Shows
My Two Fils5 Crucial Life Lessons from the Movie Sharmaji NamkeenHave you watched this move Sharmaji Namkeen?It is a Sumptuous Food for Thought.We all loved it. You should watch it if you haven't already.It is Rishi Kapoor's swan song, in which he managed to capture the hearts of young and old for one last time.It is also a celebration of food, friendship, family, and the feelings of a lonely and not-so-old man forced into early retirement. While the movie was light-hearted and entertaining, it is full of life lessons and a thought-provoking screenplay. ...2022-04-1608 min
My Two FilsHow to grow wealth using the Pay Yourself First Strategy?Every month when you receive your salary, you pay so many people!You pay your... Landlord or the bank for the house You pay for the electricity and water Mobile, telephone and internet Your Children's school The Supermarket for groceries Apple, Netflix, AmazonThe list goes on and on...But when do you pay yourself, or do you even pay yourself at all?Paying yourself first is saving money for your future before spending on your needs, wants, and, more importantly, luxuries!It is one of the fundamental principles...2022-04-0304 min
My Two FilsThe 4 key learnings from Apple's Founding Story.Is First April, a Fools Day?While the world was busy fooling people or getting fooled, three individuals got together to create the world's biggest company on 1st April 1976.Guess which company it is?Yes, it is Apple.Apple reached the 3 Trillion Dollar mark on January 2, 2022, when its share price touched $182.86.Apple was also the first company to hit a $1 trillion market cap on August 2, 2018.It just took a little over two years to double its market cap to $2 trillion on August 19, 2020, despite Covid-19.Apple...2022-03-3104 min
My Two FilsHow to manage your investments when the markets are falling?Here is an interesting Chinese fable about a group of frogs and an investment lesson we can learn from this story.Markets go up and they go down, but our Investment goals are typically constant and not dependent on market conditions. With so much uncertainty, negative news and gloom predictions, it can be quite a challenge seeing your investment value go down!You may be unsure if now is a time to cut the losses and sell, buy more or do nothing....What if you sell now and the market recovers i...2022-03-2605 min
My Two FilsThe Five Golden Rules For Successful Investing.Imagine a monster eating away your savings for breakfast, lunch, and dinner. That is inflation. It is the most potential but least understood financial risk. Investing your savings helps you beat inflation and grow wealth. If you don't invest your savings, then you could be denying yourself the opportunities to enhance your wealth and achieve Financial Freedom. While investing certainly involves some risk, it can be well managed if you follow the 5 Golden Rules of Successful Investing. They are Investing is not Gambling - Stay invested for the long-term Focus on your g...2022-03-1911 min
My Two FilsWelcome to My Two Fils - A Personal Finance Podcast in the UAEThe biggest gap in the world is the gap between knowing and doing.Exercise is good for health, junk food is bad, and smoking can kill, we know this stuff, yet we indulge!Much like that, when is come to building lasting wealth, it is not just about what you know and how much you know?It is more about what is what needs to be done, and how well you are doing it.I am Damodhar Mata, Author, Blogger and Financial Advisor in Dubai, with more than a decades experience in helping people win with money.Here is My...2022-03-1901 min
My Two FilsSturm and Drang - Weekly Market UpdateSturm and Drang are perhaps the right words to describe the prevailing global market situation.
These words come from the German language, literally meaning storm and stress.
In a storm created by rising inflation and the Fed, the markets are stressed over rising interest rates and liquidity concerns.
In this edition we discuss;
-The market moves last week
-Earnings to the rescue
-Indian equities
-the outlook for the year
-the opportunity for long term investors
- and the spoilsport2022-01-3004 minMy Two FilsOn the back foot - Weekly market updateThis is the weekly market update as of 10th January 2022.
Tune in every week for news, views, and market moves.
In this episode, we will discuss;
1. why were markets on the back foot in the first week of January
2. Investors exodus to value stocks
3. Market Update - Europe and the UK
4. Market Update - India and China
5. Outlook for the month2022-01-1006 min
My Two FilsThe Triple Whammy - Weekly Market UpdateThis is the weekly market update as of 19th December 2021. Tune in every week for news, views, and market moves.
In this episode, we will discuss the triple whammy that brought the markets down last week. We will learn a new phrase, "Quadruple Witching," and discuss the following year's outlook.
Let me begin today's episode by wishing all those celebrating Christmas later this week, A Merry Christmas and a Happy New Year!
