Blog

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September 13, 2016

Home based business is blessing for the housewives and moms. Home based business ideas can be started with low investment and require very less time. Nowadays many housewives and moms are looking for home based business. They are keen to earn more money by doing part time business in the spare time. In order to help them, I am here with 15 Best Home Based Business Ideas. These ideas are somewhat flexible in nature as being a housewife you need to give sufficient time to your family and children. So, let’s take a look at best home based business ideas that can make you financially independent.

Home Based Jobs

15 Best Home Based Business Ideas for Housewives & Moms

Cooking based business Ideas for Housewives & Moms

Chocolate Making

Chocolate making is evergreen home based low investment business idea. As per me, it is a perfect business for the housewife. In order to start this business, you need a license as food manufacture from FSSAI. In this business, you need to make chocolates and sell. You will need a help from someone as you need to wrap the chocolates to make it attractive. In order to sell the chocolate, you can tie up with shopping malls or local grocery shops.

Capital required for chocolate making – Rs 5000 – Rs 10000

Expected profit margin – 20%

Also Read – 40 Part Time Business Ideas from Home Online & Offline

Cake Making

The second home based business idea is cake making. Cake making doesn’t require many resources, tools or equipment. You just need skill and training for cake making. You should be extremely good in making a cake in order to withstand in the market. Selling of cake can be done from home. In addition to that, you can tie up with local bakeries to increase the sell.

Capital required for cake making – Rs 5000 – Rs 10000

Expected profit margin – 20 – 30%

Cooking class

The third business idea for the housewives and mom is a cooking class. It is pure ladies based business idea. In order to start cooking class, you should be very good at a culinary skill. You also need small space at home along with multiple cooking facilities to start this business.

Capital required for cooking class- Rs 20000 – Rs 25000

Expected profit margin – 30%

Skill & Product based business Ideas for Housewives & Moms

Candle Making

The next home based business idea for housewives is candle making. Candles are widely used nowadays not only for religious purpose but also as a decorative item. To start this business you need to learn a technique of making a candle from wax. You can refer a book or attend a training program for the same.

Capital required for candle making – Rs 10000 – Rs 15000

Expected profit margin – 15-30%

Greeting Card Making

Greeting card making is small home based business. Demands of greeting cards are increasing and greeting cards are required on almost every occasion. So, starting a greeting card making business could be very good bet. This business requires less capital and more creativity.

Capital required for greeting card making – Rs 500 – Rs 2500

Expected profit margin – 40%

Customize Cloth making

The next home based business for housewives is cloth designing. This business requires more money as you need to procure multiple types of equipment and you also need manpower for making customize clothes. You can create a facebook page or WhatsApp group in order to sell these clothes.

Capital required for Customize cloth making – 1 Lac

Expected profit margin – 30%

Blogging

Blogging is most popular home based business for everyone including housewives. In order to become a successful blogger, you need to be very good in term of content creation and knowledge. Today blogging is a primary source of income for many.

Capital required for Blogging – Rs.5000

Expected revenue – Variable

Silver Jewelry Business

Jewelry is one of the most favorite topics of ladies. If you love jewelry and ready make a small investment you can start your own silver based jewelry business from home. It is a profitable business. However, it requires time to establish yourself in this business.

Capital required for Blogging – 1 Lac

Expected profit margin – 40%

Also Read – 20 Online Data Entry Jobs from Home

Service based business Ideas for Housewives & Moms

Match Making

Matchmaking is a simple business that can be started from home. You just need biodatas of unmarried male and female candidate to start this business. You need to give very less time to this business.

Capital required for Match Making – NIL

Expected Revenue – Variable

Account Keeping

If you are a commerce graduate with expertise in accounting you can start home-based accounting business. Many small companies are looking for people who can effectively manage account and prepare a balance sheet for them. It is an evergreen business without any investment.

