🌏 2022 Returns (YTD)

Bitcoin: -54%

PayPal: -54%

Nvidia: -60%

Facebook: -60.58%

AMD: -61%

Netflix: -62.38%

- @InvestRepeat

South Korea's Stock Index (Kospi)
2217 = 2232
2018 = 2232
2019 = 2232
2020 = 2232
Today = 2232

🇰🇷 In USD terms, KOSPI is actually at the same level as it was in 1989.

In short, South Korea's stock market has given NEGATIVE real returns in the last 33 years.

- @InvestRepeat

In last 3 years, Nifty 50 Equal Weight Index has actually outperformed Nifty 50 & Nifty Next 50 Index.

Not just that, Nifty 50 Equal Weight Index has outperformed all Large Cap Equity Mutual & Index funds (except 1 Quant fund)

- @InvestRepeat

SIP Data Out

Aug = ₹12,693 crore
September = ₹12,976 crore

SIP inflow at record high. 5th continuous month of SIP above ₹12k crore.

- @InvestRepeat

TCS Q2 Results are out.

• Revenue up 15.4% YoY.

• Profit up 8.41% YoY.

• Operating margin down 1.6% YoY.

• Order book stands at $8.1 billion.

• Attrition rate (people leaving company) continues to rise, at 21.5%.

• Dividend declared ₹8.

- @InvestRepeat

🍔 Today I Learned:

If you hold shares of Restaurant Brands Asia (RBA) you get a 50% discount coupon on 2 Burger King's collection burgers.

2 King Collection Burger costs ₹400. Shareholders get it for ₹200.

- @InvestRepeat

Intel's (INTC) stock price crashes to 1998 levels.

So, the world's largest semiconductor chip manufacturer gave no return for the last 24 years.

- @InvestRepeat

Kuvera releases platform stats (linked here - click) every week & it confirms human behaviour hardly changes.

Good: People continue to buy Nifty Index Funds. Dump stupid arbitrage & other scam high fee mutual funds.

Bad: Just because US markets are down people are selling US index funds. These people mostly bought at Nasdaq highs. Buy high, sell low.

- @InvestRepeat

Titan (TITAN) now entering saree business 👀

- @InvestRepeat

How to buy things?

Step 1: You decide to buy X today & check the price.
Step 2: ~ You wait for 3 days ~
Step 3: You re-decide if you 'really' need to buy X.
Step 4: Buy X.

You will see, you're saving so much ₹ ₹ ₹ each month; as 90% of the time you yourself will stop at step 3 - literally without any pressure. Try it.

- @InvestRepeat

Longest-maturity UK government bond (debt fund) has crashed worse than bitcoin over the past year.

So, if you are holding UK Govt Bond that comes with sovereign guarantee & backed by both UK's central bank & UK's Govt - you have lost MORE money than holding bitcoin.

Don't forget, as per bankers - Govt Bonds are 'risk-free' investment and bitcoin is 'extremely risky' investment.

- @InvestRepeat

Sovereign Gold Bond (SGBAUG28V) was issued at ₹5334 (with 2.5% fixed yearly interest).

Currently, the bond is trading at ₹4903 + 2.5% yearly of issue price.

So technically people buying now will get 2.72% interest yearly on their purchase price.

- @InvestRepeat

Many don't know this yet,

Bajaj Holdings owns 39.16% of Bajaj Finserv.
Bajaj Finserv owns 52.49% of Bajaj Finance.

In short, BAJAJHLDNG owns BAJAJFINSV owns BAJFINANCE.

- @InvestRepeat

Wipro Q2 Results are out.

• Revenue up 14.6% YoY.

• Profit down 9.27% YoY.

• Operating margin for IT segment up 0.16% sequentially.

• Order book up 24% YoY.

• Attrition rate (people leaving company) dips for 3rd consecutive quarter. Now at 23%.

- @InvestRepeat

HCL Tech Q2 Results are out.

• Revenue up 19.5% YoY.

• Profit up 7.1% YoY.

• Total contract value (TCV) for the quarter at $2.38 billion.

• Attrition rate (people leaving company) remains steady (near its highest) at 23.8%.

• Dividend declared ₹10.

• In an unexpected move, HCL Tech raised its revenue growth guidance for FY23 from 12-14% to 13.5-14.5%.

• But they reduced EBITA margin guidance from 18-20% to 18-19%.

- @InvestRepeat

BREAKING: Royal Mint site down for multiple European users.

Britain's oldest company and the official maker of UK bullion coins - Royal Mint's e-commerce website is down due to 'unprecedented demand' for gold & silver.

- @InvestRepeat

India & US data are out now.

🇺🇸 US inflation rising despite Fed raising rates.
🇮🇳 Indian Industrial growth contracted 0.8%, at 18-month low.

So Central banks have crushed demand by raising rates, still inflation getting out of control. They are losing control.

- @InvestRepeat

There is no way you’re going to avoid paying taxes ₹ ₹ ₹.

If you think you can scam the system you’ll end up paying (lawyers) even more & that'll destroy your savings over the next several years.

🌍 Only thing you can do is find the best tax jurisdiction for your family. Good news is, there are many such countries/jurisdiction.

- @InvestRepeat

Today added 2 more Sovereign Gold bonds to my portfolio for ₹9828.

This gives me safety & returns of gold in the long term. And in the short term, I will get additional cash flow (dividend) of ₹266.7 each year without doing anything.

Small small steps 🏃 → Financial Freedom 💸

- @InvestRepeat

STOP using plastic.

✅ Replace
Plastic Bottles → Copper Bottles
Plastic Bucket → Steel Bucket
Plastic Comb → Wooden Comb
Plastic Containers → Steel Containers
Plastic Bags → Cloth/Paper Bags

It doesn't cost much to NOT eat poison everyday. Using Plastic = Eating Plastic = Cancer.

- @InvestRepeat