Voitto Insights
I am passionate about helping others have the right mindset to overcome challenges. Financial independence plays an important role in having that right mindset. I will also post regarding trading and investment ideas. Earlier had successfully completed two masters in management degrees. I am a working professional with more than a decade experience in multiple industries. Disclaimer: Kindly note that, I am not a Sebi registered investment advisor. Please do your own due diligence before taking any action on the posts here. All posts are for educational purposes only.
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When should you think of retiring early?
There are many reasons that you may not wish to retire early. Similarly there are many strong rationales to think about doing so. It becomes more important, if your partner is retiring early and you wish to spend optimal time together. Below are few great reasons to consider retiring early: 1. Plan to minimize future guilt Many individuals in retirement have remorse about having committed a lot energy and time to their work and hence were not able to give adequate to their loved ones. By retiring early, you’ll not only have more time for grandchildren and kids, but also your better half. You will receive an opportunity to build…
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Remember these after buying a health insurance!
I hope you have bought the heath insurance cover for yourself and your family. If you are still waiting to buy one, then please look around. Your savings are the first to suffer in the absence of good health coverage. Also, due to the pandemic premiums have been increasing recently. The procedure of purchasing medical insurance is really simple. You go through the features of the very best policies, consult friends and purchase them offline or online. After that the policy files reaches your home within a few days of premium payment. You feel relived at last. However, your health insurance has to undergo the ‘claim’ test, before you can…
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Living in the US, crossed 50 and still catching up on retirement savings?
Information is significantly revealing that numerous Americans, even those in their 50s, have actually conserved little for their retirement. According to research study by the not-for-profit Economic Policy Institute, amongst homes headed by grownups ages 50 to 55, the average retirement cost savings is just $8,000, according to the Economic Policy Institute. Absence of retirement funds is even more worrying as today’s grownups are anticipated to live a lot longer. In 1940, the life span of a 65 years of age was nearly 14 years. Today it is simply over twenty years. Supplemental earnings like Social Security might not suffice to cover anything beyond fundamental requirements, particularly if senior citizens…
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RBI boosts credit and debit card security with new rules
Many of us have heard about Credit or Debit card frauds/misuse from our acquaintances in the recent past. Earlier, transactions would not require OTP verification while executing the transaction. It had left a big loophole open and was being misused by firms, who used to store credentials. Transactions would get executed well after the subscription period. I myself faced issues with Netflix subscriptions, which would automatically debit the amount from my card. This was specially risky, if are planning to stop the subscription on that day. Now, RBI has come us with a new set of rules for cards issued in India. For New Cards or Reissued Cards During issue…
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Thoughts can revolutionize your life !
Any beautiful creation has to be deliberate and well planned. Nothing is accidental. If it is, then you do need to plan really well to retain that beautiful creation of yours. All of us have a small self-talk. It depends what we tell ourselves. It can be positive or a negative self-talk. What does your thoughts do to you? I feel it is like sowing the seeds of a flower plant or a weed. Be careful of what you sow, as your mind is like a garden, which needs all the care possible. Self-talk seems commonplace at first glance. I had this cluster of images running in my own mind.…
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I know my place! The story of ‘Saysh’.
Allyson Felix the most decorated American track and field sprinter also made it very special my running in her own brand of sneakers.
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How to set up a Dropshipping business easily?
What do we mean by a dropshipping business ? As a layman, it simply means that I can ship the products to my client in any country without actually taking delivery of the goods i.e. the warehouse directly ships it to my customers. However, it is not as simple as it seems. Different countries may have different regulations regarding the same. For example in Qatar the dropshipping business is not easy to establish. it is extremely expensive and one needs to have a license. The difficulty can be ascertained from the fact that Qatar does not have Amazon in their country. In a few countries it may be extremely easy…
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How to stay motivated?
What drives us to remain inspired is as private as who we are. Thus you require to customize your inspirational trigger, that will resonate with you. The more you understand and comprehend yourself, the more reliable your efforts will be. You discover it within, due to the fact that all inspiration is self-motivation. What happens, when you can’t discover your inspiration or you can’t remain inspired long enough to complete a job or even keep up with everyday jobs? You need discover your inspiration soon. In today’s competitive workplace, our biggest untapped resource might be self-motivation. Break objectives into workable jobs. One crucial secret to your success will be your…
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Is the ‘Digital Nomad’ genie out of the bottle?
