1/14
* HOW TO BECOME RICH THIS DIWALI 🤑 *

With Diwali around the corner along with our economy rebounding , only fair that we be bombarded with "PATAKA STOCKS" by EXPERTS from Indore to the enthusiastic newbie who made 30% returns on his portfolio ( of ₹10,000) in 1 week 🙄
2/14
So here are my 2 cents gently reminding how much of WEALTH has ACTUALLY been created for the enthusiastic retailers by PATAKA / PENNY / MULTI BAGGER stocks recommended in the past few years .

DISCLAIMER : Being a learner, I am mostly wrong 😇🙏
To each his own .
3/14
A small snapshot of a few Penny stocks ( using this word a little liberally here ) that were recommended LEFT , RIGHT AND CENTRE on Social Media & how they are doing currently :))

P.S - These are still recommended to newbies with the recount of their glorious past ! 🤦
4/14
The lure of earning huge money by purchasing PENNY stocks attracts many as they believe they are buying equity CHEAPLY.

In reality , THEY ARE ACTUALLY BUYING "CHEAP EQUITY" !

Huge difference between the two ! 🙄🤷
5/14
Risks being :
*Low market cap making it super risky
* Low liquidity making it easy for manipulation
*Skewed Risk Reward ratio
*Inconsistent performance, mostly never recovers from lows
*We get stuck in lower after lower circuits when selling begins
6/14
Look for QUALITY , NOT QUANTITY.

Penny stocks are not a treasure trove . They won't compound wealth .

Infact they are RIGHTLY called PATAKA stocks.
Afterall they are a MINEFIELD all set to blow up your capital ! 🔥💥😬🤷
7/14
If you really wish to buy during Diwali, instead of purchasing 1000 shares of 10₹ , use the entire capital to buy only 10 shares of a QUALITY company (T&C applicable)

The return ( Cap appreciation + Dividend ) would anyday be more !

*Even Index funds is good option !
8/14
Moving on to the other non penny scrips that were also recommended way too much on SM despite negatives being identified early on. (Questionable actions by management , Corporate Governance issues,cyclical ,huge debt etcetc ) becoming major wealth destroyers.
9/14
Businesses are prone to risks . Sometimes headwinds & underlying debt cause havoc even to a good business temporarily. This is where holding Quality helps.

As we all would have experienced it now , how quality falls LAST but rebounds FIRST :)
10/14
But it's an open secret that this technique of recommendation is indirectly used for Pump & Dump by operators ( especially cyclicals & bad Corporate Governance stocks)
Retail investors are the LAST to know the real happenings although we are made to think otherwise.
11/14

So this Diwali let's not
follow ANY recommendations BLINDLY from telegram ,watsapp , money control or any SM for that matter !
People are all here TO SELL .
WE are their " prospective clients " .

* MOST recommendations are sponsored.
Yeah ! 🙄UGLY TRUTH.
12/14
* Most analysts on TV don't even beat index benchmark ! So don't keep buying based on recommendations.

* If you are still looking for recommendations then you ARE NOT READY for direct equity investing.
* SIP in Index funds/good MF
* Use time wisely & self learn.
13/14

Ultimately , money not lost is also money earned which is how we shall become rich this Diwali !😇

* TO SUM IT UP *

"People are trying to be smart, all I am trying to do is not to be idiotic, but it's harder than most people think" ~ Charlie Munger.
14/14

Wishing everyone a Happy Diwali :))

*THE END*

@dmuthuk
@Vivek_Investor
@RichifyMeClub
@FI_InvestIndia
@position_trader

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More from @VidyaG88

28 Oct
1/8
Often hear salaried people complaining about volatility being the reason they stay away from markets .
IMHO I feel #volatility is not risk . It's actually an opportunity to be capitalised upon sensibly .
( T&C being applicable as always*)
A few pointers on the same.
2/8
* Being salaried helps immensely as one gets a fixed sum of money monthly . Less uncertainty of cash inflows aids in better decision making as we don't resort in knee jerk reactions .

* With proper planning one can keep aside money to invest systematically in markets.
3/8
* In the event of a sudden melt down we won't be forced to sell our holdings for want of money for next month's expenses.

