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leo2007
Senior Member
Joined: 22/Jul/2007
Location: India
Online Status: Offline
Posts: 262
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 Posted: 19/Oct/2009 at 10:47am |
Smartcat Jee,
Which fixed income instruments you have invested or planning to invest for a monthly income?
Originally posted by smartcat
- Overall strategy is to get 4 - 5% of the invested amount back, as dividends. Something like buying an apartment and getting rent - but the bigger picture is to benefit from the appreciation of the apartment value. The real plan is - dividends plus fixed securities income should take care of my monthly expenses.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 20/Oct/2009 at 12:09pm |
What's your idea of a sell trigger - asking this after seeing Kotak bank in your folio. It's earnings & ROE have not gone anywhere. And it's not going to be a dividend or bonus play in next few years at least. At current levels, P/E, P/BV etc none of them is particularly flattering. Can't say about P/V (Price/Vision) which may be at a premium |
Kotak, Yes Bank and HDFC Bank are stocks that I bought before my divine enlightenment. These will be among the first to go when I decide to start selling stocks, as the markets climb higher.
I thought only Anil Ambani stocks trade at high Price/Vision (P/V) ratio 
why didnt you buy a banking specific equity fund div option? you seem to have all the banks that r there in town only sbi, icici canara,and bob r missing |
I was looking for banks that give a minimum yield of 2% at purchase price PLUS a minimum steady growth rate of 20% per annum in the recent past - a bit like mix of oil and water. Only stocks that managed to pass the above filter managed to get in.
Banking MFs have lots of stocks that don't meet the above filters.
Which fixed income instruments you have invested or planning to invest for a monthly income? |
Dividend payout option of the following mutual funds -
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 20/Oct/2009 at 12:16pm |
Originally posted by smartcat
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Dividend payout option of the following mutual funds -
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For HNI's, the dividend option makes sense  Also, re. bank stocks, didn't IOB fit the bill?
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 20/Oct/2009 at 12:19pm |
Indian Overseas Bank is there in the list.
The list is so big that repeated usage of CTRL+F becomes mandatory.
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 20/Oct/2009 at 12:23pm |
Dude, you have Indian Bank in the list published late at night...
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 20/Oct/2009 at 12:34pm |
Who said, "Know what you own"?
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 20/Oct/2009 at 12:37pm |
Whoops. IOB is there in my moneycontrol and DP account but missed it while adding to valueresearchonline.
If I missed IOB, I might have missed others too. So I guess its safe to assume I own 100 stocks.
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Hitesh Shah
Senior Member
Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656
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 Posted: 20/Oct/2009 at 12:40pm |
Originally posted by smartcat
Whoops. IOB is there in my moneycontrol and DP account but missed it while adding to valueresearchonline.
If I missed IOB, I might have missed others too. So I guess its safe to assume I own 100 stocks. |
Nice of you not to blame the back-office staff
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