The term ‘Digital Nomad’ has gained tremendous visibility during the recent pandemic. It is a lifestyle adopted by technology savvy people who can work from anywhere, without having to be based out of a location. With job losses and salary cuts, alternative sources of income are being explored. The ‘Digital Nomad’ lifestyle has caught the imagination of youngsters around as it provides flexibility to manage your own pace. Research shows that the 2020 ‘Digital Nomad’ spike is driven by people with traditional jobs. It is a whopping 96% increase in 2020 if compared with 2019 numbers. It will be no surprise if 2021 doubles the figures again. This is a…
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Cummins India move above Rs 900 probable !
Cummins India has a good chance of crossing Rs 900 for further upmove. I am keeping the stoploss at Rs 830 levels.
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Coromandel Int set to cross Rs 1000
Coromandel Int is currently priced at Rs 918. Set up now to cross Rs 1000 in the short term. My stop loss at Rs 890
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Watch Jindal Drilling on 19 July 21′
Jindal Drilling is in my watchlist now. Weekly 20 EMA crossed 200 MA. Watching to see if it sustains. Expecting it to correct and retest Rs 120 -122 levels. It’s movement on 19 July 21′ , will further tell about the behavior of this counter. If it has truly broken out then it will not stop. There is also a possibility of retest to the above mentioned levels. Thereafter can touch Rs 175 levels in medium term, if it sustains and stays above weekly 200 MA. I will observe it’s behavior for 1-2 days before entering with a good stop loss below Rs 120 levels.
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How travelling changes you for the better?
I have travelled across India and can definitely say they have been one of the best experiences. Have travelled the farthest when I had the least money and was a student. Hence, the misconception of having good buffer money during travels is biased. I have travelled from Kashmir to Kerala. Other states include Delhi, Punjab, UP, Rajasthan, Uttarakhand, Madhya Pradesh, West Bengal, Jharkhand, Gujarat, Maharashtra, Goa, Karnataka and Telangana. All of the visits have been memorable and linger on even after decades. Travelling is also good for the soul. Below are few of the many benefits of travelling, which I have experienced over the years. 1. Brings humility The first…
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Flexi Loans makes a debut on Google Pay !
Flexi Loans debuts on Google Pay in India. It is the first lender to do so with an aim to transform the MSME lending scenario. The company was founded by Manish Lunia, Ritesh Jain, Deepak Jain and Abhishek Kothari. All of them ISB graduates, which is a bit eerie. Nevertheless they have come a long way within a short span of time. In it’s press release it mentioned about it’s plan of giving loans to 50,000 small businesses in the next 12 months. They are targeting the small merchants and entrepreneurs who otherwise don’t have access to formal credit. In March, 21 they entered into an agreement with PAYPAL and…
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Culture eats process for breakfast!!
Every organization has a certain inbuilt culture, which is mainly driven by the promoter and managers. There is a high risk that the structure can be turned upside down due to external interferences also E.g. Political interference, trade unions etc. Organizations that thrive, understand the importance of having a right culture within. They understand that performance and merit should be the top most criteria for evaluating promotions and rewards. These organizations are aware and also know that performance can only be a byproduct of great processes. However, very few recognize that only a right culture will ensure right adherence. Else, wrong self serving processes can be easily set up with…
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Jonny Kim and the power of focus!
Steve Jobs once said “Focus and simplicity….once you get there, you can move mountains.” This is so true for Jonny Kim, who achieved the rare distinction of being a Navy Seal, an accomplished doctor and now a NASA ‘Artemis’ astronaut program candidate. How did he achieve all of it as he himself had confessed that, “As a child, he was not aware what he wanted to become”. The biggest thing he lacked as child was ‘confidence’. This was natural as his parents had immigrated recently and he would have took time to adjust. His Navy Seal career provided him with lot of hard skills but higher education taught him how…
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5 hidden causes that lead to business failure in the first year|How to avoid business failures in the 1st year?
The US Bureau of Labor Statistics ( BLS ) data suggests that 20% of new businesses fail in the first 2 years, 45% during the first 5 years and 65% during the first 10 years.
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Shanti Gears, gearing up for an upmove ✨✨
Watching for expected 20% upmove from Rs 145 levels.
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Can you extend health insurance cover after diagnosis of illness?
f one does not declare the on set of a new illness at the time of extending the health cover amount, then there are high chances that any related claim may be rejected.
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Processing Cashless or reimbursement health insurance claims?
