BREAKING (YourStory): NSE BANS STOCK GAMING APPS.

National Stock Exchange sent legal notices to at least half a dozen stock gaming apps that used real-time market data to create paper trading apps in form of games, competition etc.

NSE says these apps can't use the market data they 'own'.

- @InvestRepeat

Got the allotment for ₹18,000 that I invested yesterday in Parag Parikh Tax Saver Mutual Fund (PPFAS).

Got 858.392 units allotted. As usual, will keep accumulating more units every month (will cap it below ₹1.5 lakh annually)

Small small steps 🏃 → Financial Freedom 💸

- @InvestRepeat

In next few days you will receive your salary.

Don't forget:
(1) Save at least 50% of it.
(2) Savings Bank accounts are garbage.
(3) Invest most of that savings in ETFs or Index Funds, Gold and Bitcoin by next month.

Financial freedom comes from discipline 💸

- @InvestRepeat

At this point, you should be certain that no one is coming to save you.

Not your political party.
Not your employer.
Not your govt.

No one.

- @InvestRepeat

Making more money ₹ ₹ ₹ than your parents is a feature, not a bug.

- @InvestRepeat

Telegram EXCLUSIVE - Sharing this only for the Telegram SIR Community.

☀️ We (who all are on this Telegram Channel) need to use our weekends to learn more & get ahead of those who doesn't learn at all or whose week ends on Friday. Don't spend your precious time on web series, Instagram etc. Learn, take notes, revise.

Kings & Queens, this Weekend Learning: https://youtu.be/balGGAd6ZrI

Egypt again devalued its fiat currency (EGP) by 15% overnight to satisfy bankers at IMF, so that they approve a loan. (Source: Bloomberg)

Egypt's central bank devalued their fiat (EGP) by 15% just this March. And 'official inflation' rate is at a 4-year high.

Normal Egyptian citizens who use/hold their fiat currency have lost more than 30% of their life savings in 2022 alone, because few bankers in suits behind closed doors with million $ salary decided that's the right thing.

- @InvestRepeat

Interesting data from Kuvera mutual fund platform.

Last week, money was flowing out of Motilal Oswal's Nasdaq 100 Fund & flowing into Kotak's Nasdaq 100 fund.

Also people are dumping Nifty 50 Equal Weight Index and putting more money into Nifty 50 Index Fund.

- @InvestRepeat

Beating the market is overrated.

Being in the market is underrated.

- @InvestRepeat

Men follow dharma.
Women follow men.
Children follow women.

Once this chain breaks, society breaks.

- @InvestRepeat

Where should I invest my money first?

1️⃣ Family Health Insurance
2️⃣ Term Insurance
3️⃣ 6-month Emergency Fund
4️⃣ ETFs or Index Funds
5️⃣ Gold
6️⃣ Crypto

Problem is most are starting from ④, ⑤ or ⑥.

- @InvestRepeat

Using Jio Fiber for a long time now. Faced issues recently. Approached Customer Support twice & it was pretty easy.

1st one got it fixed within 24hrs. Next one in just 6hrs. Continue to be a proud Reliance shareholder.

- @InvestRepeat

Invested ₹9284 in Mahindra Manulife Liquid Fund.

Every month I put a small amount in 1 of my 3 Liquid Funds (Emergency Fund) to keep the fund safe from inflation/fiat money printing.

Small small steps 🏃 → Financial Freedom 💸

- @InvestRepeat

Transparency time - Oct 2022:

💸 Savings rate
Last month 73.23%
All-time average 52.98%

💰 Net Worth increased by 13.65%

📈 Above chart is my overall portfolio performance Vs BSE Sensex Index in last 3 years (all-time CAGR 14.9%)

I believe, today was a record volume day for Nippon India Nifty Midcap 150 ETF.

MID150BEES had 1,25,11,247 in volume. It was the most traded ETF today. Almost 3X of NIFTYBEES and 5X of GOLDBEES volume.

- @InvestRepeat

Many Indians have a negative attitude towards money ₹ ₹ ₹ because of Bollywood movies.

Since childhood, they're seeing - Hero is a poor man, and Villain is a rich businessman.

- @InvestRepeat

Transparency time - Investing in Oct 2022:

✅ New Position:
None

🔼 Increased Position:
Gold (SGB)
Bitcoin (BTC)
Monero (XMR)
HCL Tech (HCLTECH)
Nifty 50 (NIFTYBEES)
Nasdaq 100 (MON100)
Nifty Next 50 (JUNIORBEES)
Nifty Midcap 150 (MID150BEES)
Emergency Funds (Liquid Funds)
PPFAS Tax Saver Mutual Fund

🔽 Decreased Position:
None

❗️ Exited:
None

I believe, today there was a good amount of buying/selling from Employees' Provident Fund Organisation or EPFO.

SBI Nifty 50 ETF (SETFNIF50) had 31,07,651 volume - the most traded ETF today. Almost 2X of NIFTYBEES volume. EPFO is known to invest only in SBI's ETFs.

DIIs (EPFO part of that) were also net seller of ₹1378.12Cr. Maybe EPFO was booking some profits.

- @InvestRepeat