1/8
Dad told me about how his just retired friend's 25 year old insisted on liquidating F.D's worth a sizeable amt ( kept for EMERGENCY ) today as the son KNEW he could EARN SO MUCH MORE from markets in JUST a month ! 🤦
A thread on the same for NEWBIES.
Dad told me about how his just retired friend's 25 year old insisted on liquidating F.D's worth a sizeable amt ( kept for EMERGENCY ) today as the son KNEW he could EARN SO MUCH MORE from markets in JUST a month ! 🤦
A thread on the same for NEWBIES.
2/8
2020 was exceptional !!
A brutal crash followed by an unimaginable run due to liquidity.
NO. IT DOESN'T MAKE YOU TALENTED IF YOU HAVE MADE 50%+ RETURNS THIS YEAR.
Even a GROUNDED AIRLINE scrip is flying. That doesn't make you an expert.
IT JUST MAKES YOU LUCKY! 🤷
2020 was exceptional !!
A brutal crash followed by an unimaginable run due to liquidity.
NO. IT DOESN'T MAKE YOU TALENTED IF YOU HAVE MADE 50%+ RETURNS THIS YEAR.
Even a GROUNDED AIRLINE scrip is flying. That doesn't make you an expert.
IT JUST MAKES YOU LUCKY! 🤷
3/8
An experienced person with a modest risk appetite would be happy with 12-15% CAGR over a long term.
Most get caught at higher ends. ( Few accept it )
Only a HANDFUL enter at bottom ( Mostly Newbies).
You never know WHEN YOU too might get caught at the higher end!
An experienced person with a modest risk appetite would be happy with 12-15% CAGR over a long term.
Most get caught at higher ends. ( Few accept it )
Only a HANDFUL enter at bottom ( Mostly Newbies).
You never know WHEN YOU too might get caught at the higher end!
4/8
Don't get CARRIED AWAY by these Screenshots & Self proclaimed EXPERTS on Twitter who run paid subscription giving 5 FUNDAMENTALLY strong stock names EVERYDAY !
Yes they ARE making lot of money.
But NOT from markets .
They are MINTING money off you ! 🤦
Don't get CARRIED AWAY by these Screenshots & Self proclaimed EXPERTS on Twitter who run paid subscription giving 5 FUNDAMENTALLY strong stock names EVERYDAY !
Yes they ARE making lot of money.
But NOT from markets .
They are MINTING money off you ! 🤦
5/8
Leaving your JOB to pursue TRADING is mostly stupidity .
Stopping a A REGULAR source of income for a POSSIBLE windfall is TEXTBOOK DISASTER IN MAKING.
One can become Financially Independent by focusing on work, skillsets & investing sensibly . Weekend reading suffices.
Leaving your JOB to pursue TRADING is mostly stupidity .
Stopping a A REGULAR source of income for a POSSIBLE windfall is TEXTBOOK DISASTER IN MAKING.
One can become Financially Independent by focusing on work, skillsets & investing sensibly . Weekend reading suffices.
6/8
If you have made spectacular returns in Average/Penny stocks or Trading use that returns sensibly .
* Pay off existing loans .
Become DEBT FREE
* Ensure you have an Emergency fund worth a year's expenses
👇
* Open a PPF account
If you have made spectacular returns in Average/Penny stocks or Trading use that returns sensibly .
* Pay off existing loans .
Become DEBT FREE
* Ensure you have an Emergency fund worth a year's expenses
👇
https://twitter.com/VidyaG88/status/1345270444669210624?s=19
* Open a PPF account
7/8
* First ensure you have a Life Insurance , a Term Insurance , a good Medical Insurance - Not just from your Employer.
👇
* Read and improve Skillsets & start building a corpus - OF
YOUR OWN SAVINGS for investing.
STOP USING YOUR PARENTS' SAVINGS!
* First ensure you have a Life Insurance , a Term Insurance , a good Medical Insurance - Not just from your Employer.
👇
https://twitter.com/VidyaG88/status/1254279111763062784?s=19
* Read and improve Skillsets & start building a corpus - OF
YOUR OWN SAVINGS for investing.
STOP USING YOUR PARENTS' SAVINGS!
8/8
The markets may even see a Time Based correction in 2021.
NO ONE KNOWS what the future holds .
As Munger states,
All we need to do is try to be consistently not stupid , instead of trying to be very intelligent .
@dmuthuk
@Vivek_Investor
Tagging you for reach. 😇🙏
The markets may even see a Time Based correction in 2021.
NO ONE KNOWS what the future holds .
As Munger states,
All we need to do is try to be consistently not stupid , instead of trying to be very intelligent .
@dmuthuk
@Vivek_Investor
Tagging you for reach. 😇🙏
• • •
Missing some Tweet in this thread? You can try to
force a refresh
