Some market predications for 2022:

πŸ‘‡πŸ‘‡

1. Commodities: Steel will grow due to expanding demand, but gold will stabilise. Oil will stay very volatile.

2. Stocks: this would be the decade of Industry leaders. Pick a segment, pick an industry leader.

and If ...
..you buy it at a good price, you will make great money.

3. Markets overall might consolidate sideways for a long period of time. Hence, Index investing this year might not be a great idea.

4. Exponential asset classes: Cryptos, NFTs. Favourable regulations will ..
.. skyrocket their growth.

5. Bullish on AMCs, Insurance & Banking. These might give secular growth.

6. Overall, we are still very much in the bull run. In fact our monetary system, can't afford a failure and asset prices will stay inflated, barring external shocks.
Summary: this is how I am designing my portfolio; this is not a buying/selling recommendation.

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More from @Akshat_World

26 Dec
What does DiCaprio's latest movie and Turkey's financial Crisis have in common?

Here is a thread πŸ‘‡πŸ‘‡
1/

2008: 1 Turkish Lira= 1 USD
2021: 17 Turkish Lira= 1 USD

Turkish Lira has been plummeting. And, this crisis has skyrocketed in 2021.
2/

In Nov, 2021 inflation was 21%. i.e put 100, get 79 back after a year.

When inflation goes up, central banks usually tighten the interest rate. This removes excess money in the economy and brings the inflation down.

But, Erdogan, Turkey's President, thinks otherwise.
Read 8 tweets
23 Dec
Do you know that you can make 36% interest on your Fixed Deposits?

Here is how πŸ‘‡πŸ‘‡
1/Buy NFTs and stake them; you can make upto 108% APY through this.

Okay, what do I mean?
2/NFTs:

This is what an NFT looks like:

Now many folks would say: How are people making money from these funny looking pictures?

Well, simply put this is an NFT. And an NFT is a blockchain 'asset'.

Assets in the Crypto/Blockchain world can be 'staked' for returns.
Read 11 tweets
16 Dec
Rich people in the US, have built business empires taking on debt.

But, normal retail folks like you and me can ruin our financial well being by taking debt unnecessarily.

So it makes sense to understand the difference between good and bad debt: πŸ‘‡
1. Robert Kiyosaki puts it well:

- Rich people build assets (Assets=put money into your pocket)
- Example: when Jared Kushner buys Real Estate, he will rent/sell it. This is a 'cash flow' for him.
- Unfortunately, when normal folks buy Real Estate, they create a liability.
2. Normal folks are champions at creating liabilities:

- Eg. buy an i-phone on EMI.
- Buy a house on a massive loan.
- If you max out 1 credit card, time to apply for a new one.

With endless WANTS, Discounts/Cash-backs/EMIs become tools to push demand.
Read 6 tweets
12 Dec
Things like these are getting sold for millions.

Is this madness or is there some mega-trend at play?

Let's understand the NFT craze: πŸ‘‡πŸ‘‡
1) NFT?

- It is an asset on a blockchain network (eg. Ethereum network)
- B/c the data can be tracked, it has a clear proof of ownership.
- And, like the Monalisa painting it holds no value if it is broken down (hence, it is non-fungible)

- Example:

Jack Dorsey's Tweet
2) Just because you 'own' a NFT does not mean thatΒ you get to do whatever you like with it:Β 

- For example, you can't change Jack's Tweet above even if you are the owner.
- Or hide it from people.

Oh then what's the point? πŸ‘‡
Read 9 tweets
5 Dec
Almost 7/10 people I speak with want to quit their jobs.

But, almost no one does.

The primary concern: what if I fail?

Most of us struggle to understand how to manage risk.

A thread πŸ‘‡πŸ‘‡
1. We live in a highly uncertain & complex world.

- Jobs are getting disrupted.
- New asset classes are emerging each year.
- Macro trends like environment, energy etc are undergoing tectonic shifts.

When the world is 'changing' there is no way you can stay 'put'.
2-a) As an individual, you need to be good at calculating your risk-reward equation.

Example:
- Should you leave your job?
- Risk: you will lose your salary & identity
- Reward: you can possibly make more & create a new identity.

Now calculate:
Read 7 tweets
1 Dec
If you are unhappy with your job, it is time to do something about it.

Where do you start?
And -- more importantly -- how to build more options?

A thread:

πŸ‘‡πŸ‘‡
1/A very quick story about me:

- I started my career working with a non-profit organisation.
- While the work was great, I was just making INR 10K a month.
- This was bad, really bad. I could not even meet my everyday expenses.

My first step was to cultivate more options.
2/I had done well on the GMAT in college, so I started a small side tutoring business.

Every month, I used to get 1-2 private clients.

This 'side gig' helped me make 5X the money, I was making from my regular job.
Read 13 tweets

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