Fundamental Investor

Master the art of Value Investing in the Indian Stock market. With right perspective, understanding of Stock Market Fundamentals & Basics, we can identify Multibaggers and evolve towards Wealth Creation. Are you ready to Learn and Own Businesses? Welcome aboard !!! Lets learn, serve and grow together - Your own Fundamental Investor

Thursday, 13 September 2018

My Inflation & Balance Sheet !!!

Dear investors & friends,

Hope you are having a wonderful time - in Personal life, Work Life & of course, Equity Markets :-)

Most of us always try to understand Businesses. We talk about Investing. Focus on Returns. But, what about our Spending Habits? What about our Balance Sheet? What about our Personal Inflation?

Our Spending Habits play a Vital Role in our Financial Independence Journey. In a world of Easy Debt, Free Credit and Fancy Products, it is very easy to drown in Unnecessary Spending. Heavy discounts, Eye catching marketing & Catchy Punchlines are highly illusive and addictive. Online Window Shopping turns into Impulsive Buys. Most of us, FALL :-)

Knowing our Spending Habits is very very Important in our journey. Spending is NOT Bad. Money is, after all, a Means to Buying anything. Some of us believe in Frugal Living while some believe in Luxury. End of day, there is no Right or Wrong. 

But... If we do not understand how our Money is moving out, we will never be able to chart a clear plan towards Financial Independence. Our Personal Balance Sheet is most Critical :-)

I had couple of interactions with my dear friends (Amit Gadre & Dhruv Girdhar) who have been contributing to the investor community immensely with their experiences. We discussed in good detail on above topic.

Here are the interactions (to listen and read).

Podcast with Amit Gadre (@Longterm_wealth)

Interaction with Dhruv Girdhar (@RichifyMeClub)

For the last 7 years, every single day, I have been noting down my expenses. Yes friends. Every single day. I do not miss a single expense. Even if I spend 21 rupees on milk, I note it down. Or a train ticket. A Pair of slippers. Or even a bunch of Spinach or some chillies :-)

Every year, the Government puts out an average Inflation percentage. I always wondered. Is that percentage relevant to us? That percentage is an average of all the industries. Is that percentage applicable to me personally?

I believe that our Personal Inflation is more Relevant. It is Key to understand how our Expenditure increases every Single Year. Are we buying things we cannot afford? Are we overspending in some segments? Are we buying things which we do not need currently? Can we learn from our spending habits?

To account for our Spending, we need to start taking Responsibilities in our family. Once we start earning, let us take that responsibility slowly from our parents. Let us personally get involved in buying groceries, vegetables, pay bills & salaries for house help. With great Responsibility comes great Understanding. And with great Understanding, comes an Independence...

Here is a link of the excel I have been using for the last 7 years.

Click here to View the Sheet


1. First Download the Excel Sheet

2. I have split expenses as:

- Fuel
- Movies/Dinners
- Groceries/Vegetables
- Mobile/Internet
- Gas
- Newspaper
- Electricity/Water
- Salaries (For household help)
- Miscellaneous (Any expenditure which is not regular)

3. Feel free to add any rows, if it is needed

4. Some information about sheet:

- Row 1 is SUM of each entry
- L4 = Misc expenses
- J1 = Regular Expenses
- K1 = Total Expenses

5. I have created sheets until March 2019 (You can create sheets yourself by Copying Sheet and Renaming)

6. I have a Graphs sheet where I have backlinked to items in each sheet. The Graph shows a Plot of how our expenses are. It also gives us an average of Spending. It gives us a good direction.

7. I have a sheet for LPG to let me know how efficiently we are using the Gas.

I hope this sheet helps you to maintain your expenses and understand yourself better. The important thing is not to use MY SHEET. It is to begin accounting in any way you are comfortable with.

Knowing OneSelf is the First Step towards Financial Independence. And a very very critical one..

So in summary:

- Knowing Our Inflation

- Knowing Our Balance Sheet
- Knowing Our Spending
- Taking Responsibilities Early

is key in our journey to Financial Independence.

Let me know if you have any queries. My best wishes...

Please leave your comments below on this topic.

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Good luck,
Fundamental Investor

Saturday, 30 June 2018

Magic of Dividends - The Real Return !!!

What are Dividends? Are Dividends Useful? Are Dividends Significant? What Impact do they have? Can they, over a period of time, cover Basic Expenses? Can Dividends Compound? Read on...

Saturday, 18 November 2017

Compounded Annual Growth Rate - CAGR

Ever come Across Following Phrases?
- Our Company has given 33% CAGR Returns in last 30 Years.
- If you had invested in our Mutual Fund Rs One Lakh in 2000, you would have 22 Lakh in 2017 - A Mind Boggling 20% CAGR in last 17 years
- This Company can Grow at 66% CAGR for next 10 years

And they follow this with Disclaimer - Read Offer Document Carefully before investing :-)

What is CAGR Really? Are these Statements Really as Awesome as they Sound? Read on...

