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More from @FincademyIn

Jan 12, 2022
Mirae Asset Emerging Bluechip Fund has a consistent record of delivering superior returns.πŸ˜‡

Here is our review about this scheme πŸ§΅πŸ‘‡

Do "Retweet" for better reach.
The Fund was launched in July 2010 and has a track record of over 11+ years now.

Scheme Type: Open ended equity fund

Scheme Category: Large & Mid Cap
It was a Mid Cap oriented fund since inception till the SEBI recategorization kicked in. This scheme was repositioned as Large and Midcap fund in 2018. The reasons for these changes are beyond the scope of this thread.
Read 20 tweets
Dec 23, 2021
Today, let us learn about term insurance.

A thread πŸš€πŸ§΅ - Image
1/ Term Insurance is the pure life insurance in which the insurer provides the full sum assured in case of death of the policyholder before the maturity ends. If the insured lives beyond the period stated in the policy, no payment is to be made by the insurer.
2/ When to buy the term plan? As early as possible, but ask these two questions whenever buying term insurance i.e., are you an earning member and have dependents. If both answers are YES, buy it.
Read 51 tweets
Dec 8, 2021
Emergency Fund 101

What?
Why?
Where?
How?
When?

Thread🧡 Image
What is an Emergency Fund? 🚨

It is that basket of money which you have set aside to pay for any emergency (unexpected expenses).

Definition of emergency is very subjective.

Ideally, Emergency Funds should only be used for unexpected genuine crises in life.
Why You Need an Emergency Fund?

So that you don’t have to plunge in the baskets which are assigned to other goals.

Your emergency fund will also save you from taking expensive loans like personal loan or credit card borrowing in the times of crises
Read 18 tweets
Apr 6, 2021
Holding a stock just because you bought it at higher price ?

A Thread on Sunk Cost Fallacy πŸ§΅πŸ‘‡
1/ A friend of mine had been working on a project for 7 months. He gave in all his time, energy and money to make it successful.
2/ At a small discussion about this topic, he told me that he was not sure if the project was going to work.

However, he would still continue to work on it since he has already spent a lot of time and money on it.
Read 13 tweets
Apr 1, 2021
A Thread on Concepts of Mutual Funds πŸ§΅πŸ‘‡
Consider this conversation between father and son. The curious teenager seeks advice from his Dad on mutual funds. In the process, he realizes the importance of the same.
Son : Dad, what is a Mutual fund?

Dad : Do you know how to drive?

Son : No.

Dad : But, if you have a car and you don’t know how to drive, how will you reach your destination?

Son : It's simple Dad. I’ll hire a driver for me.
Read 19 tweets
Mar 23, 2021
Other than Bears and Bulls, there are 13 animals in the stock market which you’re not aware

A Thread πŸ§΅πŸ‘‡
1/ Every investor is aware about the bulls and bears of the stock market. Only few people know about the full animal kingdom like rabbits, turtles, chicken, pigs, etc. Each animal determined their own specific characteristic. Here are the meanings of each animal.
2/ Bull - The bulls represent the investors who are optimistic (positive)about the future prospects of the share market. They believe that the market will continue to go up.
Read 26 tweets

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