Very interesting read, I too am 47 years old and though I am working, its like quiet quitting. I have stopped asking for any rise, more career growth as I am WFH rightnow and in no mood to rejoin office​:joy:.
I have made some serious money in markets, first as lucky idiot in F&O during 2007. Used 70% for home emergency, rest all wiped out in 2008 crash. Entered again in 2013 when Some capital start coming in from expenses. Capital multiplied by 120X by 2017 from 2013. Kept putting bonuses, savings in stocks. Made 5X gains in 2 Infra stocks, Believed in large bets and traded heavily, including F&O. Took out 40% capital by Feb 18 as i could sense short term rate rise. Lost 80% or remaining by March 2020, major drags on PF, Force motors, PC Jewel, Yes Bank, Reliance power, Infra, Capital. Lost 10 lakhs in yes bank only.
With remaining capital of X, my current portfolio is 16X rightnow. Major blockbusters, Tata Motors, 8X, Rushil Decor, 7x, SHIL, 6 X, KPR Mills 4.5X Apollo tyre, PCBL 3X, Varroc 4x, Shoppers stop, 2.5X, ABFRL, 2 X 20% holding of core portfolio. My current investment thesis is to focus only on safety of margin. Avoided crash of IT stocks as i was never convinced of valuations, avoided Banks as Yes Bank was a major eye opener. Organized retail is 60% of my PF including ABFRL, INOX, Shoppers stop, Arvind Fashion, and others are small caps top researched myself.
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