IMF's Special Drawing Right (SDR) is a basket of fiat currencies that is massively owned by Central Banks for their reserves, including Indian Central Bank RBI.
Over the years, SDR allocation to USD🇺🇸 and CNY🇨🇳 continues to increase. While EUR🇪🇺, GBP🇬🇧 and JPY🇯🇵 decreased.
India may hate China all they want but quite a bit of Indian reserve is actually Chinese fiat currency - Renminbi (CNY).
- @InvestRepeat
Over the years, SDR allocation to USD🇺🇸 and CNY🇨🇳 continues to increase. While EUR🇪🇺, GBP🇬🇧 and JPY🇯🇵 decreased.
India may hate China all they want but quite a bit of Indian reserve is actually Chinese fiat currency - Renminbi (CNY).
- @InvestRepeat
If you just had ₹0.01 that doubled every day for a month
You would have ₹53,68,709.12 in only 30 days.
That is the power of Compound Interest.
- @InvestRepeat
You would have ₹53,68,709.12 in only 30 days.
That is the power of Compound Interest.
- @InvestRepeat
To get "advisor fees", people with 1000s of followers have literally started to make fun of "Direct" Mutual Fund investors.
🤡 They want you to get their recommended version of "Regular Mutual Fund" so that they & their friends can get rich of you.
I just wrote a Thread with data to show you "Regular Vs Direct" Mutual Fund difference.
₹ Don't lose more money, read the thread NOW: https://twitter.com/InvestRepeat/status/1558792712211800064
🤡 They want you to get their recommended version of "Regular Mutual Fund" so that they & their friends can get rich of you.
I just wrote a Thread with data to show you "Regular Vs Direct" Mutual Fund difference.
₹ Don't lose more money, read the thread NOW: https://twitter.com/InvestRepeat/status/1558792712211800064
World's largest oil company - Saudi Aramco just posted the biggest quarterly adjusted profit of any listed company globally.
90% YoY increase in net income. Saudi Arabia's dictators currently own 98% stake in the company.
They will distribute $18.8 billion in dividends this quarter. 😮
- @InvestRepeat
90% YoY increase in net income. Saudi Arabia's dictators currently own 98% stake in the company.
They will distribute $18.8 billion in dividends this quarter. 😮
- @InvestRepeat
₹1000 invested: Returns suck
₹1 lakh invested: Returns suck
₹10 lakh invested: Returns are ok
₹20 lakh invested: Returns are pretty good
₹30 lakh invested: Returns are a full-time salary
It starts slow but ends BIG. Get started.
- @InvestRepeat
₹1 lakh invested: Returns suck
₹10 lakh invested: Returns are ok
₹20 lakh invested: Returns are pretty good
₹30 lakh invested: Returns are a full-time salary
It starts slow but ends BIG. Get started.
- @InvestRepeat
Company name is United Spirits
Website name is DiageoIndia .com
Stock market ticker name is MCDOWELL-N
Sometimes feels like these are 3 different companies 😂
Website name is DiageoIndia .com
Stock market ticker name is MCDOWELL-N
Sometimes feels like these are 3 different companies 😂
God sometimes takes us out of our comfort zone and isolates us so that we have no choice but to focus on our work, ignore noise & hear only him ☀️
- @InvestRepeat
- @InvestRepeat
You: "I don't know how to invest."
Also you: *Pays ₹500/month for Netflix, ₹1000/night at clubs, ₹2000/month on eating out, ₹5000/month on shopping, ₹50,000/phone.*
Your priorities are garbage, anon.
- @InvestRepeat
Also you: *Pays ₹500/month for Netflix, ₹1000/night at clubs, ₹2000/month on eating out, ₹5000/month on shopping, ₹50,000/phone.*
Your priorities are garbage, anon.
- @InvestRepeat
You & your family is covered by any Medical/Health Insurance?
Anonymous Poll
30%
No
13%
Yes, only me
53%
Yes, whole family
4%
Don't know what that is
Any person or social media account that continuously hates or praises a single country/jurisdiction is a propaganda account.
I know many so-called "Finance Influencers" who fall in this category.
- @InvestRepeat
I know many so-called "Finance Influencers" who fall in this category.
- @InvestRepeat
BREAKING (Hong Hao): Chinese Govt forcing employees to buy Real Estate.
The pic above says "Officers who fail to buy properties within specified time will be transferred to other work units. In the future, property buying will be part of your performance measures."
🇨🇳 China's Govt in some cities are now forcing govt employees to buy properties (real estate) to create demand, as economy continues to slowdown.
Personally I believe, many other countries will follow the same path, as their economy slows & they can't print more fiat to generate fake demand. They will use Capital Controls, covert tactics and even violence to pump 'GDP'.
Are you prepared, anon? As I have always said, only Sovereign Individuals will prosper in the next 10 years.
- @InvestRepeat
The pic above says "Officers who fail to buy properties within specified time will be transferred to other work units. In the future, property buying will be part of your performance measures."
🇨🇳 China's Govt in some cities are now forcing govt employees to buy properties (real estate) to create demand, as economy continues to slowdown.
Personally I believe, many other countries will follow the same path, as their economy slows & they can't print more fiat to generate fake demand. They will use Capital Controls, covert tactics and even violence to pump 'GDP'.
Are you prepared, anon? As I have always said, only Sovereign Individuals will prosper in the next 10 years.
- @InvestRepeat
An unlisted company - Ola announced new electric scooters and even an electric car.
Many don't know that FIEM Industries builds all the lighting components for companies like Ola. FIEMIND is a listed company & could be a proxy play.
Do your research on auto sector, valuations etc.
- @InvestRepeat
Many don't know that FIEM Industries builds all the lighting components for companies like Ola. FIEMIND is a listed company & could be a proxy play.
