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
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
Have you ever bought any online courses?
Anonymous Poll
38%
Yes, will continue buying
12%
Yes, but won't buy any more
24%
No, won't buy online courses
26%
No, but open to buying in future
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
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
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
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
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
• 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
• 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
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
🇺🇸 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
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
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
✅ 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
🚨 Crypto World's largest "decentralized" stablecoin DAI has started buying US Govt Treasuries to back their coin.
It is the same US treasuries that China is dumping from their reserves because US Govt froze (censored) billions of $ of treasuries owned by Russia. MakerDAO will buy $500 Million worth of treasuries to back DAI.
🇺🇸 In short, if you own DAI you have to believe that US Govt won't get angry at people running MakerDAO (company running the DAI coin) or crypto in general.
If US Govt gets angry it will block the US treasuries DAI holds, DAI will lose its backing and you'll lose your money.
🤡 This is the definition of "Decentralized" stablecoin these days. You have to have faith in US Govt, just like how $ works currently.
As crypto becomes more centralized like what we already have 'banks' - Crypto guys will get more desperate & sell you garbage by wrapping it in a 'decentralized' colorful wrapper.
Do your own research. Don't fall for it. 99% of crypto is a SCAM.
- @InvestRepeat
It is the same US treasuries that China is dumping from their reserves because US Govt froze (censored) billions of $ of treasuries owned by Russia. MakerDAO will buy $500 Million worth of treasuries to back DAI.
🇺🇸 In short, if you own DAI you have to believe that US Govt won't get angry at people running MakerDAO (company running the DAI coin) or crypto in general.
If US Govt gets angry it will block the US treasuries DAI holds, DAI will lose its backing and you'll lose your money.
🤡 This is the definition of "Decentralized" stablecoin these days. You have to have faith in US Govt, just like how $ works currently.
As crypto becomes more centralized like what we already have 'banks' - Crypto guys will get more desperate & sell you garbage by wrapping it in a 'decentralized' colorful wrapper.
Do your own research. Don't fall for it. 99% of crypto is a SCAM.
- @InvestRepeat
Ways to buy gold (best to worst):
➊ Physical Gold
➋ Sovereign Gold Bond
➌ ETFs like ICICIGOLD
➍ Digital Gold from apps
- @InvestRepeat
➊ Physical Gold
➋ Sovereign Gold Bond
➌ ETFs like ICICIGOLD
➍ Digital Gold from apps
- @InvestRepeat
As per S&P's latest report, when compared to their respective benchmark index funds - in last 5 years
• 27.45% of Mid/Small cap funds underperformed index funds.
• 75.61% of ELSS funds underperformed index funds.
• 89% of large-cap funds underperformed index funds.
Over the 10-year time horizon, more than 60% of funds underperformed in all categories outside of Indian Equity Mid/Small Cap.
As SIR always say - Mutual Funds are the virus & Index Funds/ETFs are the vaccine.
- @InvestRepeat
• 27.45% of Mid/Small cap funds underperformed index funds.
• 75.61% of ELSS funds underperformed index funds.
• 89% of large-cap funds underperformed index funds.
Over the 10-year time horizon, more than 60% of funds underperformed in all categories outside of Indian Equity Mid/Small Cap.
As SIR always say - Mutual Funds are the virus & Index Funds/ETFs are the vaccine.
- @InvestRepeat
For those who are still unaware
Facebook is malware.
Instagram is a sexual marketplace.
- @InvestRepeat
Facebook is malware.
Instagram is a sexual marketplace.
- @InvestRepeat
This 6 tweet thread is very important for long term wealth creation (and also saving tax)
🔗 Read it here: https://twitter.com/InvestRepeat/status/1579373289579106304
Forward this post to other groups & your friends so that less Indians get scammed by Mutual Fund Advisors.
🔗 Read it here: https://twitter.com/InvestRepeat/status/1579373289579106304
Forward this post to other groups & your friends so that less Indians get scammed by Mutual Fund Advisors.
On what date should I do my SIP?
Last 10 years' data says literally any date in a month. There isn't any % return difference. Just choose one date and do a monthly SIP.
Most important thing is not to stop your SIP for next 10-15 years. That's how you create wealth.
- @InvestRepeat
Last 10 years' data says literally any date in a month. There isn't any % return difference. Just choose one date and do a monthly SIP.
Most important thing is not to stop your SIP for next 10-15 years. That's how you create wealth.
- @InvestRepeat
In any investment, Risk is always more important than Returns.
If the risk is above your comfort level, it doesn't matter how much return it gives.
- @InvestRepeat
If the risk is above your comfort level, it doesn't matter how much return it gives.
- @InvestRepeat