Thread ๐Ÿงต on Personal Finance Basics

More PERSONAL than FINANCE Image
What to Expect and What not to Expect Image
Meaning of Personal Finance Image
Attitude Image
Need for planning Image
DIY Financial Planning Image
Budgeting and Tracking Image
Emergency Fund
Life Insurance
Health Insurance Image
Power of Inflation Image
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Real Example Image
Power of Compunding Image
Set your Financial Goal Image
Goal Horizon Image
Income Tax (Saving) Image
Don't know direct Investing , Go with Mutual/Index Fund Image
Risk Vs Return Vs Me Image
NUTSHELL Image
Retirement Planning

Retire Rich by @pvsubramanyam
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Do and Don'ts Image
Disclosure: This is not my work, I don't know the original source, Full credit goes to him/her for such a wonderful presentation

The reason to share is that presentation and maker's both's aim is to Educate a Retail Investor

@dmuthuk @FI_InvestIndia @adi2five @RichifyMeClub

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More from @InvestmentBook1

26 Nov
Thread ๐Ÿงถ on Investment/trading mistake and way to overcome it

You lost money in Trading or Investment

Here how can you overcome from it

Potential Reason :
What the reason of failure ๐Ÿ‘Ž
What fault in system ๐Ÿ’ป
Traded by stock tips ๐Ÿ’ก
Not put stoploss ๐Ÿ”ด Image
Emotional trade ๐Ÿ‘€
Loss-covering trade ๐Ÿ˜ค
Not manage risk-management ๐ŸŽฒ
Outsized capital allocation ๐Ÿ“ฆ
Enter after run-up too much (FOMO)
Holding stock even after hit stoploss Buy from wrong entry zone โŒ

Many more still would be
If you have any problem just solve out that like do invert always if you still holding stock after stoploss hit, square off position after hit,
Do proper risk management
Do follow trading system
Never rely on other's system
Only trade if it is fit on your system
Read 11 tweets
26 Nov
A great Webinar by @ms89_meet

Available FREE (Thanks @ayushfromayak)

Recommended to get values from it



He shared book list too which we covering now

1. The Little Book That Builds Wealth
amzn.to/39fy4Dt Image
2. Porter's five forces - stay ahead of the competition
amzn.to/3m9iddo

3. Financial Shenanigans
amzn.to/379h7YX

4.100 Bagers (Recommend by @utpalsheth too)
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5. Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
amzn.to/2JfV1eM

6. Value Migration: How to Think Several Moves Ahead of the Competition
amzn.to/3lfcku4
Read 6 tweets
26 Nov
Basic ratio which you look before you made any Investment, Many times your money will be save if you look out at your end,
ROCE :
Return on capital employed means how much company making profit of employed capital (Equity + debt), Just on safer side, It should be above 12-15% , If company consistently earning higher ROCE means company making higher profit from Invested capital and If debt.
Debt to Equity :
Debt to Equity ratio quantify that how much debt company have in comparison to equity, For example company have 100 Rs Equity and 100 Rs. Debt then ratio is 1, and ideal ratio should be 1 (There is many if and but
Read 13 tweets
25 Nov
Thread ๐Ÿงถ

The Basics of Understanding Financial Statements Book

It's too basic but found some very important aspect to be note and learn

Going to share wonderful advice from this book,

Make sure to reach it maximum for benefit of all

@dmuthuk
@Dinesh_Sairam
Importance of Basic Accounting Knowledge
What CFO increase suddenly
Read 17 tweets
14 Nov
How to Make money buying Good business paying a high multiple?

Terry Smith (Fundsmith) Presentation

Investment Strategy
Importance of ROCE
Which one do you want ?
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10 Nov
DIWALI PICKS 2020

1. The Psychology of money

A simple book of 20 chapters but that 20 chapters are full of wisdom it will change ur perspective to look at Finance, Stock market, wealth Great work is done @morganhousel

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2. ๐‚๐จ๐Ÿ๐Ÿ๐ž๐ž ๐œ๐š๐ง ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ข๐ง๐ 

Saurabh Mukherjea is a great author and in his book coffee can investing you will learn a simple investing style,
Own the best quality business with No churn in 10 years and it's past data of this simple style.

Easy to read and easy to implement

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Read 12 tweets

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