Changu Mangu The Bull - Portfolio

[valuestudent]

Update…This is my now my 100% confirmation of the mind’s processing of thought’s, have mentioned this years ago in behavioral finance…

The last book you read influences you, way, way, way, too much. Keep this in your arsenal please, if this post makes sense to you.

If you read Ben Graham last, it will influence you a lot, if you read Phil Fisher last, it will influence you a lot. actually most, or any other book, last read.

if you read Micheal Porter last, it will influence you the most.

Food for thought… process and decide why you do what you do, what financial decisions do you make, after reading a book.

Love and regards.

K.

[valuestudent]

AI Responses (ChatGPT and Grok)

This thread is created to only get a reasonable responses from AI models to help decision making. Post any questions. I have access to paid subscriptions for both of them, at the moment. In the future, I may add more subscriptions, or cancel any of them. I today bought the Nestle ADR USA (at around 4% dividend yield, and also Altria, 6.5% or so dividend yield), while I also bought Nestle India a month ago, listed on Indian exchanges. Last month I also bought Coal India and NMDC and NMDC Steel…

For any members following the thoughts in this thread.

I reserve the right to e wrong, and the right to be right,

Personal opinions. Not SEBI advice. Not a SEBI registered agent.

Personal thoughts, Not investment advice.

[valuestudent]

@valuestudent

Why am I buying “selectively chosen” dividend stocks, in India and US markets, will be answered in my next post.

Is was a question I pondered over for months.

I realised (speaking for myself) that what I am looking for is

1. 10-11% returns.
2. Regular Income.
3. I do not want to depend upon stock market quotes for figuring out what is my net worth. I just need to make sure I get enough dividends from my holdings that I do not need to depend on stock price quotations of Mr. Market. Do not want to sell stocks during periods of low prices to run my expenses if it comes to it.
4. I do not want to worry about hyperinflation. So good dividend stocks are FD’s with an optionality. They keep you protected from inflation.

Say, the markets go in a flat or downtrend for 2-5 years (has happened in every stock market before, and will happen in the future)

So I will at some point become a senior citizen and I have 2 options if it comes to that point, whatever the capital (cannot predict what my exact net worth will be 10-15 years down the line). Sell stocks if needed, to run the household, (if it comes to it) even at low valuations, or chill with dividends, whatever the valuation stated by Mr. Market at that point is, and not think about the it, either way.

Now government has made dividend taxable at the hand of shareholders. It is counted as income just like rental income etc. Upto 12 lacs is tax free.

So 2 Cr worth of stocks in my demat and 2 Cr worth of stocks in my wife’s demat gives us 24 lacs a year (approximately) tax free. If I am lucky to get even more dividend income I am happy to pay the tax on that :) Why not, I got more money.

The US investing is being done by a non Indian entity, so all the dividends I accrue from the US are tax free. If you do some research, you may get what I mean. That looks like it is going to be 40-50K USD per year.

Now, whether the markets are high, reasonable, undervalued etc, just determine what I do with some investments outside India since I will not touch my India investments.

Just sharing my random thought process on which I am betting the bank.