MAX FINANCIAL SERVICES: GOVERNMENT OF SINGAPORE BOUGHT 1.74% STAKE IN CO DURING Q.

BHEL WINS ORDER WORTH 1400 CR: AWAAZ SOURCES TV.

*JSW ISPAT SPECIAL STEEL- HUGE SCOPE TO INCREASE UTILIZATION - STRONG RERATING (50% UPSIDE)POTENTIAL FROM CURRENT LEVELS- TRADES AT 40% DISCOUNT TO JSW STEEL FY23E EV/EBITDA VALUATIONS*

(CMP INR 40/Share, TGT INR 60/Share, Mcap INR 4,000 crore, Net Debt INR 2,500 crore)

KEY TRIGGERS

1.) *Solid Management (Led by JSW Steel) Track Record*- A consortium of AION Investments Private II Ltd., (AION) and JSW Steel acquired a majority stake in MIEL (Currently known as JSW ISPAT SPECIAL STEEL), and along with lenders, provided the funds for capital expenditure and working capital

2.) *Good Potential Capacity- Replacement Cost of INR 12,000-15,000 crore*- JISPL owns a 1 million ton steel plant with potential to increase it to 1.5 million ton. Also it has 0.8 million ton of Sponge Iron, 2.2 million ton of pellet, 0.96 million ton sinter plant and a 230 MW captive power plant.

3.) *Currently in Ramp up stage*- JISPL is operating its pellet plant at 80-85% utilization in FY21 and its steel plant at 40% utilization. With better demand and improving RM availability utilization is expected to increase significantly. JSW guides for 0.6 MT production of steel in FY22E and possibly 1 MT in FY23E.

4.) *JSW Groups Iron ore mines to help increase utilization*- JSWSL was declared as the “Preferred Bidder” for four operational mines recently auctioned in Odisha in Jan-Feb 2020. The estimated iron ore reserves of the above mines are around 1,131 million tonnes. Post-execution of the Mine Development and Production Agreement and all statutory clearances, JSWSL is expected to start the mining operations by 3QFY22. The proximity of these mines to JSW Ispat steel plant in Chhattisgarh is expected to increase the raw material availability for JSW Ispat. Post ramp up of iron ore mines JSW Ispat utilization is expected to hit 90-100%

5.) *Marketing synergies with JSW Steel Limited* - JSW Steel extend to using its Neosteel brand. Additionally JSWSL’s manufacturing facilities are located in the Southern and Western parts of the country. JSW ISpat strategic presence in the Eastern part of the country will enable the JSW Steel Group to tap the markets in Central, Northern and Eastern parts of India.

6.) *Earnings tailwinds from better pellet spreads*- JSW Ispat reported INR 200 crore EBITDA in 4QFY21, strong earnings will continue as pellet demand remains extremely strong and as spreads are also much higher.

7.) *FY23E to see full utilization & peak earnings*- With full utilization of capacities JSW Ispat can report INR 1,200 crore EBITDA in FY23E i.e INR 1,000 crore from its 1 MT Steel Capacity at (Steel margin assumption - INR 10,000 EBITDA/Ton) and INR 200 crore EBITDA from its 1 MT Pellet which will be sold externally (Pellet Margin Assumption- INR 2,000/Ton)

8.) *Quotes at a significant (40-45%) discount to JSW Steel* JSW Ispat is expected to do INR 1,200 crore EBITDA & INR 600 crore PAT in FY23E i.e. it quotes at 5x FY23E EV/EBITDA & 8x FY23E P/E, JSW Steel is currently quoting at 8x FY23E EV/EBITDA which is almost a 40% premium.

9.) *Potential Merger with JSW Steel*- JSW group is the most efficient converter of steel globally, and may eventually merge JSW Ispat with itself.

10.) *Good Interest in Recent OFS*- AOIN Group recently came up with an OFS to sell INR 10 crore shares at a floor price of INR 27/Share, which got executed at INR 35/Share.

