Market round the Clock.........

MARKET ROUND THE CLOCK………..

You read my blog regularly. I sure it must have given thoughts to your thinking……today I am on different subject. Name of my blog post is just like that …..Whatever comes to my mind...& suits… Me, I post…….

Today, title itself will attract you, market round the clock.It is not related to 24 hours newly opened Moll in your city. Nor any presidential proclamation/ordinance issued to keep markets opened round the clock.

It is not any physical market I am talking about.

By remaining in your house or where ever you are talking, walking, taking food excreta you are in the & with the markets.

Earlier there was only Mandis, subji mandis, bullion market, kapda market & stock market. Now the market place has grown. There are many different markets & they are connected with each other differently.

At present I am in remote village heading a branch. Accounts are opened with ration card, voter’s cards, PAN card is luxury, and this is what KYC compliance is. There is untapped potential for financial inclusion. I question myself which is real India, metros or villages. Now, I take you to metro cities which house various markets within the financial spectrum.

Stock exchanges/stock markets………

Money markets where banks deal……..

Bond markets where treasury bills, bonds with different maturities across the coupon rates are treaded……..

Forex market where in currencies are traded as commodities covering forex dealings……

Then there is commodities market it self…….

This deals with agri commodities, Base metals, Bullion, Energy.

These are all domestic markets & influence by their Global counter parts.

Global & local factors, economics activities, growth rates, currency fluctuations, supply chain, FIIs presence, global politics collectively influences the activities of these markets.

I am not connected with any broking community or any fund house but keep my self informed about financial, geopolitical factors which influence these markets their intra day movements. Old saying is knowledge is power is true in today’s environment also.

Desktop to laptop, mobile devises such as smart phones, I pad, windows based tablets Computing & Communication coming together online has fundamentally expanded the horizons of these markets.Old style markets have become history.

But with Connectivity, one can easily conclude that geography has become history. With this I proceed further.

Stock market i.e. BSE, NSE & MCX SE opens with IST at 9’O Clock in the mornings. Much before that Asian markets are opened viz. Hong Kong, Singapore. Local stock markets continue for trading till 4 noon. Wherein you can build your equity portfolio through cash segment, be active in intraday trading, go short or long in derivatives segment with payment of margin call & for mark to market call. Here you can set reasonable target with no greed for windfall profits you can make money. Separate trading window for ETF & mutual fund are available as all are under demate segment.

Forex market is important. Ordinary mind cannot understand currency movements. Even people working in operational banking & financial sectors in big corporate knows very little. The Forex markets under derivatives are open to retail investors irrespective whether they do have exposure to forex or not. Just you keep track of one currency, i.e. USD to INR. You can make money if you have appetite to take small risk & entry in to this segment is challenging. It will keep you active & agile. Also, help you to take positional call in other markets.

Just see some historic data…INR has depreciated against USD, though Us$ itself is weakening against the border currencies. It gives intra day movements at regular intervals. IST 10 in the morning till 4 noon. This markets run continuously across the globe, day is not far away when this markets in India will be round the clock.

Bond markets, earlier retail investors were not allowed; now individual player can take position in Bond markets.

One should be active in bond market. Bond prices increase when interest rates are falling .There is inverse relationship with bond prices to interest rate. There are tax free bond with longer maturities in falling interest rate scenario you make good profits. One should trade in this market too. Else, not get the feel of the transactions involved.

There is vast market under agri commodities. IST 10 in the morning till 4 noon. Do not have direct bearing or exposure to global markets. Chicago commodities market is mother of all present day organized commodities market.

You can take position in agri commodities such as cardamom, sugar, cotton, etc.  Without insisting deliveries, these markets i.e.NCDEX close at 4nnon local time. Since 10 o’clock in the morning you can deal in metal, gold, crude, natural gas till 11.30/11.55 at night on MCX.Witness huge Intra day movements when LME markets open, US markets open .Only condition is you should have discipline while taking exposure in this volatile markets.

I have talked about financial market depending upon your age profile, appetite to take risk, investigable liquid fund you have, it is worth to be active in these markets round the clock.

