myfinology Profile picture
Feb 10 6 tweets 2 min read
A Review of Stock Analysis & Learning tool, StockEdge.

A Thread! 🧵
(1/6)
#stocks #Review #finance
Founded in the year 2016 by IIM Indore alumni Vivek Bajaj & Vineet Patawari, Stockedge has grown to be one of the more popular stock analysis and learning platforms in India. (2/6)
As of June 2021, StockEdge had >2 million downloads and >30,000 reviews on Google Play Store. (3/6)
Some of the platform’s features include, but are not limited to:

👉 Investment in Equity and MF.
👉Dedicated Education Segment.
👉Ability to make custom Notes on various instruments.
(4/6)
StockEdge also has two levels of subscription plans, charged at ₹399 and ₹1499. (5/6)
Find out more about the platform only on Finology Blogs! (6/6)

blog.finology.in/investing/stoc…

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More from @myfinology

Feb 12
Tax Saving tips you probably didn't know 😯

Read the 🧵to reduce your tax liability in the current year (2021-22)

Hit “Re-tweet” to share the information with maximum people

(1/8)

#taxes #TaxSeason #investing
1) Booking Capital gains :

The Long term capital gain on equity shares & MFs are taxed at the rate of 10%, if your gain is more than Rs. 1 lakh.

So, you can strategically plan your long term investments by booking LTCG upto 1 lakh and reinvesting the money next day.

(2/8)
2) Tax-loss harvesting

If any of your equity holding is experiencing a consistent fall & you feel that the security has lost most of its value & chances of a rebound are bleak, you can offset the loss against capital gains that your portfolio has earned over the period.

(3/8)
Read 8 tweets
Feb 11
Answering every iPhone-lover-new earner's query once & for all👇

Should I buy an #iPhone on EMI?

Please ‘re-tweet’ & help us educate more investors

(1/10)

#personalfinance #investing #loans Image
Let's understand this with a real example :

I earn ₹35K p.m, live in a rented flat in Mumbai & pay EMIs of ₹10K p.m for education loan.

I'm planning to buy an #iPhone12 on 9-months EMI.

Can I afford to buy now? 🤔

(2/10)
Before moving to 'buy / not to buy' decision, you should understand ur current spending status first. (Recipe.finology.in > Prosperity Ingredients > Spending Habit)

Say, rent 8K, food 5K, fuel 2K, clothes & outings 5K & existing EMIs - 10K.

Which means you are -

(3/10) Image
Read 10 tweets
Feb 10
RBI keeps the #RepoRate unchanged!

What is Repo & how does it mean for investors, borrowers and customers?

Read the 🧵to make sense

Do ‘re-tweet’ & help us educate more investors

(1/12)

#RBI #RBIMonetaryPolicy #investing
Repo rate is a type of interest rate!

Interest rate influences the willingness to save and borrow money and also gives insight into future economic and financial market activity.

(2/12)
What interest rates mean to different stakeholders :

- Borrower : It the price he pays for the use of money (loan)

- Lender like banks : The "fee" earned for taking the risk to extend loan

- Saver & investor : The return on investment from savings a/c ,FD or bond

(3/12)
Read 13 tweets
Feb 5
A new "bad boy" in the Industry : BharatPe's #ashneergrover 🤠

A popular face of social media after his appearance as a panelist in #SharkTankIndia, Grover is in d limelight, but this time “it’s -ve publicity”!

Read d complete thread to know "What's the buzz all about?"

(1/17)
It all started on 5th Jan, when a call recording leaked into the public resulting in exposing an ugly side of the Shark.📞

Grover was found bashing an employee of Kotak Mahindra Bank for failing to gain a share of allocation for Nykaa’s IPO.

(2/17)
Grover claimed that the audio clip was “fake” but soon after this, Kotak issued a statement stating that the bank is pursuing “appropriate legal action” against BharatPe’s MD, Ashneer Grover, for the “inappropriate language” used in the call.

#AshneerGrovervsKotak

(3/17)
Read 17 tweets
Feb 4
How to get Free Insurance of Rs 50 lakh with your Mutual Fund SIP?

PS: It’s not ULIP!🤫

(1/10)

#personalfinance #mutualfunds
Many individuals can’t opt for Term Insurance due to some "Medical Conditions"

What if we say, now you are eligible for it through your Mutual Funds!

But How? 👇

(2/10)
The name of the solution is “SIP Insure”

It’s a Term Group Insurance policy provided by the fund house for SIP investors without charging any additional cost!✌️

⏩ No Insurance Premiums means "free coverage"
⏩ No Medical Check-up means "anyone can be covered"

(3/10)
Read 10 tweets
Feb 3
Why the Indian Government keeps its employees from trading in the stock markets. 🤔🤔

A must-read thread! 🧵(1/5)

#government #StockMarket
Read the first tweet again.

Employees are discouraged from engaging in the "speculative buying and selling of shares".

Thus trading is outlawed, investing isn't.😋(2/5)
👉Speculative trading comes at a benefit to said employees as they might possess insider information about the concerned shares.

👉They might also earn undue influence on companies during the ordinary discharge of their duties. (3/5)
Read 5 tweets

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