The allotment status for the recently concluded IPO of MAS Financial services is out and can be checked from the link given below:

Click here to check MAS Financial Services IPO Allotment status now

Godrej Agrovet IPO Allotment status declared and same can be checked from link given below :

Click here to check status now!

The buyback date for Infosys Limited is fixed as November 1, 2017

Thus the shareholders holding equity shares of Infosys Limited as on the saod record date would be eligible to participate in the offer

Infosys had earlier announced plans for buyback of equity shares at Rs.1150 a piece

Stay tuned to Indian IPO Blog for latest updates on Infosys Buyback offer

Pearls of Financial Wisdom

1) Bonds are for storing wealth and equities are for creation of wealth.

2) In my opinion, *the biggest asset one can have is zero debt*.

3) *The greatest discipline in personal finance is living below your means*.

4) As Ben Carlson says, emotions cannot be back tested. That’s why past bear market always looks like opportunities and future ones scary.

5) Early financial independence and early retirement are completely different. To me, the former is a blessing and the latter is a curse.

6) Don’t think how it would have been if you’ve started 10 years ago. Start today and visualise how you would feel 10 years from now.

7) The neighbourhood we live determines our life style & spending. Need to be careful in choosing one which matches our goals and personality.

8) Paying minimum balance regularly on credit card is the maximum sign that you’re getting into debt trap.

9) Many are long term investors till next bear market.

10) *Don’t take aggressive bets. Take measured risk*. Remember one blunder can push you back by a decade or more in terms of wealth.

11) *Big money can be made through high savings, wise investing and lots of patience*.

12) One sign of progress in individual investor’s portfolio is no churn or very less churn.

13) *Trying to get rich fast is a foolproof way to lose what we have*.

14) *Losing opportunities is far better than losing money. Don’t invest in fads*.

15) ‘Making as much money as quickly as possible’ is not an investment strategy. Unfortunately for most of us that is the strategy.

16) Aggressive strategy cannot be a substitute for high savings. *Save high and take moderate risk than saving less and taking high risk*.

17) *The day we realise not losing is as important as winning; we would stop blindly chasing returns*.

18) Good periods are more than bad periods. By *not timing*, though we go through bad periods, do not miss even a single good period.

19) We’ll stop looking for quick money the moment we consider stocks as businesses and realise that our wealth grows in line with business growth.

20) *There are periods of high returns, low returns, no returns and negative returns. We need to go through all these to get long term returns*.

21) *Listening to market forecasts is not only useless but can be very harmful too* if you start acting on them.

22) *The hard truth is only around 3% of our population are in a position to aspire for financial independence. Don’t waste this rare privilege*.