During this pandemic, Health Insurance has become nothing short of a boon to the general population. People are more aware and now understand that having a Health Insurance is absolutely necessary. Even if we discount the pandemic, illnesses can emerge suddenly and one should be prepared. I have seen first hand, how healthy individuals develop sudden complications, and if the insurance is not in place, it may turn the world upside down. Specially if you are young or don’t have enough savings. If one is paying the insurance premiums regularly then there is a natural expectation that all expenses would be covered. However, this may not be the case always…
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Polymed commenced journey towards Rs 1200
Polymed has taken crucial support in weekly and should now attempt to reach Rs 1200. Approximately 20% upside is expected. Plan is to enter in small quantities and gradually increase at intervals, where volume support is adequately visible. Keeping a stop loss at Rs 977 -975 levels and will stagger it upwards as price increases. Disclaimer: Please do your own due diligence before taking action. I am not a SEBI registered analyst.
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How to identify your talent?
It is a big Myth that everyone has a unique or raw talent. One must have heard about the book ‘Talent is overrated‘ by ‘Geoff Colvin’. It indeed is overrated and one needs to take note. A better phrase would be that ‘everyone has natural abilities‘. ‘Abilities‘ are not talent but God given skills like ‘running‘ , ‘thinking‘ etc. ‘Interests‘ and ‘Passions‘ definitely exist. These then lead to enough practice automatically as you love them. It is that simple ! Enough practice then makes you skilled. Athletics is a very good example of observing the ‘hidden Talent myth’. Have you ever wondered why cricketers keep on practicing one shot for…
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How can you burn your CRED coins ?
CRED coins are received as rewards when one pays credit card dues. It is like a positive incentive and reinforcement for maintaining credit discipline. A win win for both CRED and it’s customers. CRED only accepts customers, who have a credit score of 750 and above. It enables it to have first hand access to data of the most creditworthy clients. When you have a creamy databases available with you the possibilities are numerous. Who would not like to give loans to credit worthy customers. This is exactly CRED is doing, while pushing other brand products through it’s store and travel packages. How can CRED coins be used? There are…
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Progcap’s leap of faith
Fintech or Financial Technology is changing India’s financial inclusion landscape. Several startup have created a niche in specific domains. One such start up is PROGCAP, which has established itself as one of the preferred finance channels for SMEs and retailers. The founders, Pallavi Shrivastava and Himanshu Chandra started this venture in 2017 to serve a segment, which is often neglected. The startup was recognized in the World SME awards ceremony in 2018. 1. Identifying that niche The founders have worked in the supply chain domain and were well versed with the problems of retailers and SMEs. There are about 15 million retailers in India and most of them have difficulties…
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Sharda Motor Industries expected target of Rs 700
Sharda Motor Industries is above the 200 SMA and expected to reach Rs 700 levels. Also, it is about to breach a previous weekly swing high at Rs 504. It is expected to take a brief halt around Rs 500 levels before resuming uptrend. I will pyramiding my stop losses below recent swing lows in hourly. Update on 7th July,21 – The scrip crossed Rs 700 levels on 2nd July, 21′. Now consolidating.
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IMFA breached previous weekly high
IMFA has breached the previous swing high convincingly today. Bullish scrip for at least a Rs 700 target. Will be keeping stop loss below Rs 545.
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Everything you need is out there. Just shift the perspective !!
People used to spend entire lives working for a single organization in the name of job security. Many benefits definitely accrued, however, the zeal to implement innovative solutions vanished.
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Why random curiosity is extremely important for Entrepreneurs and everyone ?
The traditional education system rarely encourages random curiosity. Teacher’s fear, what if the focus on subjects wither off. Rote learning was encouraged in many schools earlier. Now the teaching methodologies are changing for the better. Just imagine the possibilities, if children start asking good questions, teacher’s have to come better prepared and quality of education will improve drastically. Off late curiosity is being frowned upon, even in society. If asking questions become a taboo, then solutions to problems will not emerge. It will ensure status quo and powers to be would be happy in their false glories, as no one dares to show the mirror yet. Many homes have a…
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CRED’s attempt to gamify behavioral finance !
CRED made it easier for the average credit card user to check charges levied. Earlier one had to open the credit card statements and go through interest rates, charges, late fee etc. Now, there is no need to remember the due dates, expiry dates etc.
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The 3 S of learning anything
Any new learning demands efforts. If it is complex and expected to take time, then you break down into digestible chunks. Efforts have to be consistent. Learning also demands a plan, else it will be haphazard and may take longer to internalize. A sprinkle of unstructured learning here and there would help in the process but don’t overdo it. Below is a short process of scoping, scooping and sharing which can do wonders to your grasping abilities. Scope: Scoping a new learning will help establish an excellent base. It is highly likely that you may already have a background on the subject. One should therefore leverage on previous learnings to…
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Just one thing to get things done. How?
