Amrut Sabade

66 posts

Amrut Sabade

Amrut Sabade

@SabadeAmrut

Katılım Ekim 2021
21 Takip Edilen3 Takipçiler
Akash
Akash@ccg33k·
As I move two steps closer to FIRE, currency depreciation quietly pulls me one step back. 😭
Akash tweet media
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Tarun Gautam
Tarun Gautam@TARUNspeakss·
If you could give one advice to Narendra Modi right now, what would it be?
Tarun Gautam tweet media
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
Did dhurandhar movie helped BJP win Bengal ? Especially part 2 with releasing at peak election rallies ?
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Amit Behere
Amit Behere@_amitbehere·
My tips to NRIs and even reasonably well off Indians (as someone recommended). Invest at least 50% of your money outside India (this is for Indians). US is the easiest. There are easy ways to buy US Index funds now with minimal tax implications. HDFC is the best bet for NRE/NRO account. As far as I know, it's the only bank that is compatible with US phone numbers for UPI. Sell every "extra" piece of land/apartment you or your parents own today. Today. This is only for NRIs. Indians should continue holding real estate assets. To all the ch***ya BMKJ NRIs who bought houses/flats 10-15 years ago because India is motherland, in case we ever move back, sell them the instant you get a green card. Dubai real estate is a good punt, but risky. If you parents are rich, ask them to consolidate and simplify their assets after age 70 or so. Have them make their will today. You make a will today. Anyone care to add more ..???
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
@AnandaniNisha I shifted here 2 years ago but miss maharashtra , our culture is so inclusive and warm
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Nisha Anandani
Nisha Anandani@AnandaniNisha·
Most Bengaluru people have settled abroad and Maharashtrians have come to Bengaluru. 😂 I already know 8 marathi people now.
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Arun 🌞
Arun 🌞@arunv2808·
In this debate of ₹10Cr vs ₹100cr, all I need is ₹2Cr to retire to a less stressful job. What would one do by sitting at home and doing nothing?
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
@lalitinvestor Exactly , that relaxo footware 200 rs chappal pitch , just check where it is now He is very good sales man but a very bad fund manager
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Lalit Rathi - LKR
Lalit Rathi - LKR@lalitinvestor·
There’s this unwritten rule in markets - fund managers and investors don’t go after each other personally. Everyone knows how brutal markets can be, so there’s a basic level of respect. But with Saurabh Mukherjea, it genuinely becomes hard to follow that rule. Not because of a difference in views. That’s normal. But because of a pattern that’s hard to ignore for more than a decade now. First, Right from the Ambit days, it’s not like he’s had a few misses here and there. The calls have been consistently, impressively wrong. Almost to a level where if you did the opposite, you’d probably do better. Second, comes the timing. Most of his big ideas sound great… just about 4–5 years too late. By the time the narrative is built and sold well, the market has usually moved on, priced it in, and is busy chasing the next thing. Third and to be fair, he’s a fantastic writer. Really engaging. You’ll enjoy reading every bit of it. Just that somewhere between storytelling and actual portfolio outcomes, things seem to get… lost in performance.. At this point, it feels less like investing insight and more like well-written hindsight packaged as foresight.
Neil Borate@ActusDei

Almost a decade after Coffee Can Investing, Saurabh Mukherjea says the idea is dead. Consumption has crawled. Those fabled moated compounders aren't compounding. And India, he warns, is heading for a 1991-style crisis. Here's what he told us at a @thefynprint event. 🧵

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Neil Borate
Neil Borate@ActusDei·
Nvidia alone is up from 25% of India's mcap to almost 100% since 2021. Yet, we were told: 1) India = best place to invest. 2) Dollar will collapse. 3) Investing outside is too hard. Take the red pill. Join us on 12th April. Learn global investing. share.google/m7nsCMnqLDjUZR…
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
@catale7a Obviously rahul gandhi one as there are high chances of he has written it and understands the message Other one I am not sure that person even understands what it is (posted by IT cell)
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Bhavesh Patil
Bhavesh Patil@Bhavesh_tweeets·
@pbshgthm Exactly! Mumbai is lot more welcoming and warm
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poobesh
poobesh@pbshgthm·
2 months in Bangalore and I miss Mumbai. I miss the people. Every small interaction here feels like a negotiation. Auto drivers, packers, old tenants. Everyone’s trying to squeeze something out of you. In Mumbai a cab driver sees it’s hot and just turns on the AC. Here you have to ask for it like it’s a personal favour. That tells you everything.
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Deepak Kumar | SweeGlu Elliott Waves
This P&L data is the proof that, - 90% of the Option Traders will always be in Loss, no matter what they do. 90% of Option Traders are not able to understand this simple maths. Can you answer - My ₹5.07 lakh profit in 3 months came from how much loss to my fellow traders?
Deepak Kumar | SweeGlu Elliott Waves tweet media
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
@ravihanda Dont misguide people , consider someone who retired in 2005 with 12lac corpus wich was 20x expenses it would have been run out already Stop this foolish 5 % withdral or 20x corpus FIRE IS 45x period
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Ravi Handa
Ravi Handa@ravihanda·
5% is a far more realistic number than 4%. The 4% rule is based on the unrealistic idea that you will make no adjustments to your lifestyle. Ever. You will spend the same inflation adjusted amount at 75 as you do at 45. These are unrealistic and frankly stupid assumptions. Anyone who is financially prudent will cut spending when going through a world war or the great depression. You will travel less at 75 than at 45. The 4% rule takes care of the WORST CASE scenario over the last century. The median in the original study by Bengen was closer to 6%. Bengen, the guy who made the 4% rule, himself advocates for 5% withdrawal rate today. Kitces, Guyton-Klinger, and Ravi Saraogi back home have shown a much higher withdrawal rate is possible if you are willing to take a cut during bad times. Retirement withdrawals are a really hard problem to solve. These "rules" are an attempt at giving an estimate. Some folks take them to be sacrosanct because we don't want to think about it and want an easy solution. They aren't. You have more than enough. You just need to plan a little bit better and be willing to make an adjustment every now and then.
theficouple@theficouple

In case you forgot: The 4% rule has survived: - The Great Depression - Black Monday - The dot-com crash - 2008 - COVID 100 years of data says take your expenses, multiply by 25x. Get there & you're free forever.

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Amrut Sabade
Amrut Sabade@SabadeAmrut·
@AckoDrive there was no communication that 3rd party PDI won't be allowed for bookings made through ackodrive Now after booking and car is assigned dealer is not allowing 3rd party PDI and ackodrive RM is clueless worst experience again
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ACKO Support
ACKO Support@ACKOSupport·
@SabadeAmrut Hi Amrut, I'd like to personally get this checked. Please be assured that I'll get back to you with an update. -Anvi
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Amrut Sabade
Amrut Sabade@SabadeAmrut·
Again worst experience with booking car with @AckoDrive till booking called continuously and gave false promises And after booking no callback no updates had to call and speak to 10 different people to get update @AckoDrive @acko
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Parimal Ade
Parimal Ade@AdeParimal·
Nifty Crashes And Then Booms | 2001 | 2008 | 2011 | 2016 | 2020
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