Founder Tea Leaf Investing 😉 || Value Investor || SEBI unregistered || All views personal || No reco || No BS || Not a Chartist || Fundamentals or nothing ||
It pays to have a contrarion view in the market.
Had bought
#PSU
stocks like
#PNB
#UNIONBANK
#IOC
#IRFC
when they were considered as write offs.
Please listen to everyone and trust no one because frankly no one knows anything.
It's all educated guesses.
@AarihantAaryan
People have never gone to malls to shop.
They have gone there for time pass.
Apart from the food court and some multi brand stores, none of the others have ever done good business.
With joblessness rising the demise of the malls will only expedite.
@dmuthuk
Development for whom?
For the 80cr having free food, or
For the 65% youth who are unemployed
It doesn't matter who is in power at the centre, no govt can provide rozgaari to everyone. So the only thing left are freebies.
@himalyanshaqiri
ATS Knightbrigde is stuck.
The builder is bankrupt.
Most ATS projects are unfinished for many years now.
Nevertheless such projects are sold of to IAS, IPS and bussinessmen to store their black money. That's why the inflated prices.
@AdeParimal
Average salary of an army officer in 1995 was 15000/- which was above the country average.
Not many had the capacity to put in 1 lac and wait for 30 yrs. That too at a time when the Harshad Mehta times were ongoing in the markets and the economy was still in the doldrums.
@chiragbarjatyaa
Despite 80cr being on free food we are the toppers of malnutrition.
This is because most of the "free foodgrains" are rice and aata. No veggies, fruits or dairy products.
People need to stop looking at the 80k sensex and, as you say, go out in the countryside to see the truth.
@darshitpatel84
It should be of no surprise if it's found out that the children of the finance secretary are studying abroad while papa is raising taxes at home.
@sandipsabharwal
Freebies will come at sometime. If not now then 5-10 years from now.
Lots of people and not enough jobs.
As it is 80cr are being fed free food for 5 years.
Expect taxes to go up significantly.
#inheritancetax
@IndiaSportsHub
All the best to Aditi.
Just to correct you, that's every major tournament in golf. And the best of the golfing world do not even come to the Olympics.
@Chellaney
The timing of the Russia visit was also bad.
And now this.
Our in house Chanakya aka
@DrSJaishankar
has actually started believing in the narrative of a so called, "muscular foreign policy".
@ChanderBhatia01
Can't wait that long sir.
India's not becoming developed by 2047 and if per capita becomes 5000 in the next ten years that will be an achievement by any standard which is not expected as it is with the amount of joblessness.
Till that time hight tax rates are here to stay.
@sandipsabharwal
If everyone becomes "rich" after 20-30 years after doing SIPs then who will do the blue collar jobs.
People are just looking at the number without realising what will be the value of that number after a couple of decades.
#mutualfundbubble
@IndianTechGuide
What about the delivery boys?
If small shopkeepers are losing bussiness, on the other side lakhs have gotten employment with swiggy, blinket, zepto, bigbasket and others.
@PiyushGoyal
should first get the FTAs done before trying to destroy the economy like his colleague
@alpha_defense
All twitter warriors here discussing how SF should be equipped.
Don't worry very soon our boys will get to ride on chariots of fire, shooting nuclear tipped arrows at the Pakis.
Amritkaal
@WeekendInvestng
I think it is no longer in doubt that the govt is bankrupt.
With consumption also not picking up and rampant unemployment the govt will have to resort to welfare schemes.
They will tax the middle class till they make us poor too.
Time to leave the country.
@ThetaVegaCap
@dmuthuk
30k every month for 18 years at 14% CAGR you end up with around 3cr.
Acc to you that will be worth 75 lacs in today's money.
A decent flat in NCR today is upwards of 1.5cr.
Malamaal
#Mutualfunds
Lot of chatter for
#PSUBANKS
Personally holding two since 31 and 44.
#PNB
and
#UNIONBANK
respectively.
The big rally should come when the rate cuts start to happen.
@KesariDhwaj
Hulabaloo being spread by armchair experts.
Like all of this was for an island.
The failure to acknowledge that a muscular foreign policy can't be carried out when 80cr of the people are on free food.
The neighbourhood is in shambles, the look east policy is in the drain but
@dmuthuk
Everybody will move out of Gujarat once the power shifts.
As it is announcing an investment to keep someone happy and implementing it are two different things.
Maharashtra, Tamil Nadu, Karnataka, Telengana are not waiting for anyone.
#mutualfunds
#mutualfundbubble
Mutual funds say they will give you a corpus of 3-4 cr at the end of 25-30 years assuming a CAGR of 12-15% if you put in 10-15000/- per month.
Things to consider,
- What is the value of the 3cr after 30 years? I agree it may seem a lot now.
-
Is this something to celebrate? This is collective failure of the MF industry and people like me who should have been successful in warning off people from sector/thematic schemes. A classic bull market excess.
@Akshat_World
There are not enough white collar jobs that can be produced no matter who is in power.
There will be an increase in blue collar jobs because of the capex in infra eg highways,airports,statues etc.
Freebies are stopping the have nots from slitting the throats of the haves.
Lot of chatter for
#PSUBANKS
Personally holding two since 31 and 44.
#PNB
and
#UNIONBANK
respectively.
The big rally should come when the rate cuts start to happen.
@Mohansinha
That tells us there are no jobs.
Expect crime to increase manifold and all the cctvs and policemen won't be able to stop it.
Btw India's population to expected to stabilise at 1.7B.
#TCS
Somebody says good results, somebody says bad results.
Depends upon your motivation
Personally I wouldn't mind IT correcting further since there will be an opportunity to buy bluechip stocks at good valuations.
@datta_arvind
Most of MF managers are always under pressure show exponential quaterly growth in their funds, in order to attract more bakras.
As such their timeline is only short to mid term. 6 months down the line they will again start buying PSUs. Yeh chalta rahega.
Bumper results by PNB
159% surge in net profit at Rs 3,252 crore
NII up 10.2% at Rs 10,476.2 crore vs Rs 9,504.3 crore (YoY)
Net NPA at 0.82% vs 0.77% (QoQ)
Gross NPA at 4.98% vs 5.73% (QoQ)
Shared at 38
Holding patiently for 165 - 220 levels
Keep holding ✅
@CAChirag
09:30 am is a good time
Chai and newspaper
10 am check markets
11 am have brunch
12 more market checking
1 pm after checking people giving gyaan on twitter go for a afternoon siesta
@DivaJain2
Yes but the argument is that if you want it to be on par with developed countries then facilities provided to citizens should also be on par.
@dmuthuk
But Sir,
The money to buy MPs comes to politicians from certain big bussinessmen who in turn get this money from loans given by PSU banks pressurised by politicians.
These banks get this money in form of recapitalistion using taxpayer money.
So do you think it's fair now.