Mistakes Made By Beginners In Stock Market

Act first, question later

Most DIY investors, it seems, are in a tearing hurry. They make their investments first, and then ask for validations in various mutual fund forums. Most often the question is very simple: I have invested in xyz scheme. Please tell me whether it is a good scheme? Two things are wrong in this approach. One, the question hardly provides any personal details. Without those details, it is almost impossible for anyone to offer a comment about the scheme or its suitability. Two, the question should always be - is the scheme good for me, not whether it is a good scheme. This can be totally avoided if the questions are asked first

Highly-rated schemes don’t make a great portfolio

Most direct investors typically choose highly ranked or rated schemes. Often they choose a scheme from every available mutual fund category. This approach is flawed. You should make a portfolio based on your investment objective. Also, adding too many categories and schemes often dilutes the overall returns from the portfolio, especially when you are investing a modest sum

Taking unwanted risk

Many DIY investors knowingly pick up high risk investments like small cap schemes or sector schemes. They reason that they had to take extra risk for extra returns. However, when the schemes start losing value sharply, they tend to panic. Direct investors should remember that continuing with investments is extremely crucial to create wealth. When one picks wrong investment, it often ends abruptly. Most people stop or abandon their investments in a bad patch in the market.

Always confused

Many direct investors are not even aware why their schemes are down. Many of them do not even know that looking at mutual fund returns in isolation can be misleading. Unless you compare its performance with its benchmark and peers you can’t make any judgement about the scheme. Also, it is foolish to hope that your scheme would remain unscathed when the entire market is witnessing a blood bath.

No concrete plans

The risk profile is vague. It could be conservative to aggressive. The investment horizon is equally hazy - it could be eight to 10 years, but I may need the money soon. It may sound bizarre, but we come across many direct investors with such loose parameters for their investments. Unless one adopts goal-based investment, many new direct investors would find difficult to carry on their Investments

Unnerved by the market

A volatile market or an adverse news item can unnerve many direct investors. In the current market scenario, many of them are looking for soothing words about the potential of the equity schemes to deliver over a long period. Similarly, many DIY investors had second thoughts about debt schemes when there were a host of downgrades and defaults in the money market. Always keep in mind you would face such situations when you are investing in market-related investments. There is no way you can avoid it

THE SUBMARINE THAT KEEP INDIA SAFE !

India's lethal submarines

The Scorpene submarines, designed by the French Naval Group (Formerly DCNS), are being built by Mazagon Dock Limited (MDL) in Mumbai as part of Project-75 of the Indian Navy. According to MDL, the technology being used for construction of the Scorpene class submarines has ensured superior stealth features such as advanced acoustic silencing techniques, low radiated noise levels and hydrodynamically optimized shape. “These stealth features give it an invulnerability, unmatched by most submarines,” said MDL. The submarines also have the ability to launch a crippling attack on the enemy using precision guided weapons.“The attack can be launched with both torpedoes and tube launched anti-ship missiles, whilst underwater or on the surface,” MDL had said.

INS Kalvari

It is India's first Scorpene-class submarine and was commissioned into the Indian Navy in December 2017 by Prime Minister Narendra Modi. On the occasion, PM Modi had said Kalvari was an excellent example of 'Make in India' and will boost the Navy's might. Kalvari is named after the dreaded Tiger Shark, a deadly deep sea predator of the Indian Ocean. The first Kalvari, commissioned on December 8, 1967, was also the first submarine of the Indian Navy. It was decommissioned on May 31, 1996, after nearly three decades of service.

INS Khanderi 

INS Khanderi is India's second Scorpene-class attack submarine. It is a diesel-electric attack submarine which is designed by French naval defense and energy company Naval Group (Formerly DCNS) and was manufactured at Mazagon Dock in Mumbai. The submarine can attack with torpedoes as well as tube-launched anti-ship missiles whilst underwater or on the surface. Defence Minister Rajnath Singh commissioned in it Septmber 2019.