It not necessary you should have $1.00 billion assets to manage. Your own assets are under your own management, assets 1 million INR is ok. You are your own fund manager, devise strategies & follow them. There are number of sites available, with historic data & charts you can & should be managing your portfolio through these markets. There is need to undergo paradigm shift.

Are you getting me, its full time job?

If you are active alter, agile you will doing stress, treadmill every day, that keeps your heart healthy, brain cells active & also away from dementia & or Alzheimer diseases. 

No, I am not joking.

What ever I said about is like Harsh Bhogle speaking from commentator’s box, you have to be on the crease as Sachin or Dravid or Ms Dhoni & play your strokes.

By Ajeet Bhide

Are you Dejected, Sorry and Frustrated………

Are you Dejected, Sorry and Frustrated………

My Dear Friends, Many a times, we feel Dejected, Sorry and frustrated too….

Have you ever applied energy of your thoughts to such phenomena .Can you insulate your self from such occurrences. If it is momentary, then ok. But, if it becomes chronic, then it shall take toll of your life.

You need to protect yourself from such negative virus taking your toll. There is no antivirus software available in the market. It is your inner firewall that protects you from crash. Environment around you, your mental awareness and your conscious breathing do influence and makes required inner corrections.

You aspire for something and you are force to accept something else.

You plan for something; you are forced to abandon your plan half way.

You smell the success waiting to garland you but you end in helpless sorry situation.

Your confidence is shaken you lose faith in the system & you feel victimized by the very system with which you lived. 

You wanted a job you didn’t get the same, true with promotions and transfers.

You planned for some business venture, you try to learn with failures but at times this becomes too costly affair.

You wanted to graduate in particular faculty but you ended with less than what can inspire you.

You dreamed for handsome, good looking smart and beautiful life partner but fact is there is no compatibility among the spouse.

You’re all financial safety and discipline suddenly looses comforts.

No SWOT analysis can handle the real life situations.

Even business process reengineering becomes too clumsy.

No Management Jargons helps, no philosophical or intelligent quotes produces desired results.

There is always hope of success and fear of failures. If you are  dejected then failures, fear, worries which are product of past and future creates anticipations and you bog down to pressures, it become difficult to  withstand inner turmoil.

To combat the situation your awareness’ is important and it also needed for changes and corrections.

I have not used word attitude, I have used word awareness.

How to go for change of awareness?

Method is simple; we do use the same daily but with no awareness.That is breathing.

Pranayam is the process where in you regulate autonomous breathing function to conscious activity for few minutes.

In that. You are aware of the mechanism that produces breathing and in that awareness you move towards timeless awareness or move away from time.

You are aware that you are not breathing something else within you is breathing.

That something is the creativity within you. That is the source within you. You visit the source; you touch the source unknown to you. You derive power.

I always say to myself that my awareness with the breathing. Actually, I am in inner prayer. It is the subtle prayer with one of the Panchmahabhuta. You may call it meditation too.

Take deep inhalation, hold up to the capacity and excel forcibly with hissing sound you are cleaning the garbage of Dejection, Sorry ness and Frustration, low esteem, is it not?

Please make daily practice, it helped me, can help you too.

Ajeet bhide

What is Retirement? Different to different people.....

What is Retirement? Different to different people…………

It is that on reaching age of superannuation as per rules governing your job, you are force not to work from tomorrow.  And very next day you are tag as retired/pensioner/sr citizen excetra.This is obvious when you are working in organized sector.

Vast majority of the people are in unorganized sector earn their livelihood, with no retirement benefits or other financial benefits.

They continue to work till they can and till they need.  There is no retirement for them.

Third category is of professionals & self employed people.

Even the chronological advances people in profession still continue to do job. Same is true with politicians. They grow in experience with advancement in age & they earn respect too.

Last, house wives for them there is no retirement, they can relax when Bahu comes home. But, with modern life style this too has become daisy.

My views on retirement are different. Retirement should be conscious decision. And it should be by choice. If, you are employee then you have two choices one normal retirement and another you opt for.

