Report – Mumbai Investor Meet

Published: February 2, 2015 at 11:37 am

Last Updated on

Yesterday, the workshop on financial planning and goal-based investing was held at Mumbai. Here is a report.

The day began for me at 3 am to catch the 6 am flight from Chennai. I don’t like text  messages before I fly. It means a delay or cancellation.  Thankfully, this one was from Subra asking for the exact location of the hotel in Dadar.

Thankfully, the flight landed a few minutes ahead of time. En route to the hotel, I received a call from P Gopalakrishnan, who along with his wife Aarthi were already at the venue (more than an hour before the start) helping out with the registration.  They were kind enough to print the list I had sent them.

When I arrived, I was overwhelmed to meet so many facebook friends and Asan Ideas for Wealth members. Fee-only planner, Melvin Jospeh was at the registration desk and helped out with the arrangement throughout the day. The fundoo.com team, who had part-sponsored the event was already there. Headed by Sharad Singh who spoke passionately about the how mutual funds are analyzed and ranked by them and his team members, Gaurav Mody and Atul Khanna.

The previous day, Jinesh Shah, Vishal Rochlani and Guru Rudagi had gone to the hotel to oversee arrangements meticulously planned and negotiated by Sundaram Ananthakrishnan. Sundaramji has organised this despite severe domestic constraints.

Abhinav Guletcha (fee-only planner) was there with his laptop for me to use. Swapnil Dalvi got his laptop as a backup. Jinesh Shah was busy with his Handycam.

There were so many others who help out: Abhijeet Dongre (who runs stock portal Eqax), Abhay Gadiyar (IFA) , Prakash Praharaj (fee-only planner) ,  Nitin Rao (who runs alphaideas.in) , Pratik Singhal, Bhadresh Shah, Chetan Raut, Mahesh Jadav, Pradip Chinnakonda.  Thank you very much.

It is because of such collective effort, that I could afford to fly in and fly out the same day without worrying about the arrangements.

Deepak Khemani (senior IFA) greeted me spontaneously with a bear hug (he prefers to call it a bull hug!) which I shall cherish.

I spoke about goal-based inflation, accounting for inflation, understanding volatility, rolling returns and how to choose a mutual fund. There were some interesting questions. I will write about some of these in future posts.

Dr. Uma Shashikant spoke about direct equity. Simple steps for stock selection. She spoke about how to use the factors that influence return on equity to evaluate and choose stocks.  I will try and modify my stock analyzer along these lines so that it is easier to use.

Join our 1200+ Facebook Group on Portfolio Management! Want to know how to reduce fear, doubt and uncertainty while investing for financial goals? Sign up for our lectures on goal-based portfolio management and join our exclusive Facebook Community

Subra spoke about retirement planning. Common mistakes made at the pre- and post-retirement stages. See his posts on this meet here and here.

Although Umaji had to leave early, she felt her task was not complete after her lecture and stayed back after lunch and along  with Subra patiently answered questions from the audience.

Sharad Singh spoke about how thefundoo.com evaluates mutual funds and gives them a star rating. Watch out for their new portfolio evaluation tool which is coming up.

Mr. Amit Trivedi spoke with great clarity on a subject which is considered dry and difficult: debt mutual funds.

I would like to thank all participants for spending an entire Sunday with us and patiently listening to us and interacting with us.

A few people have asked me how we managed to keep the registration cost to only Rs. 750/-

This is primarily because of the

  • efforts of Sundaram Ananthakrishnan who spent several hours at the hotel and negotiated with management
  • instantaneous sponsorship of Sharad Singh via thefundoo.com
  • generosity of the speakers, Umaji, Subra and Amitji. They did not ask to be compensated in any way for their talks.  I am confident that those who heard them realize the true value of their presentation and cherish the time spent yesterday.

Please see threads on facebook group, Asan Ideas for Wealth for a few photos taken by the participants.

 

Do share if you found this useful
Join our 1200+ Facebook Group on Portfolio Management! Want to know how to reduce fear, doubt and uncertainty while investing for financial goals? Sign up for our lectures on goal-based portfolio management and join our exclusive Facebook Community

Hate ads but would like to support the site? Subscribe to our ad-free newsletter and get beautifully formatted full articles delivered to your inbox!

About the Author

Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice.
He conducts free money management sessions for corporates and associations on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association. For speaking engagements write to pattu [at] freefincal [dot] com

About freefincal & its content policy

Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. We operate in a non-profit manner. All revenue is used only for expenses and for the future growth of the site. Follow us on Google News
Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any kind of paid articles, promotions or PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)

Connect with us on social media

Our Publications


You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingThis book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.
   

Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want

Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

Your Ultimate Guide to Travel

Travel-Training-Kit-Cover-new

This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when traveling, how traveling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)  

Free Apps for your Android Phone

Comment Policy

Your thoughts are the driving force behind our work. We welcome criticism and differing opinions.Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

32 Comments

  1. Thanks Pattu, for sharing the update and acknowledging all the folks. Together the better 😉
    Was this event video captured and is there a plan to share it..

    Thanks

  2. Thanks Pattu, for sharing the update and acknowledging all the folks. Together the better 😉
    Was this event video captured and is there a plan to share it..

    Thanks

  3. Hi Pattu-It was Great Meeting and Listning to You in RAPT ATTENTION …..You Did ROCK and I learned a Lot From Your Input As Well .

    My Salute To Our KING 🙂

  4. Pattu sir,
    This was really enlightening session. Specially for me, who never heard financial jargon six months before. This session just sowed a seed which will definitely be a big tree after certain "long number of years".

    I really like to thank you, Uma Madam, PV Subramanyam sir, Sharad singh sir and amit trivedi sir for helping me and my brother Abhijeet Jadhav).

  5. Excellent seminar and a big thanks to all the guys mentioned above who made it possible. Totally worth my time and money! The core message I've taken away from it is that we unnecessarily make investing more complicated than it needs to be. I found the rolling return graphs that you showed a very useful tool. How do you make them up – where do you pull the basic data from?

  6. Pattu Sir,

    First of all let me clarify that even though I had volunteered myself for this meet, I didn’t do a bit of it except for attending the workshop.

    I thank you all great humble human beings for sharing your knowledge and experience which enlightened all of us. Once again thank Sir Pattu for organizing this event, Mam Dr. Uma, Sir Subra, Sharadji & Amitji for making this a success.

  7. Hello Pattu Sir, When is the Delhi Investor meet? I am eagerly awaiting the event after going through the details of Chennai and Mumbai meet.

Leave a Reply

Your email address will not be published. Required fields are marked *