11.) *Tax Exemption to help save Cash flows*- Given that JSW Ispat is an NCLT case, it won’t have to pay tax for few years which will result in INR 150-200 crore savings which could be utilized to expand capacity

Oversubscription figures:
GR Infraprojects 102x
Clean Science 93x

The total funds locked in these 2 IPOs together is 2.42 lakh crores💰 (or) equivalent to India’s annual budget for healthcare 🙈⚡⚡
#cleanscience #GRINFRAPROJECTS

Clean Science & Technology
Applications – 26,94,299 applications
Allotment ratio - 3:20

GR Infraprojects
Applications – 23,80,229
Allotment Ratio – 2:19

Another Pune success story.

💐 *Clean Science IPOs*

- Largest Chemical IPO in the history of IPOs

- Total Money mobilised is INR 1,00,000 Crores 😳😳+++, making it the 7th highest in the history

DELTA CORP:
Q1 CONS NET LOSS 289.3M RUPEES VS LOSS 282M (YOY) | PROFIT 578M (QOQ)

Q1 REVENUE 758.7M RUPEES VS 483M (YOY)

Moneycontrol.com: Here's why Tata Steel can rise further by 23% after surging 260% in 1 year.
https://www.moneycontrol.com/news/business/stocks/heres-why-tata-steel-can-rise-further-by-23-after-surging-260-in-1-year-7149581.html

VLS FINANCE: BEST YET TO COME
ADD/BUY TP ₹ 500+

➡️VLS has gradually sold decent chunk of Relaxo in Q1FY22. We estimate that NP of Q1FY22 of VLS should be more than 350 Cr ( ₹ 90 EPS). All this money should be used for starting NBFC ( gold finance or HFC)
➡️➡️ Court case pertaining to ownership of 5 star hotel should also come in VLS favour

*VLS finance: DoW times update:*
*Key takeaways from Q4 performance*📑

💡Highlight: 2,800cr worth investments. Market cap just 630 cr

✅VLS *Q4 profit ₹107 Cr* (it’s *whole market cap just ₹630 Cr*)😱😱
✅Value of investments as on 31st March 2021: *₹2,800 Cr ++* ♠️♠️
✅ Value will be much higher now as on 30th june as its investments in Relaxo itself are >25% up in this June quarter
✅ *Book value: ₹629*(At cmp of ₹163, tdg at just 0.26 BV!!)😵
✅ *Q4 EPS: ₹27*🚀. FY21 EPS: ₹57🔥. PERatio 3
🎯VLS also has stake in 5 Star hotel in Connaught Place Delhi

23 years after it was founded, Pine Labs has reached a $3 billion valuation. What is next for the firm? https://www.bloombergquint.com/business/with-600-million-fundraise-pine-labs-steps-up-focus-on-merchant-payments

HCL Technologies bags IT modernisation deal from The Mosaic Company

https://www.moneycontrol.com/news/business/hcl-technologies-bags-it-modernisation-deal-from-the-mosaic-company-7152761.html

Download moneycontrol app: http://m.moneycontrol.com/mom

Is the sugar industry finally coming of age? - Business Line - https://www.thehindubusinessline.com/opinion/is-the-sugar-industry-finally-coming-of-age/article35218956.ece

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🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 10 Jul/आषाढ मास(Saturday) ग्रीष्म ऋतू {कृष्ण पक्ष}*🙏🏻
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*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣

1. Gujarat to Reopen Schools for Class 12, Colleges from July 15. Students can attend physical classes on a voluntary basis. Attendance will not be mandatory.

2. Haryana to reopen schools for Classes 9 to 12 from July 16. No decision has been taken yet to open school for students of Classes 1 to 5.

3. Marriages and funerals will be permitted in Delhi with a limited number of attendees across all the four grades under the colour-coded action plan approved by authorities. The four colour codes in the increasing severity order - 'Yellow', 'Amber', 'Orange' and 'Red', based on positivity rate (on two consecutive days), cumulative number of new cases (over a week) and average oxygenated-bed occupancy (for a week) will designate four levels of alerts.

4. Kerala was put on alert on Friday following the outbreak of Zika virus in the state, while the Centre rushed a team of experts to monitor the situation and aid the state government in management of the cases after 13 new ones were confirmed.

