Smart ways to invest and attain early financial freedom

I get a feeling quite a few of my readers do not know that I have a Private mailing list for equities. Whenever I buy or sell a stock, I share it with this Private mailing list for equities (I call it PMLE). I believe that equity investing is not for everyone and hence, by design, I have reduced sh
Friends - Today, March 14th  is the record date for dividend payment.  The stock price is currently at Rs. 24.35 as I blog. On 15th, post the dividend record date, the price is expected to go down by Rs 1.50 - to Rs. 23.00. Obviously the price did not meet our expectations of Rs 26-30. If you bought it at around Rs 22 - two weeks back - then you have made a tax free dividend of 6.8%. Assuming you sell it at Rs 23.00, then you have made a pre tax capital gain of 4.5%. This is far below what we had hoped for - but a 10% return in two weeks not bad.
Selling a stock is trickier than buying a stock.There are no clear guidelines.And so here are my thoughts on Noida Toll bridge exit.If you have bought the stock at Rs 22 or below in the past week – you have already earned a Rs. 1.5 dividend that is tax free (6.8% tax free returns on a purchase price of Rs. 22). For getting this dividend, you will need to stay invested till March 15th.
This idea originally came from Jatin Khemani – an equity analyst and my ex-student  - he surely knows more about stocks than me. So this blog post is dedicated to Jatin. The Noida Toll Bridge linking Delhi and Noida is run by listed company called Noida Toll Bridge Company Limited.  This company, as one can imagine, has a very simple business model  -it spends on maintaining the toll road and gets revenue from people who use the toll road. With increasing traffic in Delhi, their revenues are growing and so is their profits.
The Congress and BJP have joined hands to pass the Food security bill yesterday. There is a general belief that this bill is a vote security bill for politicians and will lead to massive leakage of tax payer’s money.  By spending INR 1.3 trillion per annum on this scheme, the govt would have less to spend on wealth creating assets like infrastructure, education and health. The massive govt purchases of food grains for this scheme will leave less food grains for the open markets and that would mean food inflation and the operational inefficiencies would also mean that the poor won’t get their food. Not surprisingly the Rupee saw its steepest single day decline in the past 17 years (of 2.84%) and the