Aditya | FitRichSane

Building my ETF portfolio publicly, 👉 Current XIRR: 66% 👉 Current realized profit: 18.79% at an average of 20.5 days SOLD: 👉 Nifty India Defence (NSE:MODEFENCE) @ 95.50 👉 17.9% in 24 days Follow @FitRichSane to track this portfolio in real time Every buy. Every sell. No hiding. Will this XIRR sustain? Not a chance. What will be the XIRR after a year? We will keep following the system, and let's see.

👉 Very few investors are actually prepared for 1⃣ research, or 2⃣ drawdowns. 👉 Survivorship bias Very few individual stocks actually create alpha. Many underperform or even disappear. 👉 What should you do? A good percentage of your portfolio should be large caps. You need the stability of large caps to survive the volatility of small caps.

👉 The West: Raise an independent adult The East: Maintain the integrity of the family 👉 In Indian homes, boundaries are seen as disrespect. 👉 Guidance and control get confused 👉 Control produces the opposite of what parents want: 1⃣ children become better liars instead of being trustworthy, 2⃣ dependency instead of capability. 👉 Younger parents today are generally more flexible than the previous generation. 👉 You are part of a lucky minority that managed to become an individual from a child for your parents

What I feel the biggest problem in the houses of India are freedom, there's very small portion of parents who give their kids the freedom and the wings to do what they want. It starts right from when you are kid and then never stops, I still meet people on late 20's, 30's and they are like ghar wale nhi jane denge, ghar wale nhi krne denge. Its pretty absurd, I understand the difference between guidance and pressure. Most Indian folks get pressured disguised as guidance, or is it like an Asian thing? I am glad, that things got better with me ever since I turned 18 another thing is I always lived away from house, schooling, college, Work. I will have the small pockets of those period when I stay for very long period at home and then off to some different place but beyond that as well, the pressure from home just dissappeared with age, sadly not the case with many folks. Opinion?

Every single person needs to understand this. Social media and YouTube will make you believe that investing is the path to wealth. 👉 What should you do? There is no lever greater than upskilling and increasing your income to achieve great wealth. True for everyone.

@BaluGorade Every single person needs to understand this. Social media and YouTube will make you believe that investing is the path to wealth. What should you do? In reality, there is no lever greater than upskilling and increasing your income to achieve great wealth. True for everyone.

Vijay has an estimated net worth of around ₹624 crore, but currently holds just about ₹19.3 lakh worth of listed equity. Rich people don't worry much about inflation, CAGR, or opportunity cost. They just keep making tonnes of money.

@BaluGorade Scarcity Mindset: it assumes wealth is a zero-sum game where for someone to win, you must lose. Great economies and systems work because the pie expands. The real mindset shift is moving from: “How do I stop others from getting rich?” to “How do we all grow together?”

Heard many times that "your SIP is making the fund manager rich." With that logic: > Don't buy clothes or footwear, the distributor gets rich. > Don't use Swiggy or Zomato, delivery apps earn money. > Don't buy a house, builders become rich. > Don't send kids to school, schools make money. > Don't use a smartphone, tech companies profit. > Don't go to a doctor, hospitals earn from it. > Don't buy a car, automobile companies profit. In every transaction, someone earns. The smarter question is - are you benefiting from it too?

@AlphaCEEK For each index, I try to choose ETFs with the highest volumes. Should be good enough for retail quantities. Thankfully, no problems yet

@FitRichSane Correct. Thanks for the reply. How is the volume in etfs?

As part of the ETF-portfolio I am building publicly, Bought: 👉 Nifty Next 50 (NSE:NEXT50) @ 628.82 👉 Nifty Capital Markets (NSE:MOCAPITAL) @ 42.65 👉 Nifty MNC (NSE:MNC) @ 28.45 👉 NSE:MAKEINDIA (Nifty India Manufacturing) @ 142.26 Could get very little quantity at my set price 👉 Nifty Infrastructure (NSE:INFRABEES) @ 887.25 👉 Hang Seng (NSE:HNGSNGBEES) @ 449.63 👉 Nifty India Railways PSU (NSE:GROWWRAIL) @ 28.07 👉 BSE Capital Markets & Insurance (NSE:ECAPINSURE) @ 21.33 Follow @FitRichSane to track this portfolio in real time

@AlphaCEEK No, no stop loss. Almost impossible for ETFs to drop like falling knives :)

@FitRichSane Nice. Less risky. Do you use stoploss for ETF investing?

@kapz30 @RoseTint4 @grok is it necessary to intake any amount of white sugar?

@RoseTint4 Limited intake of white sugar is necessary

A woman told me she strictly doesn’t give white sugar to her kid, not in pancakes and other foods. But her son eats store-bought chocolate croissants, donuts, waffles, and cake all day. I wanted to ask her if there is no white sugars in donuts. 😂 Many Indians have strange ideas about food and nutrition. A lady wouldn’t use oil in stuffed parathas, but eat chips and cookies regularly 😂😂

@shubhvanii True for everything. If you aren't failing frequently enough, you aren't trying enough to grow. Growth entails tiny failures.

