Friends Of Wealth
6.4K posts

Friends Of Wealth
@friendsofwealth
Educator, Avid Investor and Trader. Learnt at IIMB, IIMK, Northwest Kellogg’s, PU, DU. 3 X CTO, AWS Certified Security Specialist, Architect. Not an RIA.
Hyderabad, India 가입일 Ocak 2015
323 팔로잉916 팔로워


@Dhananj89102936 @grok can you summarize the article in the image attached to original post
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@aditya_kondawar The original debate was between the car you need vs what your neighbour owns
then came some retired influencers who could not monetize time beyond click bate content.
Always have a long lasting, good mileage and safe first car.
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Calling a car a “depreciating asset” may make sense in accounting, but real life is different
What truly erodes is your time spent waiting, your comfort, and the safety, not to mention the chaos of commuting in major cities in India
Saving and investing are important, but so is spending on yourself and gifting yourself and your family a few luxuries of life
The XIRR/CAGR/ROI on these things is exponential!
Please don't be a miser and invest everything, there is no point of investing if you don't enjoy the process and if you don't enjoy spending money every now and then
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The RBI’s latest move asking banks to bring down their onshore USD/INR net open position limits (NOPL) to $100 million by April 10 can trigger a large moves
Will lead to
- Reduction of onshore USD positions
- Unwinding of NDF–onshore arbitrage books
Intersting next week for INR and traders who were shorting rupee…
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@Footballallyear @JoshPhilipPhair That’s the new 100$ bill
post the war
in purchasing power
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@BMTheEquityDesk I did AFRM from IIMB while working and it added a lot of value. Lot of people don’t know how to monetize what they get from IIM’s via distance learning.
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IIM Bangalore se Executive MBA Karna Sahi Rahega?? #executivemba
youtube.com/shorts/DPk3RHG…

YouTube
Indonesia

They have 8,000 cr reserves already and paltry 1300 cr in investments. W.r.t market conditions they might want to beef up the investments columns and good valuations in complimentary industry and then shareholders can enjoy permanent extra eps which could also result in recurring dividend.
They won’t do this.
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RCB sale likely to fetch rich dividends for United Spirits shareholders. share.google/rKhSF8yFXwRHGk…
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@silvertrade Irrespective of all stories, reality is that for retail it has become un-tradable. People should actually bet in the reverse direction of market pulse now. 😇
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🔥THE SILVER STORY THEY NEVER WANTED YOU TO HEAR🏦
⚡️Andy Schectman reveals the biggest players are QUIETLY TAKING DELIVERY while physical silver can still be found on the exchanges:
x.com/JimFergusonUK/…
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@monikahalan lot of people today get this removed and pay the server in cash - when it’s on the bill, the owner will take a cut for sure
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@Curious_Com_ we haven’t seen any tax tinkering for a while to encourage exports
if we like china put export volumes ahead of taxes and margins, a lot will fall into place - include overall tax collections and overall profit
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@actcustomer @InvestRepeat Most equity investors can’t understand gold and crypto
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@friendsofwealth @InvestRepeat Depends on where forecast are from, and most forecasts are rarely even good enough. The whole narrative about gold increasing was “geopolitical uncertainty”, and then when the Iran thing happened, gold came down along with equities and hasn’t managed to recover.
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In the month of Jan 2026, for the 1st time ever we have a situation when people have invested more money in Gold & Silver ETFs than equity mutual funds.
Irony is, investors & MFDs tell me - we buy cheap & sell costly.
When was gold & silver costliest in last 10 years? It was Jan 2026. And it was the time when gold & silver inflows was highest ever.
- Sankaran Naren, CIO ICICI Mutual Fund

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Why do #Silver Bulls always bend in front of the bears around Delivery dates on comex?
Perhaps explains why Silver has always been in tight low range for decades -
no big players to tame the bears ever.

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My guess is they are trying to make an extra buck using futures. Say buy Gold 3 months down the line when it has fallen a lot - take delivery if needed. Else just sell if it rises 5-10%.
If there is any notional loss, let the fund digest it.
I am not sure they will pass all profit to the fund though 😂
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@friendsofwealth @ActusDei Agree entirely. Wonder what prompted HDFC AMC to take this decision. It bad, very bad.
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@SouravSenguptaI @nsitharaman that’s about 0.05% of Nifty i guess
basically we are talking about scalping and not trading - fastest finger first.
these should be even be allowed so that market can go back to using derivatives for risk management and hedging.
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Sorry but true
Breakeven for 1 lot nifty is 14 point from 1st April
Welcome to trading jungle 🙏🙏
In February I wrote this 👇
**“F&O is not #Satta, @nsitharaman ma’am.
Best brains, institutions and probably the world’s best algos and systems operate in this market — not only in India but globally.
Calling it satta is unfortunate when the same activity is facilitated through regulated exchanges.
It hurts market efficiency and demotivates the entire ecosystem.”**
Today I can only add this:
Costs are steadily going up — through regulations, funding constraints, margin rules, impact cost and multiple policy changes.
Sorry state of affairs, but as traders we are largely helpless.
Still — I love my country. 🇮🇳🙏
#stt
#zerodha
#brokerage
Discipline TrendFollower@SouravSenguptaI
Have calculated STT impact in one lot of Nifty...Let me tell u it's huge & need 14 point to breakeven 😮😮 Any clarification on calcution ? What u feel? Fm will reconsider STT @nsitharaman
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@pvsubramanyam This is totally different from the 12L limit if thats what the person is looking for
There is a min permissible deduction I think around 1 or 1.5 L and rest after cess and all will be payable at around 14%
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@pvsubramanyam We will never have the affodability for EV's en-masse
And Inductions we will run out of stock like masks and injections in covid times
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