@Parvezk46315209@jassneetsingha Tickertape charges lesser brokerage and it's completely GIFT compliant. Indmoney opened my account in the US making me susceptible to estate tax.
@jassneetsingha I am confused between Tickertape and indmoney. Both are good but not sure on the charges structure. Was getting more amount through ticketape.
Indian investors will get this after 5 years:-
1) Businesses are winning by brute force. Not free markets. In India that version is ED Raids, CBI etc. Then business capture.
This model works great, locally.
2) But, same firms are pushed by Americans to invest in American's local economy. Why? brute force.
No one like either 1 or 2. But, both keep winning.
As an investor your best chance to win is to go with large American firms, where your capital is likely to be protected over long-frame.
Not because AI bubble will burst, not bust-- I don't know. That's speculative.
But, here is an undeniable fact: capitalists in America control politics. And, they run the biggest enterprises. Using their capital they force their politicians to sell American products to the world.
In dog eats dog world: betting on the biggest dog is a solid investment strategy.
Mess around, you will find out.
Started investing in global markets out of FOMO from your previous tweets and now I've already made 25% gains on my investments in the last 4 months. Nifty has degrown by 11% during that time.
50% of my new investment capital goes into US markets. Still believe in India but diversification is key.
@PrakashArtwani@Akshat_World Started investing in global markets out of FOMO 4 months back, since then I've already made 25% gains on my investments. Nifty has degrown by 11% during that time.
40% of my new investment capital goes into US markets. Still bullish in India but not ignoring reality too.
@Akshat_World Why suddenly every influencer or social media pages have started posting about American investments are best at the same time.. is it the same factor as u mentioned, they are using their capital to sell their goods ???