Posted at 2:55 PM , on January 8, 2016
A successful self trader – Rule # 30
According to a global study, over 90% of people who buy options lose money. It may appear that selling options is a safer proposition. Not exactly! When you buy options, there are components to that decision. What strike to buy; at what premium to buy; how much time value to pay etc. Unless you understand these finer points of buying options, you will be on the losing side. How to join that other 10%?
Posted at 4:27 PM , on March 30, 2015
In an inter-connected market, your credit score matters a lot…
Have you ever wondered why your credit card application or loan application got rejected? Have you also wondered why your loan and credit card sanctions are for lower values that you desire? The answer could be your credit score or CIBIL Score.
Know your credit score…
The moment you take a credit card or a loan your background and repayment data is shared by the lender with CIBIL. The Credit Information Bureau of India Ltd. (CIBIL) is the repository of credit information of Indian borrowers. Your credit score is a function of factors like; the extent of leverage, proportion of high cost debt, your repayment track record, number of cheque / ECS bounces, loan rescheduling etc… Normally a credit score of 700 and above is considered loan-worthy, while a score of 750 and above is considered to be credit worthy. You may be surprised to know that 90% of all lending happens to borrowers with a CIBIL score above 700. Continue reading
Posted at 1:52 PM , on March 4, 2015
by- Sunil K. Goyal, CEO – YourNest Angel Fund (A Religare Global Asset Management Affiliate)
It was in early 2001 that I joined Bharti Airtel to work with Sunil B Mittal (SBM), a first generation entrepreneur. SBM opened my eyes to a completely new business – building ethos – he was open to diluting his stake. In other words, he was willing to share his future wealth with the people who shared his belief – and risks – in the early stages of his business. There were multiple risks in the business of that startup, not least of which were the challenges of the regulator, the whimsical market forces, question of building scale, entry of internationally well established competition, need for differentiation, the challenge of building a world class team in an industry in its infancy, risk of technology obsolescence – the list was endless. Continue reading
Posted at 10:21 AM , on February 13, 2015
Most investors tend to believe that any correction in a stock is an opportunity to buy. That is like trying to catch the proverbial falling knife. Every correction in stock price does not make it attractive. More often than not, sharp corrections are a result of key technical and fundamental shortcomings. Jumping in and buying such stocks will be foolhardy. The key is to spot and avoid falling knives!
FROM THE EDITOR’S DESK
Back in 2010-11, when the stock price of Kingfisher was falling rapidly, many investors were wondering if it was a golden opportunity to buy the stock. It was still a classy airline, part of a profitable group and had clear market share. But things had begun to change. Debt was too high, cash was crunched and the company was hurtling towards operating un-viability. Continue reading