More billionaires, adopt/promote a specific crypto - the worse that crypto gets.

Crypto needs more Satoshis, not more Saylors or Musks.

- @InvestRepeat

Last month (Aug 2022) was my highest income ₹ ₹ ₹ month ever.

To celebrate it, bought a silver ring & a bracelet for myself. (Also kind of a silver investment)

And as usual, donated Aug's 2% income. Donated to Internet Freedom Foundation (IFF) ➞ internetfreedom.in/donate

BREAKING (Economic Times): Brazil bans Apple (AAPL).

Brazil's Justice Ministry has fined $2.38 million and has suspended sales of all iPhone models that do not come with a power charger.

Brazil Govt says this is Apple's "deliberate discriminatory practice against consumers". Earlier others have also accused Apple of using "Environmental Excuses" to not provide essential items like charger with their phones & in-turn charge massive fees to sell that same charger to that same customer.

- @InvestRepeat

They are taxing us half of our income.

They are printing unlimited fiat (₹, $) and destroying rest of our savings.

They want us poor, miserable, sick, and compliant.

Opt-Out of the Surveillance Economy. Be a Sovereign Individual 🌞

- @InvestRepeat

August 2022's dividend update. Received from

✨ TCS (TCS)
✨ Reliance (RELIANCE)
✨ Larsen & Toubro (LT)
✨ HCL Tech (HCLTECH)
✨ FIEM Industries (FIEMIND)

Average monthly stock dividend & crypto staking rewards is now in 3 digits ₹ ₹ ₹. Next goal is to hit the 4-digit mark.

Adani group Price to Earnings (PE):
ATGL = 799
Adani Green = 747
Adani Enterprises = 408
Adani Transmission = 463

To put that into perspective, Reliance's PE is currently at 27.2

People are ready to pay ₹400-₹700 for every ₹1 Adani makes. Just saying.

- @InvestRepeat

Was discussing (especially with women) about Nykaa & why they use it. Almost all had similar points

• Delivery is sometimes faster than Flipkart or Amazon.

• Brands there can be trusted, as Nykaa directly sources the products. Anyone can't just sell on Nykaa.

Interesting. Researching more 👀

- @InvestRepeat

Fiat (₹, $) is good at moving value, not storing value.

Gold is good at storing value, but not moving value.

Crypto is good at moving and storing value.

- @InvestRepeat

Being a mother is the most important career goal of a woman.

- @InvestRepeat

💰 Economics 101 - Financial Report 💰

Revenue - Cost of Goods Sold = Gross Profit

Gross Profit - Operating Expense = Operating Income

Operating Income - Interest Expense + Interest Income = Pre-tax Income

Pre-tax Income - Taxes Paid = Net Income

- @InvestRepeat

Nitin Kamath, Founder & CEO of Zerodha who has huge data on people's trading & investing habits said

"Less than 1% of active traders earn more money than a bank fixed deposit (FD) over a 3-year period"

Just by consistently buying ETFs or Index Funds you will beat 99% of traders.

- @InvestRepeat

I continue to believe, this decade is of Sovereign Individuals. (Screenshot article linked here)

Love the term Balaji uses - "Vote with your feet" & people are literally doing that.

🌎 Internet has allowed people to earn/live from anywhere. If they don't like a place (due to family safety, income opportunities, taxes etc.), they'll just pick up their family & leave.

When when I say 'people' - I generally mean Sovereign Individuals who has more than one (salary) source of income.

- @InvestRepeat

Huge volume coming into Nifty IT ETFs these days - probably traders are trading the index.

Today top 2 ETFs by volume are
Kotak Nifty IT = 1.5 Cr+ volume
Nippon Indian Nifty IT = 80 lakh+ volume

Traders often use ETFs in sectors that are liquid enough like Nifty IT ETFs, to trade that entire sector.

- @InvestRepeat

Just 10 years of consistent investing can change your life forever

⚡️ 13-14% CAGR
⚡️ 10-year monthly SIP
⚡️ ₹20,000 Per Month
⚡️ Increase SIP amount by 5% each year
⚡️ After 10 years stop SIP - no more investment
⚡️ Let it compound for 20 more years

₹7 Crore at retirement after 30 years.

- @InvestRepeat

BREAKING (Tehran Times): Iran will join China-led SCO alliance.

This week, Iran🇮🇷 will sign an agreement to join the Shanghai Cooperation Organization (SCO)

Iran has 10% of world's proven oil reserves and 15% of its gas reserves. They're also world's largest producer of saffron, pistachios, honey, & berries and 2nd largest date producer.

- @InvestRepeat

In your early 20s, god sends girls in your life to check if you're really loyal to your dreams.

- @InvestRepeat

🛢 If you are driving a car/bike that is powered by petrol/diesel burning, you're not following ESG rules & destroying the environment.

⚡️ If you are driving a car/bike that is powered by electricity and that electricity is generated by burning petrol/diesel, you're following ESG rules.

Don't break the "rules".

- @InvestRepeat

Just renewed my parent's HDFC Ergo health insurance for another 3 years. 🏥 💊 🧘‍♂️

During payment, it feels like a lot but it is absolutely necessary for long-term peace of mind.

Your first investment should be to get your family covered by a decent Health/Medical Insurance.

- @InvestRepeat

When Mukesh Ambani's net worth was ~$50 Billion, he spent $100 million on a wedding.

Your net worth is ₹50 lakh & you spent ₹10 lakh on wedding.

Ambani spent 0.2% of his net worth, while you spent 20% of your net worth.

Wealthy people not only can spend more but save more too.

- @InvestRepeat

Proof of Stake activated on Ξthereum. I am seeing all slots getting approved with PoS consensus.

⟠ Congrats to all developers. It will be an interesting experiment to look forward to.

Both PoW & PoS have their pros & cons - and I hope both win long term.

If we take into account all of these
Inflation
Road Tax
Income Tax
Property Tax
Professional Tax
Capital Gains Tax
Goods & Services Tax (GST)
Tax Deducted At Source (TDS)
Securities Transaction Tax (STT)

An above-average salaried Indian almost pays 50% of his salary/income to the Govt. I repeat, HALF of the income.

- @InvestRepeat