Retirement is not end in itself. You need to try something else. You lived in particular way, now try differently, and take another route. Change is always good, fresh& challenging.

If you are in some position & the chair you occupy gives you respect .The moment you step down from chair you loose the hollow. You feel dejected, sorry & carry the feeling of old age.

You are treated as unwanted, used furniture in your own family. You are no more earning member of the family. You are now living on pension & interest on investments.

You associate yourself with chronic arthritics, depression, and fatigue & become perfect case of neurosis.

Retirement word do not denote, connote you are tired. But the word itself says you Retry, Reschedule life differently.

There are two factors hovers around the call on retirement. One why I should with emotional decision forgo my income or pay package in advance. Secondly, how to kill time? All alone I used to be busy in my vocation, job irrespective whether I loved it or not.  Whether job done with enthusiasm or reluctantly, I used to get regular income.

Cost of living is increasing; inflation is double digit; age is advancing & I am averse to risk taking. So there is always inertia which plays crucial role.

Understand one thing, you will and should never have your financial goals or urge satisfied. The financial goals are ever changing. Your basic financial necessities such as house, car, reasonable savings & so on are taken care of, which depends upon your own subjective definition of “enough”. One needs to take call on retirement.

 

Ideally financial planner says you must start early to build your retirement portfolio.10% of your after tax free income should go to annuities or insurances & mutual fund SIP .You should also have direct exposure in equities as an asset class to take care of inflation. They also suggest be active in bond market if, you are averse to stock. Bond market provides cushion against interest rate moving southwards.

Tell me! Whether average Indian thinks this way. He is comfortable with NSCs PPF, Insurance, Hsg loans for tax breaks, bank deposits for liquidity& safety. He follows the mantra stay invested, long in equities to reap the fruits of investment, this too has become dicey.

I have seen in my life, my Aunty was in government job. She has housed many diseases high per tension, artistries, diabetics, forgetfulness & restlessness. She was not ready to give up her job. Ultimately, she suffered dementia & forcefully made to retire. Nor she knew she retired, live apart enjoying pension & post retired life. This is an extreme case.

Life is full of target oriented, competitive& rat race is going on every where. When you work, when you perform you encounter obviously many stressor. Retirement means freedom & not running away. All along you worked for some organization, some institutions, engaged in some sort of job or profession.

There are many people their bodies are worn out so badly, they survive post retirement for very short period. People toil till last. Amass lot of wealth but they cannot carry the same with them, when they live their bodies. I am not talking philosophical but these are hard facts of life. You are trustees of your bodies.

Decision as regards to retiring is crucial.

When I told my friend, retirement means freedom, you can live life as per your choice. And I want to live my life as freelancer.

He ridicules me, “What freedom? What you are going to do”

“Whether you will be walking whole day? or

Sleeping whole day/

Eating whole day/

Roaming whole day

Watching cable whole day/or

In kitchen whole day/

On line trading whole day/

Meditating whole day/

Reading books whole day/

Cruising/criticizing/ gossiping whole day/

Playing cards whole day/

On the net/web sites whole day/”

“Don’t be in fools paradise/

What social engagement you have to cherish?”

“Not only your financial heath will be in danger but psychological heath too/ “

He may be & is right in a way too.

Great legendary Cricketer Vijay Merchant use to say ‘Right time to take a call when people ask you why you retired? before they ask you when you will retire’. Reference point may be cricketing carrier but also true with your own carrier path/life.

It is generally given as wise quote’ Don’t say Yes when you want to say No’. Keep this in mind all the time.

You have had a long journey, got enough experience with which you can definably survive. When you are post sixty, you mentally become averse to new things & changes. Right age to take a call is in the range of fifty plus to fifty five.

My, dear friends, life is not counted in money or dollars you have. No doubt money has its intrinsic value. Money brings you more comforts. In economics’ Money is defined as” Money is what Money does!’

Remember this simple sentence …….

Bhagya se adhik aur bhgyase pahile kuch hota nahi.

You are not dead wood. You are not NPA ie non performing asset as per banking terminology.

You are in and should play second inning post retirement.

