Discover and read the best of Twitter Threads about #Financialfreedom

Most recents (24)

Basics OF Swing Trading

1.

"Master the art of #SwingTrading and ride the waves of short-term price movements in financial markets! ๐Ÿ“ˆ๐Ÿ’ฐ #TradingStrategies #FinancialMarkets"
2.

"Capture profits in the swing of things with #SwingTrading! ๐Ÿ“‰๐Ÿ“ˆ Spot potential price swings, time your entries and exits, and make the most of short-term market movements. #ProfitOpportunities #TradeSmart"
3.

"Ready to swing into action? ๐Ÿ•บ๐Ÿ’น Learn the ins and outs of #SwingTrading and discover how to navigate short-term price fluctuations like a pro. #TradingSkills #MarketSwings"
Read 5 tweets
The actual cost of delaying an #investmentdecision is often unknown until one notices a shortfall in their corpus.

This often prevents one from achieving your goals on time.

Let's explore the cost of delay with an example. (1/n)

#financialplanning #financialgoals
Let's say you are 15 years away from retirement.

After retirement, you require โ‚น60,000 per month in expenses (in today's value) to live comfortably. (2/n)

#retirement #financialplanning #savings #investing
The final total goal amount that you require to sustain yourselves through retirement is โ‚น3 Crores. (3/n)

#retirementcorpus
Read 12 tweets
๐—ฆ๐—”๐—ฉ๐—˜ - ๐—œ๐—ก๐—ฉ๐—˜๐—ฆ๐—ง - ๐—–๐—›๐—”๐—ก๐—š๐—˜ ๐—ฌ๐—ข๐—จ๐—ฅ ๐—Ÿ๐—œ๐—™๐—˜๐Ÿ’ฐ๐Ÿชด

Young and not investing? Thatโ€™s a plan to FAIL!

Think you donโ€™t have money to invest?

Learn how to save money then use that savings into investments.

๐Ÿงต 10 tips how to save and change your game! Image
Create a budget

Know your income and expenses, and set a budget for yourself. Prioritize your needs (e.g. rent, utilities, groceries) and allocate money for discretionary spending accordingly.

Write it down and keep a visual record.
Track your expenses

Keep track of every penny you spend. Use a budgeting app or a spreadsheet to help you categorize your expenses and see where your money is going.

Visualize your expenses and savings. Itโ€™s powerful.
Read 14 tweets
Simple basic rule that it requires careful planning, discipline, and smart financial decisions.

#smartfinance #financialfreedom #financialliteracymonth ImageImage
Rule 1: Image
Rule 2: Image
Read 8 tweets
If you ever wondered...

"Do I need a Financial Advisor?"

...this thread can help you decide!

Read on! (1/n)

#financialadvisor #financialplanning #financialgoals #personalfinance #thread
Before we begin, reflect on these two questions...

When choosing between two similar investment options, have you ever wondered which one you should pick?

Ever wondered if an #insurance policy could protect your family or if it was just bells and whistles? (2/n)

#investing
These are the exact situations in which a Financial Advisor can help do away with uncertainty and help you make the right choices for YOU!

Here are 4 ways how a Financial Advisor can help: (3/n)

#financialadvisor #financialplanning #personalfinance
Read 13 tweets
Confused about tax filing in India?

Don't worry, you're not alone!

Here are some essential Do's and Don'ts to help you file your taxes with ease!

A thread! (1/n)

#taxfiliing #tax #deductions #personalfinance #thread
#1 Be On Time

Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.

The deadline for filing taxes in India is usually July 31st. (2/n)

#taxreturns #taxes #incometax #directtax
#2 Disclose Necessary Infomation

Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)

#tax #salary #rentalincome #interest #capitalgains
Read 11 tweets
Are you a Senior Citizen looking to secure your Retirement and generate regular income?

Let's explore the Top investment avenues that offer stability & security! (1/n)

#seniorcitizen #investment #retirement #fixedincome
As we grow older, it's important to plan for retirement and consider investment options that offer stability and security.

Here are a few Investment avenues that offer capital preservation and regular income. (2/n)

#retirementplanning #investment #income
#1 Senior Citizen Savings Scheme (SCSS)

SCSS is a popular investment option for individuals above the age of 60.

It offers an interest rate of 8% p.a., which is higher than most fixed deposits and has a tenure of 5 years. The interest is payable quarterly. (3/n)

#SeniorCitizen
Read 10 tweets
Entrepreneurs, are you tired of paying hefty taxes?

Don't worry! We got you covered!

Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)

#entrepreneurs #taxes #taxsavings #taxtips
#1 Hire Family Members & Relatives:

You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)

#tax #taxexemption #taxliability
#2 Deduct Business Expenses for Travel & Accommodation:

Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)

#taxliability #businessexpenses #deductions
Read 14 tweets
Almost every millennial aspires to retire early. But most of the time, this goal seems almost impossible to achieve.

Well, let us tell you... it's NOT impossible! Welcome to the world of FIRE! (1/n)

#financialplanning #financialgoals #retireearly #thread
So, what is FIRE?

