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

Many Sovereign Gold Bonds (SGB) are currently trading at a 3%+ yield, basically more than Savings Bank Account + gold price appreciation.

Total Yield Maturity
SGBSEP28VI = 3.07%
SGBAUG28V = 3.03%
SGBJUN29II = 3.02%

Good for people looking for constant cash flow (dividend) without selling the asset.

- @InvestRepeat

Somebody is trying to buy 100 Sovereign Gold Bonds alone. That's 100g 'fake' gold.

So for about ₹5 lakh, he will ensure around ₹15,000 cash flow (dividend) credited to his/her bank account each year without doing anything.

This is how you use your money to buy more income.

- @InvestRepeat

Oct 2022's dividend update. Received from

₹ Sovereign Gold Bonds
₹ Crypto Staking Rewards (Haven't converted to fiat yet)

Have moved back focus on building strong monthly cash flow (like dividends) that I will keep receiving without doing any work.

Average monthly stock dividend & crypto staking reward is now in 3 digits. Next goal is to hit the 4-digit mark.

🚨 Numbers are out: India's M3 Money Supply grew by 9.1% in Oct 2022.

In dumb terms, Indian Govt & Central Bank RBI printed 9.1% more fiat currency in just 1 month.

The INR you're holding has been silently devalued by Indian Govt & elite bankers, and you got poorer. Thanks for playing this fiat game.

- @InvestRepeat