Value what you can. Value your flexibility, value your stamina, your actions should bring vigor to your limbs, purpose to your sprit & power to your action.

Wishing you, all the best, don’t ponder over take a call.

By

Ajeet Bhide

You are cloud, white cloud, you are with existence….

You are cloud, white cloud, you are with existence….

First understand cloud.

You have learned in school that cloud brings rain. Not all cloud brings rain. Only black cloud brings rain. Black clouds are visible mass of liquid droplets or frozen crystals of water formed due to atmospheric evaporation of water level on the surface of Earth.

Black clouds move in atmosphere around and with certain atmospheric pressure black cloud delivers rain. The black clouds then get extinguish.

In Sanskrit’ cloud’ means Megha. Kalidas’s famous work beautiful piece of literary treasure ‘Meghadootam’. Poem with 111 verses, Kalidasa has made this as Sandesh Kavya.

Yaksha was working with Kubera at Kailash .For some wrong action yaksha was sent in exile in central India. Yashsha could not live without his beloved & was emotionally broken, wanted to send her massage ‘I miss you my dear a lot’. No modes of communication no courier, postal services, cell phones no applications like face book, Whatsapp were there at that time.

Yaksha was dejected suddenly on the very first day of Ashada mas  i.e. a month in rainy season. He saw rain cloud, black cloud passing by and requested them to carry his message to his wife Alaka on mount Kailash. I recollected this just for your remembrance.

Pink City, City of joy likewise there is place called City of white cloud. Guangzhou famous historic city in China covered with white mountains, white cloud. This has been great tourist attraction. When you move in Himalayas you get the fell of White Mountains & White clouds.This too just for your information.

Coming era they say is of Cloud Computing. It’s different from metrological definition of cloud. It is computer, IT related. Just for your knowledge.

 I live here metrological, poetic and computer related angle to word ‘Cloud”. And make move towards spiritual connection to Cloud.

Osho, the great spiritual master has beautifully used white cloud for mediation technique. He says, my way is the way of white cloud. It is just symbolic, poetic symbol indication of a deep merger in to mysteries and miracles.

You are white cloud.You are not becoming,wanting, aspiring to become a white cloud..Don’t create any relationship with white cloud. The moment you create relationship you are separate.Don’t make them wives & husband.

You cannot with your ego look at white cloud.The doors will remain closed, mysteries will not open & you will remain in a dark night. If ego disappears you become white cloud.

White cloud exist without any roots, they are grounded nowhereBut still exists. Whole existence is like a white cloud, without any roots, without any causality, without any ultimate cause,It exists.White cloud way means a pathless path, way less way.
White Clouds have no way of its own. It drifts. A white cloud Drifts wherever the wind leads, no resistance, no fight.

White cloud is not conqueror still it hovers over everything,it moves & it moves everywhere. All dimensions belong to it,all directions belong to it.Understand this very important White cloud really has no way of its own. It has no destination. No destiny to be full field, no end. Wherever it reaches is the Goal. The whole exist without any Destiny, there is no goal in it, no purpose & Whole is not moving anywhere, it is every where.

Generally, in the early Lessons on meditation it is told that Thoughts are like cloud.You are infinite Sky. Let, the thoughts Come and let them go.You are not thoughts; do not get identified with the thoughts.They are passing clouds. Just be observer, witness.Thoughts Carry emotions, felling, and projections of your Mind & contends of your mind.

Basically, you are made to understand that Clouds move in the sky but they themselves are not Sky.There is no contradiction, no over lapping. When Osho say white Cloud it's utterly empty, free of contends, it is not carrying any name or form.

It’s very simple If, wind says east, the cloud is ready;
It is already on the move towards east,If cloud is moving to the west,And wind starts blowing to east, cloud moves to the east.

If, cloud has no will, then there is no distinction which is cloud & which is wind. The boundary exists with the will. The wind & the white cloud is one, no separation, no distinction. So, be white cloud, you are existence itself.

Are you getting the essence? I have shared my understanding, it should be being.

In mundane life difficult to digest & comprehended, its journey within to without.

By Ajeet Bhide