A Financial Blog about Financial markets, economics and other topics.

Sanjeev Mistry

December 4, 2014

 

My name is Sanjeev Mistry and yes I am blind but have a strong passion for investments, economics and business. My background is in Finance particularly in investing but in general I have good knowledge in business related issues. I got my MBA in Finance and have been investing in the financial markets for over ten years and have done okay but over time I have learned a lot about money management, planning for the future and know that sometimes the unexpected can change the trend of the market and economy faster than any policy. I have worked in a large public pension institution for the city of Los Angeles and perhaps the biggest thing I have learned is the importance of well-defined investment strategies and complying with set ranges in asset allocations. In this blog I hope to share some of the things I have learned from my experiences in investing given my disability, portfolio management strategies, asset allocation and other business topics.

 

First, before discussing portfolio management or asset allocation, one must realize that before investing in any asset, he or she should take a comprehensive look at their overall finances. For example do they have enough money to cover basic expenses, pay the mortgage, save a portion of their earnings for a “rainy day” etc.? Investing should only be done if one has some excess cash that they will not need in the near future and can afford to invest over a longer term horizon. Note: one point I must make short term investing will not be the primary focus of this blog. Next once the individual has done an overall assessment of their finances perhaps using a financial adviser then additional questions need to be answered. For example what are my goals in investing (I.E) what level of return am I willing to achieve for a given amount of risk, risk tolerance, how many years do I have of “peak earnings” left, and what kind of assets would I feel comfortable investing in. Once these questions are answered then an individual by him or herself can construct an investment strategy or with assistance from a financial adviser can develop a plan to help the individual reach their goals.

 

All for now, next week I will discuss some thoughts about the current market and some comments on U.S. equities strategy.