Capital required for Account Keeping – NIL

Expected Revenue – Variable

Form Filling or Data Entry

Computer savvy super moms and housewives can go for form filling or data entry operation business. Many websites offer job-related to form filling and data entry. You will be paid once you complete the data entry job.

Capital required for Data Entry – NIL

Expected Revenue – Variable

Beauty parlor

The beauty parlor is best part time home based business idea for housewives and moms. You need to take training before starting a beauty parlor. It requires a time to establish yourself as a good beautician.

Capital required for Beauty parlor – Rs.25000

Expected Revenue – Variable

Other business Ideas for Housewives & Moms

Tuition Class

Tuition class is next small business ideas that can be started from home. Teaching and learning skill is a must in order to start this business. Initially, you can start with few students, with growing demand you can plan to convert your small tuition to big coaching class.

Capital required for Tuition Class – Rs.5000

Expected Revenue – Variable

PTC Jobs

If you are good at operating computer you can plan to take up PTC Jobs offered by various websites. PTC job means pay to click job. This type of job will pay you money for clicking and viewing an advertisement.

Capital required for PTC Jobs – NIL

Expected Revenue – Variable

Also Read – 10 Online Career You can Start Today without Money

Play Group

The demand of play group is increasing in many cities in India. If you have a suitable place and money for investment this business is for you. In order to start this business, you need to decide play school course and take appropriate permission from the government. After doing that you need to buy all kind of play school equipment like furniture, toys, educations aids etc. Once it is done you need to recruit staff for the play group.

Capital required for Play Group – 2 Lac

Expected Revenue – Variable

10 short term investment options in India

Investment

Shitanshu Kapadia

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September 6, 2016

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A short term investment is one where investment is made for the shorter duration in order to meet short term goals. Let us take an example if you are planning to purchase a new bike after one year and you want to make an investment for the same. It is called as short term investment. In above example purchasing a new bike is short term goal and duration is 1 year.

Short term goals include anything for which you need money in the near future. Few examples of short term goals are given below.

A family vacation in India or abroad after 1 year.
Money requirement for child’s education after 3 years.
Purchase of new vehicle after 2 years.
Renovation of house after few
Buying a gift for your family member
Any other short term goal

The duration of short term goal varies from person to person. However, generally goals up to 3 years’ of time duration are called as short term goals.

Also Read – 10 Best Stocks to buy for the long term

So, if you are ready to invest your money for your short term goal here is 10 short term investment options. These short term investment options are expected to give moderate returns along with liquidity for the withdrawal of funds. Go through all short term investment options given below and select best options based on your financial goal and investment strategy.

short term investment

10 Short term investment options

Safe Short Term Investment Options

Saving Bank Account

Saving Bank account is safest short term investment options in India. Saving bank account can be opened at any bank any time. In general saving bank account offers 4% interest rate. However, few banks like Yes Bank, Kotak Bank offers higher interest rates up to 6%.

Auto Sweep Account

The second best short term investment option is to keep your money in saving bank auto sweep facility. Auto sweep facility enables you to earn additional interest on the excessive money. You can earn up to 9% interest rate by enabling auto sweep facility.

Short Term fixed deposit

Fixed deposit is most favorite short term investment option of many individuals. Fixed deposit scheme offers a fixed rate of interest from 6-9% based on time duration. The Fixed deposit can be opened with any nationalize or cooperative banks. Interest earned on fixed deposit is taxable.

Recurring Deposit

If you are looking for safe and reliable investment option you can consider recurring deposit. In recurring deposit, you need to deposit money every month. Recurring deposit duration varies from 6 months to 10 years. You can open recurring deposit at a post office or at a bank. The interest amount earned on recurring deposit is taxable.

Fixed Maturity Plans

Fixed Maturity Plan is short term investment option. FMP is closed ended debt mutual funds. FMP is available from 15 days to 5 years duration. Some FMP has a lock-in period of 3 years. FMP is similar to fixed deposit and offers fixed type of returns.

