Coffee Can Investing 🥫☕️

Here’s a lazy way to become a billionaire 🤑

Let’s know how? ⤵️

-- A Thread 🧵 --

#invest #StockMarketindia
The idea rolls back to the USA before the banking system was established when people used to put their valuable things in a Coffee Can and would not touch it for a long time.
So, it’s a BUY and FORGET style of investing.

The rationale behind this methodology is to invest for a long run (10 years or more) in a sound business.
Here how you can create your own Coffee Can:

• Select the stocks that enjoy dominance, competitive
advantage, excellent track record and run by
competent management

• Build a concentrated and diversified portfolio of
approx. 20 stocks

• Have long term view
So, will you be practicing Coffee Can Investing?

And if you want to know in detail about this strategy you could subscribe to our BSE certified course on Quest!

Link: quest.finology.in/certifications…

#stockstowatch #sharemarket

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Quest By Finology

Quest By Finology Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Finology_Quest

Apr 23
9 Important Things about Sukanya Samriddhi Yojana 👧

• Min Max Deposit
• Interest Rate
• Tax Benefits
• Eligibility Criteria
• Maturity Period
• Payment Period
• Withdrawals
• Loan Facility

Let's find out ⤵️

-- A Thread 🧵🪡 --

#investing #financialliteracy
▣ SSY was created to provide girl child 👨‍👩‍👧‍👧 with a
sound financial future. It’s a part of "Beti Bachao,
Beti Padhao Yojana". It comes with an interest rate
of 7.6% and tax benefits under 80C of Income-tax
Act, 1961.

#stocks #StockMarket
▣ The account can be opened by the parent or legal guardian in the name of a girl child from the birth till she is 10 and max 2 accounts can be opened.

❌If more than two daughters the 3rd account can not be opened.
Read 13 tweets
Apr 22
Top 5 Causes of Debt Trap. 🔴💸

• EMI > 50%
• Fixed expenses >70%
• Existing debt >60%
• Credit card debt >50%
• Savings = 0

But how to come out of the debt trap?

Let's find out. ⤵
1️⃣Acceptance

The very first thing to do is accept that you have gotten yourself in a mess because honestly, nothing good ever came out of denial.
2️⃣Budgeting

Analysing your sources of income and expenses would never go out of fashion.
Read 7 tweets
Apr 22
WHATTT!!! Health insurance premiums are likely to go up? 🤯

Yup! Because of higher claims due to COVID-19 resulting in rising healthcare inflation.

But here are some hacks to reduce your premiums ⤵️

#investing #StockMarket
How could you reduce premiums on your health insurance:

• Get treatment in Network Hospitals

• Opt for voluntary deductible

• Pay 2-3 years’ premium to earn 7.5% discount

• Switch to policies with sub limits

#healthinsurance #FinancialFreedom
▣ Get treatment in Network Hospitals 🏥

A hospital that has an agreement with an insurance company for providing cashless treatment is referred to as a Network Hospital.
Read 7 tweets
Apr 20
Biggest Stock Market Myths! 🤯

⚠️ It’s Gambling
⚠️ Require Strong Knowledge
⚠️ Require large capital to invest
⚠️ Can time the market
⚠️ All stocks eventually fall in value
⚠️ High risks = high profits
⚠️ Experts/Advisory Required

#invest #stocks
▣ Stock market is like gambling 🎲♠️

While gambling is all about game of luck/chance, investing is driven by multiple factors as economic landscape, company performance, your stock purchase & sale timing etc & these factors can be studied & predicted to make pftble investments.
▣ Require Strong Knowledge 👨‍🎓

Investing requires an understanding of the market & identifying the right shares. But, this process of learning is continuous & develops over time.

Share market favors preparation & is, therefore, open to anyone with a keen interest in the market
Read 9 tweets
Apr 13
Few Neobanks in India 🤑💳

• Fi Money
• Jupiter
• Niyo
• OcareNeo
• Kotak 811
• North Loop

But what are Neobanks?

Let's Find out. ⤵
NeoBanks are not recognised as banks by the RBI. They operate by partnering with traditional banks and providing their services online.

Here are some of their features:

👉Digital Presence
👉Faster Customer Service
👉Higher Interest Rates

#StocksToBuy #stockstowatch
NeoBanks earn mostly from these sources:
👉Lending
👉Prepaid Cards
👉Buy Now Pay Later
Read 5 tweets
Apr 13
Top 5 Mutual Funds in India for 2022 😍

1. Mirae Asset NYSE FANG + ETF
2. HDFC Index Fund Sensex Plan
3. Kotak Equity Opportunities Fund
4. Parag Parikh Flexi Cap Fund
5. Axis Small Cap Fund

-- A Thread🧵 --

#Invest #StockMarketindia
▣ Mirae Asset NYSE FANG + ETF 🇺🇸

It’s a Global Fund and an open-ended scheme replicating NYSE FANG+ Total Return Index.

→ Fund Manager: Mr. Siddharth Srivastava
→ Creation Unit Size: 2,00,000 units
→ EXPENSE RATIO: 0.53%
▣ HDFC Index Fund Sensex Plan 📈

It’s a large-cap fund, an open-ended scheme replicating S&P BSE SENSEX Index.

→ Fund Manager: Arun Agarwal & Krishan Daga
→ Expense ratio: 0.2%
→ AUM (Fund size): 3,311.67 Crore
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(