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Dear ck.kislay,
You are subscribed to the thread "Indian Stock Advice Trading Strategies Trends Market Predictions & Regulations" by pcpune, there have been 13 post(s) to this thread, the last poster was revhappy.
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: Dkumar12
On: November 7 2017 09:32 AM
For short term gain, keep watching BHEL. For long term, south indian bank... Do your own research carefully.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: Sharpj
On: November 7 2017 10:13 AM
Is there a connection between these random unconnected events in the Middle East. Can all this bring oil back to boil.. What do you guys think.. Is there a risk and with the markets slightly over heating, will these risks to be considered and will it have an impact on our markets.. What do you guys think..
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: Lincymat
On: November 7 2017 11:59 AM
[QUOTE=humblefool;n2563948] a. GOLD IS NOT A CURRENCY. b. The implication of a. have to be obvious. Its a metal(of utility), or at best a commodity. Different dynamics at play here. And unless we get into asteroid mining or something its supply is automatically controlled. c. BITCOIN IS A CURRENCY. d. Currency is a medium to trade thing. But here its being treated as totally different beast in all together.[/QUOTE] If Bitcoin is a currency gold is also one. Even though gold is not used as a medium of exchange (currency) in the current period, it has been the preferred currency for at least 2-3 Millennia. Gold has all the ingredients of a currency. It has an inherent value, it is a rare metal, it is easily portable (carries a large value in a small space) and fungible. Agreed we are in the days of Fiat currency, but let some real earthshaking event happen and we will see. You can claim it will never happen but then remember next year we will be celebrating only the centenary of the end of WW I and in 2020 we will be celebrating the Platinum Jubilee of the end of WWII. As Marc Faber said - Those who held Deutsche Marks in 1920 did not have anything in 1930. Those who held Siemens shares have something even now. (Check the exact quotes). The same for gold also. This is the benefit of holding an asset which is not a liability in someone else's book. But I confess I do not hold any physical gold despite knowing all this. I have only ETFs.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: ukdoctor
On: November 7 2017 12:22 PM
[QUOTE=Lincymat;n2564111][QUOTE=humblefool;n2563948] a. GOLD IS NOT A CURRENCY. b. The implication of a. have to be obvious. Its a metal(of utility), or at best a commodity. Different dynamics at play here. And unless we get into asteroid mining or something its supply is automatically controlled. c. BITCOIN IS A CURRENCY. d. Currency is a medium to trade thing. But here its being treated as totally different beast in all together.[/QUOTE] If Bitcoin is a currency gold is also one. Even though gold is not used as a medium of exchange (currency) in the current period, it has been the preferred currency for at least 2-3 Millennia. Gold has all the ingredients of a currency. It has an inherent value, it is a rare metal, it is easily portable (carries a large value in a small space) and fungible. Agreed we are in the days of Fiat currency, but let some real earthshaking event happen and we will see. You can claim it will never happen but then remember next year we will be celebrating only the centenary of the end of WW I and in 2020 we will be celebrating the Platinum Jubilee of the end of WWII. As Marc Faber said - Those who held Deutsche Marks in 1920 did not have anything in 1930. Those who held Siemens shares have something even now. (Check the exact quotes). The same for gold also. This is the benefit of holding an asset which is not a liability in someone else's book. But I confess I do not hold any physical gold despite knowing all this. I have only ETFs.[/QUOTE]Would suggest at least half in physical gold You can get it stored for far less than the management fee of your ETF . Having ETF is good to quickly rebalance portfolio if gold prices go up or down .
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: November 7 2017 02:20 PM
[QUOTE=ukdoctor;n2564121][QUOTE=Lincymat;n2564111][QUOTE=humblefool;n2563948] a. GOLD IS NOT A CURRENCY. b. The implication of a. have to be obvious. Its a metal(of utility), or at best a commodity. Different dynamics at play here. And unless we get into asteroid mining or something its supply is automatically controlled. c. BITCOIN IS A CURRENCY. d. Currency is a medium to trade thing. But here its being treated as totally different beast in all together.[/QUOTE] If Bitcoin is a currency gold is also one. Even though gold is not used as a medium of exchange (currency) in the current period, it has been the preferred currency for at least 2-3 Millennia. Gold has all the ingredients of a currency. It has an inherent value, it is a rare metal, it is easily portable (carries a large value in a small space) and fungible. Agreed we are in the days of Fiat currency, but let some real earthshaking event happen and we will see. You can claim it will never happen but then remember next year we will be celebrating only the centenary of the end of WW I and in 2020 we will be celebrating the Platinum Jubilee of the end of WWII. As Marc Faber said - Those who held Deutsche Marks in 1920 did not have anything in 1930. Those who held Siemens shares have something even now. (Check the exact quotes). The same for gold also. This is the benefit of holding an asset which is not a liability in someone else's book. But I confess I do not hold any physical gold despite knowing all this. I have only ETFs.[/QUOTE]Would suggest at least half in physical gold You can get it stored for far less than the management fee of your ETF . Having ETF is good to quickly rebalance portfolio if gold prices go up or down . [/QUOTE] I somehow don't think gold should be ever be rebalanced. 10% of your portfolio is not going to become 15 or 20%. If it does it is for a good reason and you should not sell it.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: atwitsend
On: November 7 2017 03:38 PM
Buy a house to live, gold to survive, debt for cash flow , be adequately insured and play in equities or whatever flavour of the day(bitcoin as of today) - and do this while maintaining ur human capital and caring for family - else all above is useless.(Funny thing is it takes X number of years to realize that all above pursuit is useless and all that matters is being content and happy). People are adamant - their eyes open only after self experience.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: humblefool
On: November 7 2017 04:23 PM
[QUOTE=atwitsend;n2564166]Buy a house to live, gold to survive, debt for cash flow , be adequately insured and play in equities or whatever flavour of the day(bitcoin as of today) - and do this while maintaining ur human capital and caring for family - else all above is useless.(Funny thing is it takes X number of years to realize that all above pursuit is useless and all that matters is being content and happy). People are adamant - their eyes open only after self experience.[/QUOTE] You are very close to achieving Nirvana. :)
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: atwitsend
On: November 7 2017 05:36 PM
[QUOTE=humblefool;n2564175] You are very close to achieving Nirvana. :)[/QUOTE] If knowledge was equal to execution everything would be perfect 😄
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: November 7 2017 06:04 PM
@ukdoctor, gold allocation is only 10%, it is really portfolio insurance and not an allocation. Debt should be used to rebalance when equities fall. Gold should never be sold. It is like the family silver, literally in this case. Imagine you rebalance too early and markets are decimated. You need that that gold 10% in absolute quantity and not really percentage. Because that 10% can become 100% in the worst case. So you want to hold it tight.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: ukdoctor
On: November 7 2017 06:33 PM
[QUOTE=revhappy;n2564206]@ukdoctor, gold allocation is only 10%, it is really portfolio insurance and not an allocation. Debt should be used to rebalance when equities fall. Gold should never be sold. It is like the family silver, literally in this case. Imagine you rebalance too early and markets are decimated. You need that that gold 10% in absolute quantity and not really percentage. Because that 10% can become 100% in the worst case. So you want to hold it tight. [/QUOTE]probably okay in your case if you have enough in debt etc .
