There is 3 keys things I learned from this book. The 10% rule. Most of us know that we should save 10% of our income every month. This book suggests you the same but in addition to that you spend 10% of your income to two more important things. They are....
You spend Rs.80 on your haircut? Go ahead & spend Rs.800 next time on your haricut, go to that exclusive hair saloon, you are not going to look like Hrithik Roshan after the hair cut, that's not what you paid for, you paid for the ambiance, hospitality,
to have a conversation with someone who sits next to you, who makes much higher income than you ,what do they do. You spend Rs.1000 on Royal Challenge whisky? Spend 10k on Congac next time. As long all this is under your 10% of your income, don't mind spending it. Feel good
There is no point in earning & saving all the time, if you don't live the life to the fullest. And also there is no point in buying that expensive phones, where you loose the feel rich part the moment it falls down and screen cracks.
We buy things we don't need with money we don't have to impress people we don't like. Spend 10% on something that can really make you feel rich. Spend the money on experience, not on materialistic stuff.
And the third part is spend 10% on learning. You need to keep learning, the moment you stop learning, you stop growing. You want to enroll for a python course for a long time, you want to attend a workshop on investing, you want to learn about any skill sets, go ahead and spend.
From your Income - Save 10%, spend 10% that makes you feel great, spend 10% on learning. Repeat this month after month. You will feel the difference. And the book name is Secrets of the Millionaire Mind amzn.to/3cJgvdy
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What if I told you that Jane Street made ₹36,500 crores from Indian markets in just 2 years, and ₹4,800 crores of that was allegedly through market manipulation? They turned India's stock market into their personal ATM using a strategy so clever. Here's the complete details 🧵
Who is Jane Street?
Founded in 2000, USA
2,600+ employees globally
High-frequency trading wizards
Operates through 4 entities in India (2 foreign, 2 domestic)
They're not investors. They're traders using algorithms that execute faster than you can blink.
First, the mind-blowing numbers:
Total profit in 2 years: ₹36,502 crores
Profit from options: ₹43,289 crores
LOSS from stocks/futures: ₹7,496 crores
Wait, they LOST money in stocks? This wasn't incompetence. It was genius-level manipulation.
Rise of Ai could destroy lot of careers in next 5 years, biggest impact will be for Investment Advisors & Research Analyst. I just used @zerodhaonline MCP + Claude AI to analyse my portfolio and suggest what needs to be done. I was amazed by its output. Here's how you can do it
First you need to Download and install Node.js from nodejs.org and install Claude Desktop application.
Go to Claude Settings
Click on Developer
Click Edit Config and add the below config , save and restart Claude Desktop
{
"mcpServers": {
"kite": {
"command": "npx",
"args": ["mcp-remote", "mcp.kite.trade/sse"]
}
}
}
First you need to autheticate with your Zerodha credentials. Once done, you can give necessary prompts to analyze your portoflio.
Solo traveled to Vietnam with zero plans, chose just one city — Da Nang — and it turned out to be the most peaceful, soulful vacation I’ve ever had. Vietnam is vast, but you don’t need to race across the country, if you are on time constraint, then opt for Da Nang. Here's why🧵
While everyone rushes to Hanoi or Ho Chi Minh, Da Nang offers something different - a laid-back vibe where luxury costs less than domestic Indian destinations. You get to see Pristine beaches and beautiful hill station, which is just an hour drive.
Checked into Outpost hostel initially. Totally dead. Bad vibe. Within hours, I moved to another near by hostel Rom Casa — vibrant, buzzing, full of travelers from around the world. Best decision. When you are traveling, don't fall for sunk cost fallacy.
Just got back from a 1-week holiday in Singapore and It’s not just about Universal Studios. Clean roads, disciplined people, top-class public transport, and yes – it’s the most expensive country in Asia. If you're planning Singapore soon – this thread is for you 🧵
Initially, we were looking at Kashmir for the family vacation. But with school holidays, flight tickets from Chennai shot up to ₹1.5 lakhs.
With Google Flights, looked for cheapest destinations.
Surprisingly found direct round trip flight to Singapore for just ₹40K for 3 people!
If you ever book through Indigo, try their WhatsApp booking instead of the app — got better pricing that way.
Everyone do SIP for their future, be it for their own retirement or Daughter's education or Son's marriage. What would you do if your SIP corpus goes down 50% due to market crash when you need money? How can one handle the risk involved in SIP? Here's the ideal solution 🧵
When it comes to SIP everyone knows that if you invest X amount every month, you are going to get 10X after n number of years. Everyone talks about returns but hardly anyone talks about the risk involved. Let's see how markets behaved historically.
Sensex moved from 100 to 80000 in 44 years. Most SIP investors just focus on the destination not the journey, during this 44 years, Sensex has witnessed multiple instances where it has seen more than 50% corrections.
Removal of weekly expiry triggered many traders to look for alternative markets, one such market is Crypto. But it involves too much noise, people say it's illegal, not safe & too much of tax. I spent last 30 days exploring Crypto, let me uncover all the myths. 🧵
Am totally new to Crypto, I dont know ABC of it. First learnt some basic stuff. Just like how we trade stocks in cash segment and F&O segment, Crypto market also follows similar approach. Like stocks, Crypto market has coins. Just like how you buy Reliance shares, you cant buy Bitcoin, ETH etc from India. Spot trading is not allowed in India. You can only deal with Futures & Options. That's why many people say Crypto Trading is illegal. No, it's not illegal. You just cant trade in spot, thats all.
If you want to buy Bitcoin in spot market you can use exchange like Binance but it involves too much of an hassle. Lot of my friend's bank account was frozen when they did transaction through Binance. Let me explain why it happens. When you deal with stocks trading, you transfer money from your bank account to broker's account and then you purchase the necessary stocks that gets credited into your demat account.