22nd december 2006
Income streams:
- Monthly Income from business, salary and others.
- Income from interests and dividends.
- Having and increasing income streams.
Investing method
- Search Strategy
- Valuation Strategy
- Discipline
Portfolio:
- Having 20% in Cash to meet the day today expenses.
22nd december 2006: Currently portfolio A has 5.45% cash, portfolio B has 2.16% cash and both put togather has only 3.69% cash.
- Having the balance in equities, mutual funds and real estate.
22nd december 2006: Portfolio A has 0.32% in mutual funds and Portfolio B has 6.4% in Mutual funds and both put togather has 2.7% in mutual funds.
- Depending on the risk appetite the ratio of equities and the mutual fund can be changed. I would prefer to have total exposure to equities.
wednesday, 27th december 2006: My investment habit started on 13/1/98 though I have been investing before that. Actually I had federal bank shares that my father gave me. He had bought it the primary market. It gave me a decent return. My intial investment works around to roughly a lakh. Currently it has given a return of 525% return for 8 years combined. That works out to a compounding growth of 23%.
Thursday 28th december 2006:
Long time since I did my last purchase. I invested in 250 shares of GTL Infrastructure Limited which is a spin of from GTL Limited. Actually the business proposition is good. But the purchase is not in a value investment point of view. The GTL Ltd actually has fundamentals and the promoters hold more than 40%. The business made a operating profit of 6 crores but the depreciation cost dragged the bottomline to red. It constructs and maintains towers for telecomunication companies. After the intial capital outflow, the company will have sustainable cash inflows. This kind of venture has been profitable in the US.
I have been looking into the shares of Gujarat NRE Coke. The fundas are good and the comapanies share is priced at 27. Investing in it would be a value buy since the book value is around 40.
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