FIRE stands for Financial Independence Retire Early and it's all about achieving financial freedom so that you can retire early and live life on your own terms. (2/n)

#financialindependence #financialfreedom #retirementplanning
Can you achieve FIRE in India?

Yes, you can!

Firstly, you need to focus on your Savings Rate (SR). This means cutting back on unnecessary expenses and living below your means.

A high SR is key to achieving financial independence. (3/n)

#saving #investing #FinancialFreedom
Read 12 tweets
If you are looking for an efficient investment to save tax in India, this is for YOU!

The BEST way is to invest in ELSS Mutual Funds. You can save up to โ‚น46,800 in taxes under Section 80C!

Here is how! (1/n)

#ELSS #mutualfunds #taxexemption #thread
Every year in March, as the financial quarter comes to an end, there is a rush to invest in tax-saving funds.

And with the quarter end so near, let's look at why ELSS is so popular as a tax saving scheme. (2/n)

#ELSSfunds #taxsavings #investment
What is ELSS Fund?

ELSS fund, or Equity Linked Savings Scheme fund, is a tax-saving scheme that allows you to save tax while investing for your long-term goals. (3/n)

#savetax #financialgoals #taxsavingschemes
Read 18 tweets
โšก Options TRADING is highly risky

๐Ÿ‘ Not anymore if you know below 6 risk-defined OPTION STRATEGIES:
๐Ÿงต
#tradingpsychology #StockMarketindia #OptionsTrading Image
1) Bullish Call spread

View: Bullish
eg, Nifty CMP 18015

Buy 18000 call, sell 18100 call same quantity
Risk-reward is 1:1 to 1:2 but theta decay is against you Image
2) Bullish Put Spread

View: Bullish
eg, Nifty CMP 18015

Sell 18000 put, buy 17800 put same quantity
Risk-reward is 1:1 or less but theta decay is with you

Similarly you can do for bearish view
Bearish put spread and bearish call spread Image
Read 11 tweets
Since there have been a lot of 401(K) propaganda floating around the internet of late. I decided to create a thread ๐Ÿงต with the benefits
1. Tax-Deferred Earnings:
When you contribute a percentage of your pay to a 401(k) plan, you immediately start paying less to Uncle Sam. That's because your contribution comes out of your paycheck before income taxes are deducted. That means your taxable income is less.
2. Matching Contributions:
Many employers will match a portion of your savings. It's like passing up free money if you don't participate.
Read 9 tweets
Is there a SMARTER way to buy Term Insurance?

Can you get back all premiums paid while paying the same premium as a Pure Term cover?

This all sounds too good to be true, doesn't it? Let's dive deeper to find out ๐Ÿ‘‡ (1/n)

#terminsurance #insurebesure #insurancepremium #thread
Zero-Cost Term Insurance plans allow you to 'exit' from the policy, thereby getting all the premiums that you have paid back.

But wait... What's the 'catchโ€™? (2/n)

#insurance #terminsurance #financialfreedom
The CATCH is... You are allowed to exit the policy only within a specified period.

Let's look at an example. (3/n)

#insurancepolicy
Read 13 tweets
Wondering if you should start a SIP?

Here is a thread that can help! (1/n)

#mutualfunds #investing #SIP #thread
The market has been very volatile for the last couple of months.

With 2023 lined up to be another uncertain year, how should investors take advantage of such a year? (2/n)

#investors #volatility #wealthcreation
The answer is simple. Rather than waiting on the sidelines, the best way to participate in the market is via a SIP! (3/n)

#SIP #investingtips #compounding
Read 10 tweets
Just a month into the new year and we already see some new myths floating around Financial Planning.

In this thread, we aim to debunk some of these myths & take a look at how financial planning can help you, the reader! (1/n)

#financialplanning #FinancialFreedom #MythVsFacts
Myth #1 Financial Planning is Only for Rich People

At their core, a good Financial Planner helps YOU achieve YOUR GOALS. Everyone has goals, not just rich people.

A good financial plan will help map your goals & help make your 'plan' a reality. (2/n)

#financialgoals
Myth #2 I am too old/ too young for a Financial Plan

Age is no bar. You are never too young or too old to have a proper financial plan in place. Planning can help people build wealth over a period. (3/n)

#FinancialFreedom #financialplanner #retirementplanning
Read 8 tweets
1/14 Celsius repeatedly represented that it was better than a bank, frequently using the hashtag โ€œ#unbankyourself,โ€ and that Celsius customers could gain โ€œfinancial freedomโ€ by joining Celsius. Celsius explained on its website that โ€œP2P,โ€ which

Pages 244-246
2/14 typically means peer-to-peer, instead signals financial freedom: "At Celsius, we believe P2P stands for Power to the People.โ€ Likewise, in 2018, Mr. Mashinsky posted to Twitter that โ€œP2P for
3/14 me means #Power2ThePeople,#Cryptocredit & #FinancialFreedom by the people for the people! #CelsiusNetwork.โ€ Celsius posted to Twitter: We're providing a platform of curated services that have been abandoned by big banks โ€” things like fair interest, zero fees & lightning
Read 14 tweets
Want to build wealth? Start by following these 7 secrets. Read Thread ๐Ÿงต:

#wealth #investing $QUACK #RichQUACK #Crypto
1/7 Secret to wealth: Start early. The earlier you start saving and investing, the more time your money has to grow.

