Here to learn & share my thoughts / retweets on random topics ! Spiritual . Like : Reading, Markets, Photography, Nature ,Painting, Fine Arts,Writing threads...
1/n
Began tweeting actively this March & this came as a pleasant surprise to me .
Thank you so much everyone for 5k! ๐๐
I have varied interests & my threads are on random topics .
Consolidating a few that I think are worthy to make the list.
A THREAD OF THREADS ๐๐
Been 20+years of mom passing away.
Can no longer remember her voice or how her food tasted.
Have some memories of her but they too seem to be fast fading...
Few photographs of old times are all that I have now.
This is exactly what I dreaded.
Grief comes in waves.... ๐
Me: Dad share some gyaan. You've completed 45 years in Markets now !
Dad: It's Luck majorly. Am still a student - a learner.
Me opens Twitter :18 year olds dishing out wisdom on market cycles & a year old investor talking about how L.T investing is easy ! ๐คจ๐คท๐ปโโ๏ธ
@dmuthuk
1/6
FINANCIAL INDEPENDENCE IS POSSIBLE .
Dad took 22 years to become
#FI
despite having many expenses & very less salary back then.
I wish to share a few points of his journey.
It's all pure common sense & nothing extra ordinary .
If HE can , WE all can :))
Read on ....
Gran turned 91 years young ! ๐ฅณ
A true Mumbaikar since 77yrs whoโฅ๏ธ Vada pav,cutting chai & cooking for all of us even now !
Someone who learnt English by reading the newspaper with a dictionary , loves Sudoku & who exemplifies integrity & fairness.
She's my true rockstar !
1/ 20
A honest thread on my journey on
#investing
so far .
Like all, I too hope to become Financially Independent someday. Sharing a few pointers ( mistakes and learnings mostly ) here , may be of use to a few youngsters . ๐
+
@dmuthuk
@Vivek_Investor
1/13
The
#COVIDSecondWave
is real .
Being prepared helps a little.
As someone who is recovering from Covid, sharing some basic points on
#COVID19
.
Pls share if useful . ๐๐
(P.S - I have cross verified with doctors prior to posting this in public domain )
1/22
I first read this book in 2009 after losing 80% of my monies on Penny stocks as a student when the 2008 drawdown happened.
Thought it was too simple !
Now in 2021, I think this is one of the best books to absorb & implement.
A ๐งต
#BookTwitter
#BookRecommendations
1/10
*OWNING A HOUSE *
Having a self owned home is a dream come true for the majority of us . We still equate it with prosperity & being settled .
But with the alarming cost of reality (especially in Metro's) when does this make sense?
My viewpoint on the same.
+
#Invest
wisely in yourself :
* Read
* Journal
* Exercise
* Reflect often
* Love yourself
* Laugh heartily
* Avoid comparison
* Practice Gratitude
* Make peace often
* Practise Mindfulness
* Have a learner's mindset
* Keep a small trustworthy โญ of friends
#SelfCareSunday
1/8
Dad told me about how his just retired friend's 25 year old insisted on liquidating F.D's worth a sizeable amt ( kept for EMERGENCY ) today as the son KNEW he could EARN SO MUCH MORE from markets in JUST a month ! ๐คฆ
A thread on the same for NEWBIES.
1/17
IKIGAI : A reason for BEING .
I have structured the essential bits & pieces of the book in a flow for easy understanding + compiled some handwritten notes.
As always these are just MY TAKEAWAYS from the book :))
#ikigai
#BookReview
#BookRecommendation
1/25
Some books within minutes , force you to ditch the e-version of kindle & buy the hard copy instead !๐
The Joys of Compounding is one such ๐
Content ( Curation + Creation ) at its finest !
Compressed JUST A FEW takeaways in this ๐งต
#BookTwitter
#BookRecommendation
Most people who retire in 30's have :
*Inheritance
*Working parents
*Working Spouse
*Family business
*80-100% of their salary was invested
Not possible for 99.99% of us !
