Answer to the above 2 questions :

1. The best app which charges lowest commission is....... Groww app, Paytm Money App, ET Money App.....

In these apps, there are various products from which some charges high fees, some low fees and some no fees.

So, where to invest?

For investing in best Mutual Funds, just look for 2 things

A. It should have the word 'Direct' in its name..... This ensures that there is zero commission on that product

B. Make sure it have 'Growth' word in it.... This ensures that you get a higher return so that you beat inflation plus earn some more return.

2. For investing, there are 2 options

A. Lumpsum investing - Here, one can invest one time and forget his fund for 3-5-10-12 years and then see what's the growth.

B. SIP Investing - Here, the person invests some amount every month which helps the investor to average put it's deposits resulting in a more probable better returns than Lumpsum.



Let's talk practical

Where do I invest? I invest in 2 funds and do SIP

The funds are

1. Mirae Asset Emerging Bluechip Fund Direct Plan Growth
2. SBI Smallcap Fund Direct Growth


You can start investing with just Rs500

The homework for you all is do research on the above 2 Funds and research on more funds.

If you do research, you will come up with various new terms like CAGR, Expense ratio, AMC, NAV, Entry and Exit Load.

We will discuss more in later posts.

Happy learning ❤️

How to profit from a long-term Multibagger

Credit:Wealth magazine.

FD Rate ~ 5%
Tax - 30%
Post Tax FD rate ~ 3.5%
Inflation ~ 7.5%
Real Return on FD ~ (-4%)

If u r thinking of investing in an FD right now, I suggest you use that amount to buy/consume something right now because the value of your Investment is going to be lower by 4% next year

We must understand that risk and reward go hand in hand. Also, you must know about risk profiling.

Before that let's understand the popular asset classes :

⚡️ Equity i.e Shares
⚡️ Fixed Income Securities i.e Bonds & Debentures
⚡️Alternate Investment like Gold & Real Estate

The highest risk is in Equity and so is the return, then comes Alternate Investment and then Fixed Income Securities.

One rule that one should follow is 100-Your Age

Let's say your age is 22, so you should invest 100-22=78% of your capital into risky asset class like Equity & AI and putting 22% of capital is safe asset class like Fixed Income instruments.

Risk taking ability decreases as one grows in age. So, this rule helps in diversification of wealth and helps grow slowly, steadily and safely.

An example of Fundamental Analysis of Nestle company. Why Nestle is a good company.

*PERFECTION*
American Giant IBM decided to have some parts manufactured in Japan on a trial basis. In the contract, while writing specifications, they had set the standard that they will accept only three defective pieces per 10,000 pieces. Otherwise, the whole consignment of 10,000 parts would be rejected.
When the first consignment came from Japan to IBM there was a letter accompanying it.
"We, the Japanese people, had a hard time understanding American business contracts & practices. However, the three defective parts per 10,000 pieces have been separately manufactured at our end to meet the specifications of the contract. Those three have been included in the consignment in a separate package mentioning *Defective pieces as required; not for use.* Hope this meets your requirement."
*Perfection is a Habit, not an Attitude !!*
🕴️🙁😏🙄👌🏻❤️🌹🙋🏻‍♂️🚶

Those who are doing mutual fund I suggest them to do ETF


Best ETF list

1. Niftybees( avg return 12 to 15%)
2. Juniorbees (avg return 12 to 15%)
3. Goldbees ( avg retrun 8 to 10%)
4. N100(US based stock( 15 to 20%)

Above return is last 8 to 10 yr avg return

Rich vs Poor

Aaj ka Gyaan 🙈

Summary of yesterday 💯

Food 🍲 for body is exercise ⛹️ but what we forget in our busy life is Food for brain 🧠 which is knowledge. So, have a habit of daily consuming new knowledge be it Books 📚, Videos 📹 and most importantly Good people 😇

Open sound 🔊

My thoughts on the above post