Now, Mr. Nilesh Shah is also talking about MANDI in his unique communicative style
Friday, January 5, 18
Now, Mr. Nilesh Shah is also
talking about MANDI in his unique communicative style
Greetings from Hitesh! On 21st September 2017, we wrote our
most read and discussed our post “Subramaniam
Swamy V/s. Nilesh Shah – whom to follow for Investment in Indian Stocks?”
In the same we had suggested that the government should listened to
Mr.Swami and take corrective actions.
Our respected FUND MANAGER takes the most surprising “U” turn. I was
listening to him on 12th December in a MIDCAP conference and he was
giving various logics for TEJI. Through out the 2017, he has maintained TEJI
and advised investments. Now, suddenly yesterday in an interview with ET NOW
yesterday, he says – “If FM Keeps on Fiscal Prudence Path, It Will Reassure Investors:
In an interview with ET Now, Nilesh Shah, MD, Kotak AMC*, said if you are
overleveraged, this is the time to take profit out of the equity market and new
investors should only invest through SIPs now”.
Now, let us read his first conditions – IF FM KEEPS ON FISCAL PATH –
this is most tricky way to talk about MANDI. We all know that FISCAL DEFICIT
has already crossed 112% in first 8 months and with GUJARAT election loss –
they will take populist steps and the FM will not be able to meet his FISCAL
targets.
To join the game with Mr.Nilesh Shah there is another guy from MORGAN
STANLEY. His name is Michael Wilson. He warns investors
not to expect a repeat of 2017.
Are they to be
blamed for changing their views?
No. They have 100% right to change their view based on
changing market conditions. In fact, that is the beauty of market dynamism that
you can be right one minute ago and wrong one minute after. With the change in
market all participants can change the view.
I am blaming them for a different reason. They have
superior resources and forecasting system compared to NORMAL guys and they
should have predicated long back looking at the ground levels of economy.
Rather than talking about the GROUND REALITIES all these
guys were talking about 1 lakh index or long term TEJI and giving all
BULLISH(IT) TALKS. May be that would be necessary to generate FRESH cash flows
for their mutual funds. Have you observed – all guys are unanimously suggesting
you for SIP? SIP keeps their business running.
Let me share the
GROUND REALITIES of ECONOMY in TODAY PUBLISHED FIGURES.
FY18 GDP growth at 6.5%, slowest in four years (Advance Estimates)
Services growth -8.3% vs 7.7% year ago
Industry growth -4.4% vs 5.6% year ago
Nominal GDP growth- 9.5% vs 11.0% year ago
Construction growth- 3.6% vs 1.7% year ago
Manufacturing growth- 4.6% vs 7.9% year ago
Can you see the NEGATIVE GROWTH EVERY WHERE? We had seen this
coming long back and we are prepared for the same.
What is my SUGGESTION to all my
readers?
I don’t care whether you invest in stocks / mutual funds or small
savings schemes or Fixed Deposits. I also don’t care whether you follow MEDIA /
FUND MANAGERS or TIPs while investing.
All I want you to do is to educate yourself properly to become real
investor. Once you become real investor – you will be able to understand the
GAME of investment in totality and hidden agendas of the various participants.
Those who invest without proper educations are the ones who are taken
for a ride by vested interest people. It’s really pain to see normal guys goes
through long years of STUDY, then struggle for JOB, once he starts earning
money, he thinks for investing and since he is unaware about the GAME, he
losses his money only to see his children also goes through the same struggle.
What NEXT?
It’s your money and your life dear. Take your own call.
If you really want to come out of stress of earning money, be with me
for 3 years and master the game of investment.
Have a HAPPY WEEKEND.
Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.
Live With Passion…Invest With Passion.
HITESH PARIKH,
YOUR PERSONAL DESTINY MANAGER.
Comments
Post a Comment