So let's work on our financial independence journey in the best way possible to us.๐
#FinancialFreedom
Got hit by a speeding tennis ball today in the garden .
College student runs up , apologizes : " Sorry Aunty.( Ouch )
Pls don't mind Aunty. " (Ouch again)
Don't know what hurt more ! ๐
My bruised hand or my bruised ego !๐ฌ๐คท
#SelfThoo
#TerribleThirties
1/6
Here's my list of
#BooksToRead
for
#investors
. It is NOT an exhaustive list ,for there is NO END TO LEARNING.
I have tried to incorporate different learning aspects of
#investing
here .
Hope it helps someone! ๐๐
@dmuthuk
Sir tagging you for greater reach .
#PersonalFinance
Goals For New Financial Year 21-22 :
* Proper tax planning from Day 1 & not on Day 365
* SIP each month
* Topping up Emergency Funds
* Comprehensive Insurance Policy
* Learning to think Independently
* Balance between Spending & Saving
* Invest in yourself
#Gardening
is totally under rated.
It teaches us
*Patience
*Persistence
*To do what is Necessary only & Nothing most of the time
The joy of watching our sapling blossom into a beautiful flowering plant thereafter is quite something!
Ditto if
#investing
Long Term ๐
Normally, it takes min 4-5 years to build up a decently well diversified portfolio to start seeing returns.
Post that even after averaging up portfolio drawdowns happen from ATH.
The entire portfolio doesn't turn negative!
If you don't understand this stick to Index funds.
If invested correctly , Compounding works beautifully in the long run.
Here is a live example of how my dad (who came from a humble background ) did it.
Thanks
@larissafernand
for reaching out to us !! :))
#compounding
#FinancialIndependence
1/ 22
By far the best book I have read in a long long time.
One can simply begin from any page,for each note makes so much sense that we get lost in them , sometimes chuckling & often amazed .
Here are MY learnings from
" A Book of Simple Living" by Ruskin Bond.
Privileged folks talking about saving 50%+ of income , FIRE at 30 ( all thanks to inheritance, support from family & LUCK ),following your passion,doing SIP for newborn child..
Have no idea how fortunate & blessed they are & that the world for 99.99% of us folks is different.๐คท๐ปโโ๏ธ
Over-thinking ruins your mental health. It just makes everything worse than it actually is. ๐คท๐ปโโ๏ธ
Remember, no amount of regret can change the past & no amount of worrying can change the future.
So LET GO often & simply LIVE in the PRESENT !
#OverThinking
#SelfcareSunday
Twitter family ,
My first Investment Guru ( aka Dad ) completes 70 today ! ๐ฅณ
Decided to cook a small Sadhya lunch at home as Thanksgiving .
Life has been difficult , but couldn't be more grateful today for all that we have, especially a sound mind and body . ๐๐
For most of us small retailers,
Monthly SIP is the best way to achieve Financial Independence.
Start - SIP consistently - Increase SIP amount consistently.
That's all that is needed !!
Meanwhile focus on career. Earn well & enjoy life.
#investing
#MondayMotivation
The more I read about Ashneer Grover & Vijay Shekar Sharma and their (un)doings , the more I am convinced ,
"Degrees , Money or Fame doesn't bring Class.
ONLY Character & Integrity do."
#LifeLessons
#NoteToSelf
1/30
#BookRecommendation
#BookSummary
#Investing
A book that must be read by all direct equity investors but will be appreciated & understood by a few, that too only after witnessing an entire cycle play out in markets.
Few of my takeaways from this ๐ by Howard Marks.
๐๐ฝ
Speaking English fluently
- Over rated
Being able to communicate in different languages - Under rated
The ability to keep our mouth shut when required - Priceless !! ๐ค
#RandomThoughts
Gentle Reminder ๐
There is no Self made man. However hard this may be to digest , we owe a lot of our success to Luck as well.
True for
#Life
.
True for
#Investing
.
