Back in black

01-Oct-2023

Last two weeks were busy but had some fun events two. We were able to organize team events, or I should call it dinners with the team and remaining direct people reports. As per the ground feedback, people enjoyed large gatherings and had a good time. For vegetarian people, the food was kind of manageable. Q3 ended on a party note, and I am sure Q4 will not be less. 

Finally, I am "back in black" in terms of trading in Sep 23, ending with a 16k in profits. I am still down in five digits for this financial year, so nothing much to cheer about. I definitely have slowed down taking trades, and guess September should be the lowest in count on F&O trades. 

I don't expect to change the strategy, will focus on equity in the short term and less F&O. As one can see from below chart, equity indeed doing better than F&O. The one-time gain in Jun-2023 is exceptional and Aug-2023 looks lower as did some tax harvesting of about 119k. I hope to better the final %gain/loss by the end of financial year but don't think can break last year number (42%). 

Most of my money is going into banks and IT. I am heavily invested in banks in terms of direct equity and my MF portfolio now shifting gears to IT. 

Back to the personal front, Anvay had to cancel his Delhi visit as exam postponed to next week due to #Bengaluru bandh, surely instigated by political masters. I feel bad for him, and there is nothing we can do. First semester is always difficult when you away from home and it's usually a big change if you have been away from family in the past and can't travel frequently. Hostel life can be very limiting in the first year, and then you get used to it. We offered him to travel back to Delhi on another date, may be on his big eighteen birthday. Wow! He will turn #18 in October, and officially will be an "adult". 

Pallavi and Myra going through their usual lives here in #Bangkok. Pallavi's job is bit unsettling these days and seeing some changes. Hopefully, she can find something back soon. It may be difficult as she is out of India. One option is to try something here but not that straight forward. 

Below is the picture from last week's bowling.

This has been a lazy weekend. I am planning to spend rest of the Sunday catching up with some office stuff as next week looks very busy as always. 

Have a good rest of the weekend!

vA