Friends Of Wealth

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Friends Of Wealth

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 Katılım Ocak 2015
322 Takip Edilen917 Takipçiler
Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Aditya Kondawar
Aditya Kondawar@aditya_kondawar·
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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Gurmeet Chadha
Gurmeet Chadha@connectgurmeet·
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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Josh Philip Phair
Josh Philip Phair@JoshPhilipPhair·
It's obvious that Trump likes Gold. But is he mimetically driving it into culture for a reason?
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
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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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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SilverTrade
SilverTrade@silvertrade·
🔥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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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Monika Halan 🇮🇳
Monika Halan 🇮🇳@monikahalan·
Service charge by a new name. The innovation of restaurants is now not limited to the menu but also the bill.
Monika Halan 🇮🇳 tweet media
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Ankit Madhwani
Ankit Madhwani@AnkitMadX·
FII are getting HDFC Bank at 45% discount 25% correction in price 20% in currency & They have exited at 83-84 Currency in 2023-2025 period Let's think it through HDFC is safest way to enter India for FII
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Curious Shubham (SEBI RA)
Curious Shubham (SEBI RA)@Curious_Com_·
USD INR : ₹94.80 We know 100s of reasons for falling INR What's the solution for falling INR ?
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ACT Customer
ACT Customer@actcustomer·
@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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Save Invest Repeat 📈
Save Invest Repeat 📈@InvestRepeat·
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
Save Invest Repeat 📈 tweet media
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
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.
Friends Of Wealth tweet media
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
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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Neil Borate
Neil Borate@ActusDei·
The HDFC AMC move to allow up to 50% derivatives in its gold ETF has created an uproar. Here's my take on it.
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
I expect a peace plan to get signed this weekend or early next weekend. This is what I expect.
Friends Of Wealth tweet media
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Vivek
Vivek@Vivek_Investor·
Have you ever noticed that any political party promises to deliver corruption-free governance, quality roads, quality healthcare and education facilities during the election time? Only they promise Cash, free TV, free fridge, etc.,
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Discipline TrendFollower
Discipline TrendFollower@SouravSenguptaI·
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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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Subramoney.com
Subramoney.com@pvsubramanyam·
If a person earns Rs. 4.25L how much of Income tax will he pay if this is from LONG TERM CAPITAL GAINS by sale of Mutual funds? Equity mutual funds I mean
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Friends Of Wealth
Friends Of Wealth@friendsofwealth·
@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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Subramoney.com
Subramoney.com@pvsubramanyam·
If all Indians shifted to EV and Induction stove will our Grids be able to take the load?
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R. Balakrishnan
R. Balakrishnan@BalakrishnanR·
Why does a Pharma Fund invest in hospitals? Wrong labelling. Call yourself Healthcare Fund. So misleading
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