Rule of 15x15x15 in an Investment
Let us understand what the Rule of 15x15x15 is in an Investment arena?
What does it mean by The Rule of 15x15x15?
MFDs are Eklavyas of the current Era.
In 2017 I had started a project, "Abhimanyu". On 3rd May 2019, during one of my BLTP Distributor Meet in Nashik, I had floated a pseudonym to MFD as Abhimanyu, who knows how to enter the market but never know how to come out of the market, which became very popular and used in so many webinars, by various mentors thereafter.
Nowadays, somewhat improvement is seen, and some of the MFDs have taken it seriously and started managing portfolios actively.
Now, the project Abhjimanyu is on the right track.
So, I have started working on a new mission to educate MFDs, which will be most relevant in the coming days for MFD's survival. They should realise it before it becomes too late. I have given a unique name to my new mission, "Project Ekalavya."
Now, I am saying, "MFDs are Eklavyas of the Current Era."
How to read Information?
In the last blog, we have seen that how people use to read the information. In this blog, we will elaborate on the Approaches adopted by various people during the analysis of the information. I have seen, three types of analysis were done using three different approaches.
What your mind does not know, your eye cant see.
For example, see the Data Points given below and see how the people read them.… Read the rest
How to Read Information properly
Nowadays there is too much information is available and it becomes very difficult for a layman to analyse and interpret it.
Another problem is that everybody is taking the different meaning of the same set of data, which is suitable to him and publishing it in such a way that it could benefit them.
The difference between the Novice and the Expert is their ability to quickly determine what’s relevant and what’s irrelevant… Read the rest
SIP – The Journey from Laziness to Active Management part – 1
If you want to finish the creativity of anyone, you don’t need to do anything special like Dronacharya does with Eklavya in Mahabharat, asked him to cut his thumb for GuruDakshina, just teach him how to earn money without pursuing any task.
The above line is totally suitable for the MF industry, including AMCs. Since they have learnt how to do SIP, they forget creativity (How to Manage Portfolio Actively).… Read the rest
Perfect Retirement Solution – 1
Mis-Conception on Earning Retirement Salary:
What Retired person should have in their Retirement kitty? People are divided on weather they should be Cash Reach or Asset Reach at their Retirements?
Someone is thinking that Retired person should be Cash Reach while others are thinking Retired person should be Asset Reach.
I think Retired person should be having own house for enjoying their retirement with dignity and they should also be having sufficient Corpus in terms of cash as well as liquid assets for getting their “INCREMENTAL MONTHLY INCOME“.… Read the rest
Is Direct Plans are realy Commission Free?
Today I was just going through my twitter account and read one post said 25 Lakh ki Upar Ki Kamaai by investing in Direct Plan with no commission and one question arise in my mind if there is no Commission in direct plan then why ETMONEY and PAYTM are interested in providing services to investors by spending Crs of Rs. in developing apps and advertising.… Read the rest
Recent Comments