Mac Charles (india Stock Opinion
Find relationships for MAC CHARLES INDIA LTD (undefined) Board of Directors members. Learn about other board affiliations & connections to other executives. Mac Charles (India) Limited owns, operates and manages hotels. The Company targets business and leisure travelers. Mac Charles also provides related food, entertainment, and other services.
Last year a lot of readers ask about new picks but due to high valuation, I avoided to discuss any new pick. After correction market became attractive but not many are seems to be interested in stock picks now. That is the market psychology of the crowd. Still holding Fomento, ADI Finechem Limited ( Fairchem Speciality Ltd. ) and Blue Chip Tex Industries Ltd.
Blue Chip Tex Industries Ltd last quarter was flat but It has ROE of more than 25 and available on throwaway PE of just 6. Dics: Do your own analysis with your qaulified financial adviser if interested.
Experience is another over-rated thing. I mean, it’s incredibly important, but it’s not a source of competitive advantage. It’s another thing that is just required for admission. At some point the value of experience reaches the point of diminishing returns.
If that wasn’t true, all the great money managers would have their best years in their 60s and 70s and 80s, and we know that’s not true. So some level of experience is necessary to play the game, but at some point, it doesn’t help any more and in any event, it’s not a source of an economic moat for an investor. So what are the keys to developing a competitive advantage in investing, at least according to Mark? You’ll notice that what’s not included is a Twitter follower count threshold, The number of presentations made at the SALT or Delivering Alpha conferences, owning homes in multiple zip codes or secretly knowing Bobby Axelrod’s character is based on you. Instead, Mark notes a great deal has to do with the psychology beyond investing, breaking it down into seven traits that previous great investors have shared. Mark concludes with a point that I’m not entirely sure I agree with, which is that these seven traits are all learned before reaching adulthood or not at all. While I agree that many of our foundation attributes are molded and formed during childhood, the idea that we become mentally and psychologically immutable is inaccurate.
Must an investor or trader have all seven of above mentioned attributes if they are to have a fighting chance of having success in this business? Many would argue no, but I would challenge that I do think there’s a glimmer of truth to each of the seven – but also that being successful in anything can not be boiled down to an equation or list of traits.
It is long back that I have not updated my blog, I was not getting enough time. We follow a lot of big investors reading their annual Letter so why not I should also write some annual letter even though I don't have enough knowledge, still learning but no harm in trying Indian stock market has less than 1% quality stock where you can buy and forget. Another 99% of the stocks we need to understand their aukat (limit) I have always five known and proven quality stock. I give the weightage of 30% to those stock and rest 70% in small and Mid Caps. I have added Bajaj finance to list a few months back.
Other existing are Eicher motors Britannia Industries Ltd Pidilite Industries Ltd 3M India Ltd. HDFC Bank and Kotak Bank ( Both reduced after entering in Bajaj finance ) Rest 70% I will have around 25 stocks. So, I don't have a concentrated portfolio but these 25 stocks proportionate to conviction. Top 5 holding might have 70% of 70%. Value investing can be divided into two parts. 1) Quality Value investing 2) Value trading If a stock is from the first category then we don't need to churn it, just hold it till your earlier assumptions about quality, growth and business changes.
But if a stock from the second category then one needs to know aukat (limit) of that stock. And always be on toes. Continuously watch it and take appropriate action. Since I am not a full-time investor and working in IT firm, even need to work sometimes on the weekend, it is difficult to keep the continuous eye on business or meet management. But, luckily I have two big exposure stocks (Intrasoft and Olympia) in my portfolio where I can sense business performance online. You hate me or like me but I am one of the few who not only discusses buy calls but even sell calls.
Mostly you will hear only buy call from others.No one knows when they sell. Intrasoft buy call discussed around 45-47 range and disclosed sell call on around 500. Because I could sense online. Now it is below 300. On Olympia also disclosed sell call around 300 (on Twitter), it is now below 50. Everyone can understand from the just above screenshot, it is off track.