Also Read –10 Best Investment to get regular monthly income

Risky Short Term Investment Options

Company Fixed Deposit

The Company fixed deposit is next in the list of short term investment option. The Company fixed deposits are offered by big corporates in order to raise funds. The Company fixed deposit offers higher interest rate compare to fixed deposit. However, it is considered as risky investment options.

Debt funds

Debt funds are type of mutual funds that invests in fixed income schemes like bond etc. There are numbers of debt funds available in the market. Debt or income scheme provides regular steady income to the investors.

Equity Linked Saving Schemes

Equity Linked Saving Scheme is popularly known as ELSS. ELSS is one of the best short term investment options for tax saving and investment purpose. ELSS provides tax-free returns in the range of 12-14%. However, ELSS has a lock-in period for 3 years.

Balance Mutual Funds

If you are moderate risk taker you can plan to invest in balance mutual funds for a shorter duration. You can expect 10-12% return from good balance mutual funds.

Gold

The last short term investment option is gold. Gold can be a good hedge against inflation. However, Investment in gold is a risky affair and you may end up losing money in shorter duration. Invest in gold only if the duration of investment is two years or above. It is advisable to invest in gold via gold ETF.

The short term investment options mentioned above might not give you very high returns, however, it will defiantly give you moderate returns.

So, what are you waiting for select short term investment option as per your requirement and enjoy the fruits.

Do share your thoughts and ideas about short term investment options. It might help other investors.

If you are planning to invest for the longer duration you can go through our one of the most popular blog post – Top 10 long term Investment options in India.

Porinju Veliyath Portfolio Holdings 2024 – Success Story of Porinju Veliyath

Stock Market

Shitanshu Kapadia

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September 2, 2016

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Porinju Veliyath is one of the most successful stock market investors of India. He has made his own fortune in the Indian stock market. The success story of Porinju Veliyath is quite interesting. From a homeless person, he has become one of the most respected value stock picker of India.

Porinju Veliyath recommendations of stocks are followed by many investors blindly. Porinju’s success story is an inspiration for many investors who are seeking success from the stock market.

Porinju Veliyath Portfolio Holding Success Story

Success Story of Porinju Veliyath

Porinju Early Life

Porinju was born on 6th June 1962 into a lower-middle-class family in Kochi. His early life was full of challenges. His family faced deep financial problems when Porinju was 16 years of age. The condition was so bad that the home in which they were staying had to be sold off to repay the loans.

At a young age, porinju decided to do a job in order to support his family. He joined a small private firm as an accountant. He was getting Rs.1000 as a salary. As his salary was not enough to fulfill the basic need of his family, he decided to look for another job. His second job was at Ernakulam Telephone Exchange. His salary was Rs. 2,500. Porinju continued his study along with job and completed his study in Law. After getting a degree in law he started looking for a better job. However, he could not find a good job for few months. Later he decided to move to Mumbai. He moved to Mumbai in 1990.

Porinju Journey in Stock Market

Porinju Veliyath immediately got a job after reaching Mumbai. He was appointed as a floor trader at Kotak Securities. The stock market was a totally new field for Porinju. However, within few days he learned in and out of stock market and he became an expert trader. He worked for 4 years with Kotak Securities and gained a lot of knowledge about the stock market. In July 1994, he left Kotak and joined Parag Parikh Securities as a Research Analyst and fund manager. He was instrumental in this job for the next 5 years.

In 1999 Porinju Veliyath decided to move back to Kochi as he was unhappy with the quality of life in Mumbai. After returning to his hometown he decided to make money from the stock market on his own. He made his first major investment in “Geojit Financial Services”. The stock was trading at a very low value at the time. Everyone was surprised with his decision. As everyone thought that it is a bad penny stock. However, investment in Geojit Financial Services has given a multifold return and Veliyath was able to buy back house and land that his family had to sell off earlier.

