Investment tips from Richa Karpe

April 29, 2014 - PRLog -- Ms Richa Karpe - the Director, Investments, at Altamount Capital Management looks after the asset allocation for clients in Multi Family Office space, urges investors to stay away from trading in stocks without the advice of a financial consultant. After a six-year stint at Morgan Stanley and a run with the wealth management arms at Lloyds TSB Private Banking, London and Standard Chartered Bank, Mumbai, To reap inflation beating returns, her strategy is to invest in equities and real-estate.

With a family of her own, her idea of money has changed to a qualifiable goal tied with responsibility towards her family and business. According to her, money means the best education for her kids, quality health care for family and investment for business. In her busy lifestyle, her top financial goal remains to get the best education for her children and also a holiday home. Equity and real-estate garner the maximum share in her investments says Richa. About 60 per cent of money is divided equally between the two. Besides, she has also invested 15 per cent of her savings in private equity and about 5 per cent in art. Bank deposits, savings bank and gold & silver form the rest. Her most successful investment has been in the real estate investments in Mumbai and London which have worked exceptionally well. The other investment instruments which have worked well are mutual funds. Some investment tips that she suggests to all investors are –

* She advises to stay away from trading in stocks directly without the advice of a financial consultant.

* Do not try to time the market when it is at an all time high

* Do analyze fundamentally the stock tips and trading ideas

Some investment books that she highly recommends are Value Investing: From Graham to Buffett and Beyond'. The other interesting book that she suggested  is ‘Liar's Poker', a non-fiction, semi-autobiographical book by Michael Lewis describing the author's experiences as a bond salesman on Wall Street during the late 1980s. She advises the investors to start young, and have clarity on the goals. This, combined with a 5 to 10 year view on investments will help. The other aspect is to start saving a certain percentage of salary/income every month for family, which may get bigger in later years. When family and other commitments come into play, it would be an easier task to tide over and manage the pressures of day to day living.

To know more read http://www.thehindubusinessline.com/features/investment-w... and read about Sachin Karpe at http://karpesachin.info