🔆 Saturday Coffee Newsletter
- Market Overview: Top indices & asset classes
- New episode: How to invest a lumpsum amount
- Good Reads: 5 good reads on investing & finance
- Pop Quiz: Answer and win a cool prize!
What’s up with markets?
Silver was up 5% this week and 33% over the year. It has turned out to be a fantastic bet in the last 1 year. This was mostly flat for all other macro instruments that we track.
![[Newsletter] Market Overview, How to Invest a Lumpsum and 5 Good Reads](https://premium.capitalmind.in/wp-content/uploads/2023/08/macro-25-Aug.jpg)
Pvt Bank stocks were up 1.4% this week followed by IT and Media Index. Over 1M and 3M period, Media stocks are leading the pack while the 1 year period is dominated by no-points-for-guessing PSU banks.
![[Newsletter] Market Overview, How to Invest a Lumpsum and 5 Good Reads](https://premium.capitalmind.in/wp-content/uploads/2023/08/ao5Qo-nifty-sectoral-indices-weekly-update-2-1.jpg)
How to invest a lumpsum?
We tackle a question that’s been on your mind: “I cashed in my ESOPs and with a lumpsum in hand, what’s my next move?”
In a world where SIPs are all the rage, we’re steering the ship towards understanding how to plan investing a lump sum amount in 2023. Weather its your esops, windfall gains, founders exit or a yearly bonus – you’re bound to find yourselves wondering how to invest lump sum amount?
Deepak & Shray walk you through the aspects of managing, deploying and even spending that lumpsum gain. If you sit with a paper and pen, you’ll probably have a step by step plan for yourselves.
Listen In: [Podcast] How to invest a lumpsum amount?
What we are reading
- Deepak writes about how the fight to higher returns is probably less relevant – for most people – than just planning to invest more in the longer run. Read: Why investing more money matters more than targeting higher returns
- Investors in 2023 are experiencing one of the strongest markets in history, with the S&P 500 up more than 20% through July and the Nasdaq 100 up more than 44%. Meanwhile, volatility has plummeted, with the VIX moving down to its lowest level since January 2020. This calm and steady move higher has been undeniably great for investors, but does it reveal what it takes to be a great investor?
- Is 5 years a long enough time horizon for investing in the stock market? Read: How Long Should Your Time Horizon Be in the Stock Market?
- Economic predictions would be greatly useful—if they were consistently correct. Read: How Inflation Befuddled Everyone
- Are you asking the right questions? We can pontificate about strategy and innovation for ever, but observation and curiosity help you challenge conventional wisdom and open new vistas. Read: Simple Questions and Game Changing Innovations
Pop Quiz
In 1919, the 18th Amendment to the U.S. Constitution banned the manufacture, sale and transportation of liquor.
Now we all know that no legislation has enough teeth to turn Americans into teetotalers. So, prohibition moved alcohol consumption into the basements of bars in shabby localities.
To go along with booze, customers were offered bite size snacks that could be held with one hand while they enjoyed their drink with another. These snacks developed into a separate food category is and now a famous serving at parties at home.
Identify this food category.
Hit reply to this email and answer.
(If you’re reading this on the website and want to participate in the quiz, subscribe to the newsletter.)
Each week, we randomly pick one winner who gets something cool!
Last week’s winner: Vinay H
Last week’s answer: Godrej & Boyce
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