An amateur's rambling

My portfolio

2006-03-13T22:35:00.000+05:30

My portfolio…

Banking/Finance
Andhra Bank 88/-

Centurion Bank of Punjab 19/-

Indus Ind Bank 48/-

SREI Infrastructure - 62/-

Construction

Era Constructions 295/-

GVK Power and Infrastructure 310/-

IVR Infrastructure and Projects 1075/-
Nagarjuna Construction 360/-

Engineering/Capital Goods

BHEL 2090/-

FMCG

ITC 129/-

Hotels

Royal Orchid 190/-

Information Technology

TCS 850/-

Media/Entertainment

Jagran Prakashan 260/-

Pharmaceuticals

Glenmark Pharma 285/-

Refineries/Oil-Gas

Petronet LNG 63.5/-

Shipping

Mercator Lines 60/-(B4 BONUS)

Telecom/Telecom Equipment

Sasken Communications 337/-

Reliance demerger stocks....

Reliance Communication

Reliance Natural Resources

Reliance Energy

Reliance Capital Ventures

Testing

2006-02-13T23:52:00.000+05:30

This post is just to check how Image shack works. There is an option to do photo blogging , so experimented this one..

Rich Dad Poor Dad

2006-02-11T10:24:00.000+05:30

The below are some points which i liked and learnt a lot from them.
The book is a must read for everyone.

A useless person is ,kind of person who has no guts,just give up everytime life pushes,
kind of person who'll live all life playing it safe,doing right things saving yourself for some event that never happens.

It's easier to change yourself than everyone else

The joy the money brings is short lived and they need more money for more joy,more pleasure,security,comfort

Human life is a struggle between ignorance and illumination

A fool and his money is a big party.

If you find you have dug yourself into a hole stop digging

Golden rule, he who has gold makes rules.

Rich buy assets,poor only have expenses,middle class buys liabilities thinking assets

"Robin hood is a crook"

Tax which was intended to punish rich, inreality wound up punishing the very poor who voted for it.

Financial IQ is made up of knowledge from four broad areas of expertise
1 Accounting
2 Investing
3 Understanding markets
4 Law

Old ideas are biggest liability.

Most people have an opportunity of lifetime flash right in front of them and they fail to see it.

It's not how much money u make it's how much money u keep is important

Know difference between asset and liability

Job is a short term solution to a long term problem.

Pay Yourself first then ur creditors and tax

Dont listen to chicken littles

Three imp Management skills
1)Mgmt of cash flow
2)Mgmt of people
3)Mgmt of personal time

Intelligence + Arrogance = Ignorance

--My next book is Iacocca
In pipeline "Beating the street" and "One up on wall street"

Target ..CFA

2006-01-08T21:52:00.000+05:30

I was just browsing through net then discovered this ‘CFA’.
This one seems really interesting and challenging.
Now am thinking about taking this exam.

Hey any one from Hyderabad pls do contact me the material for this course very expensive, may be we can share the material.

The Chartered Financial Analyst® (CFA®) designation is one of the fastest growing professional credentials in the world and is a globally recognized standard for measuring the competence and integrity of investment professionals.

CFA Program

CFA LEVEL I

Financial statement analysis (20%)
The analysis and use of financial statements (3rd edition) – White, Sondhi, and Fried
Financial Accounting (8th edition) – Needles and Powers

Ethical and professional standards (15%)
Standards of Practice Handbook (9th edition) – CFA institute, 2005

Quantitative methods (12%)
Quantitative methods for investment analysis (2nd edition) – Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle

Economics (10%)
Economics: Private and Public choice (10th edition) – Gwartney, Stroup, Sobel, and Mcpherson

Analysis of equity investments (10%)
Investment analysis and portfolio management (7th edition) – Frank K. Reilly and Keith C. Brown

Analysis of fixed income investments (10%)
Fixed income analysis for the CFA program (2nd edition) -- Frank J. Fabozzi

Corporate finance (8%)
Fundamentals of financial management (8th edition) -- Eugene F. Bringham and Joel F. Houston

Derivatives (5%)
Analysis of derivatives for the CFA program -- Don Chance

Portfolio management (5%)
Investment analysis and portfolio management (7th edition) – Frank K. Reilly and Keith C. Brown

Alternative investments (5%)
International investments (5th edition) – Bruno Solnik and Dennis Mcleavey

Indian economy..and stock markets

2006-01-01T17:41:00.000+05:30

Sensex soaring new heights every day ..how much does that depict our economy?
It's inching towards the magic figure 10000...This yr budget will be the most awaiting thing..will that open up more opportunities or the pandora's box...

Discuss Portfolio

2006-01-01T17:37:00.000+05:30

well my portfolio(A lot diversified):-

Auto:-
Amtek Auto
AshokLeyland

Bank:-
ICICI
IDFC
Centurion Bank of Punjab

Engineering & Capital goods:-
BHEL

Oil Refineries:-
RELIANCE
PETRONET LNG

Shipping:-
MERCATOR Lines

Cements:-
Gujarat Ambuja cements

FMCG:-
ITC

IT:-
TCS

Telecom:-
SASKEN
Bharti

Pharma:-
Glenmark

Too much of diversification is not preferred ..it's like taking too much of ice cream cos u'll suffer with stomach ache.

In ideal case 15-20 is enuf beyond that doesnt help much.

2005-07-09T18:20:00.000+05:30

done