Gurjot Ahluwalia Profile picture
Jun 11 4 tweets 3 min read
Zerodha has released a cool new feature to link your family member accounts and see them all in one place.

This is very useful if you have one person operating all family accounts.

Short thread on how to do this 🧵👇

#Zerodha @zerodhaonline

PS: Retweet to share with others Image
Family account linking can be done directly from the Kite mobile app itself.

Just go to your Client ID tab and there is a link for "Family" under Console.

Once you click that, you get an option to link an account. Then, you need to enter a few details of your family account. ImageImageImage
Your family member will receive a SMS with a link to accept the account linking.

They need to click the link, login to Kite and accept the family account linking request.

Repeat the above steps for as many accounts you need to link. Image
The best aspect of this new feature is how smoothly Zerodha combines all the different family portfolios.

Ex: If I have bought Reliance across family accounts, it shows the quantity, avg buy price, profit/loss across all accounts along with breakdown

Good job @zerodhaonline 👏 Image

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More from @gurjota

Jun 13
I analyzed 25+ years of #Nifty data to better understand bear markets 🐻

Why?

Given the recent market sell-off and bearish stance of market participants, history and data is your best guide to prepare if we're headed for a bear market.

Thread with findings below 🧵👇
1/n Image
But first, do you know the definition of a bear market?

When any index falls 20% or more from it's all time high, it is termed to be in a #bearmarket 🐻

How do you calculate length of a bear market? The time duration in days from previous all-time high to market bottom.

2/n Image - https://www.outlook...
🇮🇳 Nifty last 25 years (1997-2022*)

Number of Bear Markets = 8

Average drawdown % = -38.5%

Average bear market duration = 246 days (8 m)

Key takeaway - Bear markets occur every ~3 years and take on average 8 months to bottom

3/n Image
Read 13 tweets
May 18
Failure is life’s best teacher & loss is stock market’s best teacher!

I lost 80% of my capital in a #Nifty50 stock in just 1 year!

It is my life's worst investment till date & Covid had no role in it!

Here are my Top 5 lessons from my biggest mistake!

Thread 🧵👇
(1/9)
Lesson 1 – Never average down with deteriorating fundamentals

I bought #YesBank in Sep'18. It was in Nifty since 2015 & reported 4k cr PAT in FY18.

1 week later, RBI declined CEO Rana Kapoor’s extension & stock crashed 50%🔻

I kept averaging looking at past performance
(2/9)
In Jan'19, new CEO announcement led to good recovery in stock price.

I thought market is happy and bank is back on track.

But in April, bank declared shocking Q4FY19 numbers.

A loss of 1500 cr which was the 1st ever in the bank’s history!

Stock crashed 50% again 📉

(3/9)
Read 9 tweets
Apr 21
Do you know there is a crucial difference between

Interim Dividend
vs
Final Dividend

And this difference is just "1 word" but it affects you financially 💵

Thread below 🧵👇
(1/n)
First, let's understand the definition of both these types of dividends

"Interim" Dividend is the dividend declared by the Board of Directors (BOD)

"Final" Dividend is the dividend recommended by the BOD and if approved by shareholders, declared at the company AGM
(2/n)
In both cases, the dividend needs to be paid within 30 days from the date of declaration.

So now let's come to the part on how this affects you financially 💰

Interim Dividend Example 👇

I have invested in HCL Technologies and the co declared their Q4FY22 results today
(3/n)
Read 10 tweets

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