Friday, 13 October 2017

Annual Reports FY 2017 Key Highlights

Dearest investors and friends,

How are you all doing? Hope you are all compounding wealth peacefully and steadily.

Apart from the Google Group & MMB, recently, I have been connecting with Investors in Twitter which is a wonderful platform for quick updates. I hope, through these channels, anyone can connect with me at ease and we can have good discussions.

If you like the collective work below, please take a moment and to Like & Retweet this link so that many more of your followers can also benefit.

Click to Retweet 

#AnnualReport #Notes 2017 for #Investor #Community

Click on the below Box for Annual Reports FY 2017 Key Highlights.

Please share the link to your circles on Emails, Whatsapp Groups, Twitter, FB etc so that more and more investors can read, understand, benefit and maybe help by contributing some more Notes.

As of today, the following companies have been covered:

- Piramal Enterprises Ltd
- Indiabulls Housing Finance Ltd
- Edelweiss Capital Limited
- Ujjivan Financial Services Ltd
- Advanced Enzyme Technologies Ltd
- Cupid Ltd
- Avenue Supermarts Ltd
- LT Foods Ltd
- Alembic Pharmaceuticals Ltd
- Finolex Industries Ltd
- V-Mart Retail Ltd
Granules India
- Avanti Feeds
- Murudeshwar Ceramics
- Manappuram Finance
- Maharashtra Scooters
- Future Enterprises
- Cadila Healthcare
- Omkar Speciality Chemicals
- Future Retail
- Virinchi Ltd
Rain Industries Ltd
- Caplin Point Laboratories Ltd
- Vakrangee Ltd
- Nitin Spinners Limited
- Multibase India Ltd
Maithan Alloys Ltd
- IG Petrochemicals Ltd
- Mold Tek Packaging Ltd
- Siyaram Silk Mills Limited
- BSE Ltd
- APL Apollo Tubes Ltd
- P I Industries Ltd
- Jamna Auto Industries Ltd
- KEI Industries Limited
- Raymond Limited
- Spicejet Limited
- Tata Global Beverages Ltd
- Hikal Limited
- Ambika Cotton Mills Ltd
- Persistent Systems Limited
- Motilal Oswal Financial Services Limited
- Alankit Ltd
- Aurobindo Pharma Ltd
- Navneet Education Ltd
- Byke Hospitality Ltd
- Trigyn Technologies Ltd
- Bharat Bijlee Ltd
- Nesco Ltd
- Pondy Oxides and Chemicals Ltd
- Gujarat Narmada Valley Fertilisers & Chemicals Ltd
- Anjani Portland Cement Ltd
- Majestic Research Services and Solutions Ltd
- Strides Shasun Ltd
- Karnataka Bank Limited
- L&T Finance Holdings
- Dilip Buildcon Ltd
- Century Plyboards India Ltd
- Vikas Ecotech Ltd
- Centrum Capital Ltd
- Oriental Carbon and Chemicals Ltd
- Time Technoplast Limited
- Sanwaria Agro Oils Limited
- Eimco Elecon Ltd
- Sharda Cropchem Ltd
- Fineotex Chemicals Limited
- Accelya Kale Solutions Ltd

Every week, Ill be updating you with more and more companies prepared by Friends and Investors.

Enjoy the Read. Let us know you thoughts.

If you happened to like this work and want to continue learning, please subscribe for free email updates by clicking on the box below

Good luck,
Fundamental Investor

Saturday, 5 August 2017

Retire Early with Financial Independence !!!

Retiring early !!! Financial Freedom by 35. Sounds like a Dream, isn't it? Can this really be achieved? Can we start from Zero and still achieve it? If yes, HOW? Read on...

Saturday, 8 April 2017

One Night Stand in the Stock Market !!!

How many of us have a one night stand with a stock, then move on to date another and then another and never settle down? How many of us even end up blind dating a business due to excitement? How many of us marry an evolving stock and live with it, take its support, use its strengths, remain in downs and ups and value it? In our investing journey, we always have a dating phase. But many of us remain in the dating phase and never move to the next level which actually makes us wealthy. Read on...

Sunday, 19 March 2017

Fundamental vs Technical Stock Picking

Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form of betting your money? Is only investing with Fundamentals in mind enough? Read on to get more clarity...

Saturday, 21 January 2017

Diversified vs Concentrated Portfolio !!!

Portfolio Structuring is key to Wealth Creation. Which Portfolio works better? Is it Diversified Portfolio or Concentrated Portfolio? What are the advantages and risks associated with either? Read on..

Friday, 14 October 2016

Pledging of Shares and its Impact

In the Shareholding Pattern of Listed Businesses, we see a section called Pledged/Encumbered shares. Ever wondered what it meant? Who pledges shares and to whom? Why does this happen? What's the impact? What should we do? Read on...