The stock markets have to be just about the only place where I dont always implement what I learn...:-)...a quick summary of learnings:
a. Dont be too greedy - never hesitate to book profits if you have reached your internal target return percentage - and dont care about where the markets are going - there will always be an opportunity for you to get righ back in
b. Dont ever panic - unless you dont have a liquidity crisis, never EVER sell when the markets are going down - use the opportunity to start buying on every low.
c. If you're using internet based trading terminals....its best advisable not to put trigger prices as stop losses in a volatile market. Trigger prices are always good if the market is in a constant unidirectional momentum.
d. Never try to calculate your returns on an APR basis unless you chun your portfolio every month or so. The best way to make money and maximise returns is also to keep churning a large part of your portfolio and keep some part constantly invested.
aahhh sigh...who listens. No wonder the leli index of the small investor is 0.5...:-)....for every 1 Re he makes, he loses Rs2...:-D
Wednesday, August 10, 2005
Tuesday, August 09, 2005
Ah Drat....am still mortified..I assure you, noone needs to use THIS pick up line for me...!!!!
Was also totally hooked yesterday night to this cool site:
http://www.play-analogia.com
It sees your pics and estimates which star you look like....so far I've mostly come out looking like Hugh Grant or George Clooney...not bad, eh....hehe!!!
| To pick up Pranav: Hi. I'm an astronaut and my next mission is to explore Uranus. |
Was also totally hooked yesterday night to this cool site:
http://www.play-analogia.com
It sees your pics and estimates which star you look like....so far I've mostly come out looking like Hugh Grant or George Clooney...not bad, eh....hehe!!!
Monday, August 08, 2005
Duhhh
-Would prepayments significantly affect the credit quality of a pool??
-Would it be different for mortgage backed securitisation and asset backed securitisation?
-If at all, would the effect be better or for the worse?
-Are additional swaps required to make up for prepayments?
-Is the data that claims that 70% of defaults happen in the first year of repayment, true? In that case, does it point to grossly wrong customer selection by the credit risk divisions?
-What are the cases where the notional principal would be less than the actual principal? Does the system experience more stress, then?
Ah phew....:)...a good Sunday!!!
Woke up at ummm 11...surfed the net a bit, fought with a friend..as usual..hehe...with this friend, fighting is one of the more pleasurable and cathartic activities...would readily prescribe to the world in general as a remedy for all ills, but then am quite possessive about buddies...:)...watched general TV...read the newspaper (gosh the Sunday TOI is loaded enough to take up 1-1.5 hrs of my time...and I must say I love some of their features...esp the Times Review section)...got rid of all the olive oil in my hair(hehe..not an italian cuisine accident, but advice from a well-meaning quack friend)...damn, ate 7 sandwiches and promptly fell asleep...only to wake up to innumerable (hmmm ok 7:-) ) friendship day smses a couple of hours later. Watched some more tv, yakked on the phone with 2 friends...fought some more...laughed with a friend about our silly antics 4 years ago...which reminds me...11th August is almost round the corner....remembered of some small things that made you fall instantaneously for a person:)...studied with the tv on in the background...watched some silly sunny deol-preity zinta movie....ehhh...cant get me lecherous eyes off the Zinta babe:)...studied some more...realised that office is now in Bandra for a month...so getting ready to sleep now for an early wake. Have also decided NOT to stash anymore plum/chocolate cake in my fridge. Still cant walk straight from all the exercising the calves got at the gym yesterday.
-Would it be different for mortgage backed securitisation and asset backed securitisation?
-If at all, would the effect be better or for the worse?
-Are additional swaps required to make up for prepayments?
-Is the data that claims that 70% of defaults happen in the first year of repayment, true? In that case, does it point to grossly wrong customer selection by the credit risk divisions?
-What are the cases where the notional principal would be less than the actual principal? Does the system experience more stress, then?
Ah phew....:)...a good Sunday!!!
Woke up at ummm 11...surfed the net a bit, fought with a friend..as usual..hehe...with this friend, fighting is one of the more pleasurable and cathartic activities...would readily prescribe to the world in general as a remedy for all ills, but then am quite possessive about buddies...:)...watched general TV...read the newspaper (gosh the Sunday TOI is loaded enough to take up 1-1.5 hrs of my time...and I must say I love some of their features...esp the Times Review section)...got rid of all the olive oil in my hair(hehe..not an italian cuisine accident, but advice from a well-meaning quack friend)...damn, ate 7 sandwiches and promptly fell asleep...only to wake up to innumerable (hmmm ok 7:-) ) friendship day smses a couple of hours later. Watched some more tv, yakked on the phone with 2 friends...fought some more...laughed with a friend about our silly antics 4 years ago...which reminds me...11th August is almost round the corner....remembered of some small things that made you fall instantaneously for a person:)...studied with the tv on in the background...watched some silly sunny deol-preity zinta movie....ehhh...cant get me lecherous eyes off the Zinta babe:)...studied some more...realised that office is now in Bandra for a month...so getting ready to sleep now for an early wake. Have also decided NOT to stash anymore plum/chocolate cake in my fridge. Still cant walk straight from all the exercising the calves got at the gym yesterday.
The dirty window spoiled what would have been a beautiful picture..:-(
Thursday, August 04, 2005
Leave Mumbai Alone...!
Fali S Nariman...jurist and Rajya Sabha MP says Mumbai should be designated as a Union Territory and kept out of reach of inept, corrupt politicians. The only other person supporting him in the house was Jaya Bacchan.
All parties including BJP, Congress amongst others voiced strong dissent....why wouldnt they...a large part of their blackened livelihoods would be snatched...where would the likes of Govinda, Bal Thackeray go if this city was taken out of the hands of politicians.
Pramod Mahajan had another gem to offer '150 people died in the struggle to get Mumbai as a part of Maharashtra - we cannot ignore the sacrifices of those people'. Please usko koi kaan ke neeche bajao and remind him of the 500 people who died in the floods and of the millions that live in utter deprivation and filth because Mumbai is cornered by politicians who see this place as a cash cow to fill their pockets.
All parties including BJP, Congress amongst others voiced strong dissent....why wouldnt they...a large part of their blackened livelihoods would be snatched...where would the likes of Govinda, Bal Thackeray go if this city was taken out of the hands of politicians.
Pramod Mahajan had another gem to offer '150 people died in the struggle to get Mumbai as a part of Maharashtra - we cannot ignore the sacrifices of those people'. Please usko koi kaan ke neeche bajao and remind him of the 500 people who died in the floods and of the millions that live in utter deprivation and filth because Mumbai is cornered by politicians who see this place as a cash cow to fill their pockets.
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