INS Karanj

The Scorpene-class submarine Karanj was launched at Mazagon Dock Shipbuilders Limited (MDL) in Mumbai in January 2018. Karanj is the third of the six Scorpene-class submarines built by MDL under the Project 75 programme

INS Vela

The INS Vela is the fourth of the six submarines of Scorpene class that has completed its out fittings at Mazagon Dock Limited (MDL) Mumbai. MUMBAI: The Indian Navy in May 2019 had launched the submarine with an aim to boost Indian capability to defend and secure the strategic sea lanes. The first INS Vela was first commissioned on August 31, 1973 in the Indian Naval Service and continued to serve for 37 years. It was the country's oldest submarine when it was decommissioned on June 25, 2010, MDL had said in a statement.

HOW YOUR LIFESTYLE INFLATION EATING YOUR FINANCIAL FREEDOM

Money-Mantra

Lifestyle inflation refers to an increase in one's expenses with the rise in their income. It tends to continue each time when one gets a hike but perpetually is unable to meet the financial goals in life. Millennials, who form a 47 per cent share in the working-age population, are most vulnerable to this kind of inflation as they believe in instant gratification. Here's how you can combat this silent wealth diminisher .

Set a budget for yourself & stick to it

Having a predefined budget is a good way to combat lifestyle inflation. Differentiate between needs and unwanted desires. Hike in income calls for a celebration but it shouldn't be at the cost of modifying your lifestyle, putting major goals at risk. While a hike in income calls for a celebration, it shouldn't be at the cost of modifying your lifestyle, putting major goals at risk.

Automate investments!

One of the easy ways to save money, compound it and battle lifestyle inflation is to automate it. Many financial instruments, such as mutual funds give you the option to automate your investments, resulting in forced savings. For instance, a monthly SIP of Rs 5,000 in an equity mutual fund offering 12 per cent annualised returns for a period of 10 years can help you amass a corpus of over Rs 11 lakh. However, if you step-up the SIP amount by 10 per cent annually, the end corpus will be above Rs 16 lakh

Avoid lifestyle-related borrowings

Availing loans to meet various lifestyle-related needs is easy these days, thanks to fintech. Justifying such borrowings with increased income is not uncommon. Lifestyle-related borrowings often come with a high rate of interest, resulting in high EMIs that can significantly strain your finances. In the event of missing a single EMI, your credit score can take a major hit.

KYS- Know your self !

Peer pressure has a lot to do with lifestyle inflation. Make sure don't fall in the trap of imitating your peers rather be aware of your needs and make sure you spend only to fulfil them and just remember knowing your expenses will help you in growing your money.

Invest your funds wisely!

Combating lifestyle inflation to gain financial security is all about curbing the need for instant gratification and understanding how the increased funds can be better channelised for growth for the long haul. At the same time, it is vital to be in absolute command of your needs and not give in to the pressure of mimicking your peers and bring a major change in your standard of living. Through fiscal discipline and prudent choices, you can overcome lifestyle inflation and build a sizeable corpus for crucial goals.

How Your EQ Holding You Back In Your Professional Life

Apply EQ to eliminate shortcomings

You believe professional outcomes depend on your cognitive skills and the results you deliver. Then where does emotional intelligence or EQ (emotional quotient) fit in? Since you are dealing with your internal emotional state as well as that of other human beings, an inability to understand and manage emotions slows you down or prevents you from achieving the desired. Thus, your success is driven not just by intelligence and skills but also by the emotional tools at your disposal. Your emotional intelligence lies in self-awareness/perception, self-regulation/control, motivation, empathy and social skills. However, the following negative behaviours could be holding you back at work.

Finding meaning

Human brains are meaning-making machines. Take this to the workplace and you can assign a lot of meaning to the money you earn and link it to your confidence, social status and personal judgments of good and bad. It is easy to get biased where you take everything personally and thus take the wrong decisions. Recognise that everyone is too focused on their own world to think about you or plot how to make you fail.

Looking good

Do you have a persistent need to appear smart, intelligent, powerful or important at work? Recognise that your human bias to look good and feel needed makes you constantly try to display your importance. Unfortunately, this reduces your impact. Recognise that people respond better to supportive behaviour than authoritative and they connect better through authenticity and vulnerability than through the mask of importance.

Do You Know Who Are You ?

