market investments experience

finance and money

Finance and Money Talks: Experiences with Stocks/Mutual Funds etc

@ptrikha_2 (49775)

India

August 7, 2021 2:56pm CST

While conversing with Vanny : @vandana7 on a discussion, our talks steered towards shares, mutual funds, plans, experiences etc. So a thought came to me to start a separate post. Some of us have tried different ways to invest and grow whatever savings or extra earnings that we achieve. Shares and Mutual Funds are two such avenues. I have tried a lot in these two, but I can say that the last few years have seen me getting more methodical with experience. I now take calculated risks, but most decisions are still based on historical trends and reading of expert report. Secondly, incremental investment approach works best. So SIPs even of smaller amounts work well. So what have you people tried/learnt when dealing with Shares/Mutual Funds? Any special experiences?

7 people like this

6 responses

@JudyEv (382408)

• Rockingham, Australia

8 Aug 21

We have a financial advisor and our superannuation has done well over the years. He 'advises' but we sometimes don't agree with his choice of shares or whatever. Mostly we go with what he suggests as that's what we're paying him for!

2 people like this

@ptrikha_2 (49775)

• India

8 Aug 21

@JudyEv Yes not everything can be agreeable but overall I think the things have worked out for you. Is his annual fees high or is it per transaction fees?

1 person likes this

@ptrikha_2 (49775)

• India

8 Aug 21

@JudyEv Then that is fine. Some people tend to charge a lot more.

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@ptrikha_2 (49775)

• India

8 Aug 21

@JudyEv Yes it is very important as well.

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@sjvg1976 (42727)

• Delhi, India

8 Aug 21

No special experience..investing in shares and mutual fund is risky but still one can minimise the risk like you do by going through the past trend.

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@ptrikha_2 (49775)

• India

8 Aug 21

@sjvg1976 Some try to go the big bang way. I prefer incremental and small amount approach. I did not mention above about trying once in Options Trading where I lost some 15-16K Rupees, and found that not everything is suitable for everyone.

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@ptrikha_2 (49775)

• India

8 Aug 21

@sjvg1976 Yes but if we follow certain rules and principles, we can minimize the risks.

@vandana7 (102698)

• India

8 Aug 21

All I can say is I started with as little as 125 if I remember right, in Reliance industries some 40 odd years ago. There are many rights I missed out on because I was financially not well off. But I did not leave the Rs.60 per share for 100 shares offer that Dhirubhai Ambani managed for us in Larsen and Toubro. Today, after infusing some monies in rights, and getting quite a few bonuses, the valuation is near about 1800000 INR. That is excluding the rights that I could not take up and could not sell, and excluding the sale price of rights I sold and dividends of course, but including L&T - I excluded ADAG shares as brokerage and taxes. That is 23.75 percent COMPOUNDED return per annum since 1977, excluding dividends etc., as mentioned. 42 years over. In 50th year it will reward with bonus. So eight more years.

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@ptrikha_2 (49775)

• India

8 Aug 21

@vandana7 Oh I had difficulty in counting the number of zeroes. I kind of kept selling some shares in between but now accumulating on some of the shares and more on the MFs. The problem is that family members rarely support in the terms of savings and I have to scamper here and there for saving bits and bytes and putting more in MFs. So did Ambanis buy a kind of stake in L&T ?

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@ptrikha_2 (49775)

• India

8 Aug 21

@vandana7 Well a lot of complexities ! But somehow just managing and trying to improve in what I do and achieve.

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@ptrikha_2 (49775)

• India

8 Aug 21

@vandana7 Well.. kind of devising different ways but not so simple to do!!

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@LadyDuck (502722)

• Italy

8 Aug 21

My husband and I owned and managed a Financial Business during 31 years, we know a lot about what you mentioned.

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@ptrikha_2 (49775)

• India

8 Aug 21

@LadyDuck That is good to know. I recall some discussions where we discussed a few related things earlier.

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@ptrikha_2 (49775)

• India

9 Aug 21

@LadyDuck So now do any people come for advise?

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@ptrikha_2 (49775)

• India

10 Aug 21

@LadyDuck Oh then that is fine. I was just curious!

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@DianneN (254926)

• United States

9 Aug 21

We have a financial advisor or two who are in charge of all that. My husband oversees everything. I can’t be bothered.

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@ptrikha_2 (49775)

• India

9 Aug 21

@DianneN That is a good thing to know! However, I have no such arrangements and manage on my own.

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@ptrikha_2 (49775)

• India

10 Aug 21

@DianneN I faced challenges. At times even 80 to 90% decline in some share values but well, 200% gains at times also. Plus learnt some things hard way but now I can debate with experts as well to some extent. Wisdom does takes time and effort to come to a person!!

1 person likes this

@ptrikha_2 (49775)

• India

11 Aug 21

@DianneN Yes and having better confidence as well.

@CarolDM (203396)

• Nashville, Tennessee

7 Aug 21

I have no experiences to share with you, sorry.

2 people like this

@ptrikha_2 (49775)

• India

8 Aug 21

@CarolDM Did anyone else in your family tried it anytime?

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@ptrikha_2 (49775)

• India

8 Aug 21

@CarolDM That is still fine. Each one follows a different way.

1 person likes this