What is the one ugly truth you learnt about life as you got older?
2 from my side.
1) I learnt that life in general is very unfair even if one is a good person.
2) Those who have a functional loving family have no idea how lucky they are and don't value it.
#LifeLessons
Gentle Reminder
English is JUST a language .
A tool used for communication.
It's NOT a certificate of intelligence.
STOP disrespecting people JUST BECAUSE THEY CANNOT SPEAK FLAWLESS ENGLISH !! ๐
Instead appreciate that they are trying their best !!
#EnglishLanguage
When I began investing, I panicked during 2008 crash & exited with 60%loss. My capital invested was hardly anything but the lessons I learnt were priceless !!!
Post that I have always tried to be calm & used such dips to my advantage.
Experience is indeed the best teacher ๐
6/6
* Live life but don't live to impress others. Automatically spending reduces .
* Patience is needed.
It's just like
@dmuthuk
sir reminds us daily. ๐
The best time to begin is NOW.
Wishing you all the best !
#investing
#FinancialIndependence
Today, the World celebrates
#Fibonacci
day.
"Fibonacci sequence is nature's code. It is in everything from flowers to storm systems to the shape of galaxies"- they said, crediting Mr. Fibonacci for this "discovery"
Yet, they failed to acknowledge their very source. Thread (1)
Dad has been in markets since 40+ years now.
3 things he reminds me often.
๐ธDon't try to bottom fish however "certain" things seem
๐ธCap the downside first before calculating returns : Leverage & Concentration can blow up one's entire capital
๐ธDon't make Investing your life
1/21
Good books are a smooth read.
The great ones aren't.
Why so? ๐ค
They force you to pause,to reflect & think hard.
They make you question yourself.
Sharing few of my takeaways from one such exceptional book of 2021.
Thank you
@naval
&
@EricJorgenson
for this ! :))
A ๐งต
1/20
MY TAKEAWAYS FROM ATOMIC HABITS by
@JamesClear
A spectacular book that focuses on building HABITS following SYSTEMS to achieve RESULTS - Instead of the traditional GOAL BASED approach.
It's a highly engaging read with plenty of practical examples .
#BookRecommendation
@GabbbarSingh
Retirement is tough if one doesn't have a social circle or a purpose in life.
My 74 yr father is more busy post his retirement with his college lectures, workshops, senior citizen outings & helping the community.
One needs to keep self busy for the mind & body to stay active.
1/28
The Courage To Be Disliked is an extremely logic oriented look at happiness and life.
Snippets of it may sound patronising at times but it leaves you with more questions than answers - It forces you to think!๐
Some takeaways via a ๐งต..
#BookTwitter
#BookRecommendation
Small cap Mutual Funds are not meant for SIP over long periods.(Excel sheets may mislead)
These are highly cyclical & are meant mostly for lumpsum investments or SIP in small phases.
Seeing many rush to begin LT SIP in Small caps now. Could backfire spectacularly.
#Investing
Hello everyone! ๐
Happy to be featured by
@investeek
on the occasion of
#InternationalWomensDay
Just shared some insights about my approach to investing .
Hoping this might help someone new to the world of Investing in their journey . ๐๐
Everyone must have basic knowledge of :
*Law
*Cooking
*First Aid ( Includes CPR )
*Self Defence
*Personal Finance ( Includes Taxation)
Immaterial of Gender / Profession .
Let's not wait for a crisis to learn things the hard way.
#LifeLessons
#Skillsets
My mantra since a long time:
During Bears : Focus on โฌ๏ธCapital Allocation
During Bulls : Focus on Capital Protection & book some profits to move to other Assets / Enjoy life
For SIP : Continue always.
Try to double up SIP during lows.
Nothing fancy , but works for me.
1/14
* Some practical tips on
#PersonalFinance
&
#Investment
*
Met someone who lost heavily in markets( sizeable amt) which makes me write this thread .
DISCLAIMER : There are exceptions always.However the chances of us being in that exception is rare !๐คท Hence the thread.
