Personal finance simplified in 1-Page. जब साज़ है आवाज़ है फिर किस लिए हिचकिचाना !!
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May 21, 2023 • 24 tweets • 9 min read
I read the 40 Page draft shared by SEBI on Review of Total Expense Ratio charged by AMCs
It is found that mutual funds are charging retail investors more than the maximum allowed expense ratios.
Starting a THREAD with the shrewd statement by SEBI Chairperson Madhabi Puri Buch.
1) SEBI Regularly reviews the MF Industry to make them work in favor of the retail investor.
Below are steps taken by SEBI to make things sensible for retail investors.
Apr 16, 2023 • 12 tweets • 4 min read
10 Personal Finance Visuals.
1. First rule: 2. “You need a reasonable amount of intelligence, but the temperament is 90% of it.”
-Warren Buffett
Apr 15, 2023 • 5 tweets • 3 min read
If your favourite fintweet personalities are not calling out bullshit like below, consider them also as a part of the problem.
Just discovered from the tip that ghostwriting is part of this widespread problem which is recently being observed on Twitter, don’t blindly follow people, identify the pattern before you get influenced wrongly.
A Thread on Mutual Fund Saga Simplified for layman warrior.
Krishna asked Arjuna to choose either Krishna himself, unarmed with passive involvement in the war as a charioteer or his mighty Narayani Sena, the most powerful army in the world at that time.
Aug 29, 2021 • 5 tweets • 2 min read
It is easier to save or earn 5% more than beating the market by 2%.
Focus on what’s in your control and invest in Index Funds.
With little training you learned..
And all other hard and risky skills, similarly managing personal finance is no big deal as it’s advertised by financial industry.
Aug 17, 2021 • 26 tweets • 4 min read
A Spicy Thread 🌶️ 🧵 on....
The science of Expense Ratio in Mutual Fund.
TL;DR: Jump to the spicy tables in the last few tweets of the thread. 1/16
Expense ratio is one of the most important parts of investing through mutual funds. There is a high chance that it is not discussed with you by your banker, agents or MFD advisor.
2/16
Aug 9, 2021 • 12 tweets • 2 min read
Term of The Week.
Rolling Return 😵💫
A Thread 🧵
There are several types of returns to get an idea about stocks or funds. The most widely used around the financial world is trailing returns.
1/10
While it is good to glance at trailing returns, that is a point to point return, it does not actually give the idea about what an investor has experienced over time. 2/10
Genius who loses control of their emotions can be a financial disaster. The opposite is also true. Ordinary folks with no financial education can be wealthy if they have a handful of behavioral skills that have nothing to do with formal measures of intelligence.