5. West Bengal Senior politician Mukul Roy, who recently switched over to the ruling Trinamool Congress camp in Bengal after winning the state polls on a Bharatiya Janata Party ticket, was on Friday appointed as the chairperson of the important Public Accounts Committee in the assembly by Speaker Biman Banerjee

6. Shiromani Akali Dal (SAD) chief Sukhbir Singh Badal promised govt jobs to family members of farmers who died during the agitation against the Centre's farm laws if the coalition led by his party comes to power in the state. Punjab Chief Minister Amarinder Singh who slammed the SAD leader for "shameless" attempts to "befool" farmers by announcing poll promises that the current state government had already started executing long ago.

7. Today Defence Minister Rajnath Singh birthday (born 10 July 1951). He is the former President of BJP and previously served as the Chief Minister of Uttar Pradesh and as a Cabinet Minister in the Vajpayee Govt.

8. A four-day brain-storming meeting of Rashtriya Swayamsevak Sangh ‘pracharaks' (full-time workers) began in the presence of the organization's head Mohan Bhagwat at Chitrakoot in Madhya Pradesh's Satna district.

9. Suspended IGP Paramraj Singh Umaranangal on Friday agreed to undergo Polygraph, Brain Electrical Activation Profile and Narco Analysis Test a month after the newly formed Special Investigation Team (SIT) probing the Kotkapura police firing case.

10. Delimitation Commission says, delimitation exercise to redraw boundaries of Assembly constituencies of J&K will be completed in transparent manner. Population will be the main criteria for delimitation but priority will be also the area, geography, topography and also the communication facilities of the areas.

11. The Hindustan Aeronautics Limited (HAL) will soon get the approval to develop a futuristic High Altitude Pseudo Satellite (HAPS). The programme is spearheaded by the HAL in partnership with a Bengaluru based start-up.

12. The Army is in the process of procuring an unspecified number of anti-drone systems that will detect and jam the communication and navigation signals of a hostile unmanned aerial vehicle (UAV) .

13. Indian Navy on Friday announced prohibition on flying of non-conventional aerial objects like drones and UAVs (Unmanned Aerial Vehicles) within the 3 kms ambit of Naval Base, Naval Units and Naval assets.

14. Indian Navy has invited applications for the recruitment to the post of sailors MR for 350 vacancies (approx) in the October 2021 batch. Interested and eligible, unmarried male candidates can apply online for the post through the official website of the Indian Navy on or before July 23.

15. Indian Army will conduct a recruitment rally at Mahatma Phule Krishi Vidyapeeth, Rahuri, Ahmednagar from September 7 to 23 for selection of Soldier General Duty, Soldier Tradesman (10th pass), Soldier Tradesman (8th pass), Soldier Technical, Soldier Technical (Aviation/ Ammunition examiner), Soldier Nursing Assistant or Nursing Assistant Veterinary. The rally will be held for candidates from Ahmednagar, Beed, Latur, Osmanabad, Pune and Solapur districts.

✈ *INTERNATIONAL NEWS*

1. Finance Minister Nirmala Sitharaman participated virtually in the G20 High-Level Tax Symposium on tax policy and Climate Change on 09 Jul. The Symposium was organised by G20 Italy, ahead of the 3rd G20 Finance Ministers and Central Bank Governors Meeting.

2. Defence Minister Rajnath Singh on 09 Jul (Friday) spoke to his Israeli counterpart Benjamin Gantz to congratulate him on taking office. India looks forward to working closely with Israel to deepen Defence Cooperation and Strategic Partnership.

3. Chief of Army Staff Gen MM Naravane on 08 Jul inaugurated a memorial in the Italian town of Cassino as a mark of respect to the Indian soldiers who made the supreme sacrifice in World War II.

4. India on Friday made it clear to the Organisation of Islamic Cooperation (OIC) that its “interference” in the country’s internal matters is “unnecessary”. It also warned OIC to not get used by “vested interests”, in a veiled attack on Pakistan.

5. External Affairs Minister Dr. S Jaishankar will pay a two-day official visit to Georgia starting from Fiday at the invitation of the Vice Prime Minister and Foreign Minister of Georgia David Zalkaliani

6. External Affairs Minister Dr S Jaishankar on 09 Jul held talks with his Russian counterpart Sergei Lavrov in Moscow. In his statement at the Joint Press conference following the meeting, Dr Jaishankar said the time-tested and trust-based India Russia relationship remains very strong and continues to grow. He expressed appreciation for the support India got from Russia during the second wave of the COVID pandemic this year.