Have you ever wondered why others are able to do much more during the day but you are not? Everyone has the same number of hours during the day. The differentiating factor is how you are able to use the available time. Here is a powerful concept, which will turn around you life. 1. ‘Highlight of the day’ concept The concept states that you block a time of the day to complete the most important task and then make sure it is completed as per plan for that day. ‘Highlight of the day’ is that task that makes you feel incomplete, if you have not done that by day end.…
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Minda Industries trade on 11 June 21′
Setup: The stock was very close to previous weekly swing high. Daily was resting on 20 EMA. 15 mins had a bullish candle with good volumes, which indicated a move is commencing. Entry trigger: Entered at Rs 596.20 after observing good volumes in 5 min candle. Stop loss: Stop loss was was just below the first bullish candle at around Rs 585 and near to 15 mins 200 SMA. Chart: Target: Expecting a target between Rs 675 – Rs 700 in few weeks. The scrip is making all time highs.
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Dynpro bullish setup
Dynpro is forming a bullish setup with weekly consolidation. Approximately 20% move is possible from Rs 510 levels. Daily had a nice correction, which adds to the probability. Expecting Rs 600 on this counter soon.
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Berger trade on 7th June 21′
The Berger Paints trade was implemented smoothly with high confidence. Why high confidence? As in the previous week the stock ended in consolidation and made a higher low. The consolidation was with low volumes. Remember ‘silence before the storm’. Moreover the 15 mins price was very near to 200 SMA and hence had a high probability of crossover. Everyone knows about Golden Cross !! Daily had a healthy correction and took support at 20 EMA, which was a double confirmation. Entered trade at Rs 798 levels and made an exit at Rs 811. Approximately 13 Rs upmove captured. Below is the chart.
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MM Forgings setup
Weekly and lower timelines are looking good in MM Forgings with a possible move to Rs 600 or above. Volume support also observed. Expecting a move of 15% or more in coming weeks. Result: The scrip made a high of Rs 616.70 today i.e. 11th June 21′. Target hit within 5 days of post. It will resume upmove after short correction soon.
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Enjoying wealth when young or old?
Akhil – What can I do to become financially independent? Should I go slow, save 10% of my earnings every month, cut down on credit card spends, invest in pension and mutual funds, then buy a house. Ajay – Of course, the above are good ways to accumulate wealth in the long term. However, let me ask you a question. Do you want to enjoy your wealth from a young age or when you are old and don’t have the energy to appreciate it? Akhil – Surely, I do want to enjoy wealth from a young age as it will leave me with enough time to enjoy it with other…
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Half hearted efforts
Kavita – How are your preparations for the exam going on? I heard you recently went on a long vacation abroad. Anil – Don’t worry I will ensure the syllabus is covered at least once. I have a natural talent for numbers. The exam is still 3 months away. Kavita – Hey, the exam results were out yesterday night. I am sure you have sailed through with flying colors. Which universities are you expecting a call from? Later after results… Anil – I am sad. Could not clear the exam this time as did not pace myself well in the end. Most of the questions were from previous year papers…
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Greenply Ind trade on 4th Jun 21′
Made an entry in Greenply Industries on 4th June 21. Estimating it to be a trade of few days only. Entry price at Rs 204. Expecting 10% returns from the trade in the short term. More if held for few months. Following is the chart and trade rationale. Weekly in uptrend. Daily had a good and smooth correction. Thereafter confirmation of support at 50 EMA received. Hourly and 15 mins are consolidating near 200 SMA. Lower volumes during correction in 15 mins.
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Visualising scenarios
Nikhil – I want you to have a 360-degree view of any solution. Anil – What do you mean by that? Nikhil – Explore every scenario. Be mindful of where it can go wrong. Often signs appear beforehand. Plan alternative paths to reach your goal. Anil – What if a part of the solution is dependent on an external event and I don’t have control? Nikhil – Forget that and just give your best. Course correct if required. Always view a solution to a problem from the angle of different scenarios and be prepared for course correction at short notice. Give your best and hustle well, no matter what!! ‘कौन…
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When in doubt !
Anita – I have high blood pressure Kunal – Let’s go to a doctor asap Anita – I don’t want Allopathy treatment. Homeopathy suits me well. Kunal – Allopathy will give faster relief and may also have side effects. On the other hand, Homeopathy can take a long time to heal and you will have to bear with current issues for some time. However, whatever you choose, please have complete faith in the process and follow it diligently. Do keep observing progress though and course correct if required. When in doubt of the best road for someone, suggest good alternatives with relevant facts. Let the impacted person decide the most…