2/2
I purchased a couple of kilos & silently gave it to her.
She broke down, thanked me & left.
How fortunate are those of us who don't need to think so much before purchasing essential vegetables!
Folks when possible do help others.
Charity with dignity is much needed!๐
Covid has taken away so much from so many.
If you're amongst the lucky ones who still have their family elders with them, pls spend some time with them.๐
Everything else can wait !
Aged 93,91,74,71 & 65 there were some amazing stories shared amidst all the laughter today !๐
36yr old .
No of Mutual Funds : 16
Capital : 2 lakhs total
Reason : Diversification !!!! ๐
Knowledge Source : Social Media
Pls DO NOT make financial decisions based on " advice given in Social Media " . ๐
Better stick to INDEX FUNDS / Go to registered advisor .
#investing
#BookRecommendations
to become better in Life :
* IKIGAI
* A BOOK OF SIMPLE LIVING
* ATOMIC HABITS
* THE PSYCHOLOGY OF MONEY
* TUESDAYS WITH MORRIE
* 80/20 YOUR LIFE
* ZEN & THE ART OF HAPPINESS
I have also written my takeaways from these books (In pinned tweet.)
#books
1/5
* How to
#Focus
*
Few young adults asked me ways to improve focus.
Sharing what I follow.
To begin with :
* Turn off all gadgets
* Sit in a room & read hard copies of books / newspapers
* Primarily try to focus & absorb the content
* Read aloud if necessary
Most relationships are transactional.
People will associate as long as you are useful to them.
Also , people will forget the 99 things you did for them but will remember that 1 thing you couldn't / didn't do for them !
It is what it is.
Accept it and move on...
#NoteToSelf
Remember what happened in March '20 around this time ?
And look at where we are today !
Sensex at 50k & looking poised for a great decade ahead !!
Moral: No one can predict the future .
Invest sensibly . Stay the course . Have faith & be rewarded .
@dmuthuk
#investing
Walking is the best therapy ! :))
Walk away from
* Drama
* Gambling
* Negativity
* Toxic People
* Processed Food
* Unnecessary Debt
* Unwanted Arguments
* An Unfavorable Environment
* Things / People who don't value you & your time .
#SelfCareSaturday
#LifeMadeEasyForYou
Signing off 2022 on an artsy note !!
Around 9 hours of focus & labour went into this Mandala artwork.
But I am happy with the result !
So yay ! ๐๐
#MandalaArt
1/15
#LetsTalkMoney
by
@monikahalan
is all about US understanding OUR Needs & Wants, & constructing OUR Money Box.
It helps BUILD a system in place , rather than focusing on a (non existent ) single shot solution.
MUST READ FOR ALL !
#BookRecommendation
A ๐งต on it .
๐
Want to develop your personality ?
Get out there. Mingle !
Meet people from different backgrounds & age groups, ethnic races & nationalities.
Learn about their life stories , share your failures , your fears , your triumphs ...
Reading countless books is a waste of time !
Follow this for a month atleast & observe the improvement in self.
Reading
Walking
Journalling
Ample Water
Deep Breathing
Morning Sunlight
Fixed Sleep Pattern
Light & Early Dinner
Minimal Sugar & Junk food
Monitored Social Media Usage
Being Mindful in Each Activity
#selfcare
Pls share your MUST WATCH
#movies
( Language no bar )
Sharing a few of my favourites :))
* Life is Beautiful (English)
* Kumblangi Nights (Malyalam)
* Tumbbad (Hindi)
* Children of Heaven (Persian)
* Anbe Sivam (Tamil)
* Natsamrat ( Marathi )
* Rangi Taranga (Kannada)
1/12
Seeing way too many folks advocating
teaching "finance" & "compounding" over "lifeskills" to kids.
Stating it is a must to survive as adults.
I hail from a financially literate family &
here is why this is a bad thought process to implement.
An honest ๐งต
*Recently married friend ( 35days) is now a widow.
