Vallimanalan Ashokan

Vallimanalan is a banking and financial services professional with over nine years experience. As an AMFI certified mutual fund advisor he has spent years helping customers make considerable profits in mutual funds, insurance and sub-niche shares. He has carried out many projects to create awareness against possible fraudulent practices in banks and insurance companies. Currently, runs a ‘not for profit’ service community which addresses the grievances of customers of different BFSI entities. This community takes up issues on behalf of a customer and provides support till it is resolved, through all possible mechanism under legal channels. Topics of interest: Savings/Current account, Mutual funds, Insurance, Credit cards, fraud prevention, Sub-niche stocks, RBI Ombudsman, SEBI Scores
Systematic Investment Plans Guidelines

Benefits of Systematic Investment Plan (SIP)

“Disciplined investors built their own empire, others just made money”

systematic investment plans

Stock markets are for the rich, who can throw their money at anything and wait for a bigger fortune. This is the biggest myth I have ever heard and also the most common myth among retail investors. In the hindsight, this is the only place where millionaires are made from nowhere. All you need to do is to follow few strategies and stick to a discipline. Among many investment strategies in the stock market, Systematic Investment Plan (SIP) stands out to be the least complicated one. Investing in SIP is like learning to swim. The earlier you invest the greater your returns in the long run. There are two ways to invest in SIP. Either you choose a mutual fund available in the market or you can choose few stocks yourself and keep investing. It is like paying Pre-EMI. When you buy something and pay EMI, you are actually paying an interest to the bank thereby increasing the cost of the product you bought. The bank decides the interest and the EMI. Longer the duration, higher is the interest. You cannot skip an EMI and have to pay it on the specified date.  If you wish to… close in-between, you will have to pay a penalty. The interest rate fluctuates depending on the market condition.

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Contribution of Emotion in Investing

Contribution of Emotion in Investing

EMOTIONS ARE YOUR WORST ENEMY IN THE STOCK MARKET

Contribution of Emotion in InvestingEmotion plays an important role in many aspects of life. Most of the decision we take depend on our emotional quotient either directly or indirectly. It is no different in investing. Though it is impossible to keep emotion out of the equation, it is imperative to keep it under control. In fact, the success rate of our buying/selling decision in stock market depends unswervingly on this factor. There are two extremes between which decision making swings like a pendulum. Most of us react to these extremes. We are either too excited to calculate the risk involved in buying a particular stock or too depressed to identify intrinsic value of a stock when it is down. It is always important to take a balanced and an informed decision. Striking the balance is an art. It needs to be practiced over time. There are scores of channels, magazines and hundreds of analysts who often occupy our mind and ride us through different sectors and stocks. It is this ride which takes us to the extremes.

Seldom do we think about who gives them ideas?

How much do they make out of their own recommendations?

What are their intentions?

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