Model Portfolio Performance Review - 2016

On 21st March 2016, model portfolio completed its 3rd year of existence. Though last year was quite challenging for few stocks due to global commodities melt down, 2017 is expected to be quite good in terms of portfolio performance as the stocks in the model portfolio has deep value and are backed by hard assets on ground.

The detailed performance review of the portfolio at market value as on 21st March 2016 is given below:

Post Office Small Savings Rates - Ready Reckoner

Govt of India has decided to review small saving schemes rates at Post Office on a quarterly basis instead of revising the rates once in a year. 

For the quarter effective 1st April 2016 to 30 June 2016, the rates have been reduced by 0.4% to 1.3% depending on the saving scheme. You can download and print the post office rates in India ready reckoner pdf from the following link:

Life is just an employer - Why ask less?

Jessie Belle Rittenhouse in his very inspirational poem "My Wage" termed Life as a generous employer from whom you can get whatever you ask for. If you ask for penny you will get penny and if you ask billion you will get billion. Life gives you exactly what you ask for. The poem also got featured in the very famous book "Think and Grow Rich" by Napoleon Hill.