6. India Rail Cargo movement between India and Nepal gets a big boost. The Railways Ministry said, Cargoes in all categories of wagons that can carry freight on Indian Railways network within India can also now carry freight to and from Nepal. India and Nepal had signed a Letter of Exchange, LoE to the India-Nepal Rail Services Agreement 2004 on 28th June.

7. PM Modi has condoled the assassination of President of Haiti Jovenel Moïse and the attack on First Lady Martine Moïse.

🌎 *WORLD NEWS* 🌍

1. Several parts of China have been hit by floods & mudslides after a round of torrential rains hit the country. The downpour that started in early July 2021 triggered floods and mudslides in eastern and southern China.

2. A group of 28 foreign mercenaries, including retired Colombian soldiers, assassinated Haiti's President Jovenel Moïse earlier this week on 7 Jul 2021. In the early morning of 7 July 2021, Moïse was assassinated and his wife Martine was injured during an attack on their private residence in Pétion-Ville. Claude Joseph, the interim prime minister, took control of the country following Moïse's assassination.

3. Moise, a 53-year-old former businessman who took office in 2017, was shot dead and his wife, Martine Moise, was seriously wounded when heavily armed assassins stormed the couple's home in the hills above Port-au-Prince.

4. Death toll in Bangladesh factory fire goes up to 52 and 25 others injured as a juice factory caught fire at Rupganj in Narayanganj near Dhaka. The fire broke out in the six-storey building late on 08 Jul (Thursday) evening. The cause of the fire is not known yet.

🚣🚴🏇🏁🏊 *Sports:*

1. PM Modi reviewed preparations for facilitation of India’s contingent at Tokyo Olympics. He discussed the logistical details, their vaccination status and the multi-disciplinary support being given. On the 13th of this month, the Prime Minister will interact with Tokyo-bound athletes virtually.

2. The Olympics will take place without spectators in the host city Tokyo as a resurgent coronavirus forced Japan to declare the COVID State of Emergency in the capital that will run throughout the event. Japan's Minister for the Tokyo 2020 Olympic & Paralympic Games, Tamayo Marukawa made the announcement.

3. Indian Women Cricket team Tour to England
Match on , Jul 09, 2021
EN-W : 177/7 (20.0/20)
IN-W: 54/3 (8.4/20)
England Women beat India Women by 18 runs (D/L method)

4. Indian Women Cricket team Tour to England, 2021
Jul 11 2021, Sunday 19:00 (IST) | 14:30 (local)

England Women vs India Women 2nd T20I, County Ground, Hove

5. In Wimbledon Tennis, top seed Ashleigh Barty will face eighth seed Karolina Pliskova in the women's singles final in London today on 19 Jul (Saturday).

6. Wimbledon 2021: Novak Djokovic beat Denis Shapovalov in straight sets to reach his 30th Grand Slam final, and he has 19 Grand Slam titles to his name.

7. The Indian cricket team's six-match limited-overs series against Sri Lanka was on Friday rescheduled owing to a COVID-19 outbreak in the home team camp, with the first ODI now starting on July 17 instead of July 13

 *USD 74.54 💷GBP 103.23*
_In Bengaluru(Krntk)_
🥇 *Gold ₹49,400©10 gm 24 (Krt)*
🥈 *Silver ₹68,800©Kg*
⛽ *Petrol ₹ 103.93*
⛽ *Diesel ₹ 94.99*

*LPG : ₹ 838/14.2 Kg*

*BSE Sensex* 52,386.19
*NIFTY* : 15,689.80

Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 *Facts about India* 🇮🇳
*Bengaluru* got its name after an old woman served cooked pulses to a lost and hungry Hoysala king.The grateful king named the place "benda-kaal-uru" (meaning ‘Town of Boiled Beans’). In 1537 the feudal lord Kempegowda built a mud fort here, but it remained something of a backwater until 1759, when the city was gifted to Hyder Ali by the Mysore maharaja.