If you're not getting rejected, you're not going after the hottest women you could actually get. This is a hard pill to swallow, but it's true!!!

@EquityValueIn One of the most peace-giving quotes I try to follow:

I keep saying this and will repeat it , the problem with doing over Macro and Geopolitical analysis is fundamentally implosive in nature , it is a bit like trying to predict a complex adaptive system which by nature is not predictable from individual part analysis The only thing we can do is manage our risk , by very well understanding the nature of the businesses we are invested in and have a value approach that clearly provides margin of safety , be rational , read macro but how much you let it affect decision making has to be really curated to avoid bad decisions , mostly involving selling good companies at bad prices

@SandeepMall Fun fact: Steve Jobs banned iPads at home and strictly limited his own kids’ screen time. He saw the how addictive this can be long before the rest of us

I am sure Steve Jobs would have never imagined his creating App Store will bring these issues in social life.

@ojasvikhurana It has its benefits, but not worth the stress it creates for some people. The biggest benefit for me is the quiet time I get before 7am. If someone can get that from 10am to 12noon, to each their own. Better to be fresh from 10am to 1am, than to be sleepy from 5am to 9pm

@FitRichSane You are prob the first morning person i have seen who is saying its overrated

My morning routine these days - Drink chia seeds and lemon water - ⁠solve daily puzzles on matiks - ⁠solve Wordle - ⁠read a few pages of book - ⁠go back to sleep :”) I have been struggling to be a morning person for quite a few months now but nothing has worked. Does someone have effective tips to become a morning person 😭

@NalinisKitchen Apart from the answers mentioning corruption, are you forgetting that becoming an MLA isn't exactly a poor person game anyway? You need to have a huge net worth to even reach the stage where you will be considered for a ticket. Fortuners are basic cars for that net worth

A common citizen earning ₹1.25 lakh a month can’t afford a Fortuner in a year. But an MLA with the ₹1.25 lakh a month can buy 5 Fortuner in a year. I can’t understand this calculation.

Five things I have experienced that give instant positive results: 1. Drink water first thing in the morning 2. Spend 10 minutes in silence everyday 3. Limit decision fatigue (plan meals, clothes, as much as possible in advance). Stick to a routine 4. Practice monotasking. Focusing one thing at a time is a superpower 5. For a day, track every 15 minutes of your time. Track where your time goes

Five things you can do for instant positive results 1. Hire a coach/mentor 2. Go for walks 3. Structure your day the night before 4. Debrief your day before going to bed 5. Let go things/people/past grudges

The science behind the Law of Attraction: Let's say you want to buy a yellow car, you'll start seeing more yellow cars on the road. Have the number of yellow cars on the road actually increased? Of course not. You have just started noticing them more. Similarly, if you want to use the law of attraction to get fit, you'll start noticing and focusing on gyms, fit people, and articles on fitness. You might get really good advice from one of these people or articles, and you can use that advice to get fitter. Let's say you want to start investing. 24X7, you start thinking about the best investment option for you. You'll automatically start taking more interest in conversations related to this topic. You will read related articles in the newspaper. And something will eventually resonate with you. It did start because you had started thinking about this topic all the time. Hence, I feel that The Law of Attraction is very effective. It's not just mumbo jumbo, there is sound logic behind it.

5 steps to get over the fear of starting something new: Whenever you're moving forward to something good and new in life, it's natural to be fearful. There's an easy way to get over these fears. 1) Make a list of what you can possibly lose if you go ahead with your decision. 2) in front of each of these points, write down what you can do to prevent these potential losses 3) then, write down steps to reverse these potential losses if they do take place at all 4) make a list of the potential benefits of going ahead with your new decision 5) write down what you stand to lose in the future if you do not go ahead with it This way, you nearly eliminate all risks, while pushing yourself to go for it. Try it out

The biggest shift happened for me by removing friction: 👉 I started keeping my workout clothes ready the night before 👉 Removed junk from my house 👉 I have a 10-minute workout routine that I have promised myself I will do no matter what. Mostly, I end up doing more after this 👉

You blame the genes for your belly. You blame the environment for your eating habits. You blame the traffic for missing gym. You blame people around you for making you fat. You blame your job for having low energy and tired. Trust me guys, nobody in this world has time to work out. Everyone who works out make time because it's their priority. You can: - Sleep 30 minutes less. - Wake up 30 minutes early. - Choose to not eat that extra slice of pizza. - Do a 10-minute exercise instead of 30 minutes if you are running late. Genes are only 10% of the equation.

Only follow people who 1⃣ have a clear dashboard of all past and current recommendations. For every winner they show on SM, there can be 10 losses. 2⃣ have a clear system of position sizing, entries, and exits. Screenshots ≠ Process. 👉 Creators optimize for engagement, not for your returns. 👉 Your CAGR will improve once you start consuming less content.

Finfluencers are often sharing charts of US markets wanting eyeballs from people telling them how they missed out. They will never share they they hardly diversified into any other asset classes, markets Be smart - discount much of the content here and have your own asset allocation plan