Ever wondered what are the golden rules of portfolio management? How much income should you earn to retire comfortably? Whether to even buy a house or just live on rent? But how could you possibly choose and make such decisions? It takes time and resources to come to conclusions.
Worry not. We have some key advice from Kenneth Serrao, an IIM-A alumnus, who is the Founder & CIO of OAKS Asset Management Pvt. Ltd. Here, he outlines 4 key steps to a successful portfolio management.
- Knowing your investment amount and the horizon - How much money do you have to invest and with what horizon
- Choosing what to invest in - Provident Fund, Fixed Deposits, Mutual Funds, Stocks, Property, Gold, Real Estate etc. There are so many options. Choosing which investment to make is now an important decision for you to make. This is largely a function of the time horizon you have and the kind of returns you should make
- Rebalancing your portfolio - What to sell, how to book profits, what to buy next? The rule on this is simple. Be Lazy. Do as little as possible. If you focus on getting your investments right the first time – and broadly right is enough, then you don’t need to do too much
- List of things to avoid like you avoid a person with an infectious cold - The next great asset class – whatever it is – cryptocurrency, structured products created by your bank that are too good to be true (and indeed they always are), agricultural commodity derivatives and other such exotic products. As mentioned previously, don’t overcomplicate your investment portfolio
- Want to ask Kenneth some more questions and understand the concepts a little more? Introducing Stock Markets, Investing & Careers in Finance - Masterklass with Kenneth Serrao from 6th - 8th Dec 2020. This Masterklass has been rated 4.6 out of 5 by our past students. Here are some of their experiences,
- No textbook could possibly have given me these kind of learnings from such an experienced person -
Smeet Jani
- The entire course was quite enlightening ….. Ken handled it very well, by explaining everything in lay man’s terms restraining from the use of technical jargons -
Amritha Rajeev
- Overall I loved the whole setup. I thought that it would only be about the stock market and its operations but Ken touched upon a lot of other relevant things. Loved it -
Raghavendra Singh
Kenneth who began his career with one of India’s best wealth management outfits in 2001. He’s seen the ups and downs of pretty much every one of the last few cycles in India – from the ‘don’t-touch-stocks’ period after the 2000 crash to the Great Financial Crash of 2008 (he was actually sitting in the Lehman office in NYC when Lehman imploded) and the rejuvenation of markets from 2011 to 2016; he’s done it all. Who better than him to learn about investments and stock markets in this volatile markets and economy?
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