Let’s view India as Investors view it. 🇮🇳 It’s all about helping YOU build wealth. 💰 (We’ve got a lot more, but not here! 🤫) #FreedomIsCalling
Nov 13, 2023 • 17 tweets • 5 min read
Many retail investors believe high PE carries risk. So they go for low PE stocks, assuming they are undervalued.
What they don't understand is that a stock's current value reflects the company's future growth. 📈
Confused? 🤔
Here is a must-read thread for you 🧵👇
Please keep in mind that the examples used in this thread are solely for the purpose of illustrating how market values stocks, and no stock recommendations are being made here.
Now, let's discuss Aditya Birla Fashion and Trent. 👇
Oct 6, 2023 • 6 tweets • 1 min read
Termites ate cash worth ₹18 L 😱
A woman in UP kept ₹18 lakh in her bank locker, saved for her daughter's wedding.
When she checked, the money had turned to dust, consumed by termites.
Will she get back her money? 🤔
Simply put- NO!
The RBI advises customers to use lockers for keeping valuable items like documents and jewelry but not
cash.
Nov 24, 2022 • 8 tweets • 3 min read
Hospital chain with an industry-high operating margin of 30%
🏥 𝗞𝗜𝗠𝗦
A thread on why we do not recommend the stock ⤵️
Krishna Institute of Medical Sciences (KIMS) is a multispeciality hospital chain dealing in cardiology, oncology, neurology, etc.
India's market leader in auto motors, gears and a bet on the rise of EVs globally
A thread on why we still did not recommend the stock ⤵️
Sona Comstar is an auto ancillary company that supplies gears and motors to auto companies in India, North America, Europe, China, etc.
When you receive your salary, decide your savings target and withdraw the rest in cash. Store this cash in separate envelopes marked with different heads of expenses.
All you need to know about Senior Citizens Saving Scheme" (SCSS) 👴⛱️
- Min & Max Deposit
- Interest Rate
- Tax Benefits
- Eligibility Criteria
- Maturity Period
- Withdrawals
A Thread 🧵
◉ SCSS is a government-backed retirement savings plan.
The scheme allows eligible investors to invest a lump sum amount of money and offer a regular income to the investor post retirement as well as decent tax benefits.
A good credit score can expedite your loan acquisition process and afford you lower interest rates.
A credit score of 750 is considered ideal, and possessing this score or higher can get you the aforementioned benefits.
Jul 26, 2022 • 8 tweets • 2 min read
5⃣ Smartest things to do with your Bonus?😎
- 30% - Investments
- 20% - Paying off debts
- 10% - Invest in yourself
- 30% - Rainy Day
- 10% - Treat yourself
Let's understand each of these points in detail⤵️
Most people tend to blow up their bonuses on shopping & travelling.
While you are entitled to your share of fun, seriously look at your bonus money to contribute something useful towards your future self & ripe the benefits of capital appreciation. #investing
Jul 18, 2022 • 25 tweets • 4 min read
Avoiding these 10 common Income Tax Return (ITR) filing mistakes can help you save lakhs!! 💰
A detailed thread 👇
#tax#investing
1⃣ Missing The Due Date For Filing Returns
File your tax before due date to avoid these penalties
- A late filing fee of up to Rs. 10,000
- A penal interest rate of 1% per month will be charged on any unpaid taxes
- Delay in receiving a refund on any excess tax paid
Jul 16, 2022 • 6 tweets • 1 min read
Things to Consider Before Choosing an Insurance Plan 📜
A Thread! 🧵
#insurance
Third-party insurance is compulsory in India, but you can buy comprehensive car insurance. It covers much more than accident and theft damage.
Hence, we suggest going through the available plans at your disposal before selecting one.
Jul 15, 2022 • 11 tweets • 2 min read
8 Key Factors to compare while selecting a Mutual fund 🔎
Before investing in any fund, you must first identify your goals for the investment. For long term goals like goals which have a horizon more than 5 years, one can take equity exposure but for short & medium term goals, you should stick to debt plans
#business#stockstowatch
Tax credit is the sum that allows certain assessees to offset their taxes Rupee by Rupee, thereby reducing the overall local, state or federal tax liability.
Read this thread to find out 👇
The insurance regulator IRDAI has introduced the New Car Insurance Plan, where insurance premium will be based on your usage & driving behavior.
In bull market, it may seem unwise to diversify your portfolio, when you are seeing some segment of the market is performing exceptionally well, but one gets the importance when the tide of the sector goes out and the prices start tumbling.
• Kunal Shah
• Rajan Anandan
• Anupam Mittal
• Kunal Bahl
• Ramakant Sharma
But why is it called Angel Investing?
Let's Find Out ⤵
The term comes from the days when big theatres in the USA used to get monetary help from wealthy individuals to run the theatres and their operations.