On another hand, I missed to sell TechnVission and it is now around 50. But it is concept stock instead of a value stock, I do see a lot of positive business news flow but the company is not able to convert into revenue. A lot of research report are predicting huge growth in next 5 years where Solix and Imagia subsidiaries of TechnVission are operating. Huge EU GDPR opportunity and similar opportunities in India and worldwide. Veena Gundavelli, Honored as the Innovator of the Year at 2018 Women in IT Awards USA.
The launch of Artificial Intelligence device Gia which is similar to Amazon's Alexa. The launch of Solix Big Data solution for Data-driven Healthcare.
any many more But the company is not able to scale on their financials front. FOMENTO RESORTS I am still waiting for the expansion to complete. Apart from above-discussed type I also invest in nursery type stocks, it is just on gut feeling and symptoms. Allocation is very low and I don't track them closely. Everyone suggest one should not time the market.
Agree, But I believe one should try to time the market by allocation. One should increase and decrease allocation by sensing a market. Only a few suggested to have some cash in 2017, one name I can remember is Rohit Chauhan (@rohitchauhan). Even, I suggested cautions in 2017 not because I am good at predicting but my fearful and balance approach during high valuation period.
I don't invest in mutual funds but over the last one year, I invested in four type funds. Liquid Fund (debt). Ultra Short term fund (Debt). Gilt funds (Debt). Overseas Fund (Franklin us opportunities fund) Learned about debt funds burnt fingers in Gilt fund. When I invested in gilt fund never thought I can get even the negative return. But, later figure out Ultra Short-term funds are more suitable for my requirement.
Still, need to learn a lot of nonsense of the debt market. Franklin us opportunities fund so far has given me around 18% return in first half of this year.
Reason for investing was two folds 1) Wanted exposure to worlds best companies. 2) Since small-cap valuation was very high and I was not able to find good value stock with a margin of safety. Even the US market was also trading high but I didn't want less than 50% exposure to equity (fearing missing out). So this fund was giving me an opportunity to remain in balance. My thinking was US market is trading at high if US market corrects 20% then the Indian large cap will correct by anywhere between 25-30% but the small cap will correct more than 40%.
If the Indian market is going to correct like this then currency will depreciate by around 10%. So, actually, I will have loss of only 10% on my capital and I can invest that capital in small caps which have lost more than 40%. If the market moves up then I will not miss-out the equity gain. My prediction was half correct, US market and Sensex both touching an all-time high. But, most of the small-cap down beyond 25% and rupee also depreciated around 10%.
Luck was favorable this time for me, nothing to do with any kind of skill. Surely, luck will not favor me again during buying time, I have to be very cautious. Still, small cap stocks are not very cheap but lot of opportunities are emerging. Hope, Soon, I may find some good pick.
Cidade de Goa: Situated in the land of sun, sea and surf, the property comprises of 207 rooms that showcase the unique Goan Portuguese architecture and ambience. The property is preferred by discerning travelers worldwide due to its proximity to the beach and its courteous staff that lay emphasis on providing warm Goan hospitality.
Cidade de Goa provides Goan experience and feel to its guests. It is situated on Vainguinim Beach and has a distinctive advantage with its proximity to the Capital Panaji and most of Goa’s frequently visited locations. Cidade de Goa is also a holiday destination by itself as it has something for everyone. One can find a variety of restaurants namely.
2) One of the negative points that emerged after GST roll out was that MICE activities (Meetings, Incentives, Conferences and Exhibitions) and other events held in hotels outside of home state are not eligible for Input Tax Credit. 3) A hotel accommodation with the declared tariff of less than Rs 7,500 a night will attract GST of 18 per cent. For a room with the higher tariff, the GST rate will be 28 per cent. An online search suggests room rate of around 10000 per night (non-peak season). So, GST will be around 28% unless they reduce tariff below 7500.
They paid the tax of around 35% (around 9 cr on 26 cr PBT), not sure if GST will reduce it or not. However, one of the earlier annual reports mentioned multiple taxes as a negative point.
So, GST will bring relief.
