Top 10 Investment Picks For This Diwali – Follow & Mint Money Year After Year.

November 2, 2013

Dear Friend,

Top 10 Investment Picks For This Diwali – Follow & Mint Money 

Year After Year.

I wish you and your family a very Happy Diwali and Prosperous New Year. In 2008, we had given a definition of Diwali and assured you that if you follow that deinition, you will never have to worry for all future Diwali’s. The definition was simple – Do Investment While All (Others) Liquidate. I do not know about your investments during 2013 but FIIs are following Hitesh Parikh. They are investing in INDIA, while others are sitting on the fence.

To make your life easy, we have decided to share 10 investment ideas with you. If you follow them, then my wish for your prosperous year will turn into your prosperous life. Here they are…..

1.   Take Risk:- If you are not ready to take risk, do not expect rewards. Risk and rewards goes hand in hand. So First Thing First – start taking risk.

2.   Mange The Risk:- People losses their last shirt in the market, not because of RISK(Loss)….but because they fail to manage the Risk. Learn to Manage the Risk.

3.   Expect Losses:- Profit and Loss are the two sides of the same coin…….your profit, somebody’s loss and somebody’s profit, your loss. You can not have a good luck all the time. Let the other guy also win sometime.

4.   Add to Winners:- Rakesh was investing in Titan from Rs.40 to Rs.800……just one company today accounts for 40-50% of his investments. You just need to add to the winners.

5.   Get Out Of The Losers:- Do not keep losers…….it leads to frustrations and inaction over a period of time. If you are not investing in 2013…..that may be because you are having lot of loss making shares in your portfolio. Had you sold them when they were down 5-10%, you would still have 95%-90% capital for investments.

6.   Market Do Not Move With Obvious Data:- When GDP is down, Inflation is Up, CAD is moving up, Profitability is going down….naturally market should go down….but market made all time high of 21270 yesterday. So, if you follow media analyst and their obvious reasoning, you will not make money.

7.   Market is Always Young:- Young people always crave for new change, new models, new girlfriends, new boyfriends  and new styles. Market is ever young. It changes its favorite shares in a minutes….you just need to keep up with mood change. If you do not change, you will perish.

8.   Act in Present:- Your past is not equal to your present. So cut out from your past. If you want your future to be Rosy, you need to do something in present. So, use present opportunities to make your future rosy. If you miss present opportunities, you will never have rosy future.

9.   Develop A Clear Purpose for Investments:- This is the most important factor where most of the people fails. If you want your son to be a Graduate with Distinction…..it will not make much difference whether he passes 1 to 14 standards at first class or pass class. He may even fail in a year or two. But you support him till he clears graduation.

Same way, whether your investments make money today, this week, this month, this year, next year or not, will not make much difference in your life. But it must stand by you when you are no longer working, when you are retired, when you can not work, when you need it most. So, Begin with an END in your Mind.

10.Appoint Personal Investment Advisor:-  I, Me and Mine are the 3 biggest motivating words in English. My House, My Car, My Spouse, My Children, My Watch, My Mobile, My Family Doctor, My CA.  When you invest in them you look at the Emotional / Comfort or Luxury aspects and not pure economic aspects.

But having a Personal Investment Advisor makes Pure Economic and Emotional Sense. I have 5 advisors in different areas and it gives me a great comfort knowing that they are there when I need them most.

Great Motivator Late Mr.Zig Ziglar had always said…... “When you appoint an Advisor, you do not incur the Cost, you enjoy the Benefits”. So, appoint one advisor this Diwali.

My Personal Assurance:- 

If you invest in these 10 investment ideas this Diwali, I assure you, you will fulfill all your wealth creation goals in this life only. You will never have to Dream about SWARG and APSARAS. You will enjoy both of them here and now.

Once Again I wish you and Your Family a Great New Year.

Live With Passion, Invest Wish Passion.

Hitesh Parikh.