Sell the poor performing Assets

Always be ready to sell your poor performing assets, even if you sell for a loss it will be profitable in long term.

"Cutting loss is one way of Investing"

Travel to Pondicherry with Petra & Tauranza

This time the trip to Pondicherry was all for sad reasons, attending the funeral of our relative. Drove again Petra but the difference is Taurnaza, great mileage, quick acceleration and great control. It was again 310 km stretch one way (610+), so this time tauranza was tested for the long drive for the very first time.

The Bangalore - Thiruvannamalai - Dindivanam - Pondicherry route was scenic and good time to drive. I added June as one more good month to drive between this segment.

The winner again is 1.6l 100 bhp and 5500 rpm.

One thing i understood from this Trip death is unexpected and sudden. Live life for the day, you never know what happens tomorrow.

Learn from Mistakes is Investments biggest lesson

Investing is fun, especially when we follow the rules and taste success. There are lot of lessons i learned from experience after all experience is the mother of all books.

Everyone's life have a role model and in my life too there are role models and one of the key role models is my creator (your guess might be wrong, it's my Mom and Dad) and then comes the great book on Warren Buffet.

Mistakes which i made and learned from it
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1. Followed stock purchase suggestion from magazine and lost Money - mistake (bought one of the stock at it's all time high, but always went down after that)
2. Excepted equity value to double in very very short time - mistake (sold in frustration) - now the sold stocks really doubled, but i don't own it when it doubled.
3. Expected 2-3 digit valued stocks can give better returns than 4 and above digit valued stocks - mistake (bought some of these cheap stocks but they never had value, failed to read P/E and BV and EPS)
4. Bought value stocks with less P/E - mistake (bought least P/E stocks but business which i did not understand, they never peaked up)
5. Thought Trading is the best way to see money - mistake (booked profit when they reached 10% but saw these stocks sky rocketing after i sold, made nothing with the profit made.
6. Mistake - Bought when all are buying.
7. Mistake - Sold when all are Selling


All these are some of the mistakes which i made but these mistakes made me a better investor.

My Advice
1. Buy the company whose business you know have patience and hold it for really long period.
2. Buy when others are Selling, Sell when others are buying.

Trip to Mysore

Trip to Mysore from Bangalore is awesome again with the Petra 1.6 100bhp power horse. I enjoyed the whole drive with my family. The whole stretch of 150 km one way was great except the return journey where I experienced the heaviest rainfall while driving.

Visibility was poor and road conditions was bad, but experience of driving Petra was always fun and more fun.

Went to the Mysore Zoo, saw tipu's fort from the entrance and visited the Brindavan Garden.

My Longest Air Trip

Bangalore to Columbus, Ohio the longest miles in Plane, wish i registered for Miles program. Started from bangalore went to Frankfurt, Germany (9 hours) and waited for 6 hours for my connecting flight to Newark, US (8 hours) and then waited for 4 hours for connecting flighty to Columbus, Ohio USA (1 hour 20 mins).

Personally the experience was tough but any travel for me is a boom, so i enjoyed my trip, except the lack of sleep and some headache.

Looking forward for my days of stay and the day when will meet my loved ones back home.

Every moment of life is an experience and it's the experience which is worth remembered.