witnessing a black swan event? The news headlines from US read “Dow Dives 1,900 Points, NYSE Halts Trading As Stock Indexes Plummet”. At home, the benchmark index, the BSE Sensex fell over 2300 points intraday, to recover some ground and close with a fall of 1,941.67 points (5.17%)  – the biggest one day fall ever !!…

InvITs: Investing for an additional source of income💰(IRB InvIT🛣)

We are always looking out for additional sources of income – some look for more side hustles, I look for financial assets that can generate a regular income. But while entrepreneurs can start with little or no money, financial assets require an initial lumpsum investment. One such income generating avenue currently available in the Indian…

Dividend Candidate(#1): GMDC🤑

Not a great company; not even average; below average would be apt. Then why start with this? Because the dividends they dole out is quite surprising. Here’s a snapshot from 2015: Gujarat Mineral Development Company (Ticker NSE: GMDCLTD) CMP: Rs. 55.35/- (NSE, 10 Dec 2019) [1]Established in 1963,  it’s a state owned enterprise – 74%…

Dividend Income – Pot of Gold or Reality? 🌈

Dividends are a source of income for equity investors; but many are not interested in the small amounts distributed as dividends and prefer to make a killing buying low and selling high. Why should an equity investor in India pursue dividend investing? As per the current IT laws, for a resident individual dividend income upto Rs….

Women must learn to earn…an additional income🦹‍♀️

“A woman’s best protection is a little money of her own.” – Clare Boothe Luce (first American woman appointed as an ambassador) “My husband gives me Rs. 500/- to fill petrol in the car; I fill petrol for Rs. 300/- and keep Rs. 200/- for myself.” My friend is an MBA grad; she and her…

Embassy Office Parks REIT : To Buy or Not to Buy?🏢

To Buy or Not to Buy – that is the question – mainly because you like some aspects of a REIT – the prospect of receiving rental income; but not sure about others – is there capital  protection and how much income can I expect? Ticker: NSE: EMBASSY; BSE: 542602 CMP Rs. 419.98/- as on 15…

Making your first SIP million 💷

“The key is to begin…” they say and so I start my savings with a Rs. 1000/- monthly SIP in a mutual fund. “An end date for the SIP ?” asks the advisor. “Two years for the time being and then I will decide.” Two years later…. “I will continue with the same SIP amount….

A better way to add rental income to your portfolio💰

Rental income has become the holy grail for a passive income source in the gig economy. And now there is an easy route…read on🚧. What are the options ? Subletting an apartment is not permitted by most landlords and hence to earn rental income you need to have ownership. You can buy a property in an…

BSE Ltd: The exchange’s blue ocean strategy is yielding results

Paperless MF investing – it’s something taken for granted by a digital native, but for a digital immigrant like me its nothing short of a miracle of technology. I shortlisted a few MF schemes for investment, but they were spread across different AMCs; I want the Direct plan, bypassing the agents; this means a visit…