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

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

🇮🇳 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

⚡️ 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

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

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

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

🇮🇳 Equity Stack for Indians

Direct Stocks: Zerodha.com

ETFs: Zerodha.com

Index Funds: mfcentral.com

Portfolio tracking: ValueResearchonline.com & moneycontrol.com Website

BREAKING (Reuters): India 🇮🇳 reducing exposure to Bangladesh 🇧🇩.

India's top lender SBI has asked exporters to avoid settling deals with Bangladesh in $ and other major currencies as it looks to curb exposure to Dhaka's falling reserves.

Exports can continue in Indian Rupee (INR) and Bangladeshi Taka (BDT).

- @InvestRepeat

Am often asked about this - I have weekly SIP in ICICIGOLD and sometimes do lumpsum in GOLDBEES.

These are the only two Gold ETFs I use.

- @InvestRepeat

At the last day of each month, you SHOULD calculate that month's entire income from all sources.

Put that ₹ ₹ ₹ figure in an Excel/Google sheet each month. Click Insert > Chart.

If that chart (line chart) isn't going up in a long enough time-frame, you're in deep trouble.

- @InvestRepeat

US Dollar (USD) hits 20-year high after Putin escalates the war by announcing 300,000 men 'partial mobilization'.

Indian Rupee (INR) hovering around the 80 mark and Bitcoin (BTC) hovering around $19,000. Meanwhile, Gold jumps nearly 0.5%.

- @InvestRepeat

Among international centralized crypto exchanges, if any doesn't list Monero or Zcash - they don't care about privacy & freedom of speech. They are here just to get fiat rich by charging trading fees.

With that in mind, I respect
👍 Binance
👍 Kraken
👍 Gemini

And I have no respect for
👎 FTX
👎 Bitstamp
👎 Crypto .com

In general - no centralized exchanges should exist in crypto.

- @InvestRepeat

BREAKING (Reuters): LEBANON’S BANKS WILL REMAIN SHUT INDEFINITELY.

🇱🇧 Banks will stay closed indefinitely after a series of heists as armed depositors attempt to withdraw their own fiat money from their own bank account.

Earlier, most banks in Lebanon already banned withdrawing money from own accounts.

- @InvestRepeat

Burger King's US-listed (QSR) company's CAGR in the last 8 years is just around 6-7%

Burger King's India-listed (RBA) company's CAGR will be interesting to track. Huge competition in this space too.

- @InvestRepeat

A friend called me this morning - late night he spent ₹48,000 to buy an iPhone 13 on Flipkart.

He was also insisting me to spend that amount as everything is on "sale" apparently. He said, I will miss an opportunity of a lifetime.

To honour my friend I 'spent' ₹48,000 to increase my Emergency Fund.

- @InvestRepeat

🇮🇳 Gold Stack for Indians

Physical Gold: Branded local stores & securely stored in personal home. (If possible better to spread across multiple jurisdictions)

SGBs: Zerodha.com/gold

ETFs: Zerodha.com (ICICIGOLD & GOLDBEES)

BREAKING (Forbes): After Putin's announcement to escalate the war,

🧃 Coca-Cola (KO) suspends all sales and production in Russia.

🧃 Pepsi (PEP) reportedly stopped manufacturing several of its popular soda brands in Russia.

- @InvestRepeat