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@marketfunda
:
Get Best Offers, Deals, Freebies & Coupons Online for top online shopping websites in India. Save money with Discount Vouchers and Promo Codes
@SuperSaverSales
@marketfunda
:
Following are common habits that make you poor.
1. Save your money in fixed deposits for long term
2. Mix insurance and Investments.
3. Pay only minimum balance due on credit cards.
4. Buy top end phones, cars, gadgets, clothes, jewellery to show off.
5. Life your life on credit and have a monthly affair with EMIs.
6. Eat out as often and at expensive places.
I have seen people with very modest background create enormous wealth due to sheer discipline and commitment towards their finan
@marketfunda
:
Nice lines on Investment education from the book - "13 steps to bloody good wealth".
There are three types of investors:
1. Those who don't know anything - 10%.
2. Those who know a little - 10%.
3. Those who don't know that they don't know anything - 80%.
@marketfunda
:
*Meaning of VIX*
# India VIX is the pet name for the India Volatility Index, an index disseminated by the NSE. It measures the degree of volatility or fluctuation that active traders expect in the Nifty50 over the next 30 days.
# The India VIX is a good indicator of whether participants in stocks are feeling fearful or complacent about the near future.
# One way to understand the VIX is that it represents the expected annualised change in the Nifty50 over the next 30 days. To simplify, a VI
@marketfunda
:
Points to remember
1) Equity beats inflation and provides superior return over other asset classes in the long run.
2) Good years are more than bad years. Based on the past we can say 70% of the time it is good years.
3) Not possible to time the market. Need to stay invested through both good and bad years to reap the long term return.
4) 10% correction once a year is a normal. Should not be surprised whenever it occurs. Only non occurrence should be a surprise.
5) 20% correction once in f
@marketfunda
:
*एकदम technical बात*
*धोखे से कमाये हुए धन को पूण्य के काम मे लगाओगे तो पूण्य उसे ही मिलेगा जिसे तूमने धोखा दिया है।* 🤔
*गहरी_सोच*
@marketfunda
:
In cricket, when Kapil Dev scored 175 runs on 08/06/1983, everybody was of an opinion that it is a lifetime achievement and perhaps will not be broken.
But look at history.
Saurav Ganguly scored 183 runs on 26/05/1999
Sachin Tendulkar scored 186 runs on 08/11/1999 and again beat his own record by accomplishing 200 runs on 24/02/2010. Unbelievable isn’t it??
Virendra Sehwag scored 219 runs on 08/12/2011 and Rohit Sharma notched 264 runs on 13/11/2014
Hence there is nothing like a lifetime hi
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