$QUACK
2/7 Secret to wealth: Live below your means. Spend less than you earn and invest the difference.

$QUACK
Read 9 tweets
1/48

Here it is.. ๐Ÿคฏ

This is my WAGMI HODL-list ๐Ÿงพ for this upcoming next bull run ๐Ÿ’Ž๐Ÿˆ๐Ÿš€

Itโ€™s gonna be a long thread but I guarantee itโ€™s gonna be well worth your precious time ๐Ÿซฑ๐Ÿปโ€๐Ÿซฒ๐Ÿผ

Iโ€™ll add new Gems ๐Ÿ’Ž over time at the end so bookmark and revisit ๐Ÿ“–

#WAGMI #HODL #100x #Gems
2/48

This HODL-list aims at crypto portfolios in the 6-figure range.

You can use this list as a starting point to DYOR ๐Ÿ‘จ๐Ÿผโ€๐Ÿ”ฌ๐Ÿงช or just as confluence or simply pick coins you like and invest according to your risk management.
3/48

My goal with these picks is to average a 100x during the next bull run ๐Ÿ”ฎ

Profits will be not taken before new ATHs on the coins itself and probably not before ETH is above 10.000$.

Will revisit and update the projects when ETH is at 10.000$.
Read 49 tweets
1/ #Bitcoin has been praised for its decentralized nature, which allows for greater freedom and autonomy for users. One group that can particularly benefit from the use of Bitcoin is refugees. #bitcoin #refugees
2/Refugees often find themselves in a difficult situation when it comes to accessing financial services. Bitcoin, as a decentralized digital currency, does not require identification documents or bank accounts to use. #decentralized #financialservices
3/ Bitcoin allows for greater financial privacy and security. Transactions on the blockchain are recorded, but the identities of the parties involved are not. This can be especially important for refugees, who may be concerned about persecution. #privacy #security
Read 6 tweets
"Bro, penting ke nak tahu pelaburan tu patuh syariah atau tidak?"

"Haa bagi umat Islam benda ni sangat penting sebenarnya"

"Apa yang penting sangat tu?"
Sebagaimana ayat di bawah :

โ€œWahai orang-orang yang beriman! Makanlah dari benda-benda yang baik (yang halal) yang telah Kami berikan kepada kamu, dan bersyukurlah kepada Allah, jika betul kamu hanya beribadat kepadanya.โ€ย  surah Al-Baqarah (172)
Jelas daripada ayat di atas kita mestilah memilih sesuatu yang halal dalam kehidupan kita.

Tiada sebab untuk kita memilih yang tidak halal walaupun yang tidak halal itu memberi pulangan yang lebih lumayan.
Read 8 tweets
Net Cash Flow is an important metric many investors look at when researching companies.

But do you know that cash flows can be easily manipulated?

Let's see how:

#investing #finance #FinancialFreedom #Accounting
The Cash Flow Statement is one of the three most important financial statements of a company.

The other two being P&L Statement and the Balance Sheet.

Balance Sheet shows us the assets and liabilities of the company and is very important to look at when analyzing cash flows.
Cash position of a company has an inverse relation with Assets and a direct relation with Liabilities.

For e.g., you BURN cash to acquire an Asset. So when Assets increase, the cash position DECREASES.

On the corollary, an increase in Liabilities INCREASES the cash position.
Read 7 tweets
Often times people find some sort of SUCCESS in their life, and then become feeling โ€œstuckโ€ & canโ€™t have continuous growth

โ“Which begs for an important question:

Why do successful people get โ€œSTUCKโ€?

๐Ÿงต๐Ÿ‘‡

Set a reminder for my upcoming #TwitterSpaces

twitter.com/i/spaces/1PlJQโ€ฆ
Successful people are often afraid to change anything about their routine & behaviours in fear that it might affect their success.

Ironically, itโ€™s their CURRENT behaviours that usually becomes the reason why they canโ€™t find MORE SUCCESS in their life.
โ€œYou attract what you behaveโ€

You have probably heard me saying this before.

There are certain habits that come to people when they find success. Some of those habits & behaviours become responsible for limiting their growth

#growthhacking #personaldevelopment #growthmindset
Read 7 tweets
U r a high income earner but unable to escape your corporate shackles in spite of actively working > 20yrs.

WHY?

Lets delve deep & do some introspection.

#threadbytradersushma
#financialfreedom
#booktwt
Here's list of 25 questions u can ask yourself to actually know what went wrong in your financial planning. Answers to these might open doors to financial awakening!

Curated from the book โ€œThe Millionaire Next Door" Image
1.Have u ever calculated your NET WORTH?

2.What % of your monthly income do u invest in stocks?

3.Do u live in an upscale neighbourhood with affluent looking neighbours?

4.How often do u go out to upscale diners for eating out?
Read 12 tweets

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