Do your research on auto sector, valuations etc.
- @InvestRepeat
BREAKING (moneycontrol): Wipro pauses part of salary.
Indian IT company Wipro holds back April-June quarter variable payouts for mid, senior-level employees.
For freshers & other associates, 70% of variable pay will be given only if they meet the billability threshold, along with August's salary.
🌎 This move is in order to defend business operating margins amid fear of US/Europe recession. Nearly 90% of Wipro's revenue comes from US/Europe. Wipro's share price is down more than 38% from ATH.
- @InvestRepeat
Indian IT company Wipro holds back April-June quarter variable payouts for mid, senior-level employees.
For freshers & other associates, 70% of variable pay will be given only if they meet the billability threshold, along with August's salary.
🌎 This move is in order to defend business operating margins amid fear of US/Europe recession. Nearly 90% of Wipro's revenue comes from US/Europe. Wipro's share price is down more than 38% from ATH.
- @InvestRepeat
Porn = False Intimacy
Alcohol = False Confidence
Shopping = False Happiness
Fiat Currency = False Money
Processed Food = False Food
News Media = False Information
Education System = False Knowledge
- @InvestRepeat
Alcohol = False Confidence
Shopping = False Happiness
Fiat Currency = False Money
Processed Food = False Food
News Media = False Information
Education System = False Knowledge
- @InvestRepeat
If your net worth is more than ₹5 Crore in fiat, you should actively look for moving to a better tax location.
🌎 Like Tbilisi, Dubai etc.
- @InvestRepeat
🌎 Like Tbilisi, Dubai etc.
- @InvestRepeat
I still see Indians saying crypto won't be banned in India.
India literally banned an Open Source Video Player software because some bad guys copied that code, modified it & were distributing it 'separately'. Original software is still working perfectly.
Crypto getting banned is just a matter of time in India. Stay prepared, anon.
- @InvestRepeat
India literally banned an Open Source Video Player software because some bad guys copied that code, modified it & were distributing it 'separately'. Original software is still working perfectly.
Crypto getting banned is just a matter of time in India. Stay prepared, anon.
- @InvestRepeat
🥇 I own gold myself, but it doesn't really solve any real-world problem:
① Censorship - Can't even use gold to do quick/micro transactions. In the world of Govt controlled fiat (CBDC) your gold doesn't help you with anything.
② Store of Value - Can't carry my net worth in gold. Will be seized/stolen by Govt or thieves.
③ Doesn't work when needed - When Ukraine was attacked by Russia, Ukraine's citizens needed gold to escape/survive. What really happened? Gold from Ukraine was looted/stolen, meanwhile price of gold went up in rest of the world.
Gold works best for those who don't need gold - like me, living in a stable country. Ask anyone in Sri Lanka, Nigeria etc. if gold is solving any real problem for them.
- @InvestRepeat
① Censorship - Can't even use gold to do quick/micro transactions. In the world of Govt controlled fiat (CBDC) your gold doesn't help you with anything.
② Store of Value - Can't carry my net worth in gold. Will be seized/stolen by Govt or thieves.
③ Doesn't work when needed - When Ukraine was attacked by Russia, Ukraine's citizens needed gold to escape/survive. What really happened? Gold from Ukraine was looted/stolen, meanwhile price of gold went up in rest of the world.
Gold works best for those who don't need gold - like me, living in a stable country. Ask anyone in Sri Lanka, Nigeria etc. if gold is solving any real problem for them.
- @InvestRepeat
If you're having a hard time focusing on your work & completing things - use Pomodoro Technique.
25 min work
5 min break
25 min work
5 min break
so on...
👨💻 And when I say "work", I mean "deep work" with absolute focus. Close the doors of your room. There are many sites like pomofocus.io that have pomodoro timers.
- @InvestRepeat
25 min work
5 min break
25 min work
5 min break
so on...
👨💻 And when I say "work", I mean "deep work" with absolute focus. Close the doors of your room. There are many sites like pomofocus.io that have pomodoro timers.
- @InvestRepeat
In personal net worth ₹ ₹ ₹
Today's highest gainer in the world was Adani.
One of the highest losers today was Ambani.
- @InvestRepeat
Today's highest gainer in the world was Adani.
One of the highest losers today was Ambani.
- @InvestRepeat
Was going through Barbeque Nation's (BARBEQUE) Q1FY23 Earnings Call
They said they're working on a dedicated delivery-only online biryani brand, for some time now. 👀
They will pilot it this month in a few locations and if successful, roll-out to more locations. Interesting to see if they can take away non-organised sector's market share. Biryani is a majorly non-organised food niche.
- @InvestRepeat
They said they're working on a dedicated delivery-only online biryani brand, for some time now. 👀
They will pilot it this month in a few locations and if successful, roll-out to more locations. Interesting to see if they can take away non-organised sector's market share. Biryani is a majorly non-organised food niche.
- @InvestRepeat
BREAKING (moneycontrol): TCS delays part of salary for select employees.
After Wipro, Indian IT company TCS has now delayed June quarter variable pay of senior employees (Grades - C3A, C3B, C4 & equivalent)
"This will be paid along with Aug 2022 payroll to eligible associates" as per TCS.
This comes on the back of serious concerns about prolonged recession in US/EU, which are major revenue sources for Indian IT companies.
- @InvestRepeat
After Wipro, Indian IT company TCS has now delayed June quarter variable pay of senior employees (Grades - C3A, C3B, C4 & equivalent)
"This will be paid along with Aug 2022 payroll to eligible associates" as per TCS.
This comes on the back of serious concerns about prolonged recession in US/EU, which are major revenue sources for Indian IT companies.
- @InvestRepeat