In 2002 Porinju started his own portfolio management firm Equity Intelligence. Today this company is managing a portfolio of some of the leading businessmen, successful professionals, and even ordinary people.

Also Read – Best Portfolio Management Services (PMS) in India

Porinju Veliyath Portfolio Holdings

Fan and followers of Porinju always seek information about his buying and selling activity of him. In order to help them here is a comprehensive list of Stocks held by Mr.Porinju.

Stock	Holding Value	Qty Held
Aurum Proptech Ltd.	67.0 Cr	3,535,000
TAAL Enterprises Ltd.	11.6 Cr	40,000
Kaya Ltd.	19.7 Cr	384,500
Mitsu Chem Plast Ltd.	2.8 Cr	200,000
Centum Electronics Ltd.	20.2 Cr	130,000
Kokuyo Camlin Ltd.	17.7 Cr	1,010,100
Orient Bell Ltd.	20.9 Cr	543,512
Duroply Industries Ltd.	15.8 Cr	546,263
Ansal Buildwell Ltd.	2.3 Cr	150,000
AeonX Digital Technology Ltd.	2.0 Cr	140,000
P G Foils Ltd.	2.4 Cr	125,000
Kerala Ayurveda Ltd.	21.0 Cr	623,000
RPSG Ventures Ltd.	35.4 Cr	460,000
Max India Ltd.	14.5 Cr	450,000
Ansal Properties & Infrastructure Ltd.	–	–
Allcargo Gati Ltd.	–	–
Kovilpatti Lakshmi Roller Flour Mills Ltd.	–	–
Shalimar Paints Ltd.	–	–
Arrow Greentech Ltd.	–	–
Lakshmi Automatic Loom Works Ltd.	–	–
Singer India Ltd.	–	–
Taneja Aerospace & Aviation Ltd.	–	–
TCM Ltd.	–	–
Cupid Ltd.	–	–
HPL Electric & Power Ltd.	–	–
Praxis Home Retail Ltd.	–	–
Thejo Engineering Ltd.	–	–
Priti International Ltd.	–	–
Hindware Home Innovation Ltd.	–	–

Porinju is indeed a successful stock market investor. So the question arises what makes him a successful & billionaire Investor? How did he invest in the stock market? So, here is some simple points that make him a successful value picker.

Also Read – Mohnish Pabrai Stock Portfolio – Success Story

Porinju Veliyath Investment Style

Identify and Invest in future multi-baggers

Porinju has always identified and invested in future multi-bagger companies. The first example was Geojit Finance. The second example is Shreyas Shipping & Logistics. He invested in this stock in the year 2012. At that time stock was trading at Rs.30.The stock has reached an all-time high on 7th Aug 2015 Rs.839.

Make strategy when to Exit from the stock

Porinju exited from Shreyas Shipping by booking profit at the level of Rs.700. After reaching all-time high stock price is now reduced to Rs.271. So, it is important to know when to exit from stock.

Buy lesser-known, high-quality businesses to derive maximum portfolio value.

Entire portfolio holding of porinju is full of less –known, high-quality business. E.g No one was aware of stock such as Gokaldas Exports or Nirvikara Paper Mills before he invested.

Invest in companies with clean balance sheet, honest management and clear business visibility

Porinju always invests in companies with a clean balance sheet, honest management, and good business potential. He invested in Geojit Financial Services for these qualities only.

Porinju Veliyath’s success story in the stock market is a remarkable journey of determination, vision, and an unwavering belief in his investment philosophy. From humble beginnings to becoming a celebrated investor, Porinju’s story is an inspiration for anyone looking to make their mark in the financial world. His ability to see potential where others see risk, his patience, and his commitment to thorough research are key elements that have driven his success. For aspiring investors, there’s much to learn from the maverick investor who dared to think differently and succeeded spectacularly. So, the next time you’re pondering over a stock, remember Porinju’s story and dare to look beyond the obvious!

