Good Fixed Income Option – Proposed ECL Finance Ltd. (Edelweiss) Public Issue – Secured NCDs
Dear Friends, ECL Finance Ltd is proposed to come up with a 800 Crore Secured NCD issue shorty. The issue has been rated “AA” by CARE and ICRA and instruments rated “AA” and above are recommended for investment by PenguWIN. The interest rates for 3 years, Annual Interest option, is expected to be around 10.45% and 5 years is expected to be around 10.6%. RBI is expected to cut down the interest rates further...
Equity Returns in the Long Run
Dear Friends, When I had made a conservative assumption of 16% Returns from Equity Mutual Funds for the next 20 years in PenguWINs SIgaram page (https://penguwin.com/sigaramsip-kodeeswaran/ ), many people were curious to know the basis for the same and I thought I will try and explain the same. To be able to articulate the basis of 16% ROI, I need to explain a few jargons including GDP, Real and Nominal Rate, Corporate Earnings and...
Attaining Financial Freedom
Dear Friends, Wish you a very happy Republic Day! The “SIgaram” page (https://penguwin.com/sigaramsip-kodeeswaran/) that we dedicated for Systematic Investing during Pongal was quite a hit among investor community such that the server that hosts the PenguWIN website choked because of unprecedented traffic and I had to reach out to GoDaddy (hosting provider), to upgrade the hardware. I hope that the interest that was generated among people actually motivates them to start investing for long...