Harsh

Interested in Geo Politics and Defence and love to read more about Tech Stack, Sociology, Political Science, Law and Economics!! P.S - Not an expert on any of the above subjects!!

@QCompounding Look at IBM or Nifty Fifty (50 blue chips called by this name in 1970's in US). It took decades to give index return.

"If you are a long-term investor, owning shares in a good company is a much larger determinant of your investment performance than whether the shares were cheap when you bought them." - Terry Smith

@tamilstocks125 @dmuthuk It would depend on person to person and depends on your lifestyle.

@dmuthuk One question Could it be possible to post age wise savings value in INR? May be range Could you give some ideas ?

Discipline is definitely helpful. But it cannot be a substitute for high income.

@dmuthuk Well, i have worked for 4 years in corporate and i must say that most people are earning below 1 lakh even after 5 years.

Rs.80,000 per month is a very good amount to save and invest. Only a fraction of our population can do that. How much you would be able to build say in next 20 years depends on returns the asset classes you invest in.

@suspect_mel @dmuthuk There are great books on finance. Best one is written by Peter Lynch.

@dmuthuk You can write a book on your journey of building your wealth. It would be a motivation to many. As I remember, you too did not inherit wealth but created. Your journey itself would be a great read for youth.

Many ask me to write a book. There are enough and more wonderful books in personal finance. New good books keep coming too. I'm too lazy to put in efforts to write a book. But around 15 years ago, had genuine desire to write a book. The idea was how ordinary people can create extraordinary wealth. Paraphrasing Philip Fisher I tentatively named the book as 'Ordinary people and extraordinary wealth'. The plan was to give lot of individual case studies to show how ordinary people can create extraordinary wealth through equity - be it stocks or equity funds. I started interviewing people who came through references. And this process, which lasted for few months was an eye opener to me. Except in one or two cases, there was nothing 'ordinary' about these people. They were among top 1% earners in the country or had excellent ESOPs or lucky to have fabulous inheritance or given capital by relatives for investing or able to save sizeably due to working in overseas and so on. So either they had big income or existing wealth to build on. Without these, creating extraordinary wealth was next to impossibility. So dropped the idea of writing a book. Realised how extremely difficult it is for ordinary people to create wealth. Got convinced high income duly backed by high amount of savings and investing is the way to build extraordinary wealth. The idea of writing a book got dropped. But an insightful lesson was learnt.

@i___Trade @CAronitpereira Then you ought to read book by philip fisher and peter lynch.

@CAronitpereira i like Nalanda's investment philosophy. Was reading a book by pulak

“I have seen too many people make a profit of 50 to 100% on an investment in a great company and then press the exit button.” “What is needed to become a successful investor is not intellect, but a rare commodity called patience.” - Pulak Prasad

@SandeepMall I noticed most of the stocks are highely overvalued or cyclicals and conitnue to rally upto a point. I hope you dont loose money.

Mrs has been a smart investor in stocks. 18 month old portfolio in this market.1 lac in each stock was where she started and then recently stocked up Torrent. Vedanta is showing negative because of split but once shares allocated that’s also green. Market has gone down by 8% in this period.

@PPFAS Shared details via DM

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Conitnuosly facing technical error while trying to purchase units through application or through website. @PPFAS.

@paresh_pisipati @Dynamicinvstr @shamikiscooking @vishan_29 @vini546 This is what happens when valuations are too high.

KRN in Lower circuit. WTF is happening??? @Dynamicinvstr @shamikiscooking @vishan_29 @vini546

@ReetBhambhani Being sad is ok, need to focus on earning.

What level of adulting have you reached? “Can’t be sad today… I have a lot of work to do.” level 😄😄

@paresh_pisipati The growth is even better over decades.

10% return in an year on 1 lac is not visible but that same 10% becomes a big deal for the person when its on 1cr. Its the same rate but the mindset changes when the number looks big. In Investing, the first 5-6 years must be focused on accumulation. Then the real growth starts.

@suraj_sharma14 All but 3-4 eggs.

For the next 90 days, disappear. > No fast food > 3-4 eggs daily > 3L of water > 7 hours of sleep > 10K+ steps > 15 minutes pranayama > 100 push-ups > Cold shower every morning > Write 1,000 words > Track 5 daily wins It’ll change your life.

@Sushant_7Writes Left high paying job. No health issue in family (30 mins yoga everyday). No loan and EMI. 12 months of Emergency fund.

Which Indian middle-class fear is most real? 😅 • Losing job • Medical expenses • Loan pressure • Unexpected family expenses

@atul1602 Plus, i feel gold gives vibes exactly like old times when people in Holland kept on buying tulips and americans bought house thinking its price can move only upwards! Hope this explains!! #Skepticism

@harsh_jazz98 Yeah got you.

🚨Unpopular opinion - Most Indians are over invested in real estate and under invested in financial assets. Average Indian portfolio 👇 Real estate - 75% Gold - 5% Equity/MF - 15% Debt - 5% Result - Asset rich. Cash poor. Cannot retire comfortably. Cannot handle medical emergency. Ideal portfolio 👇 Real estate - 30-40% Gold - 5-10% Equity/MF - 40-50% Debt - 10-15% Same net worth. Completely different quality of life. Agree or disagree? Comment below. 👇 #realestate #personalfinance #equity @sarang_contra @anupkhamkar @SwingTraderAdi @swingcrafthq @Pkjat340 @mehul_n_trivedi @tirthankardas81 @AmitabhaDash

@atul1602 Well, i dont. Search recency bias!

@harsh_jazz98 That's good. Not planning to move some amount in Gold ?

@paresh_pisipati @Shruti3256911 Agreed. Also, equity as an asset class do not have maturity date. Still people obsess over daily returns!

@Shruti3256911 Over the last 12 years, there is one thing I learnt from investing in Mutual Funds. The entire reason for doing SIPs is to spend time on things that matter like health, family, friends and travel. If tracking Mutual Funds becomes an obsession, then never invest in Mutual funds.

SIP maths

@ayerushi Logo ko itna seriously bhi met lo!!

@miss_sam___ Feels pretty normal now!! 😄

@harsh_jazz98 😂😫Maharashtrians need to upgrade

I don't understand Maharashtra mein why is everything just pav with everything vada pav, misal pav, pav bhaji and also what the hell is samosa pav😭

@myra_n8 Mumbai!

Which city are you from ??