Skip to main content

Maneesh's Adventure With Shares

I heard first about shares from my father who invested in paper stocks of Barmer Lawrie Limited which was converted to Kochin Refineries Limited and then to Bharat Petroleum Corporation Limited.All i had an idea was that by buying shares they send you some letter which is written annual report.In the annual report, a form for proxy voting was there.If we go to Kochi, we get free lunch in buffet style.This was the idea i had in mind when i was a kid.

Later my maths teacher, Mr M.G Daniel who has got a beautiful signature and ability to create instant comedy taught me about shares and debentures when he was taking me tution in the eight standard.I learned it well and read again and got interested.I was interested in Maths and the chapters that taught simple interest and compound interest.But i didn't pursue any.

A person named Tomas (aged minimum 20 years more than me), ran an automobile spares shop in the 'ugly' (i hate this place , mainly the people) village where i live. He subscribed to magazines such as india today and business today.I used to borrow magazines from him to read.I was a kid then and read them well.I didn't get a thing.What is this sensex and nifty all about?

I was observing the word sensex closely.Liks all kids ,i too read the word in a different way Sen - Sex .That is the way god made us - a bag full of imperfections and the weight of the bag is growing day by day with fat deposition ultimately leading to blocks in the arteries and heart attacks.

I am wondering now how i wasted time by moving around the pages of the business today with out understanding a word.

Then time passed and i knew nothing about business and has no interest in it.A program in Surya TV (our funny malayalam channel) inspired me during my plus two days.An entrepreneur named Lalaji inspires the audience every week about doing business rather than settle for a job.He asked people to come up and form teams and take up software projects.He shared the name of one website name Elance.com which i heard as elands.com .It took me years to find that what he meants was elance.

I got a friend in my engineering from Kottayam who told me that he and his father were interested in share trading and they indeed were making money.Still i didn't bothered to knew more and shied away from business and finance news.Everything finance related seemed boring to me.

Then in second half on 2006,i read some inspirational books like "Rich Dad, Poor Dad", Guide to Investing and another book by Donald trump and Robert Kiyosaki which made me think differently.Soon i tried to watch NDTV Profit available on my cable tv and it feeled good.

Now i subscribe Business Line and watches business tv channels like CNBC TV18, NDTV Profit, UTV1 Business News etc. But still knows nothing much about investing in stocks.

I started my investing in 2006 and had some instances of losses and success.I bought a bad company called Aztecsoft and lost some money on it.Made some money on idea cellular.

In May 2009 , i booked profit on a scrip BPCL (Bharat Petroleum) and made around 50 percent returns from it holding it around ten months.I made similiar profits earlier investing in the scrip idea cellular.

Now my portfolio is a mixed basket.I shall share you so that if you have more wisdom you may advise me.
MANEESH'S PORTFOLIO
Biocon Bought @ 200
Infosys Bought @ 1533
Federal Bank @ 135
DLF @ 428
Tata Motors @ 400
I have long term view for all those counters.

Comments

Popular posts from this blog

Dr. Fixit Water Proofing Product Newcoat and Primer Pricelist July 2013

When it was raining heavily in kerala, i was investigating pricelist of Dr. Fixit Waterproofing products. It took me some months to share this with all of you.Let me make myself clear.I do not have a great opinion in my mind about Dr. Fixit products, so i went for Aluminium roofing.This post is for public awareness only and is not a brand endorsement. Dr. Fixit Newcoat 4 litres pack : Rs 1415 Dr. Fixit Newcoat 20 litres pack: Rs 6520 Dr. Fixit Primeseal Primer 1 litre pack: Rs 345 Dr. Fixit Primeseal Primer 10 litre pack: Rs 2995 Dr. Fixit Primeseal Primer 20 litre pack: Rs 5780

ELECTION COMMISSION OF INDIA’S VOTERS ID CARD DUPLICATE APPLICATION PROCESS

I lost my voter id card issued by the election commission of india. I lost it along with the driving license in 2007. I took Duplicate Driving Licence from the same RTO in 2008.Now I have been postponing the efforts to take duplication voters id card due to various reasons. One election came in between and election people were giving duplicates but I didn’t went. Now local body election happens in Kerala. So I got an information that the election department at the Tehsil (Taluk) office is starting to issue duplicate voter id cards from 08.10.2010.So I drove to mavelikkara  yesterterday  in my Astar and it was raining heavily. I reached there and find a long queue of people.Since I have completed the form before hand, I just need to find my card id number and put the data and place in it.A person employed there took my application form and he checked the number of my family member in the kiosk in the same room. The kiosk terminal didn’t showed my number. So he forwarded my application

Generate your online e-aadhaar card easily

Aadhaar Demystified   Aadhaar ,meaning foundation in indian languages, has become a hall of shame  or an object of inconvenience for the common man (aam aadmi). Despite a prominent personality like Mr. Nandan Nilekani at it's helm, India's aadhaar project is an epic fail. UIDAI or unique Identification Authority of India is a ghost body created by the central government.It is yet to get complete legal and constitutional status to discriminate people by providing gas subsidy {LPG subsidy for domestic use} only to aadhaar holders. Why India needed an ID System? India was in the dark about it's own citizen.Infiltration from Bangladesh, Pakistan and Srilanka happens all the time.Politicians provide illegal immigrants (a large chunk are run away criminals and terrorists) with indian election id cards inexhange of votes / money. Some crooks were eating up subsidies designed to reach deserving common man [aam aadmi] by forging fake documents and multiple accounts.