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Why I remain loyal to my portfolio?

There are many reasons why I stay focused on my portfolio. The most important reason is the Indian macro realty is intact and its long-term story is secure. Further, I don't believe the reign of any single party deciding the fate of this nation. The market and the businesses here are never dependent on political parties for their survival. In addition to it, the external forces too are not permanent but are cyclical. It is clear from the human history that the world and the markets have seen many Trumps and Modis. It's frivolous to think that any single phenomenon or any single person having the capability to kill the market and the businesses.

I am very sorry to say that the market is a den of big gamblers. These people come to market from many places like cricket betting. They generally go for very very short-term trading. They flood the market with their bets when no other betting options are available. They often disappear in milliseconds when they can't understand th…

Why I hate Public Sector Banks




There are many reasons why I hate public sector banks of India. The most important reason is the poor quality of the service they provide to their customers. The service is the worst I have ever seen on this earth.

I will provide you with a few instances from my life in order to substantiate my arguments. One of my best friends wanted to open a saving account with a public sector bank and went to the local branch of SBI. There he expressed his intention to the accountant. The accountant wanted him to show his Aadhaar and Address proof. So, my friend returned home and took his Aadhar and Address proof. He took them to the bank and showed them to the accountant. Then, the official verified it and gave him an application to be filled in. My buddy went home and filled in the application. And he went back to the bank and submitted the application along with Id and address proofs. The manager told him to revisit the bank after ten days in order to take the passbook. He told my friend it will take at least ten days to get the new account activated.

My buddy revisited the bank after ten days in order to pick the passbook. But the manager surprisingly asked my friend when he had submitted the application. My friend replied that it was ten days back. The bank manager searched the desk a few minutes and told my buddy to revisit the bank after five days as the account had not been activated due to the server problem.

My dear buddies! Can you guess what happened to his application?

I am now working as PGT at a Govt Model School in a small town. The present state Govt is not able to provide us salary every month as the schools were established by the previous Congress Govt. So, the TDP govt is providing us salaries once in three or four months. It's like another revenge story. The Govt pays us through checks. It's like getting rains after two month's hot summer. Our principal usually writes check and submits to the SBI. But, the bank takes at least five days to deposit our salaries. Don't you think it's abnormal on the part of the bank? In these five days, we have to visit the bank four or five times to remind the bank officials of our salaries. The bank people ask the same question every time we visit, ' We can't find your check, when did you submit it?' It's a type of witch-hunting. See, how appalling their behaviour is! If they treat another Govt employees like this, how will be their behavior with ordinary people?

On the other hand, I opened a savings account with the HDFC within twenty-four hours. They issued me a welcome-kit and it got activated within twenty-four hours. See the difference! After opening a saving account, I have got a little necessity to visit the HDFC as every transaction is easily done online. The HDFC loan people too visited my home to take documents and signatures and sanctioned me the loan in five days. See, how wonderful the private banks in India are! I really appreciate the private banks.

Do you think the public sector banks of India are providing any service to the customers? Why are they making huge losses? Why are they having huge NPAs? Why are so many scams?



Venugopal Bandlamudi
                         M.A., B.Ed. 
www.thinkervenu.com

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My portfolio

1. IRB Infra


2. Sanwaria


3. TATA Motors


4. TATA Global


5. Ashok Leyland


6. Gammon infra


7. 3i Infotech


8. Karuturi Global


9. Visagar Polytex


10.Welspun india



Venugopal Bandlamudi
                         M.A., B.Ed.
www.thinkervenu.com

VENUGOPAL BANDLAMUDI., An Active Stock Market Investor & Certified Equity Research Analyst

Knowledge is Power 









Corruption has become the order of the day in all government offices in India. This is not good for this country. All the policy makers and people at large must take concrete action to root the corruption out of this country. Otherwise, there will be no future for this "Great" Nation.

"New-Zealand, Denmark, Norway, Finland and Switzerland are the cleanest countries in the world"
                 - Transparency International

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The stock market tips I have learned until now
1) Always buy quality stocks belonging to good companies

2) Buy only a few companies ( less than 10 )

3) Watch them daily

4) Don’t sell the stocks very often

5) Keep them with irrespective of market condition

6) Invest in them long term

7) Buying mutual funds is good, select equity growth option

8) Always maintain a record of closing prices of your stocks

9) Don’t watch too much of TV channels while market is open

10) Don’t be driven by rumors

11) Alwa…

Successfully crossed 100,000 mark

I have successfully accumulated more than 100,000 shares of ten different companies until now. I will add more shares to my kitty in the future if I have any money available with me. Further, I don't want to have more than ten companies at a time in my portfolio. I believe persistence and patience are keys to success in investing