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
🇮🇳 Equity Stack for Indians
Direct Stocks: Zerodha.com
ETFs: Zerodha.com
Index Funds: mfcentral.com
Portfolio tracking: ValueResearchonline.com & moneycontrol.com Website
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
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
As per your personal observation, which Indian IT company is most "innovative"?
Anonymous Poll
36%
TCS
25%
Infosys
13%
HCL Tech
13%
Wipro
13%
Tech Mahindra
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
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
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
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
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
🇱🇧 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
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
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)
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
🧃 Coca-Cola (KO) suspends all sales and production in Russia.
🧃 Pepsi (PEP) reportedly stopped manufacturing several of its popular soda brands in Russia.
- @InvestRepeat
"Wealth Tax" is never 'temporary'. Also it has never worked in past, and it won't in the future too.
🌍 But it does one thing for sure - high IQ/EQ people who actually can create jobs/wealth leave that country.
So people staying behind in that country have to pay more taxes to compensate for people who left.
🧘♂️ As I keep saying, only "Sovereign Individuals will survive this decade." Your wealth either will be stolen by inflation or by taxes.
Encrypt your wealth. Create multiple income sources, preferably in multiple currencies & stored in multiple jurisdictions.
- @InvestRepeat
🌍 But it does one thing for sure - high IQ/EQ people who actually can create jobs/wealth leave that country.
So people staying behind in that country have to pay more taxes to compensate for people who left.
🧘♂️ As I keep saying, only "Sovereign Individuals will survive this decade." Your wealth either will be stolen by inflation or by taxes.
Encrypt your wealth. Create multiple income sources, preferably in multiple currencies & stored in multiple jurisdictions.
- @InvestRepeat
I highly suggest you calculate your Savings % each month.
You earned ₹100 this month & on the last day when you calculate you have ₹55 left, then your Saving % is 55%. Use some apps like Monefy (Not sponsored or promotion).
Put that in a chart in excel/google sheet. That chart should keep going up, bare minimum it should never go down in a long-enough time frame.
- @InvestRepeat
You earned ₹100 this month & on the last day when you calculate you have ₹55 left, then your Saving % is 55%. Use some apps like Monefy (Not sponsored or promotion).
Put that in a chart in excel/google sheet. That chart should keep going up, bare minimum it should never go down in a long-enough time frame.
- @InvestRepeat