Finity Weekly Update (Issue #7): Kiyosaki’s success mantra & Bharti Airtel’s turnaround

You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.

— Robert Kiyosaki

Trivia: A recent Credit Suisse report states that the top 36 Indian families own more than a quarter of India’s GDP!

All of us have been working hard and are determined to do so. Over our lifetime, we will earn a decent amount as well; but, are we sure about making it to the top 36 mentioned above?


Finity Weekly Update (Issue #6): Children’s Day Special

“The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt”

— Bernie Sanders

Even though this quote is said in context of education in USA, the situation isn’t much different here in India. When we meet our old friends over a cup tea or coffee, we cherish our school/college days. These nostalgic memories take us back to the good old days when it was much easier to dream, set our goals and achieve them with ease. The inexpensive lifestyle in those days gave us a lot of room to lead a carefree life.

Do you remember that schools use to collect a ‘humble’ fee of Rs. 11,000 from a standard 12 student 15 years ago? But now the same education would typically cost about 2 lakh which is ten times more.

We at Finity tell our customers how the inflation in the education system rises in double-digits while your purchasing power climbs by just 6-8% each year.


What moved my market? (Issue #5: Finity Weekly Updates)

“Risk comes from not knowing what you are doing.”

— Warren Buffett

This festive season, many would have purchased gold assuming it to be a high-quality asset while the others would have deposited more into their bank’s fixed deposit accounts considering it as the safest way to let your money grow. We don’t mean to spoil the party, but this festive season had a different story to tell – like all evil, it is time a few myths are busted!

Gold rates fell by INR.150 to INR.32,250 per 10 grams, extending losses for three days in a row and the steepest decline since August 2017.


What moved my market? (Issue #4: Finity Weekly Updates)

The recent Melbourne Mercer Global Pension Index 2018 reflected the Indian pension system’s standing against economies like China (close peer), Netherlands and Denmark (considered to have the best pension scenario).

What’s interesting is that India surpasses China on parameters like integrity and sustainability but lags on a key parameter – adequacy.


Invest in Direct Mutual Funds and Term Insurance to Secure your Child’s Education

Most of you would have heard these words of wisdom from Nelson Mandela:

Education is the most powerful weapon which you can use to change the world.

— Nelson Mandela

But the rising costs of education (at all levels from elementary school to college higher education) have made it harder to get quality education for our kid(s). Quoting Arne Duncan (who was Secretary of Education for the USA):

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

— Arne Duncan


What moved my market? (Issue #3: Finity Weekly Updates)

Investing is not about beating others at their game; it is about controlling yourself at your own game.

— Benjamin Graham

The recent Credit Suisse publication – Global Wealth Report 2018 reflects the improving individual wealth situation in India. The report suggested that India grew wealthier by 2.5% in 2017-18 as against Asia-Pacific as a region which grew its wealth by only 1.7%. Interestingly, wealth per Indian adult also went up by 0.7% in the same period.


What moved my market? (Issue #2: Finity Weekly Updates)

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

— Warren Buffett

The week had large companies like RIL and Infosys announce their quarterly results. RIL, as well as Infosys, posted a significant increase in their profits.

Other key information realized during the week included an uptick in sales of commercial vehicles at 28% YoY along with a decline in passenger vehicles by 4% for the same period.


Are Fixed Income Securities good options to diversify one’s investments?

A lot of customers investing in Direct Plans of Mutual Funds on Finity ask us something along the lines of:

  • What are Fixed Income Securities?
  • What are different types of Fixed Income Securities?
  •  Are Fixed Income Securities something that an investor should consider when diversifying their investments?

So, today I decided to talk about Fixed Income Securities in detail.


Worried about your investments in falling markets? SIP your way out of it

I assure you, no one would say these words of wisdom to you while having discussions about markets and money these days:

  • There could be no better time than right now to stay invested in your funds.
  • It might not be a good time to withdraw your money now.
  • The next few months could be great to invest systematically using SIPs.


What moved my market? (Issue #1: Finity Weekly Updates)

Starting this month, we are starting a series called Weekly Updates on Finity blog. This would be a brief summary of what happened in the past week in Indian financial markets (with a special emphasis on Mutual Funds). If you would like to hear about any specific topic from our Mutual Funds

Indian equities sighed relief as it broke out of a long losing streak and ended the week with an uptick. While RBI maintained status quo on interest rates, its decision to percolate liquidity to the tune of 12-thousand crore rupees resonated positively with the markets. With RBI asserting that the economy is well on track to maintain inflation within target ranges, intermittent softening of crude prices supported the view.