Net Worth Update – April 2018 ( ₹ 5,898,842.15)

net worth

Money is not the only answer, but it makes a difference.
-Barack Obama

Ready for April net worth update? Action packed month with respect to my net worth comes to an end. What a week it has been for Indian IT industry phew! That run from Infosys and TCS was joy to behold. Weak rupee fueled Indian IT sector to new highs. Also, TCS hits 100 billion $ market capitalization. Politically there were no major events. In India, upcoming Karnataka election is of utmost priority to BJP.

Net Worth

this month is as shown below. Excited to have crossed 5M INR, would not have been possible without my beloved wife and her mindful budgeting. Stacked 40K bones to debt fund. Added a new row that holds foreign bread, subjected to rupee performance. To top it all off the fantastic equity performance. What a month! M&M and Apollo Tyre dream run. Capped off with Infosys performance. Sweet!

April2018 net worth

Stocks in my radar,

As posted last month, 3 stocks gave 15%+ returns in a month. Cheers!

Coming to my current holdings, stocks like Apollo Tyre, Prabath Dairy, Infosys, Century Textiles, JSW Steel, M&M are having returns ranging from 50% to 224%. One stock that has been under performing is Triveni Turbines and Sanghi Industries. Need to revisit these stocks in coming month or so. Mostly will be buying on dips, these are good businesses.

Heinous crime!

Rape is not an issue confined to India or part of India, it is everywhere in this world. It is a virus that needs to be quarantined. But problem in our country is, politicians/ political party fanboys trying to gain mileage out of it. We will never learn, politicians play us. Without our judicial and education system changing, I don’t see much hope.

Nothing much to pen down here,

How did your money work for you? share you experience here. Do mail me your view on anything that you feel like sharing.

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