The Best Online Stock Trading Sites We tapped into the expertise of a former day trader and a financial commentator (with 20 years of trading experience) to grade 13 of the best online stock trading sites. To find our top picks, we analyzed pricing structures, dug into research and tools, and took every platform for a spin. Upfront: There is no one best online stock broker. Each has its own strengths and suits different types of investors and different investment strategies.
We’ll help you find the best for your style and experience. Best Platform for Cheap Trading. Best Trading Platform for Beginners. Best Platform Design. Best for Active Traders. Best Research and Tools.
Charles Schwab. E.TRADE. Fidelity.
Interactive Brokers. Lightspeed. Merrill Edge. OptionsHouse.
OptionsXpress. Scottrade.
Robinhood. TD Ameritrade. Ally Invest. TradeStation Low overhead is key Different investors are going to prioritize different things.
A day trader, for example, requires speed and flexibility. A first-time trader may value educational resources and reliable customer support.
But one thing every trader should care about is cost. Not paying attention to investment expenses is like revving your car engine while filling it with gas.
That's why we spent a lot of time balancing price with what each site offered. Affordable pricing structures Commissions are typically an investor’s largest expense.
In 2016, an unassisted transaction fee averaged about $8. Since early 2017, competitive brokers including Fidelity, E.TRADE, and TD Ameritrade trade for as low as $4.95. The number of commission-free ETFs a broker offers also come into play. Overall commission costs can also be affected by new customer promotions. Brokers may give you a chunk of free trades, based on your deposit amount.
If your deposit can get you a substantial number of free trades, that can write off otherwise higher per-commission costs. Ally Invest offers small incentives for deposits as low as $500. Fidelity Investments, meanwhile, has a higher barrier for entry — it takes a $50,000 deposit, but then you'll get 300 free trades. Low fees, as few as possible We looked for brokers that go light on extra account fees, don’t charge extra to access data, research, and tools, and provide advice for a reasonable rate. Lots of brokers boast amenities like 24/7 financial experts, but most of those services come at a price. Depending on your strategy, increased fees might just be the cost of doing business, but we aimed to mitigate these costs in our top picks. Seeing your nest egg shrink due to a tough market or bad strategy isn’t fun.
It’s worse if you’re also getting dinged by unexpected fees, such as minimum account balance. Powerful platforms We tested each brokerage’s platform and weighed in on its standout features, ease of navigation, intuitive controls, and learning resources. Whether you’re looking to make a series of complex trades or to carefully execute your first, intuitive organization and just-in-time pointers are key to a satisfying platform experience. Strong ratings from investment publications Like any financial institution, an investment brokerage worth its weight has a strong reputation.
We took ratings from noted publications like Barron’s and Kiplinger into account when separating the best from the rest. Our five favorites consistently rank top in both sites' yearly report, which marks brokerages on technology, usability, and cost. Why we chose it Rock-bottom rates At $4.95 a trade, with no inactivity charge, and only a $50 full outgoing transfer fee, Ally Invest’s fee structure is about as low as you'll find. Even though a rash of brokers dropped their commissions in 2017 to be competitive with Ally Invest’s $4.95 flat rate, Ally keeps its edge with a zero account minimum and enticing discount for active investors — equity trades drop to $3.95 for users with 30+ trades each quarter or a balance of $100,000. While some mobile platforms like Robinhood boast totally commission-free stocks and ETFs, Ally Invest’s platform and resources stand out with quality research and tools, including access to its online trader network.
Easy entry point In addition to attractive pricing, Ally offers a quality platform that gives you access to the entire universe of stocks and ETFs. Where some discount brokers focus on only one kind of trader (for example, options traders or high-net-worth investors), Ally Invest provides an excellent experience for investors of all kinds. A focus on discounted costs can sometimes be a red flag for quality, but Ally Invest truly delivers with sophisticated calculators, profit-loss estimators, and more. Ally Invest also offers a robust research library that incorporates visual slides and interactive media into its market data. Stellar ratings We’re not the only ones who think Ally Invest is a remarkable service. Barron’s has given Ally Invest’s past self, TradeKing, at least 4 out of 5 stars for the past 10 years, and Ally continues to rack up kudos for its offerings and low commissions from both Barron’s and other rating sites like StockBrokers.com. Points to consider Acquisition and rebranding confusion Previously acquired by Ally Bank, TradeKing has been rebranded into Ally Bank’s own online trading platform, Ally Invest.
