Hi my name is Rajesh Rao. I am 35 years of age and have been earning since 8 years now. I started investing in stocks on-and-off about 5 years ago. But whenever it came to making a stock investment decision, I found myself sweating over it, owing to its complexity and the risk attached. My friends used to say, “Rajesh, Stock investing is too risky, you should just stick to fixed deposits!”
But I was determined that if I do stock investing right, I can make big money out of it.
I realized that I just need something that could help me make right investment decisions.. So, I Googled a bit and voila – I came across the MoneyWorks4me website. When I first stumbled on to MoneyWorks4me.com , and their idea that stock investing could be safe, I was amazed.
Stocks and Safe?
Initially, I was struggling between my curiosity to know more about the website and my disbelief at MoneyWorks4me’s blunt assertion that they can help me invest in stocks safely. I liked their concept of ‘colour-coding’ and giving ‘MRP’ for each stock etc. After scrolling for some more time, I came across the power of 2 which I must admit I did not understand at first but after going through the help section and demo video, I got a fair idea of the benefit. Finally, I subscribed for a paid account – the Investor Pro 100 plan.
The Power of Two
On logging in for the first time, I was presented with what MoneyWorks4me calls the Power of Two:
Initially, it was bit new as these words are not found on any other stock investing portal. But they were something I could easily associate with for e.g. MRP, X-ray, Decision Maker, Filter etc.. But to be sure, I went back to the demo video which gave me some idea about these two powers – one which could help me find ‘unlimited stock ideas’ and the other which would help me know whether or not to invest in it.
As a ‘turbocharged superhero’ I was now ready to get cracking.
Since I had been investing in stocks for the last 5 years, I thought I’ll first go to the Decision-Maker and see what was the fundamental strength of my portfolio.
My portfolio was in absolute disarray. I found that most of the stocks I owned were either fundamentally poor or overpriced I needed to take some stern actions on my portfolio.
So I started selling those stocks and at the same time started investing in stocks for which MoneyWorks4me gave a favourable guidance. Let me share a few experiences.
Case #1: Disaster with Fundamentally weak company Averted!
Just after I purchased the MoneyWorks4me subscription in March 2012, I was talking to one of my broker friends about the then poor condition of my portfolio and how I planned to go about fixing it with the help of MoneyWorks4me. He offhand suggested that I buy Suzlon saying that there is a good buzz about it in the market and the price is just waiting to shoot back up to the pre-2010 levels.I immediately went to my MoneyWorks4me account and checked out the company. It was bright red and quite overpriced. Curious as ever, I went ahead to check the basis of the evaluation (through PRICE CALCULATOR and 10 YEAR X-RAY PRO ) and MoneyWorks4me were right. Suzlon was not a company worth investing in at the time. The price of Suzlon has fallen by more than a third (from ~Rs. 28 to ~Rs. 17) and hence I saved myself a lot of money and a lot of tears.
Case #2: Jumped off the Bandwagon at the Right Time!
One of the better stocks I was holding before I subscribed to MoneyWorks4me was CRISIL . It is a stock I purchased in April 2011 and held it close to my heart as it had steadily grown from ~Rs. 650 to ~ Rs. 1075, nearly doubling in value. CRISIl is well known in popular circles as a fundamentally great company. Sometime in May, MoneyWorks4me generated a sell signal for CRISIL. I was initially unwilling to let it go and I held it till June. But the sell signal continued to weigh heavily on my mind, so I shut my eyes and sold the stock. Since mid-July the stock has been falling and is trading (at the time of writing) at Rs. 900and the trend is still downward! Here again, MoneyWorks4me saved my profit from being eroded.
Case #3: Up, up and Away!
The second Power, MoneyWorks4me Filter helps to to arrive at a dynamic list of the most investment worth stocks within minutes. When I entered my filtering criteria in the MoneyWorks4me Filter (Green + Below MRP) one of the companies I found was Godrej Consumer Products . Godrej is a big brand and when I realized it was trading (at Rs 440) well below its discount price in March (~Rs. 470), I jumped at the opportunity and bought it. Its MRP and DP were later revised after the quarterly results were declared and the MRP and DP has jumped to Rs 692 and Rs 554 respectively. The stock hasn’t reached the MRP but it is trading at Rs 632 at the time of writing, and has already fetched me an unrealized profit of about 45%!
These were just a few examples I could think off. Truly, MoneyWorks4me has changed the way I invest. To find good stocks, I no longer need tips; I need the MoneyWorks4me Filter which gives me unlimited stock ideas. And for my Buy or Sell decisions, I no longer need cock-and-bull targets and resistances; I just need the Decision-Maker which tells me what to do.
I feel The Power of 2 is a must have for every investor to make the right decisions in stocks.
Disclaimer: This story is a collation of feedback from MoneyWorks4me customers and employees presented as a blog to generate reader interest. It is an illustration and not real life incidence from any dead / living person.