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๐Ÿšจ 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
The more Indians buy iPhones in India, the more Indian Software innovation will halt.

โ€ข You can't push apps or new innovative features to iOS without Apple's own App Store & without Apple's approval.

โ€ข You can't charge/bill your own app's customers without Apple's own payment system & without Apple's approval.

๐Ÿ“ฑ Apple is a strictly gated community where Apple is the dictator & will crush anyone who doesn't obey their rules. Very few understand this.

- @InvestRepeat
Most medium/large companies use Jira tasks/stories to track internal work. Atlassian runs Jira Software.

Companies are so scared of the economy that they are even cutting down their Jira costs.

- @InvestRepeat
Motilal Oswal Nasdaq 100 ETF (MON100)

Current Price: 88.15
iNAV: 86.29

It's trading at more than 2.2% premium, which is huge. If you're planning to buy - you should only go for Limit Orders at a price closest to iNAV. Do not overpay.

- @InvestRepeat
Stage 1 โ†’ Startups start firing. Small companies put a hiring freeze.

Stage 2 โ†’ Small companies start firing. Mid-level companies put a hiring freeze.

Stage 3 โ†’ Mid-level companies start firing. Large companies put a hiring freeze.

Stage 4 โ†’ Large companies start firing.

We are in stage 3. If you read history, you'll know maximum pain in the economy starts after stage 4 is completed; not before or during the stages are going on.

- @InvestRepeat
Titan Q2 Results are out.
โ€ข Revenue up 21.8% YoY.
โ€ข Profit up 33.7% YoY.

โŒš๏ธ Watches and wearables business revenue up 21% YoY.

๐Ÿ’Ž Jewellery business revenue, excluding bullion up 18% YoY.

๐Ÿ‘€ Eye care business revenue increased 4% YoY.

- @InvestRepeat
After a long time, Motilal Oswal Nasdaq 100 ETF (MON100) was the most traded ETF of the day.

Current Price: 88.16
iNAV: 86.15

Bad news is - Due to SEBI/RBI restrictions it is still trading at more than 2.3% premium. People not buying near its iNAV price are losing 2.3%+ instantly. Avoid paying any premium.

For Motilal's ETFs like MON100 you can check iNAV in their own site: motilaloswalmf.com/etf

- @InvestRepeat
Few days ago, Reliance announced demerger/listing of Jio Financial Services (JFSL) to move into insurance etc. business.

Today Reliance announced KV Kamath as chairman Of Jio Financial Services. He is known as the father of retail consumer finance in India and is very close to RBI Governor as well as Indian PM.

Reliance is probably preparing for something big in this sector too.

- @InvestRepeat
Dollar ($) and Rupee (โ‚น) are currency.

Bitcoin (โ‚ฟ), Monero and Gold are money.

- @InvestRepeat
๐Ÿ‡จ๐Ÿ‡ณ China is not growing anymore.

World's largest hedge fund manager Ray Dalio's projection that China is a rising superpower and investing 'god' Charlie Munger's heavy investment/support for the Chinese companies & the CCP - seems to be not working out.

- @InvestRepeat
Whenever you receive a legitimate call from a call centre for loans or products - don't talk with them in an aggressive manner. Just say NO politely.

They are just doing their job to support their family.

Your job is to respect his hustle to feed his family.

TALK POLITELY.

- @InvestRepeat
A family member completed 3 months of his salaried life & decided to start his term insurance today.

He will pay ~โ‚น75,000 (after discount) annually for next 5 yrs. And if in case he passes away before age 75, his family will get โ‚น1.5 crores.

This โ‚น75k can be claimed under Section 80C, so tax deductible. His EPF is around โ‚น50k. So he will put the rest โ‚น25k in an ELSS Mutual Fund.

So total โ‚น1.5 lakh tax slab reduced and with that he now has safe EPF investment, risky ELSS investment and a term life insurance cover.

Most things covered for him. Very important for everyone to have a health and term insurance.

- @InvestRepeat
Hello,

You're having 'private' thoughts ๐Ÿ’ญ that may be illegal. If youโ€™re not having illegal thoughts whatโ€™s to hide?

Only criminals worry about privacy. Let me insert this chip in your brain ๐Ÿง  so we can monitor it.

Don't be scared if you're not having 'illegal thoughts', let us scan your thoughts.

Sincerely,
Your Govt
๐Ÿฆท Which toothpaste your family used the most in last 6 months?
Anonymous Poll
39%
Colgate
11%
Pepsodent / Close Up
20%
Dabur
15%
Patanjali
15%
Others
Parag Parikh MF's October factsheet is out. (Link here - click)

In a small investor note, Rajeev Thakkar suggests moving idle funds from Current Account to Liquid Fund.

In PPFAS Tax Saver Fund:
+ Bought NMDC Steel (0.35% of total portfolio)
+ Increased cash holding from 9.46% to 11.90%

- @InvestRepeat
NIFTYBEES is my Savings Account.
Gold price today across the world

๐Ÿ‡จ๐Ÿ‡ณ up 2.24%
๐Ÿ‡บ๐Ÿ‡ธ up 2.03%
๐Ÿ‡ช๐Ÿ‡บ up 1.51%
๐Ÿ‡ฏ๐Ÿ‡ต up 1.35%
๐Ÿ‡ฎ๐Ÿ‡ณ up 0.93%

- @InvestRepeat
If you're ignoring your health so that you can save more โ‚น โ‚น โ‚น for buying more ETFs or Mutual Fund units - there's no nice way of saying this but you're probably stupid.

- @InvestRepeat
After many days, PHARMABEES comes in the top 3 traded ETFs. It was the 2nd most traded ETF today.

With 40,99,941 volume it almost had 2X the volume of NIFTYBEES.

- @InvestRepeat
๐ŸŒ 2022 Returns (YTD)

Shopify (SHOP): -77%
Facebook (META): -70%
Nvidia (NVDA): -61%
Advanced Micro Devices (AMD): -61%
Bitcoin (BTC): -61%
PayPal (PYPL): -60%

But as per media & few mainstream people, only one of the above is a scam & should be banned. Rest are 'regulated' & all fine. ๐Ÿ˜‚๐Ÿคก

- @InvestRepeat