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

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

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

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

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

Nifty is back in the "Extreme Greed" zone.

- @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

Saving money is defense.
Making money is offense.

Winners are mostly on the offense.

- @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.

🇮🇳 Index Fund Update: Motilal Oswal has filed papers with SEBI for Nifty MidSmall India Consumption index fund.

Top 5 holding:
Trent 7.49%
Page Industries 6.57%
Indian Hotels 6.44%
TVS 5.84%
Varun Beverages 5.37%

- @InvestRepeat

BREAKING: SEBI opens investigation against PR Sundar, his son and his company for 'unregistered investment advisory'.

- @InvestRepeat

Unfortunately, due to our poor food quality and farming practices, we lack in several key nutrients even if we eat a balanced diet.

Taking the 'right' supplements 💊 is neither bad nor a luxury, but a necessity in today's world.

- @InvestRepeat

Transparency time - Nov 2022:

💸 Savings rate
Last month 50.34%
All-time average 52.92%

💰 Net Worth decreased by 6.95%

📈 Above chart is my overall portfolio performance Vs BSE Sensex Index in last 3 years (18.6% CAGR)

Motilal Oswal Nasdaq 100 ETF (MON100) is currently trading at a discount.

Price: ₹95.15
iNAV: ₹95.61

Nearly a 0.47% discount on its actual price.

- @InvestRepeat

🇮🇳 Index Fund & ETF Update: From today Motilal Oswal reopens 3 overseas schemes.

+ S&P 500 Index Fund
+ MSCI EAFE Top 100 Select Index Fund
+ Nasdaq 100 FoF (will increase MON100 ETF volume)

₹2 lakh max, per PAN, per month in each schemes allowed. Only lumpsums accepted, no SIPs.

- @InvestRepeat

BREAKING: IIFL launches India's first ELSS Index Fund.

Till now only actively managed Mutual Funds were available in ELSS category. Now with this, investors will have a low-cost passive fund tracking the Nifty 50 index; with tax benefits.

SEBI allowed ELSS Passive Funds category in May this year. IIFL is the first one to launch an NFO for a fund like this.

- @InvestRepeat

Transparency time - Investing in Nov 2022:

✅ New Position:
None

🔼 Increased Position:
Bitcoin (BTC)
Physical Silver
Monero (XMR)
Ethereum (ETH)
Nifty 50 (NIFTYBEES)
Nasdaq 100 (MON100)
Nifty Next 50 (JUNIORBEES)
Nifty Midcap 150 (MID150BEES)
Emergency Funds (Liquid Fund)

🔽 Decreased Position:
None

❗️ Exited:
None

Hearing IT companies telling employees to resign after X days if they didn't get any project.

> CEO says no layoffs. Media celebrates 'Such great company'.
> Companies fail to give project (work) despite hiring.
> Employees asked to resign instead of firing.
> So technically company fired no one. CEO still 'great guy'

Nice strategy 🤡

- @InvestRepeat

US Central Bank (Fed) raising rates to crush the economy (demand, jobs etc.) & control inflation.

Meanwhile,
Wages keep rising.
Nonfarm payrolls still strong.
Unemployment is still at 3.7%.

Though actual employed workers down but still concerning data points suggesting risk of wage price spiral. Fed wouldn't like this - they will have to crush the economy more to push more people into unemployment. 2023 looks worse than 2022.

- @InvestRepeat