Why invest in Mutual funds
When we decide to do something in our life, there could be many reasons that guided our decision. But more often than not, there is
Srikanth Meenakshi
June 10, 2022
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Mutual Funds – A Primer
In this article, my endeavour is to talk about mutual funds from a practical point of view. Wherever possible, I have used examples and illustrations from real life to explain the ideas that I tried to communicate.
Srikanth Meenakshi
June 10, 2022
No Comments
General
PrimeInvestor smallcase portfolios
We have just launched two portfolios on the smallcase platform – an active-investing stock portfolio with a unique, growth-oriented theme, and a passive-investing portfolio but one that is dynamically managed by us.
Srikanth Meenakshi
February 10, 2022
26 Comments
Short Takes
30% Crypto tax
The 30% Crypto tax is the Indian government at its passive aggressive best (or worst, depending on your view point). The text of this tax law coupled with what the finance minister said in the post-budget interview leads me to think that the government holds the crypto ecosystem in absolute disdain.
Srikanth Meenakshi
February 2, 2022
1 Comment
General
Book review – ‘Money Wise’ by Deepak Shenoy
Pre-ordering a book before publication is like buying units of an NFO. You are committing money before you know what you are going to get. But in the case of ‘Money Wise’ by Deepak Shenoy, I knew it was a sure bet. Having known the author and reading his works for several years, I had a pretty good idea about what I would receive, and hence as soon as the book was announced, I jumped on it with an instant order.
Srikanth Meenakshi
November 30, 2021
2 Comments
General
Four books
None of these four books are particularly ‘PrimeInvestor’ topic – relating to personal finance or FinTech. Nevertheless, I thought I’ll share my thoughts on these books – 4 of them – in a brief note. Some of these books are quite popular, and all of them are worth your time, if the topic interests you.
Srikanth Meenakshi
September 28, 2021
No Comments
General
CRED launches CRED Mint
Cred Mint, as noted earlier, is a peer-to-peer lending platform. What this means is, simply put, people lending to each other by using an intermediary service. By using Cred Mint, a customer can either borrow or lend to other Cred customers at “attractive” rates. For lenders, Cred is promising interest rates “up to 9%”, which is significantly higher than bank FD rates today.
Srikanth Meenakshi
August 21, 2021
6 Comments
General
Why you should speculate in the market (and how to)
Speculation must be like seasoning on a dish – a little bit goes a long way, and the sure fire way to ruin the taste for it, is to overdo it. What is speculation? Before I defend my opinion, let me clarify what I mean by speculation. To me, speculating on investments should be a combination of these things: It should be short-term oriented. By short-term I mean, anything where you can see the results within 6 months. Investing in a micro-cap fund as part of your MF portfolio is not speculative in my mind. But betting on a stock to go up (or down) in a time-frame of 3-6 months would be speculative.
Srikanth Meenakshi
August 3, 2021
9 Comments
General
Richer, Wiser, Happier – Ideas to emulate
There are few things that are so beguilingly simple yet devilishly complicated as investing in the stock market. There are but a few hundred stocks
Srikanth Meenakshi
June 22, 2021
11 Comments
Short Takes
Frivolous features
You can tell when a platform marketplace is getting too crowded when useless, misleading ‘features’ get added on to the software in the quest for ‘differentiation’. I ran into a prime example of just such a thing when someone sent me a screenshot of a page from the Paytm Money app.
Srikanth Meenakshi
June 10, 2021
4 Comments
General
“The Dhandho investor” – A review
We’ve heard of fusion music, we’ve heard of fusion cuisine, so why not a fusion book?
Colour me naive, but when I picked up ‘The Dhandho Investor’ – a book with an Indian author and an Indian name, I thought it would be about Indian markets and for Indian investors. It was not. Although the author is Indian, and there are many ‘Indian’ anecdotes in the book, it is aimed at an American audience.
But that should not stop you from grabbing it and reading it. It’s a delightful book – expertly written with ideas that you can use in any free market economy.
Srikanth Meenakshi
May 20, 2021
2 Comments
General
“The Millionaire Fastlane” – A review
repreneur forum that I follow, someone asked a question to the group – “Which books made you the most money?”. The answers that followed ranged across topics of investing to motivational to actual business books. But one book that got the most mention was this book by M J DeMarco titled, “The Millionaire Fastlane”.
However, people who commented on this recommendation seemed quite polarized. Some of them REALLY liked the book, and other others REALLY hated it.
So, I had to buy and read it. 🙂
I just finished it, and I have to say, I hated it.
But, if you read it, you may like it. And that’s ok. While not quite liking it, I could quite see why some people will really find it inspiring or at least, alluring.
In this review, let me give you a summary of what the author says, and tell you what I thought about the ‘fastlane’ he recommends.
Srikanth Meenakshi
May 13, 2021
13 Comments