SEBI is set to allow E-Commerce firms to sell mutual funds.

A SEBI panel on digitization of financial services headed by Nandan Nilakeni, has submitted its recommendations.

Flipkart & Amazon might sell mutual funds. SEBI wants the plan to work right, from the beginning J

As stated, ‘The idea is to ATTRACT as many potential mutual fund investors as possible from day one, ‘WITHOUT CREATING TOO MUCH RISK’, for customers (customers, Not Investors).

The ‘Selling Process’ (the word SELLING) will be designed to earn investors on Suitability.

After submission of personal details (age, pan #, bank, Aadhar #, Income, location details et al on these websites…it will offer products that are suitable & checks, that the buyer is NOT Overexposed to Excessive Risks.

Buyer Beware & not Investor Beware

There is a fundamental difference between the word BUY & INVEST. I hope that the intellectual committee realizes this difference.

It might take off like a rocket, but let the people who shop on these websites ‘Daily’, understand first –

Investing > Savings > Spending

They are now @ Spending J

How much returns can I get?

The question which can never be answered in, ‘Absolute Truth’; since we do not know the ‘True Result’.

Our initial phase of Life –

13 years in school (Nursery, LKG, UKG & until class 10). Now, a year before nursery, as well J

2 years in 11^th & 12^th

3 – 5 years in Under Graduation.

2 – 4 years in Post-Graduation / Professional Development.

In total, 20 -24 years of our initial life journey goes in preparing for a ‘possible’, Career Journey (which will still be mostly hazy, after all the years of effort).

And please mind, after these years of effort; we neither have a, ‘guaranteed Return’, nor a ‘Possible Stream of reasonably expected cash flows) – Earnings.

Money Life Journey – can it be as instant as ‘Feviquik’ (the quick binding adhesive). NO.

Keep the Money Life journey active, as long as your initial life journey.

The result, unlike the first phase of life; will be far more accurate & superior.

Regret – a feeling of sadness or repentance.

The British are frantically Googling, what the EU is, hours after voting to Leave J (search engines data).

Has the ‘Regret’ feeling set in? Yes, it would have – why not?

When the currency is hammered.

When the Equity markets (FTSE 25- represent domestic UK focused companies) is down by 7.2%.

When the Bond Yields are crushed.

When the Property Developer stocks are eroded by over 25% (fears about a fall in home prices).

When one does not understand the immediate consequence of his / her action, the Result of Such an action, is to be borne.

No way out & No place for a regret.

Collective Wisdom or Regret? Time will tell.

But, for now it is – ‘The United Kingdom of Great Regret’.

Money Life decisions are similar.

But the decisions are easy & simple to make.

‘Herd Crowd’ or ‘My Need’

Apparently, in the referendum:

Every 3 in 4 youngsters, voted to ‘Remain’.

Every 3 in 4 Senior Citizens, voted to ‘Leave’.

And the # of Senior Citizens who voted exceeded, the number of youngsters.

The guys who had great yesteryears voted for the guys, who do not know what their future is J

   

The map says it all…Blue to Remain in the EU; the rest is, Leave the EU.

Head to be chopped?

This is one referendum (51.9 % : 48.1 %) which has been made a mockery of sort; ‘A Balanced Referendum

Allocation’ did not work there; but, ‘A Balanced Portfolio Allocation’, works great for an investor.

Balanced Money Life, works wonders J

The results are not out, but, Brexit is happening.

‘Friends in need are not Friends indeed’ – Maybe, the ditched European  Union (EU) feels today; especially Germany & France.

The Market Experts, The Big Betters, The Indian Astrologers – all got it wrong.

Uncharted territory for the EU.

But, one thing is for sure –

The selling in the global markets is unconnected to the Indian markets.

Sentiment > Indian Fundamentals

From an Investor’s point, this is again presenting a nice opportunity.

Should we start buying or continue to keep buying?

Prexit (Portfolio Exit) is though, not an option.

Sterling Pound hits a low not seen since 1985… below 1.35 to a US $...that is in 3 decades of erosion is under 30 minutes. All the Asian markets are down

Perception = Price of Uncertainty

Facts = Price of Certainty

When,

Perceptions > Facts = Expectations get built and the end result is far away from the Reality (a very high probability).

Facts > Perceptions = Expectations are closely tied to the Reality, or beat the Reality (again, a very high probability).

A perceived outcome which is beyond the limits of Certainty, is best ignored.

Money Life decisions are to be based on facts (Certainty of outcomes) & not Perceptions (Uncertainty of Outcomes).

Brexit – plays on Fear of Immigration

Bremain – plays on Fear of Economic impact

Both, are classic Perceptions. No certainty of facts attached to them. It is pure, FEAR play.

By the way…

The betting kings in London & the Astrologers in India are predicting a, ‘Bremain & not a Brexit’ J

We will know the answer by this time, tomorrow.

In Vedic Sanskrit, the word 'Yoga' means - A Union

A union of Physical, Mental & Spiritual self with the cosmic matter.

Our,

Money Life Yoga - A union of one's Money & Life (with family, self & community).

Investment Life Yoga - A union of one's Investment decisions with the specifics of Risks, Rewards (returns), Liquidity & Holding Period.

Combining the both, to arrive at a, 'Self Actualization Investment Money Life Yoga', one needs tonnes of -

Patience, Discipline, Focus, Character & Hope.

And above all, an 'Absolute CLARITY on Money Life vision' -

How do I generate & manage money ?
What do I do with it ?
Who do I give it to ?
Where do I invest it ?
Whom do I trust it with ?

On this Health Wealth Yoga Day; lets aim to reach the Self Actualization Money Life Stage.

Happy Money Life

A popular central banker leaving office, causes immediate near term impact on – Currency, Bonds & Equity – in the order

Now,

Rexit (Rajan’s Exit)

Brexit ((Britain’s Exit)

Are the words derived from, Grexit – Greece exit of Euro

When everyone is innovating, oh sorry, copying from Grexit….we can also do it J

‘Prexit’, meaning – Portfolio Exit

An investor should not ‘Prexit’, over Rexit & Brexit J

If possible, do a ‘Popin’ (poppins, the small candies) – meaning, ‘Pop In’ more investments into one’s portfolio.

Popin on Rexit & Brexit…avoid Prexit J

An 'Equilateral Triangle', has 3 corners, 3 equal sides with all the 3 internal angles congruent to each other and are at 60 degrees, each.

An investor's equilateral triangle has to be similar with the 3 corners being -

Patience

What to Avoid

What to Buy

Any of these 3 attributes change ( & in that order); its no more an equilateral triangle; and the portfolio's equilibrium is generally lost.