In 1809 the British Cantonment was established, and in 1831 the British moved their regional administrative base from Srirangapatnam to Bengaluru, renaming the city Bangalore in the process. In 1905 it became the first city in India to have electric street lights. Since the 1940s it has been home to Hindustan Aeronautics Ltd (HAL), India’s first aircraft manufacturing company. Today the city is best known as a hub for software and electronics development, and business process outsourcing.

😀 **Thought of the day*

Positive thinkers have a solution for every problem. Negative thinkers have a problem for every solution.
"STAY POSITIVE"

 *Joke of the day* ☺️

*टीचर* - बताओ इंसान के बच्चों और जानवरों के बच्चों में क्या फर्क है...🤔⁉️

*पप्पू* - बड़े होकर गधे का बच्चा गधा बनता है और उल्लू का बच्चा उल्लू बनता है
पर इंसान का बच्चा बड़ा होकर गधा भी बन सकता है और उल्लू भी...

😳 *Why*❓❓❓

*Why is earthing necessary in electrical systems?* 🔌➿

The process of transferring the immediate discharge of the electrical energy directly to the earth by the help of the low resistance wire is known as the electrical earthing.

The earthing is essential because of the following reasons

The earthing protects the personnel from the short circuit current. The earthing provides the easiest path to the flow of short circuit current even after the failure of the insulation. The earthing protects the apparatus and personnel from the high voltage surges and lightning discharge. When the fault occurs the fault current from the equipment flows through the earthing system to the earth and thereby protect the equipment from the fault current.

*LEARN Sanskrit*🙏🏻

*निश्चित* : Definitely

🤔 How it works ⁉

*What is ‘Black Box’ ?How it works?*

Black Box is also known as the ‘Flight Data Recorder’ introduced in 1939. Initially it was painted in black colour. It is in fact now bright orange to aid in their recovery after accidents. The Black Box or Flight Data Recorder of an Airplane is an instrument which records all the activities of the airplane during its flight. A black box flight recorder is heavily protected recording device, similar to a hard disk or a memory card.

The black box records all relevant flight data, in addition to conversation in the cockpit.The "black box" is made up of two separate pieces of equipment: the flight data recorder (FDR) and a cockpit voice recorder (CVR). . “Black boxes” are most commonly installed in the rear of the aircraft where they are more likely to survive the impact of a crash.

Black boxes aren’t indestructible, but they’re certainly tough. They have to be able to survive:

Impact of up to 3400Gs
Exposure to fire of 1100°C for up to 30 minutes
Immersion up to 20′000 feet.

💁🏻‍♂️ *GK TODAY*

*BRICS* association of five major emerging national economies: Brazil, Russia, India, China and South Africa.
*Estb* : 2009 & in 2015 South Africa was included.

💐 *BORN TODAY*🐣

Sunil Manohar Gavaskar (Born 10 July 1949), often known as Sunny Gavaskar, is a former Indian international cricketer who played from the early 1970s to the late 1980s for the Bombay cricket team and Indian national team. In 2012, he was awarded the Col CK Nayudu Lifetime Achievement Award for Cricket in India. He was the first person to score centuries in both innings of a Test match three times. He was the first Test batsman to score 10,000 Test runs in a career and now stands at number 12 on the group of 13 players with 10,000+ Test runs.

🛕 *VEDIK GNAN*

*Symbolic representation of Lord Brahma,* The Creator according to Santana Dharma.

His four faces symbolize the four Vedas, namely,
the Rigveda,
the Yajurveda,
the Samaveda and
the Atharvaveda.

His four hands reflect the four aspects of human nature,
*Mind, Intellect, Ego, and Conditioned Consciousness.*

His four hands are shown holding a variety of objects such as Rosary, a water pot, a book ( the Vedas ),a Lotus.

*Water pot* : It represents that the whole Universe evolves out of water

The *Vedas* have evolved from Brahma’s four faces, so Lord Brahma holds the book in his hands.

*Lotus* : Lord Brahma has evolved from the Lotus that sprouted from Lord Vishnu’s navel, (represents a baby in the mother womb connect with her navel)

Brahma holds a *Rosary( beaded Mala),* which he uses to keep track of the Universe's time.
👍
Lord Brahma is often seen riding a *swan* , his sacred vehicle for which he travels upon. The swan is a supposed to symbolize grace.

🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)

*How to Get Rid of Dandruff*

Dandruff is a scalp condition which is caused by a fungus, Malassezia, which feeds on sebum (the oily matter secreted by the sebaceous glands on our scalp) and the dead skin cells which occur naturally due to formation of new skin.

Start Washing Your Hair More Often

1. Boil some Neem leaves in water and afterwards dilute by adding some water and have a head bath.

2. Aloevera : Applying aloevera thick paste to scalp and have a bath afterwards.

3. Lemongrass oil has antimicrobial and anti-inflammatory properties that may help reduce dandruff symptoms.

4. Using of Reetha Soap Nuts to hairs thrice in a week.


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*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
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Kitex enters Telangana with initial investment of Rs 1,000 crore

https://www.moneycontrol.com/news/business/kitex-enters-telangana-with-initial-investment-of-rs-1000-crore-announces-kt-rama-rao-7152461.html

*Tycoon Adani Seeks $1 Billion to Refinance Mumbai Airport Debt*

Indian tycoon Gautam Adani is seeking a loan of about 75 billion rupees ($1 billion) to refinance existing debt of Mumbai’s international airport, according to people familiar with the matter.

Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd., the people said. Deutsche Bank AG is also in talks to help with the financing, one of the people said.

Mumbai International Airport Ltd. has a debt of about 80 billion rupees, the people said, who asked not to be identified as the information is private.

A refinancing package would come after Adani Airport in August agreed to acquire the debt of GVK Airport Developers Ltd., which owns about 50.5% of the airport in the Indian financial hub. In February, Adani Airport completed the purchase of a 23.5% stake in the Mumbai airport by buying out two South African companies.

Representatives for Barclays, Deutsche Bank and JPMorgan declined to comment, while representatives for Adani and GVK didn’t immediately respond to requests for comment.

*Tata Motors*

Doing everything to mitigate chip shortage issue, said Adrian Mardell, CFO, Jaguar Land Rover. Taken strong steps to streamline our supply chain and are in touch with the chip suppliers to gain visibility. Not expecting launches to be delayed because of the chip issue, he said. JLR’s total inventory is at 74,000 units at the end of June.

*Tata Steel*

CARE upgraded long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative.

💎 *22 Pearls of financial wisdom* 💎

*1) Bonds are for storing wealth and equities are for creation of wealth*.

*2) In my opinion, the biggest asset one can have is zero debt*.

*3) The greatest discipline in personal finance is living below your means*.

*4) As Ben Carlson says, emotions cannot be back tested. That’s why past bear market always looks like opportunities and future ones scary*.

5) Early financial independence and early retirement are completely different. To me, the former is a blessing and the latter is a curse.

*6) Don’t think how it would have been if you’ve started 10 years ago. Start today and visualise how you would feel 10 years from now*.

7) The neighbourhood we live determines our life style & spending. Need to be careful in choosing one which matches our goals and personality.

*8) Paying minimum balance regularly on credit card is the maximum sign that you’re getting into debt trap*.

9) Many are long term investors till next bear market.

*10) Don’t take aggressive bets. Take measured risk. Remember one blunder can push you back by a decade or more in terms of wealth*.

11) Big money can be made through high savings, wise investing and lots of patience.

*12) One sign of progress in individual investor’s portfolio is no churn or very less churn*.

13) Trying to get rich fast is a foolproof way to lose what we have.

*14) Losing opportunities is far better than losing money. Don’t invest in fads*.

15) “Making as much money as quickly as possible” is not an investment strategy. Unfortunately for most of us that is the strategy.

*16) Aggressive strategy cannot be a substitute for high savings. Save high and take moderate risk than saving less and taking high risk*.

17) The day we realise not losing is as important as winning; we would stop blindly chasing returns.

*18) Good periods are more than bad periods. By not timing, though we go through bad periods, do not miss even a single good period*.

19) We’ll stop looking for quick money the moment we consider stocks as businesses and realise that our wealth grows in line with business growth.

*20) There are periods of high returns, low returns, no returns and negative returns. We need to go through all these to get long term returns*.

21) Listening to market forecasts is not only useless but can be very harmful too; if you start acting on them.

*22) The hard truth is only around 3% of our population are in a position to aspire for financial independence. Don’t waste this rare privilege*.