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A View

Happy to say that my journey on the path of mutual funds is going well. I am now slowly accumulating quality mutual funds whenever my finances permit. And I am also reducing my debt successful at my wife's insistence. I will always be thankful to her for that.
It has been 26 years since I became a rationalist. I have seen many bad days in my long secular career but I came over them with the help of my immediate family ( my brother, mom, wife, father and uncle). I will always be grateful to them for what they did to me.
I faced a lot of financial troubles during the present TDP Government due to the late payments. I took many loans and suffered a lot as I had to support three families. So, I am not at all comfortable with the government.
I predict no national party is going to form the government on its own at the centre. Only the party which gets the support from the regional parties ( the YSRCP, the TRS and the DMK etc) can form the government. The exit polls may predict an ND…

Why I am not comfortable with the present Government of AP



My troubles have started when the current government stopped paying me. I have been driven towards more borrowing every month as the government is not ready to pay me the due. Further, I received the salary only once in three or four months. Besides, we never knew when our salary would be credited.

The banks too are now not ready to lend me money as my salary is not regular. And my credit score  has taken a beating due to the hard-headedness of the present Government of AP. Is it not cruel to stop salary for months to the employees who are accustomed to getting around 1 lakh every month? My family has been suffering a lot due to this adamant attitude of the government. Is it not callous?

I must thank my wife for providing me constant support during this critical time. 

Venugopal Bandlamudi
                         M.A., B.Ed.

https://twitter.com/thinkervenu 

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Market strategy until the next General Elections

There is some weakness apparently visible in the markets now. But, don't fear! It's quite common to find the volatility as this is an election year. And nobody knows when Modi announces the elections. 
Let's assume next General Elections are ten months away. How can we formulate our market strategy these ten months? I hope you are following at least ten stocks at a time. Always buy any of these stocks if they dive more than expected. If you are a salaried person, you can buy small amounts of stocks on every dip depending upon the availability of cash. This is the main point of our strategy. Don't sell any stock these ten months. 
You may ask me when to sell a stock. The best time to sell is after the new government takes over the reins. The market will be buoyant then. It will certainly make the northward movement. So, remember the right time to buy is during the election year. And the right time to sell is during the first two years of the new government. 
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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

Beware of Brokers!

Buying a land or house is not an easy task. That's why there is a proverbial saying in Telugu " Illu katti choodu, pelli chesi choodu" ( Building a house is as difficult as arranging a marriage between two people ).  But nowadays the brokers who make matches and property deals have become high-tech.
Let's see how the real-estate brokers cheat us

1. Most of the real-estate brokers supply you with fake documents. You better not believe them at the face-value

2. Brokers always try to charge 2% or 3% commission on a deal. They usually quote the higher price for any property as they want to get more commission. They always work for sellers and for themselves.

3. They don't want you to meet the real owner of the property

4. In order to find out the real owner of the property, we should always get the EC from the concerned registrar office

5. Try to approach the real owner of the property by seeing the photo and address of the owner that are given on the EC

6. Always t…