Much of the interface, low prices, and offerings have remained the same, though some discounts and promotions are no longer available. Best Trading Platform for Beginners: E.TRADE. Why we chose it Education-heavy platform New investors need two things from their online stock trading platform: an easy learning curve and lots of room to grow.
E.TRADE has both. Its platform boasts a library of educational videos, articles, and webinars for each type of investor. Once you’ve mastered the fundamentals, read up on market news, reports, and commentary from E.TRADE analysts. You can also take advantage of one-on-one assistance: Branch appointments are free to book, and online chat tools and 24-hour hotline are there to guide you from anywhere in the world. Low minimum account balance E.TRADE does require an investment minimum for new brokerage accounts ($500), which may seem like more than a novice would like to throw in.
But you’ll need at least that much to see real growth. And compared to the minimums of traditional brokerages, $500 is an incredibly welcoming threshold. And if you can commit to a $10,000 deposit, you can get 60 days of commission-free trades. Points to consider Slightly higher commissions The only real drawback to E.TRADE: Commission fees start at $6.95. It’s not until investors make more than 30 trades a quarter that the fees drop down to $4.95, which OptionsHouse and Ally Invest offer up front. But while E.TRADE levies a steeper charge here, there are no surcharges for low-priced stocks or inactivity. Best Platform Design: TD Ameritrade.
Why we chose it Helpful platform for beginners TD Ameritrade offers two best-in-class platforms, designed for two different types of investors. Both platforms are free to use for any investor with a TD Ameritrade account.
Charles Stock Youtube
The web-based Trade Architect, though often in the shadow of thinkorswim, is streamlined and easy to use. It will appeal to beginning investors, or anyone who prefers a simplified, educational interface. Its tab-based navigation lets users flip between trading tools and account overview, plus charts, stock screeners, heat maps, and more. Since the company acquired Scottrade, our favorite platform for beginners, in 2016, we predict it will continue getting better at serving junior traders.
Powerful platform for pros Thinkorswim, on the other hand, is a powerhouse designed for the advanced. This desktop application regularly racks up awards for its superior tools and features — research reports, real-time data, charts, technical studies. Things any other broker would charge a premium for. Also included: customizable workspaces, extensive third-party research, and a thriving trader chat room.
Mac Charles (india Stock Opinions)
There’s also a fully functional mobile app. Thinkorswim is a particular standout in options trading, with options-trading tabs (just click “spread” if you want a spread, and “single order” if you want one leg) plus links that explain the strategies on the order page.
Its Strategy Roller feature lets investors create custom covered calls and then roll those positions from expiration to expiration. Points to consider More expensive than discount brokerages TD Ameritrade has been a powerful player in the online stock trading ecosystem for years. The flipside to such robust platforms: cost. Even though TD Ameritrade lowered its fees in 2017 from $9.99 to $6.95, pretty much every other major discount broker slashed its prices, too. TD Ameritrade remains one of the more expensive options out there, even with more than 100 commission-free ETFs. Though its pricing structure is more expensive than some of the other discount brokers, there are many traders who think its best-in-class trading platforms. Best for Active Traders: OptionsHouse.
Why we chose it No account minimum If you already have a firm handle on your investment strategy and want to maximize your profits, OptionsHouse is excellent. What it lacks in some of the investor education features that competitors like TD Ameritrade can claim, it makes up with its low-cost, streamlined trading platform. Like Ally Invest, it’s been a longtime leader in rock-bottom pricing, with a $4.95 trade commission, and, unlike many brokerages catering to active investors, no account minimums or inactivity fees. Fees for a single-leg options contract are $5.45 all-in.
Plus, if you have $5,000 to invest, you’ll receive $1,000 worth of commission-free trades. Accessible platform Along with competitive pricing, OptionsHouse has one of the most accessible platforms.