Who are you? If your answer is VP Sales or Manager, Finance – you are wrong and are also sabotaging your future. This means you are used to equating your personal identity with your professional role. When you create your identity through your job, your primary underlying emotion is fear which blinds you to good opportunities. Firstly, redefine who you are—where your skills (and not your job) are merely a part of your self-image. Secondly, recognise that a loss can never be an absolute judgment of you as a person and you can reframe it as an opportunity to change behaviour and discover your best future

Emotional compensation

Demanding respect on account of your position, expertise or experience squelches communication and self-expression of others and thus ultimately backfires. If you want the support of others, begin with respecting their ideas and contributions even when they disagree with you. Now you are likely to get reciprocal respect from them

Righteousness

Do you want to grow in your career or do you want to be right? The two are mutually exclusive. The need to be proven right in arguments and discussions shuts you out to learning and course correction while you come across as arrogant. The opposite is your need to grow that makes you open to suggestions, different ideas and criticism some of which will add to your learning while leading to better results. So, remind yourself each time that you are better off being wrong and learning something new for the future instead of being perceived to be right temporarily

Inconsistent outcomes

Reliability is the strongest indicator of success in your career. Consistently delivering what you said or what is expected of you gets you the promotions you deserve. For colleagues to trust you, they need to see your ability to handle stress and control emotional responses. To improve your expression and thus persuade people better, increase your empathy by imagining yourself in their shoes and feeling the emotions they may be going through. Changing your bias for emotion-less communication will come only from constant practice.

TRADITIONAL SAREES FOR THE FESTIVAL OF DIWALI

Diwali is one of the biggest festivals that is celebrated all over the country. The importance of the occasion is that it a winning over of light over darkness. Every year on the occasion of Diwali the sound of firecrackers reflects the happiness and joy evident in the hearts of Indians. This is the function that Indian people celebrate in heavy shopping of dresses. Diwali is one of the great business times for the attire industry. There is a numerous colors of sarees and the vibrant window displays in different showrooms will surely attract shoppers attention.

Diwali is the time when shoppers tend to explore the collection of traditional dress like sarees. A saree is a part of each woman's dressing room today. This cultural piece of six yard material is a class being liked by women around the world. With Diwali nearby it's once again now during this occasion when a girl wishes to seem conventional as well as trendy.The most preferred colors of Diwali sarees are Beige, Black, Blue, Brown, Cream, Gold, Green, Mustard, Orange, Peach, Pink, Red, Rust, Silver, Magenta,Turquoise, Wine, and Yellow etc.

One of the most striking feature involving this outfit is their luxurious usage of decorations. As the goddess of prosperity is worshiped throughout Diwali, it is marked a special event of prosperity which in turn reflects quite obviously on Diwali outfits also. Designer saree is fashionably created sarees by the designers which usually carry a fusion of different designs in a very unique manner. Such sarees are often expensive yet you can find them at a lowest price at www.womansplaza.com .

The most characteristic feature of a Diwali Saree is its extraordinary use of embellishments.The opulence of embellishments and workmanship that's flaunted on a typical gorgeous Diwali Saree can actually leave one amazed. Rather than infused with luster or sheen, Diwali sarees are known more for their dazzling and sparkling glow. The Diwali sarees that are most preferred often reveal an extravagantly zari or resham embroidered done by the famous designers, enhanced with a generous amount of sparkling sequins, dazzling mirror sequins or glittering colorful beads.

The latest designs of Diwali Sarees available in every market today are fabulous collections that often include Designer ganga jamuna style saree, Designer banarasi silk saree, Designer Silk Saree, Designer chiffon Saree, etc. Amidst the luminous fireworks and glowing diyas, such dazzling Diwali Sarees only add to the magnificence of Diwali.

ALL YOU NEED TO KNOW ABOUT CONTROLLING YOUR BODY WEIGHT

Most of us wanted to loose or gain weight. And the inter net is full with articles regarding this topic but the real problem is that :-
Most of the methods suggested by those articles aren't working or the rest is not doable.

So, let's just understand the science behind the body weight and I leave the methods on to you. You can apply whatever you like the most.