* Thereby , we ensure we do not interrupt the process of #compounding . Otherwise, one is forced to sell even good stocks for want of money . 🤷
Read 8 tweets
21 Oct
1/14
* Some practical tips on #PersonalFinance & #Investment *

Met someone who lost heavily in markets( sizeable amt) which makes me write this thread .

DISCLAIMER : There are exceptions always.However the chances of us being in that exception is rare !🤷 Hence the thread.
2/14

Pls DON'T ENTER markets without ensuring you have
- An Emergency Fund in place
- A good comprehensive Life & Health insurance policy for all .
- Term Insurance ( especially if taken a house on loan)

More details given in the old tweet.
3/14
* INVEST SURPLUS ONLY *

Consider investing in markets as money locked in ( like in a PPF account) for a few years atleast & THEN decide how much money you CAN AFFORD TO LOCK IN.
Else we may have to sell ( even a good)stock at lower price BECAUSE we need money urgently .
Read 14 tweets
18 Oct
1/12
A quickfire thread based on a book I read recently titled " 80/20 YOUR LIFE " .

Disclaimer : This is MY interpretation & the ratio (80/20) is variable..
The essence here is to identify what matters & weed out the inconsequential & thereby manage time accordingly.
2/12
The #Pareto principle - 80/20 Rule is pretty well known & discussed in context of work & business productivity.
But it can also be applied practically in our day to day life in all possible aspects to ensure smooth sailing.
How do we do that? 🤔
3/12
Pretty simple actually !
Our Top priority goal must be a S.M.A.R.T goal aka :

Specific
Measurable
Attainable
Relevant
Time based goal .

Everything is #time based as time saved can be used constructively for other purposes or even wasted happily ! :))
Read 12 tweets
11 Oct
1/17
* A #TravelThread on The UNESCO #WorldHeritageSite - Ajanta & Ellora Caves *

Ajanta : Dating from 200BC ,these caves were excavated in 2 phases.

Ellora : 34 caves known for Buddhist , Jain & Hindu cultural influences.

Disclaimer : Based on MY understanding solely . 🙏
2/17
Before proceeding to #AjantaCaves make a small detour (16kms approx) to see the panoramic view of the caves & scenary from AJANTA VIEW POINT.
( Car goes easily. Lil walking of few steep steps)
Totally worth the view. :))
3/17
Archaeologists have numbered the caves from East to West.
Best mural works found in Caves 1,2,16,17 and 19.
Best sculptures found in Caves 1,4,17,19,24 and 26.

Most of it is sadly ill maintained. Hence unless one takes a guide( govt approved) along ,makes no sense.
Read 17 tweets
2 Oct
1/11

* A thread on lessons I learnt from #wildlife & #nature *

Took to #photography a while ago & have learnt so much along the way.
Wish to share a few lessons via this thread . Hope you all like it ! :))

#NaturePhotography
#WildlifeWeek
#wildlifephotography
2/11
"Normal is an illusion .
What is normal for the spider is chaos for the fly".

Thereby meaning Context is everything . It is context that influences our thoughts & thereby the decision making. Hence one cannot generalise things for it is all subjective to many factors.
3/11
Metamorphosis

This photo juxtaposes the beautiful transition from a caterpillar to the butterfly.
We all need to go through periods of isolation & emerge from our cocoon with our own strength in order to become something in life.
Too much of help & we shall crumble
Read 12 tweets
28 Sep
1/10
*OWNING A HOUSE *

Having a self owned home is a dream come true for the majority of us . We still equate it with prosperity & being settled .
But with the alarming cost of reality (especially in Metro's) when does this make sense?
My viewpoint on the same.
+
2/10
(So called)Pro's :
*Having your own place - Pride of possession.
*An investment .
*Having liberty to decorate as per choice { provided the wife permits 😉 }
*No need to shift often.
*Loan available at low interest rate.
Easy way to #leverage in markets (Common blunder!)
3/10
Are these really as good as they sound?

*The pride of owning a house comes with buckets of stress ,for most of the properties are purchased taking huge #loans spread across 2-3 decades of repayment.
So are we actually owning a house or is the bank possessing us ? 🤔
Read 12 tweets

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