Clean design and user-friendly tools help make heaps of information easier to digest. And automize: Trigger Alerts lets users set up their accounts to automatically purchase an order based on a particular scenario. For example, you can set an alert to buy any number of shares of one stock if its direct competitor falls by a certain percentage. When that’s triggered, you get an alert on any device that lets you confirm the purchase or ignore in one simple reply. Tools like tradeLAB help dissect options spreads, with green smiley faces for the statistical probability of making a profit, and red frowns for a loss. OptionsHouse also offers a “dime buyback program” that makes it easy to close any short options without paying commission fees.
Great for options traders While beginners may prefer the in-depth guidance of other platforms, Barron’s named OptionsHouse “Best for Options Traders” and gave it a 4.5 out of 5 stars overall, and a perfect 5 for its mobile performance. Whether you prefer to trade via desktop, tablet, or mobile, its customizable interface seamlessly transitions between all three — though, admittedly, customers seem to either love or hate the app. Points to consider Some fees are higher than normal OptionsHouse doesn’t offer currency trading, and has limited commission-free and transaction-free offerings, but its 2016 acquisition by E.TRADE should help fill in those gaps as the two brokers continue to merge. OptionsHouse also falls short in mutual funds — it charges $20 per trade, as opposed to Ally Invest’s $9.95 — as well as currency trading, and commission-free ETFs, but for the active trader who know what they’re doing, it’s one of the best platforms available. Best Research and Tools: Fidelity. Why we chose it Sleek and high-functioning platform Fidelity’s platform wins for user-friendly design, with tools to help take the guesswork out of finding funds and nosing out strategies.
Fidelity’s platform lets you explore your options with a slick and intuitive design, complete with color-coded rankings and charts that call out what’s important. You can sort stocks by size, performance, and even criteria like sales growth or profit growth.
Want to sort ETFs by the sectors they focus on, or their expenses? There’s even a box to check if you want to only explore Fidelity’s commission-free offerings. A few other discount brokers do offer screeners, but none match Fidelity’s depth and usability. Best-in-class research When it comes to research, Fidelity is in a league of its own. The intellectually curious can dive into research from more than 20 providers, including Recognia, Ned Davis, and McLean Capital Management.
Fidelity’s Learning Center featured videos are organized by topic, but don’t stop after explaining the concept. They cover how to apply principles to your own Fidelity investments.
Points to consider Not all tools are accessible to all users Additionally, some of Fidelity’s advanced tools are only available to high-volume traders: Charting with Recognia requires a significant 120 trades per year to use, and its Active Trader Pro requires 36 trades per year). Guide to Online Stock Trading Sites Minimize costs Warren Buffett is the best example to hit this point home. In 2008, he bet some hedge fund managers $1 million that they wouldn’t be able to make more money in a decade than a cheap, boring index fund. An index fund uses simple investing algorithms to track an index, and doesn’t require active, human management. Conversely, hedge funds stack management fees on top of trading fees to pay for the time and knowledge actual strategists are putting into your investments. So what happened to the bet?, and donated the winnings to charity.
He managed to beat his high-priced peers not because he scored bigger gains, but because he minimized costs. Be aware of broker fees, but your strategy can also cost you The capital gains tax rate favors long-term investments. An investor who buys and sells their stocks within a few months will face a higher capital gains tax rate (25 percent) on their profits than an investor who buys and holds their stocks for a full year (15 percent).
The larger your investment, the bigger the difference. Granted, there’s a risk to holding an investment for longer, but if you’re close to that one-year cutoff, it might be worth it to sit tight for a few more weeks. Avoid funds with a high expense ratio Mutual funds and ETFs come with their own set of fees, too. Like broker fees, pay attention to the expense ratio — usually a percentage of any mutual funds or ETFs you purchase in your account — even if you’re buying them commission-free.
These extra fees are another big cost to investors, but they aren’t deducted from your account balance. Instead, these fees show up in the price on the ticker tape. That’s why many high-priced mutual funds’ and ETFs’ value per share doesn’t seem to change over time — any growth is offset by fees.