HOW OUR BODY GAIN OR LOOSE WEIGHT

The logic behind the weight gain or loose is directly connected with the quantity of food you eat. Let Us assume the body as a machine so, as like all the other machines it needs fuel to run and and in this case the fuel is calories and calories comes from the food. but there is a cache in this process. the cache is burning the calories and that only made all the difference. Your daily routine decide your calorie burn rate and if you take more calories then you burn in the whole day then your body will store that remaining calories in the form of fat, assuming that if someday you wont eat enough food then the body automatically convert that stored fat into calories and help you survive , As we all know that in our current life style a day without food is next to impossible. but your  body doesn't know this so, it keep on storing the fat for future use and you gain weight unwanted fat.

And loosing the body weight was just the opposite mechanism if you intake less then your daily calorie burn rate then the body will use the stored fat from your body help you out with the energy level you need to complete your daily activities.

 HOW TO COUNT YOUR DAILY CALORIES ?

Now that you know that how to control your weight by manipulating the calories intake and calories burn through out the day , then the next big question is hoe to count the calories.

And it was not only calculating the calorie burn rate but also the calories of different food you consume. The ans is GOOGLE, just type the calorie calculator and google will give you a hell lot of online tool to calculate your daily calorie requirement, and for the calorie count in the food items you have to search again with the food names which is easily available to you. As we are discussing health please remember only healthy or clean food.

WHAT IS MAINTENANCE CALORIES ?

Everything you eat and drink has a calorie count, end every calorie goes toward your body’s energy expenditure. Every day, your body requires a certain amount of energy to perform basic functions, such as muscle movement, cell growth, and energy conversion. The energy your body needs to do all of these things is known as maintenance calories, or total daily energy expenditure (TDEE).

• TO GAIN WEIGHT YOU HAVE TO BE IN CALORIE SURPULSE :-

To gain muscle or fat, a person needs to be eating more than what they require -- this is called being in an calorie surplus," Spendlove said. "To gain lean muscle mass, you need to be focusing on eating 4–6 well-portioned meals and snacks across the day which predominantly consist of good quality food and nutrition.

• TO LOOSE BODY WEIGHT YOU HAVE TO BE IN CALORIE DEFICIT :-

The calorie deficit happens when you eat less during the day. If your body doesn't get the calories it needs to perform all of its necessary functions, you create a calorie deficit. 

When you create a calorie deficit, your body gets energy or fuel from stored fat. This is the extra fat that you carry on your hips or thighs, in your belly, and throughout your body. Stored fat is stored energy. Your body can use it to keep moving instead of using energy from food. When your body burns fat for energy, you lose weight.

Do you think your money is safe in your bank locker ?

The PMC Bank crisis saw a substantial portion of depositors’ money getting blocked with the bank. Many fear the worse is yet to come if the bank goes in for liquidation. So, how safe is your deposit in such a situation

What is deposit insurance?

Like any other insurance policy, it is a protection cover against losses accruing to bank deposits if a bank fails financially and has no money to pay its depositors and has to go in for liquidation.

How is it administered?

In India, the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the RBI was set up under an Act of the Parliament for the purpose of insurance of deposits and guaranteeing of credit facilities. All types of deposits like savings deposits, term deposits and RDs are covered by DICGC. However, government and inter-bank deposits are not covered. Also, deposits of the state land development banks with the state co-operative bank are not covered.


Are all categories of banks eligible for such an insurance?

DICGC covers depositors of all commercial banks and foreign banks operating in India, state, central and urban co-operative banks, local area banks and regional rural banks provided the bank with which the deposit is made has bought the cover from DICGC.

What is the current limit?

The limit is capped at Rs 1 lakh for both principal and interest held in a bank even if it has several deposits in different branches of the same bank. The limit has been revised periodically. From Rs 5,000 per depositor in 1968, it was revised to Rs 1 lakh in 1993. This limit has been in force for 26 years which is the longest period that a limit has not been revised.

Is the cap of Rs 1 lakh per depositor adequate?

The current upper limit of Rs 1 lakh per depositor needs to be revisited, experts say. Over the years, the composition of the bank deposits has undergone massive changes in India. The DICGC coverage should be revised and bifurcated into 2 categories, said a State Bank of India report. There should be coverage of at least Rs 1 lakh for savings bank or SB deposits (around 90 per cent of the total SB accounts) and 2) coverage of at least Rs 2 lakh for term deposits (around 70 per cent of the total TD accounts).