TIPBlog is close to 18 months old. Over these months, I believe I have become a better investor. Not in the context of becoming rich overnight, but in the sense that I now follow a documented process. Now, I put everything on paper (pun intended) which includes analysis, progress, decision making process, etc. It allows me to go back and evaluate my decision making process.
It has made me more disciplined. When you actually read your earlier thoughts, it gives you a starting point to measure your progress against that. If there is no documentation, it is likely that you will slip easily or make a rash decision.
In addition, I have interacted with quite a few folks who keep me busy by asking inquisitive questions. I love those questions, because they critic my assumptions, it gives a different perspective which I may have not thought about. In my view, it is impossible to think from all possible scenarios. It is humanely not possible. Since different people read this blog, the questions keep varying. Such questions bring more clarity in my analysis. Continue reading rest of this article…
On rare occasions, I have mentioned about my opportunity portfolio. I have never discussed about so far on this blog. Over the years, I have not had any tangible traction on this aspect. My wife tells me that I have failed on this subject. She tells me, I am too slow or logical or methodical to understand what opportunity means. For opportunistic, I have to be like a “hawk” to pounce on it when it comes. Well, I accept her opinion. Why? Because have you ever won an argument with your wife?
When I say, not much traction, what I really mean is, I haven’t focused on it. I haven’t spent sufficient time on it. Opportunity is too wide a definition which could probably include deep value, market timing, downturns, de-listing, arbitrages, buyback offers, etc. In my early investing years, I played with market timing with not much success. Again, I could succeed in few trades here and there, but sustainability is an issue. In my investing philosophy, sustainability and consistency over long term is not negotiable. Continue reading rest of this article…
I receive questions in my email and I attempt to respond to all of them. I tend to ignore questions that fall into the category of “looking of quick tips or opinion”. I do not mean to be rude to individuals to whom I do not respond. But I believe in being thoughtful, objective, and worthwhile in my response. If I cannot, then I just leave it as is.
Once in a while I like to sample out few questions that may be applicable to wider audience. Since the last Q and A, I received few interesting ones and I am discussing below.
Quality of the Content in Blogosphere: why is it that free content sucks! Why are bloggers repeating the same content. Do you have any blogging study reference material which has done research to show blogging quality and its ability to earn side income.
Continue reading rest of this article…
Today, I am pleased to announce that “The Income Portfolio” blog has moved to a new domain. When I started this blog in February 2009, I did not think about the importance of simplicity of blog domain. I went along with the topic and hence picked the domain name as www.theincomeportfolio.com. Since then I have received few sporadic messages highlighting the fact that it is very descriptive, long, and needs effort to type blog address. Normally, I would not make a change until I receive overwhelming feedback (or critics?). But then I decided to do a little experiment.
I picked three domain names and asked my dad, mom, wife, sister, brother, and three friends to vote on which is easiest (and simpler) to identify and type. The choices I gave them were (1) theincomeportfolio.com; (2) TIPBlog.in; and (3) NewCash.in. To my surprise, TIPBlog.in received 7 votes, NewCash.in received one vote, and theincomeportfolio.com received zero vote. That made me think there is some merit behind the feedback I received on my blog. So I decided to make a change to TIPBlog.in
I have selected tick mark as logo for this blog. Tick mark signifies correct. Even to make a tick mark, one needs bring it down first, and then go up. The tick mark logo and color combination demonstrates that in short term it may appear that dividend and value investing is negative (in red), but in long term it is always up (in green).
Continue reading rest of this article…
I have been focusing on writing about long term investments and attempting to show the virtue of patience, efficacy of well defined plan, and importance of following your own investment process. Most of the time I have focused only on dividend based investing at a fair value and I will continue doing that. I plan on adding few topics. During this next quarter, I am going to do following:
Publish Quarterly Progress Update
I have received quite a few messages that express fear factor about long term investing. Many individuals are not able to grasp 10+ investing horizon. Many cite example of Satyam and SENSEX tanking in 2008 to show that stock market is a gamble and it is just not right to think in 10+ years of time frame. For many of my readers, long term means 2 years. I find this very intriguing. In this context, I have decided to publish quarterly update of my portfolio. My objective in publishing this quarterly update will be to demonstrate to my readers, how I measure my progress, and how I manage the risk in my long term portfolio. I will be publishing my quarterly update only once. After that, I will be emailing it only to RSS subscribers of this blog. Continue reading rest of this article…
The Income Portfolio Blog (TIP Blog) has completed a little over three months. I posted few articles in last week of February 2009, but actively, I started posting from March 2009 onwards. In today’s post, I will be discussing the present status of the blog and next upcoming post tomorrow present my future direction for this blog.
It has been quite a learning experience. I feel the biggest gain from writing on this blog has been the friends I have made. This blog has allowed me to interface with individuals who share similar thought process. I have made friends with fellow bloggers and reader alike.
I would like to take this opportunity to express my thanks to all my readers and fellow bloggers for your camaraderie; I thank you for your patience ears. I thoroughly enjoy the discussion in the comments section.
In all, I have published 58 posts. The monthly break of number of post can be seen on the side bar under Archives. My posting frequency has been about 15 posts per month. In one of my earlier post, I have discussed the traffic statistics on TIP blog, so I will not repeat it again. Summary is, it does not come close to A-list bloggers, but it is a start. TIP blog had 2361 visitors and 8553 page views from April 1 to May 31, 2009.
Overall, I am happy that I started this blog. I believe I am now settled into the routine of posting regularly and selecting the topic for my posts. I am planning to make few changes. In tomorrow’s upcoming post I will discuss few points about what is my future direction for this blog.
Once again, thanks for stopping by!