Also watch out for mutual funds that charge a front- or back-end load for each purchase or sale. These usually range from 0.5% to 1% and can add up quickly. Play with your own fake money Give yourself a few thousand in fake money and play investor for a bit while you get the hang of it. Even with just a virtual portfolio. Start and then commit to building over time,” says Jane Barratt, CEO of investment education and advisory company GoldBean.
“Don’t expect anything major to happen in a short time — build your money muscles by taking risks in a virtual portfolio.” TD Ameritrade offers paperMoney, its virtual trading platform. If you open an account, OptionsHouse offers its paperTRADE account to test your strategies. Outside of actual trading sites, MarketWatch and Investopedia offer simulators to get you started. Buy what you know Our experts suggest you begin by looking at your own life. “Buy what you know, where you are.
If you can, identify good companies locally,” says Randy Cameron, a portfolio manager and investment advisor with 35 years of experience. “Look for companies you and your friends are talking about, ones with plans to go national.” As for how much time and money you need, “Start with what you have,” he says. There is literally no minimum to get started, and starting with just one share is better than putting things off. Don’t check your account too often The best investors are in it for the long haul.
Checking your account too often might make you react to the fluctuations in the market too quickly. Personal finance expert Ramit Sethi has written that you should check your investments, “probably every few months, with a major review every year.” On many sites, you can also set an alert if a stock dives. Other than that, just set a quarterly recurring appointment so you know you’ll handle it at the right time. Best for Cheap Trading Beginners Platform Design Active Traders Research and Tools Stocks ✔ ✔ ✔ ✔ ✔ Bonds ✔ ✔ ✔ ✔ ✔ ETFs ✔ ✔.
✔. ✔. ✔. Options ✔ ✔ ✔ ✔ ✔ Mutual Funds ✔ ✔.
✔. ✔ ✔. Futures ✔ ✔ ✔ ✔ X International X X X X ✔ Forex ✔ ✔ ✔ X ✔.Offers commission-free or transaction-free trading. Stocks: A portion of a company ownership. The more valuable the company, the more valuable its stock.
Level: beginner. Bonds: A loan you make to a company or government in exchange for interest and the return of principle at some future date. If your city wants a new stadium, for example, it might issue a bond to pay for it.
These investments are rated for safety by third-party companies, with AAA being the least risky. Level: beginner. ETFs: Short for exchange-traded fund. These are investment funds that trade like a stock on a stock exchange, but their performance tracks an underlying basket of stocks.
They provide diversification within one investment product, so they present lower risk than individual stocks. Level: beginner. Options: A contract between a buyer and a seller to buy or sell something at a specified price at a specified time, often as a way to bet on the future price of an investment. Level: advanced. Futures: Short for futures contract. This is an agreement to buy or sell assets, such as commodities or shares, at a fixed price to be delivered and paid for at a later date. If you think you can predict next year’s gold price, this is for you.
Level: advanced. Forex: Short for foreign exchange. This market is for trading currencies and speculating on what today’s yen, euro, etc. Will cost tomorrow. Level: advanced.
Online Stock Trading FAQ Is online trading safe? While it can feel a little nerve-wracking to transfer your money over the internet, you can rest easy knowing that it’s just as secure as when it’s in the bank. Each of our top trading sites puts up a digital vault around your money with 128-bit, two-way data encryption, multi-factor authentication, and up-to-date firewalls. How much money do I need to start investing? Most experts recommend starting with around $1,000. Any less, and it’ll be tough to see how your strategies are performing. That said, the sooner you can invest, the better, as you give your money more time to grow.
And with no minimum investment requirements on most brokerage accounts, there’s no reason not to get started right away. How do robo-advisors work?
Robo-advisors like Wealthsimple, Wealthfront, and Betterment use algorithms to determine your investment strategy. You just plug in your time frame and risk tolerance and their computers do the rest. And because they’re targeted for a younger crowd, fees are rock bottom. Wealthsimple and Betterment both have no account minimum, while Wealthfront requires $500. Wealthsimple charges an annual 0.5% advising fee; Wealthfront and Betterment charge just 0.25%.
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