Financial Planning Real conversation – Vaniya Buddhi

Financial Planning

Shitanshu Kapadia

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September 1, 2016

3

Recently when I was traveling on a train I heard an interesting conversation between two people about the importance of saving money and financial planning. They were from famous Gujarati communities called Patel and Vaniya. I thought to share this interesting discussion for the benefit of all. It was a Gujarati conversation I have translated it into English.

So, let’s take a look at a conversation between two Gujarati Patel and Vaniya (Baniya).

Financial Planning Real conversation Traders Mentality

Financial Planning – Trader Mentality

Vaniya – Hi Mr.Patel How are you? I heard you are about to retire, so have you done financial planning for retirement or not?

Patel – No what is that? I have not done anything. I have two sons who will take care of me. Whatever money I will be receiving after retirement, I will be handing it over to my sons and they will manage everything.

Vaniya- Imagine if your sons refuse to take care of you in the future. What will you do?

Patel – Your question is valid. However, I have never thought about it. Let’s see what is written in my destiny.

Vaniya – It is not a matter of destiny. It is all about financial planning. See today my son and daughter-in-law take very good care of me. It is not because of destiny it is because of money management.

Patel – How?

DIY – Free Financial Planning Tools – Recipe

Vaniya – Listen carefully. I got a job at the age of 18. I was appointed as an ordinary clerk in the health department of the government. My first salary was Rs.100.

I handed over my first salary to my father. My father asked me a simple question. Imagine instead of Rs.100 if Rs.90 was offered to you as a salary what you would have done?

I immediately responded I would have accepted a job with Rs.90.

My father was happy with my answer. He thought me a valuable lesson of saving on that day. He said now onwards you need to consider that for the lifetime your salary will remain 10% low.

You need to open an account at the post office. Once your account is opened you need to deposit 10% of your salary every month in this account. Make sure you never withdraw anything from this account.

Just deposit 10% money every month and forget that you have deposited anything in the post.

Patel – What difference it will make if you deposit this much amount in the account?

Vaniya – My brother this small saving will make a lot of difference. I started with a small saving of Rs.10. These savings have increased significantly with my salary. After 35 years of a job, I was able to accumulate a sum of 96 Lac along with interest in the post office account.

The saving of 96 Lac is generating an interest income of Rs.50000 every month. From this income, I am purchasing mutual funds of Rs.30000 every month in the name of my grandson. The remaining amount I am handing over to my daughter-in-law.

Patel – Wow! If you give this much amount to your daughter-in-law obviously they will keep you happy. However, please tell me in case you need money for your daily needs you will ask your daughter-in-law?

Vaniya – I never ask for any money from them as I am getting a pension of Rs.20000 every month. I generally withdraw Rs.5000 from my pension. I take my grandson to the play area and garden every Sunday.

I take FD in the name of my daughter from the remaining pension amount Rs.15000 every month. So, it makes my daughter also happy.

Patel – Wow! You are a true Vaniya Bhai with Vaniya Buddhi (Trader Mentality). 🙂

You have done very good financial planning and I learned a lot of things from you. Unfortunately, we could not meet early otherwise I could also have saved a lot of money like you 🙁

The conversation ends.

My dear blog reader, we have learned the following lessons from the above conversation.

Key Learning Financial Planning

Never take retirement planning lightly.
You should start investing money from the day you start earning money.
You should maintain discipline and invest a certain percentage of money every month in a suitable financial instrument.
Remember you can generate a big retirement corpus by investing money every month.
Remember Financial Planning is a key to financial success.
In order to live successful life Vaniya Buddhi (Intelligence like a trader) is a must.

This article is dedicated to all first-time Investors.

Note – The sole purpose of this article is to share knowledge and not to devalue any community.

If you like this conversation, do share it with your friends give them a chance to learn a valuable lesson about financial planning.