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Feelgud
Junior Artist
Username: Feelgud

Post Number: 247
Registered: 06-2009
Posted From: 122.178.254.133

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Posted on Wednesday, October 03, 2012 - 08:51 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Python:

PPF, NSC




how come warren buffet knows Indian investment instruments ..


Python:

5. On Investing:

Do not put all eggs in one basket:




This is not said buffet
www.TheLinuxDesk.com
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Mental_sachinodu
Side Hero
Username: Mental_sachinodu

Post Number: 8744
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Wednesday, October 03, 2012 - 08:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Feelgud:




thanks bro, i missed this thread earlier.
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Feelgud
Junior Artist
Username: Feelgud

Post Number: 246
Registered: 06-2009
Posted From: 122.167.85.69

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Posted on Wednesday, October 03, 2012 - 11:50 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:



Start with www.theequitydesk.com .. Best site about basics..
"one up on wall street "by peter lynch and "wareen buffet way "
and his annual letters tonthe share holders
www.TheLinuxDesk.com
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Mental_sachinodu
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Username: Mental_sachinodu

Post Number: 8711
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Wednesday, October 03, 2012 - 11:44 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Feelgud:

If ur basket is strong enough.. U can keep as many eggs as u want .. It all about ur conviction..




hmmm annia basics yeda nersukovaali... konchem light eyyandi flzz
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Feelgud
Junior Artist
Username: Feelgud

Post Number: 245
Registered: 06-2009
Posted From: 122.167.85.69

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Posted on Wednesday, October 03, 2012 - 11:42 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:



If ur basket is strong enough.. U can keep as many eggs as u want .. It all about ur conviction..
www.TheLinuxDesk.com
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Mental_sachinodu
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Username: Mental_sachinodu

Post Number: 8709
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Wednesday, October 03, 2012 - 11:12 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Python:

Do not put all eggs in one basket:



hmmm diversity is a tool to mitigate ignorance ani WB saar seppad ani monna edho thread lo padindhi.. is he meaning to say we should believe that we are ignorant :D
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Newguy123
Hero
Username: Newguy123

Post Number: 13397
Registered: 01-2009
Posted From: 192.200.5.41

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Posted on Tuesday, October 02, 2012 - 08:15 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Python:

Never test the depth of the river with both your feet:




Good one,,
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Xxx
Side Hero
Username: Xxx

Post Number: 3182
Registered: 04-2009
Posted From: 198.190.28.152

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Posted on Tuesday, October 02, 2012 - 07:26 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Python:

Honesty is expensive, do not expect it from cheap people:

Not everybody is honest, nor does everybody want to be honest. Honest advisers are difficult to find especially in Health and Wealth, be careful.



denmark lo ilantidhi jarigi unte nuvvu help sesthavu ante nenu namma...ye pak/bangla nunchi vacchanu ani seppesi dobbese vadivi...Hater
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Python
Comedian
Username: Python

Post Number: 1442
Registered: 08-2012
Posted From: 59.92.166.99

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Posted on Tuesday, October 02, 2012 - 07:18 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

What Warren Buffet says about basic investing, spending, savings are so true. Most of us know it, however too many of us do not live it.

If it does make a change in your life, thank HIM (I mean God) because this is common sense. WB said it once, I am just reproducing it.

1. On Earning:

Do not depend on a single income. Invest and create a second/ third source of income:
This means when you are young your first task should be saving and investing. By creating a second source of income you are quickly reducing your dependence on your job. This could help you to set out on your own one day. The quicker you can do it, the better.

2. On Spending:
If you buy things that you do not need, you may soon have to sell things you need:

It kind of summarizes Gen X’s reaction towards ‘luxuries’. As a part of Gen X we were perhaps criticised for some of our expenses, so it could be a generational thing even for WB. However, having goals and knowing where you are going, and not spending just to ‘show off’ are important lessons for all generations.
3. On Savings:

Do not spend what is left after spending, instead spend after you save/invest:
Also called ‘Pay Yourself First’. If you realise that investing in a pension plan or for your kid’s education is just helping you to save more later on. It is not a sacrifice, it is just postponing consumption. So understand, invest and then spend.

4. On taking Risk:
Never test the depth of the river with both your feet:

If you are doing something, do small. If you are a first gen investor, do not be carried away by equity lovers like me and put all your money in equity. Do a SIP with a small amount, and test the waters. Do a SIP of Rs. X (which could be 10% of your take home pay) for 5 years and then step up. And for heavens sake understand risk of inflation, and the concept of real returns

5. On Investing:

Do not put all eggs in one basket:
Immaterial of who you are and how much you understand, create a portfolio. A full range lunch plate is always better than just one item. So create a portfolio with bonds, bond funds, PPF, NSC, equity, mutual funds, and on the risk side medical and term insurance.

6. On Expectation:
Honesty is expensive, do not expect it from cheap people:

Not everybody is honest, nor does everybody want to be honest. Honest advisers are difficult to find especially in Health and Wealth, be careful.

baga dabbu pogeyyandi, anubhavinchandi...
Properly trained, a man can be a dog's best friend

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