Her in law's are serious. (Only 1 dose of vaccine over)
*Another friend infected his family. He recovered,but his grandma died & mom's serious.
THE SECOND WAVE IS REAL.
PLEASE
#MaskUp
UNTIL & EVEN POST
#VACCINATION
!! ๐
Reached a phase in life wherein I find most people to be repulsive.
People showing off their (debt financed) wealth.... their achievements ... their perfect lives ....
Hardly anyone is genuine anymore. ๐ซค
It's exhausting.
@ParveenKaswan
The Signature spider also known as Garden spider . It builds its web close to the ground to catch small insects like bees and wasps .It can eat insects twice its size. This spider's web is almost invisible except for the Zig Zag stripes known as the Stabilimentum.
Just back home from a jog.
99%of the tweens,teens & young adults in the garden were sitting with their cellphones out.
All had paunches! ๐
Folks pls GET OFF YOUR CELLPHONES & Exercise !
You're inviting huge health issues by the time you reach 30 if you continue this way!๐๐คท๐ปโโ๏ธ
#Investments
with rich returns :
Reading
Sound Sleep
Healthy Lifestyle
Regular Exercise
Developing Skillsets
Quality time with Family
Few trustworthy Friends
Learning to Laugh at Self
Saving sensibly for a rainy day
Practising Simple Living ,High Thinking.
#SelfCareSaturday
1/5
Some pointers on
#PersonalFinance
1) Highly
#subjective
- depends on earnings,savings & lifestyle. Don't clone approach . Take professional help, if needed.
2)Focus primarily on
#skillsets
in early years.Automatically
#earnings
increase. Big salary ,bigger savings.
Common reply to few DM.
I don't just invest in Equity directly.
I also SIP consistently in
* ELSS
* 1 Gold ETF
* 1 Index Fund
* 1 Flexi Cap Fund
* Some SGB at times
I don't understand Digital Gold / Crypto yet.
Not fond of Bullion / Gold Jewellery.
Stick to what you know!
Gentle Reminder ๐
Been there, experienced it.
โThe greatest trick the market plays on beginners is making you think luck is skill.
It waits for you to double or triple down on your next bet & then it teaches you your first lesson.โ
-
@iancassel
#investing
1/2
Today I watched a middle-aged lady plead the vendor to atleast give her some squished tomatoes at โน 60 / kg.
He was selling it for โน 90 / kg.
Her brows creased into a worrisome look when he instantaneously refused.
As she stood there contemplating ...
99% of our problems arise from expectations and dependancy on others.
Be fiercely independent . Keep your head down . Do your work . Expect nothing from anyone , including money and respect.
It shall solve most of our problems.
#LifeLessons
#FinancialFreedom
means having the ability to choose the best use for your time.
It doesn't mean early retirement!
My dad got FI around 2000.
Still works at 72 to keep his mind & body sharp & loves it!
Find your Ikigai & pursue it sincerely.
Don't waste your life doing nothing.
1/14
* HOW TO BECOME RICH THIS DIWALI ๐ค *
With Diwali around the corner along with our economy rebounding , only fair that we be bombarded with "PATAKA STOCKS" by EXPERTS from Indore to the enthusiastic newbie who made 30% returns on his portfolio ( of โน10,000) in 1 week ๐
Being salaried + investing sensibly + beginning early + consistency is the best possible combination to attain FI .
The journey is less stressful , we get enough time to devote to other things & don't just keep looking at our portfolio.
Live life !๐
#FinancialIndependence
@dmuthuk
I wish the newbies realise this .
Many earned money on junk stocks & feel they are masters of market .
In reality 12-15% CAGR would be more realistic.
Ideal to use this windfall money to clear off debts , buy proper insurance & as seed money for quality investing.
THE UGLY TRUTH! ๐
Imagine even a small handle like me being asked to promote a few stocks in lieu of commission.๐คท
Retailers , our goal is to ensure OUR Financial Independence .Not of the BROKER / TIPS PROVIDER .
