Month-end Finance as on 31July2018

Ahh.. the musky deer… the white elephant… the.. the.. nirvana fountain – it is here !

 

After months, and months, and months, and months of waiting; I finally look forward to writing a post about my month-end finances. Why shouldn’t I? Markets are at an all-time high and for the first time – my portfolio too has responded positively to it, yay!

I just couldn’t stop smiling, ear-to-ear. Life feels good, when your plan is working – however pint-sized it may be! All those elusive terms like delayed gratification, the famous marshmallow test, finally start to make sense.

However, time for some new lessons too. The flight cannot last forever, so it would be prudent to think ahead. The markets are high today – it will come down sooner or later (and then go up again). But first some numbers –

 

Nifty50 change Portfolio change
30/06/18 10,714.00 -0.20% ₹ 9,82,94,928 -1.57%
20/07/18 11,356.00 5.99% ₹ 11,03,55,618* 5.30%

*includes loans given, their impact however isn’t considered in % change in portfolio

 

Nifty increase by 6% is matched by a 5.3% increase in portfolio is not bad at all! If I consider it on a 7-month scale (i.e. from January 2018 to July 2018), then Nifty has only increased by a mere 3.08% while portfolio increased by 4.38%! Cool isn’t it?

 

CREDIT GOES TO –

  • spectacular show my RELIANCE. My most favourite scrip in the stock markets. It has given me trading profits (F&O), it has given growth profits (held shares) and till last year, it has given me business profits too ! 🙂 🙂 🙂

  • overall market euphoria which pushes everything up, up, up

 

The asset columns now looks like below –

Portfolio: ₹ 11,03,55,618
Direct Stocks ₹1,65,86,847 49%
Equity MF ₹3,71,53,020
F&O ₹3,51,280
Debt MF ₹3,03,73,470 44%
Bonds&FDs ₹1,76,72,000
HDFC Bank ₹16,08,000 7%
IndusInd ₹1,11,000
Loans Given ₹50,00,000
Metals ₹15,00,000

A neat 11-crore!

Some food for thought, for coming months –

  1. The business income/targets have been reduced considerably. Well, the income reduced first and for my own mental sanctity – I have readjusted the targets too, to fall in line. I know its hard, but thats life. You have to adjust, then readjust to maintain your sanity…
  2. On my broker’s pestering (yeah, same SMC guy. He is clever I tell you!), I got into F&Os. Like any new marriage, this one has yielded a happy time so far. I am being cautious – but I never know with myself
  3. I intend to aggressively dabble into real-estate investments and make them an active part of the portfolio. Part inspiration has come from re-reading RichDadPoorDad-series. Part comes from the fact that real-estate is low for a while now (good time to buy, eh). But the biggest part comes from the fact that I foresee active-business income to continue going down – so it is the right time to aggressively further swell the portfolio.

My ideal investment portfolio target for March-2023 is as below (Robert Kiyoski inspired):

Asset

Theme

Value

Rental Property Passive Income ₹ 3,00,00,000
Other Property Growth ₹ 4,00,00,000
Bank FD & Tax-Free Bonds Passive Income ₹ 2,00,00,000
Debt Funds Passive Income ₹ 3,00,00,000
Equity Mutual Funds (mix cap) Growth ₹ 6,00,00,000
Stocks & Trading Growth ₹ 2,00,00,000

Passive Income (6%) from April, 2023:  4,00,000 every month!

Active Income (business) from April, 2023: ₹ 10,00,000 every month!

Growth NOTIONAL Income (10%) from April, 2023: ₹ 10,00,000 every month!

 

 

BUT AS I ALWAYS SAY, IF ONLY LIFE COULD FOLLOW MY DICTATION…. AMEN!

 

Posts Tagged with…

mohittkws

love to write ...fiction ...reality ...poetry ...anything...with a story.... n yes, read!!

Leave a Reply

%d bloggers like this: