In 2022, being an Sovereign Individual isn't a luxury, it is a necessity.
National Pension System (NPS)
Let's say you're 28.
You invest ₹4200/month in an NPS fund till you're 60 years of age.
Once you're 60,
You get ~₹90 lakh lump sum return.
And ~₹30,000 monthly pension forever.
₹4200 you're paying now can be claimed in ITR (₹50k total). Also, the ₹90 lakh maturity amount is fully tax-free.
- @InvestRepeat
Let's say you're 28.
You invest ₹4200/month in an NPS fund till you're 60 years of age.
Once you're 60,
You get ~₹90 lakh lump sum return.
And ~₹30,000 monthly pension forever.
₹4200 you're paying now can be claimed in ITR (₹50k total). Also, the ₹90 lakh maturity amount is fully tax-free.
- @InvestRepeat
I personally think it is better to buy five 1g gold coins than one 5g coin, even if I have to pay a bit more premium.
As in worst case, if I have to use it in future - I can give someone one 1g coin in return for a service and still have 4g left.
Can't do that with a 5g coin.
- @InvestRepeat
As in worst case, if I have to use it in future - I can give someone one 1g coin in return for a service and still have 4g left.
Can't do that with a 5g coin.
- @InvestRepeat
How many times you eat fast food / readymade food?
Anonymous Poll
33%
Once a week
26%
Mutiple times a week
29%
Once a month
13%
Multiple times a month
"Jio Financial Services could be the fifth-largest financial services company in India in terms of net worth." - Suresh Ganapathy
Don't forget he is the same person who predicted that Paytm's stock price will crash in an iconic call on listing day.
JFS is led by Govt/RBI close ally KV Kamath. He is the same person who scaled ICICI's business.
- @InvestRepeat
Don't forget he is the same person who predicted that Paytm's stock price will crash in an iconic call on listing day.
JFS is led by Govt/RBI close ally KV Kamath. He is the same person who scaled ICICI's business.
- @InvestRepeat
Spend at least 20% of your time with people who are at least 10 years older than you (preferably not family members).
You’ll bring them vision & energy.
They’ll give you wisdom & opportunities.
- @InvestRepeat
You’ll bring them vision & energy.
They’ll give you wisdom & opportunities.
- @InvestRepeat
HR is not there for the benefit of the employees.
They are there to limit the liability of the employer.
That's by design and very few understand this.
- @InvestRepeat
They are there to limit the liability of the employer.
That's by design and very few understand this.
- @InvestRepeat
In a salaried world,
Raises and Promotions are NOT given to the employees who work the hardest. They are given by management to those they KNOW and LIKE.
If you are a salaried individual, best way to increase your salary is to be 'known' & 'liked'.
- @InvestRepeat
Raises and Promotions are NOT given to the employees who work the hardest. They are given by management to those they KNOW and LIKE.
If you are a salaried individual, best way to increase your salary is to be 'known' & 'liked'.
- @InvestRepeat
EMI = You work hard every day to pay them money. They do nothing.
SIP = They work hard every day to pay you money. You do nothing.
Read that twice & understand the difference if you want to be wealthy ₹ ₹ ₹.
- @InvestRepeat
SIP = They work hard every day to pay you money. You do nothing.
Read that twice & understand the difference if you want to be wealthy ₹ ₹ ₹.
- @InvestRepeat
Set aside atleast 5% of your monthly income (after taxes) and put it in a bank account called "Enjoyment Fund".
Don’t invest it ₹ ₹ ₹.
Spend it recklessly on experiences & things you want to do for personal enjoyment, and don't make yourself justify that spending.
- @InvestRepeat
Don’t invest it ₹ ₹ ₹.
Spend it recklessly on experiences & things you want to do for personal enjoyment, and don't make yourself justify that spending.
- @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/ovlfG5Iwnzo
☀️ 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/ovlfG5Iwnzo
YouTube
i QUIT - BEST DECISION OF MY LIFE
i QUIT my job to travel the world and it was the best decision of my life. Follow your passion and you will be blown away at what you can accomplish. When I quit, I walked away from a job that I had spent 4 years in a school studying to achieve and I also…
The best way to increase your savings is to increase your income.
🧘♂️ ₹ ☀️
🧘♂️ ₹ ☀️
Many know that Aditya Birla Fashion & Retail (ABFRL) may pay ₹100 Cr for a majority stake in famous e-commerce site Bewakoof.
But few know that pharma & chemical manufacturer Aarti Industries (AARTIIND) already owns ~9% stake in Bewakoof.
- @InvestRepeat
But few know that pharma & chemical manufacturer Aarti Industries (AARTIIND) already owns ~9% stake in Bewakoof.
- @InvestRepeat
BREAKING (Reuters): Ghana planning to buy oil with gold instead of U.S. dollars.
This is for tackling dwindling foreign currency reserves coupled with demand for $ by oil importers, which is weakening the local fiat currency & increasing living costs.
- @InvestRepeat
This is for tackling dwindling foreign currency reserves coupled with demand for $ by oil importers, which is weakening the local fiat currency & increasing living costs.
- @InvestRepeat
If I give you ₹1000 every day for 10 years, you will have ₹36,50,000.
If I give you ₹1000 and then 0.5% on your balance every day, at the end of 10 years you will have ₹80,56,11,03,397.
That's the power of Compound Interest 🚀
- @InvestRepeat
If I give you ₹1000 and then 0.5% on your balance every day, at the end of 10 years you will have ₹80,56,11,03,397.
That's the power of Compound Interest 🚀
- @InvestRepeat
You will never look at money the same way again once you start investing.
When you see your ₹500 turn into ₹565 for the first time, you won't waste your money anymore on things that don't multiply your money.
Investing creates a new way of thinking.
- @InvestRepeat
When you see your ₹500 turn into ₹565 for the first time, you won't waste your money anymore on things that don't multiply your money.
Investing creates a new way of thinking.
- @InvestRepeat
Many didn't notice this yet but slowly & steadily Monero (XMR) has climbed from the 30th spot to 27th largest crypto as per market cap.
No company/influencer pumping it.
No one knows who created it.
Most exchanges don't list it.
Best cash alternative.
No VC/Govt loves it.
- @InvestRepeat
No company/influencer pumping it.
No one knows who created it.
Most exchanges don't list it.
Best cash alternative.
No VC/Govt loves it.
- @InvestRepeat
Credit Suisse hits new record low. It is Switzerland's second-largest bank & one of the largest investment banks in the world.
Switzerland is the 5th largest/richest country (excluding territory or non IMF members) in the world as per GDP per Capita.
- @InvestRepeat
Switzerland is the 5th largest/richest country (excluding territory or non IMF members) in the world as per GDP per Capita.
- @InvestRepeat
I don't buy iPhone because I can't really own it. Even after paying unnecessary amount of ₹ ₹ ₹, Apple still owns my iPhone.
Apple/Tim Cook decides
- What stuff I can see on their hardware
- What exact apps I can download
- They even wanted to scan all personal photos & messages so that I don't have something 'bad' (Source)
Buying Apple products = Contributing to abolishing Democracy.
Apple/Tim Cook decides
- What stuff I can see on their hardware
- What exact apps I can download
- They even wanted to scan all personal photos & messages so that I don't have something 'bad' (Source)
Buying Apple products = Contributing to abolishing Democracy.