Despite the relaxed mood of the holiday season, there was sustained selling pressure in the global markets last week due to...2021-12-1905 min
My Two FilsThe Rebound Rally - Weekly Market Update as of 12th December 2021In this episode we discus 4 key points;
The market action in the US, Europe, India, and China
Fed's reaction to the persisting high inflation
The first company that could reach the 3 trillion dollar market cap
and the market outlook for the week
Tune in every week for news, views, and market moves. Subscribe on youtube, apple, or google podcasts, or your favorite podcast app.2021-12-1204 min
My Two FilsWho let the bears out?Last week, the bears were out in the open, busy pushing down the global equity markets sharply and scaring the bulls away to safe havens. Before we discuss how the makers could progress from here, lets first discuss Who let the bears out?
Was it the advent of the Omicron variant?
Was it the hawkish tone of the Fed?
Or was it the year-end portfolio rebalancing and liquidating for dividend payment by mutual fund houses?
The let's discuss if this sell-off will continue, or will the markets recover shortly?
Let's dive into the show...
2021-12-0504 min
My Two FilsThe Strain of StrainsWelcome to the GAiM Plan Podcast, the show that helps you grow wealth, create passive income and achieve your financial goals faster.
I am Damodhar Mata, author, blogger, and financial advisor in Dubai.
This is the weekly market update as of 27th November 2021. Tune in every week for news, views, and market moves.
Subscribe on Youtube, Apple, or Googe Podcasts, or your favorite podcast app.
The title of today's episode is The Strain of Strains - Shoot First Think Later.
Investors in the US woke up from the Turkey...2021-11-2803 min
My Two FilsFrom one peak to anotherAs the markets reach new highs almost every week, I am running out of adjectives to describe the optimism in the US stock markets.
Last week, the Nasdaq rose to another record intraday high, while the S&P 500 is just short of its peak. The Dow, however, was down from the previous week, and the volumes were also relatively low.
While many investors are keen to invest their savings, they are also skeptical about entering at the current price levels, thinking that it is better to wait than entering just before a crash!
2021-11-1905 minMy Two Fils4 important reasons why you need life insurance in UAE?In this episode I will share the following details, in addition to the 4 important reasons why you need life insurance in UAE?
1. Why life insurance companies are not bothered the loss due to life insurance claim payment?
2. How you can continue to contribute to your family's financial wellbeing even when you are dead?
3. How to leave a lasting legacy that can impact the lives of your future generations?
Head-over to my my website to read the complete blog post and click here to arrange a free discovery call for or a...2021-11-1906 min
My Two FilsWeekly Market Update - The Double Whammy...The US markets reversed some of its growth from the previous week, as investors digested the data showing the highest inflation in three decades.
The CPI(Consumer Price Index) reading came in at 6.2% year-over-year, the highest level since 1990, while the PPI(Producer Price Index) reading was 8.6%, the highest on record since 2010.
While some of the factors driving inflation appear to be transitionary, there are a few persistent factors like rent and wages.
Given that the inflation is continuing longer than expected, investors and policymakers are facing a double whammy;
1. Stagflation
2021-11-1505 min
My Two FilsWeekly Market Update - Euphoria returns...Euphoria returns...
No! not the season 2 of Euphoria on HBO!
I am referring to the euphoria pushing the US stock markets up the 5th week in a row.
Last week, the S&P 500, DOW, and the Nasdaq reached new highs, and the tech-heavy Nasdaq index outperformed its peers to gain 3.00%.
While the Russell 2000 small-cap index is still lagging behind the major indices year to date, it recorded a stellar 6.00% gain last week.
If you are wondering what is fuelling this Euphoria; there are quite a few factors like;2021-11-0705 min
My Two FilsThe Beastly Party!Welcome to the GAiM Plan Podcast. The show that helps you grow wealth, create passive income and achieve your financial goals.
I am your host Damodhar Mata, Author, Blogger, and Financial Advisor in Dubai.
This is Halloween themed weekly market update as on 31st October 2021.
The bulls had a beastly party scaring the hell out of the bears this month. After a Spooky September, major US indices came back with a vengeance, rising 6-7% in October.
The markets were buoyant on the prospects of additional stimulus treats from the Biden...2021-10-3104 min
My Two FilsUp up but how far away?The U.S. markets were up last week, reaching record highs in response to robust corporate earnings.
The S&P500 ended the week up at 4,544.90, the DOW at 35,677.02, and the Nasdaq at 15,090.20
As of last week, 117 S&P 500 companies have reported actual results for Q3 2021. Of these, 83.8% have reported earnings above analyst estimates.
