tamilkuravan   
Member since: Jun 05
Posts: 5775
Location: God's own country

Post ID: #PID Posted on: 04-04-06 21:46:49

What desi raja means is this :
A small number of people pool in $2000 or so , which will be held by a competant person who has time and who will invest in stocks and get 100 to 2000% returns. Investing in mutual funds hardly get 3 to 7%.
I opted out of this concept since i donot trust doing anything with desi's . if you get them profit of 1000 % they will say why not 2000% . if you get them into loss, they will throw brick bats at you.
Anyone interested in doing a pool like this ?
TK


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I am a Gents and not a Ladies.


dimple2001   
Member since: Apr 04
Posts: 2873
Location: Western Hemisphere

Post ID: #PID Posted on: 05-04-06 10:43:12

Quote:
Originally posted by tamilkuravan

Anyone interested in doing a pool like this ?
TK



I am not.


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Dimple2001


my2cents   
Member since: May 04
Posts: 260
Location: Miss, Canada

Post ID: #PID Posted on: 05-04-06 12:21:50

Quote:
Originally posted by dimple2001

Quote:
Originally posted by Desi Raja
Actually I didn't mean this .. This is looking more like a "Free for all" ..I was looking for a collective info from a small group and plan investments..



Not sure what you mean. Can you elaborate please?

My investment strategy is for long term (more than 10 to 20 years). Also, I tolerate a risk level of 6 to 7 on a scale of 0 to 10 (10 being riskiest). Based on those two, I have focused my strategy on mutual funds and have diversified them as much as possible.

I hold balanced portfolios, domestic equity investments and international equity investments - all through Canadian and US based mutual funds.

I do not invest in individual stocks as I neither have time to monitor every little thing nor risk tolerance. I have no wish to be instant millionaire, but rather prefer to have a steady growth with reasonable volatility. So far, my strategy has worked.

Anyway, if you are interested more about the kind of investments that I normally pursue, feel free to comment and discuss.



I invest in mutual funds also but all of them are Canadian funds. I have had reasonable success, but then the market has been doing well so I dont know if it can be called as success. I would be interested in swapping notes about mutual fund investments if you are interested. I have very recently bought a few Canadian stocks to test the waters. But I have a few questions about investments which I would like to ask people in this forum:

1) What kind of investments should be held in a RRSP vs regular account for instance among dividend funds, income trust funds, bond funds etc.
2) Can anyone recommend a good US based fund for a long-term (IRA investment) of small amount ($2000 - $5000)
3) What sites do people use for research into investments? I use Globe and Mail and MSN Canada.
4) What brokerage account is best? I use E*TRADE because you can buy funds for free and stock purchases are $9.99.
5)Lastly if anybody has a crystal ball what is the outlook for the Canadian market.

Left Side note: I am not an investment professional. If you make any decisions about investing based on this post, neither I nor Canadiandesi website will be held responsible.

Right Side note: I have some MF in India also so if anybody wants to swap ideas about funds in India you are welcome.


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I have only 2 cents to contribute, not a cent more, not a cent less ;-)


tamilkuravan   
Member since: Jun 05
Posts: 5775
Location: God's own country

Post ID: #PID Posted on: 05-04-06 12:39:23

My 2 cents :
I am into share trading but it is based on my intutions only.
I would like to know what kind of MF's are good in Canada and India.
See : http://www.allpennystocks.com" rel="nofollow">LINK for investment ideas. This has a Canadian aspect and a USA aspect.
AFAIK, The resource boom has a lot of potential still but they are looking for a correction now (both Canada and India) in which they expect the sensex/TSX to lose 10 % soon. Anyway, after the correction , the stock prices are expected to rise.
If you are not comfortable of making your ideas public, email me at :
Tamilkuravan (at) Yahoo (dot) Ca.

Thanks
TK


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I am a Gents and not a Ladies.


my2cents   
Member since: May 04
Posts: 260
Location: Miss, Canada

Post ID: #PID Posted on: 05-04-06 13:18:35


TK,

I do not invest in penny stock since I do not have the knowledge to conduct technical analysis. I believe in value investing and am a fan of the Buffet style of investing. (though I have never come even close to matching the great man's returns).

But thanks for the link anyway.

I invest in following funds in Canada:

1) RBC Dividend Fund -
2) BMO Dividend Fund -
3)Trimark Canadian Resources -
4)TD Canadian Bond - 2yr return
5) GGOF Monthly high income fund


IN India I have the following funds:


1)Franklin India Prima -
2)Reliance Vision
3)Tata MIP Plus Fund
4)Pru ICICI Power

Dislaimer: Please research these funds thoroughly before investing. I will not be responsible for any losses should you choose to invest in these funds based on this post. I am not recommending any of these funds nor am I affiliated to any of the fund companies in any way.


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I have only 2 cents to contribute, not a cent more, not a cent less ;-)


transmogrifier   
Member since: Aug 05
Posts: 408
Location: canada

Post ID: #PID Posted on: 05-04-06 13:32:00

Apla MF investments

1.Dynamic Power growth- manager apla Rohit Sehgal

2. Acuity all cap 30

3. Excel India Funds

4. AGF Dividend Income (formerly belonging to ING)

5. ROI

All solid aggressive except ROI.

More than 90% thru leveraged loans to fast track apla mortgage payments.

Last of the year all funds excepting the ROI giving 20% plus returns even the 30%.

In US having other the funds incl TML flagship growth fund.

India having the Birla Advantage but most other in the stocks.


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hinglish zindabad


transmogrifier   
Member since: Aug 05
Posts: 408
Location: canada

Post ID: #PID Posted on: 05-04-06 13:40:02

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hinglish zindabad



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