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: atwitsend
On: November 7 2017 08:01 PM
[QUOTE=revhappy;n2564206]@ukdoctor, gold allocation is only 10%, it is really portfolio insurance and not an allocation. Debt should be used to rebalance when equities fall. Gold should never be sold. It is like the family silver, literally in this case. Imagine you rebalance too early and markets are decimated. You need that that gold 10% in absolute quantity and not really percentage. Because that 10% can become 100% in the worst case. So you want to hold it tight. [/QUOTE] You are right and that is also the reason to hold it physically(same for the house you live - [USER="195423"]humblefool[/USER] will enjoy reading this and probably write another big composition) and not in digital format. All this portfolio dance should be done with debt and equity rebalancing.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: ukdoctor
On: November 8 2017 02:28 AM
[QUOTE=atwitsend;n2564230][QUOTE=revhappy;n2564206]@ukdoctor, gold allocation is only 10%, it is really portfolio insurance and not an allocation. Debt should be used to rebalance when equities fall. Gold should never be sold. It is like the family silver, literally in this case. Imagine you rebalance too early and markets are decimated. You need that that gold 10% in absolute quantity and not really percentage. Because that 10% can become 100% in the worst case. So you want to hold it tight. [/QUOTE] You are right and that is also the reason to hold it physically(same for the house you live - [USER="195423"]humblefool[/USER] will enjoy reading this and probably write another big composition) and not in digital format. All this portfolio dance should be done with debt and equity rebalancing.[/QUOTE]Main issue I have with large holding of physical gold ( I am talking about more than a few 100 grams ) is that it is difficult to prove the source of it even if bought with white money . A bill is useless as most good bullion in India does not have a serial number . A relative of mine had an IT raid (all white money by the way ) and they confiscated his bullion holdings. The only thing that saved him was that he had imported the gold from overseas ( Ex NRI but now spends time between UK and India)and had customs papers etc to back up his source of gold. It also helped that the gold was a mix of metal or and PAMP 100 g bars which had been imported to India after paying necessary taxes. The bars have a serial number and he had all the paperwork to prove that he bought it using his UK account.. The serial numbers were on the bills and the IT department could not justify holding on to it after he provided the paperwork.. I doubt if things would have been so smooth if the paperwork wasn't so complete..
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: November 8 2017 06:52 AM
[QUOTE=ukdoctor;n2564303][QUOTE=atwitsend;n2564230][QUOTE=revhappy;n2564206]@ukdoctor, gold allocation is only 10%, it is really portfolio insurance and not an allocation. Debt should be used to rebalance when equities fall. Gold should never be sold. It is like the family silver, literally in this case. Imagine you rebalance too early and markets are decimated. You need that that gold 10% in absolute quantity and not really percentage. Because that 10% can become 100% in the worst case. So you want to hold it tight. [/QUOTE] You are right and that is also the reason to hold it physically(same for the house you live - [USER="195423"]humblefool[/USER] will enjoy reading this and probably write another big composition) and not in digital format. All this portfolio dance should be done with debt and equity rebalancing.[/QUOTE]Main issue I have with large holding of physical gold ( I am talking about more than a few 100 grams ) is that it is difficult to prove the source of it even if bought with white money . A bill is useless as most good bullion in India does not have a serial number . A relative of mine had an IT raid (all white money by the way ) and they confiscated his bullion holdings. The only thing that saved him was that he had imported the gold from overseas ( Ex NRI but now spends time between UK and India)and had customs papers etc to back up his source of gold. It also helped that the gold was a mix of metal or and PAMP 100 g bars which had been imported to India after paying necessary taxes. The bars have a serial number and he had all the paperwork to prove that he bought it using his UK account.. The serial numbers were on the bills and the IT department could not justify holding on to it after he provided the paperwork.. I doubt if things would have been so smooth if the paperwork wasn't so complete.. [/QUOTE]I also have the same fear and until I find a way to hold physical gold in a clear non ambiguous manner to prove that it is white, I will hold in ETF form.
With warm regards,
Team IREF
With warm regards,
Team IREF
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