Investor sentiment is positive, pushing the Volatility Index (VIX) to its lowest level since March 2020. The VIX is used to measure the level of risk, fear, or stress in the market when making investment decisions
...2021-10-2403 min
My Two FilsWeekly Market Update - Tug of WarIn the stock market tug of war, the bulls are back in the game.
A solid start to the earnings season and positive economic data raised investor confidence last week. They continued to buy the dip on the evidence of peaking supply chain bottlenecks and the easing of the delta variant spread.
The markets started the week in the red as the oil prices continued to rise, but the bulls charged back on Thursday as the earnings season officially started.
The S&P 500, DOW, and the Nasdaq recovered from the lows of...2021-10-1704 min
My Two FilsWeekly Market Update - Energy, Inflation and Value Shopping.After reading all the negative news during the weekend, investors with an itchy-trigger-finger clicked the sell button on Monday last week. The markets opened in the red as the energy demand and prices skyrocketed.
US crude oil prices climbed for the seventh week in a row to almost $80 a barrel. Oil, gas, and coal prices continue to rise due to increasing consumption and supply chain fears.
Later in the week, the markets rose sharply to pare the losses as a temporary deal to raise the debt ceiling by USD 480 billion was signed. This puts to...2021-10-1006 min
My Two FilsThe Bears Return...As expected, the bears came out of a six-month-long hibernation in September, bringing the S&P 500 down by 4.89%. A typical correction during a bull market, blown out of proportion by the media.
Despite the pullback, the S&P 500 is still up by 16% YTD; the Dow and Nasdaq are up by 12.2% and 13.00%, respectively.
A slew of positive economic data and a potential oral treatment of Covid-19 announced by Merck boosted investor sentiment on Friday.
While the Democrats and the Republicans are still split on raising the debt ceiling, an interim spending bill...2021-10-0303 min
My Two FilsA False Alarm! - Weekly Market UpdateIt was like unwelcome rain on a desert safari on Monday last week when the markets were down across the world.
Even before the week started, the Chinese Evergrande debt default crisis was at full steam. Additionally, the US debt ceiling, potential tapering this year, cryptocurrency crash and the inflation woes pulled back the global markets.
After Wednesday's FOMC meeting, Chief Jerome Powell announced that the interest rates would remain at zero, and the bond purchases would also continue at the current pace. He added, "Policy will remain accommodative until we achieve maximum...2021-09-2605 min
My Two FilsThe GAiM Plan Podcast - Weekly Market Update - Taking a breather...The S&P 500 has soared more than 35% in the last 12 months, and it looks like the bulls are taking a breather in September. The Nasdaq, S&P 500 and DOW were down marginally for the second week in a row. However, the small-cap Russell 2000 Index managed to stay in the green.
Trading volumes were still substantial, with 3.3 billion shares changing hands on the NYSE and 6.4 billion shares on the Nasdaq.
Although still high, Core inflation eased to 4% from 4.5% in June, confirming Fed's stance that inflation is transitionary. Markets see this as good news as it allows the monetary policy to remain...2021-09-1904 min
My Two FilsIs now a good time to invest or should I wait for a market correction?Is now a good time to invest?
With the markets at all-time highs, many feel that a correction is long due, and they may be right. What if the market crashes immediately after I invest, seems to be a valid concern!
If prudent investing is all about buying low and selling high; then, is now a good time to invest? This is perhaps a lingering question in the minds of many investors.
Lost Opportunity
On the other hand, the current bull run has been raging for the last 11 years. Even a...2021-08-2207 min
My Two FilsHow to grow wealth with regular savings and the power of compounding?When you invest $10,000 at a 10% growth rate, it will grow to $16,100 or 1.6 times in 5 years. In 10 years, it will grow to $25,930 or almost 2.6 times. Imagine by how much it will grow in 25 years? It will grow to become $93,130 or 9.3 times, just by keeping the money invested and reinvesting the profit/interest. This is the Power of Compounding. “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” ― Albert Einstein Your success as an investor is a product of two ess...2021-08-0806 min
My Two FilsIs now a good time to invest in the sustainable energy sector?Steve Cutts has a Youtube channel with only 12 videos in 9 years but has more than 1.2 million followers. In 2012 he released a video titled "MAN". As of today, this video has more than 51 million views.This 3.36 minutes video highlights the damage caused by the Man on the planet in pursuit of profits and share value.Thanks to many such awareness efforts, social media, white papers, and lobbying by pro-environment groups in the last few decades, the corporate world, policymakers and regulators have taken this cause seriously.They now are keen to reverse the damage as...2021-08-0106 min