Don't buy based on Recommendations!
TAKE PROFESSIONAL HELP!
๐ฏ๐ฏ
We ALL are replaceable in today's world at our workplace .
Focus should be on building Skillsets & The right Attitude at Work .
Meanwhile the MAIN priority should be to Learn , Earn more , Save more , Avoid Depreciating Assets & Invest sensibly to build a good corpus.
@dmuthuk
Had been to a small village in past 3 days. The people there are aware of Corona and told me to wash my hands and feet with water and soap before entering and asked my travel history . I was shocked but so happy ! Also govt poster's in regional language was stuck. Very happy :)
Refined sugar is a silent killer.
So I decided to stop it's consumption .
Day 3 and so far so good ! :)) ๐ค
Has anyone been off sugar completely ?
Pls do share your experience / tips on how to go about it . ๐๐
A thread on "WHY DO WE LIGHT A LAMP"
1/n
เคถเฅเคญเค เคเคฐเฅเคคเคฟ เคเคฒเฅเคฏเคพเคฃเค เคเคฐเฅเคเฅเคฏเค เคงเคจเคธเคเคชเคฆเค เฅค
เคถเคคเฅเคฐเฅเคฌเฅเคฆเฅเคงเคฟ เคตเคฟเคจเคพเคถเคพเคฏ เคฆเฅเคชเคเฅเคฏเฅเคคเคฟเคจเคฎเฅเคฝเคธเฅเคคเฅ เคคเฅ เฅฅ
@dmuthuk
True :))
When I lowered my expectations, I found my returns were way more in the LT.
It ensured that I did nothing stupid like chasing ๐ฅ stocks in the quest to earn 25%returns & instead focused on โฌ๏ธCapital Invested steadily.
Or in the words of Charlie Munger
๐
20/20
Don't be obsessed with markets . Enjoy the simple pleasures of life as well, for we don't know how many days we have left ๐
I hope this honest thread helps someone.
Good luck with your investing journey & do take this thread with a pinch of salt ! ๐
@RichifyMeClub
1/19
One of the first books I read on investing in 2009 was this ๐of a book on Warren Buffett called
HOW BUFFETT DOES IT - 24 SIMPLE INVESTING STRATEGIES.
A great read for investors, given current stock market conditions.
A ๐งต
#Investing
#BookSummary
#BookRecommendations
Time for me to learn!! :))
Pls drop in the best quote you have come across & IMPLEMENTED in life .
Mine ๐
" No one can make you feel inferior without your consent. "
- Eleanor Roosevelt
1/18
#BookRecommendation
#BookTwitter
#DecisionMaking
How To Decide by Annie Duke.
A brilliant no frills book that offers a framework for thinking about how to improve your decision making , along with a set of tools that help execute it.
A few of my takeaways from this gem !
#personalfinance
101
*Avoid Debt
*Live below your means
*Focus on โฌ๏ธ Earnings
*Ensure Savings โฌ๏ธ at a higher rate
than Earnings
*Don't live to impress others
*Invest sensibly as per Risk Appetite
*Be Consistent
*In 2 decades you shall build a sizeable corpus
Keep it Simple!
Since many DM,
Yes , dad is FI since long.
No. I am not FI yet but in a good place.(God has been kind) ๐๐
I am building my own corpus & my father is not my ATM.
The same shall be for the next generation.
IMHO, only through hardship does one learn to value & respect money.
1/10
We 80's kids are truly blessed.
Life was simple then !
We used to play until we were screamed at to return home.
We enjoyed our childhood without mobile phones & WIFI by playing a wide variety of games which improved our hand eye coordination,stamina & focus.
#Nostalgia
1/8
Often hear salaried people complaining about volatility being the reason they stay away from markets .
IMHO I feel
#volatility
is not risk . It's actually an opportunity to be capitalised upon sensibly .
( T&C being applicable as always*)
A few pointers on the same.