The Third Eye of Investor

Dogecoin. You must have heard this word before irrespective of your field of work or profession. It is everywhere on internet and internet is going gaga over this. Snoop Dogg to Elon Musk, everyone is talking about this and you must have seen tons of memes on this. One is below for your entertainment so that we can take Dogecoin to the moon.  #Dogecointothemoon. It is the most popular crypto currency out there these days along with Bitcoin. But what is really Dogecoin and why investors are buying it? What is Dogecoin? In very simple terms, Dogecoin is just another alt coin (alternative cryptocurrencies) in the market which was invented as a joke to make fun of these crypto currencies by Billy Markus and Jackson Palmer in 2013. Dogecoin is faster as it takes only 1 minutes to process a block vs Bitcoin's 10 minutes. However, it got significant traction due to the fact that it is cheap and easier to mine. And Reddit and Twitter are reasons of recent popularity of this alt coin. ...

Indian economy was facing a down trend even before the covid-19 pandemic and covid made this even worst as shown in below chart. India's GDP growth was -23.92% and -7.54% for Q1 and Q2 2020-21 respectively. We are in a recession technically.  Image source: www.statisticstimes.com So, why am I saying economic up-cycle? Let's find this out in this blog and what should retail investors should do right now. The economy is growing negatively but we all know that this is due to strict lockdown which India imposed and economic activities were completely shut for months. And as lockdown restrictions were eased out, economic recovery was very sharp and unexpected. Some economists were attributing this recovery to festive season and pent-up demand however, it is very clear now that it is broad base economic recovery. GST collection figures and corporate earnings of December 2020 quarter are clear indicator of consumer spending behavior and economic activities of the country.  Image sour...

Brookfield Real Estate Investment Trust (REIT) is here with its ₹ 3,800 crores Initial Public Offer (IPO). Now, Brookfield is not the first REIT in India which is hitting the exchanges but it is one of the few. We have only 2 listed REITs right now in the Indian market (Embassy Office Parks REIT and Mindspace Business Parks REIT) and Brookfield will be third in this list. And hence it is important to understand this REIT concept as it is fairly new in India and whether you as an investor should invest in these or not.  Let me just briefly touch upon Brookfield's IPO and then I will discuss about REITs in general. Brookfield IPO is closed now and it got oversubscribed 7.94 times which is not very good number considering recent oversubscription of other stocks in the market. 17 February 2020 is the listing date and let's see how market will react to this.  Now, why we saw only 7.94 times oversubscription even in this kind of roaring bull market, if I may say so. One reason ...