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
• 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
Gold is good at storing value, but not moving value.
Crypto is good at moving and storing value.
- @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
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
"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
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
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
⚡️ 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
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
- @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
⚡️ 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
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
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
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
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
Google & Apple are both equally bad, but in general if you have to use a Phone/OS with privacy, security & stability - choose it in this order:
1. (Best) Google Pixel running GrapheneOS.
2. Google Pixel running CalyxOS.
3. Apple iPhone running iOS.
4. Google Pixel running Android.
5. Samsung phones running their version of Android.
6. (Worst) Xiaomi, Vivo, Realme etc.
- @InvestRepeat
1. (Best) Google Pixel running GrapheneOS.
2. Google Pixel running CalyxOS.
3. Apple iPhone running iOS.
4. Google Pixel running Android.
5. Samsung phones running their version of Android.
6. (Worst) Xiaomi, Vivo, Realme etc.
- @InvestRepeat
🇮🇳 Crypto Stack for Indians
Bitcoin (BTC)
• Getting: AgoraDesk.com
• Sending/Receiving: SamouraiWallet.com (On-chain) & BlueWallet.io (Lightning)
• Securing: Umbrel.com
Monero (XMR)
• Getting: LocalMonero.co
• Sending/Receiving: Cake Wallet
• Securing: Full/Pruned Node
Zcash (ZEC)
• Sending/Receiving: ZecWallet.co
Bitcoin (BTC)
• Getting: AgoraDesk.com
• Sending/Receiving: SamouraiWallet.com (On-chain) & BlueWallet.io (Lightning)
• Securing: Umbrel.com
Monero (XMR)
• Getting: LocalMonero.co
• Sending/Receiving: Cake Wallet
• Securing: Full/Pruned Node
Zcash (ZEC)
• Sending/Receiving: ZecWallet.co
⚡️ Last 5-year return
Mutual Fund: 11.09%
PMS: 11.31%
Index Fund/ETF: 12.8%
⚡️ Last 3-year return
Mutual Fund: 16.84%
PMS: 17.19%
Index Fund/ETF: 17.8%
In short, despite having low fees Nifty Index Fund & ETFs outperformed both Portfolio Management Services (PMS) & Mutual Funds.
- @InvestRepeat
Mutual Fund: 11.09%
PMS: 11.31%
Index Fund/ETF: 12.8%
⚡️ Last 3-year return
Mutual Fund: 16.84%
PMS: 17.19%
Index Fund/ETF: 17.8%
In short, despite having low fees Nifty Index Fund & ETFs outperformed both Portfolio Management Services (PMS) & Mutual Funds.
- @InvestRepeat
No one is coming.
No one is coming to tell you to wake early.
No one is coming to tell you to workout.
No one is coming to tell you to find an extra income source.
No one is coming to tell you to eat healthy.
It is on you, anon. No one is coming to save you.
- @InvestRepeat
No one is coming to tell you to wake early.
No one is coming to tell you to workout.
No one is coming to tell you to find an extra income source.
No one is coming to tell you to eat healthy.
It is on you, anon. No one is coming to save you.
- @InvestRepeat
Motilal Oswal is reopening international ETFs like MON100 to market making. Good for ETF investors, expect exchange prices & iNAV leveling out - lower premium.
New investments still NOT allowed in Nasdaq 100 Fund of Fund, S&P 500 Index Fund etc.
Note: They are able to reopen due to market correction, SEBI/RBI still hasn't raised limits yet.
- @InvestRepeat
New investments still NOT allowed in Nasdaq 100 Fund of Fund, S&P 500 Index Fund etc.
Note: They are able to reopen due to market correction, SEBI/RBI still hasn't raised limits yet.
- @InvestRepeat
West is getting degenerate every day (Article Link here - The Sun). And Indian men & women proudly keep following western culture.
📉 Once a mother-son relationship loses value, the country loses its value too; leading to its ultimate demise.
Family → Street → Locality → Town/City → State → Country
🧘♂️ It is the duty of all men to protect their daughter, wife, mother, sister from this degeneracy & help everyone get closer to god by following his teachings.
- @InvestRepeat
📉 Once a mother-son relationship loses value, the country loses its value too; leading to its ultimate demise.
Family → Street → Locality → Town/City → State → Country
🧘♂️ It is the duty of all men to protect their daughter, wife, mother, sister from this degeneracy & help everyone get closer to god by following his teachings.
- @InvestRepeat