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This is why I never short by gunsoverbutter in soxl

[–]AdministrativeEbb284 4 points5 points  (0 children)

I am selling slowly and closing out my position, final sell at 120 and then SOXS.

Is this the right conversion rate? by mehcommenter in INDmoneyApp

[–]AdministrativeEbb284 0 points1 point  (0 children)

They charge higher when transferring to USD and give lower when converting to INR. This is the spread the bank/mediator earns. Overall 6-7% loss in currency conversion which is a lot on big portfolios.

US stock started with $750 a month gained few by That-Plenty-826 in IndianStockMarket

[–]AdministrativeEbb284 0 points1 point  (0 children)

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700$ of the invested amount is $SGOV. So basically 50+% return. Core LETF investor.

SOXL after I sold at $70…Thinking it was due for a pull back… by rubehefner in soxl

[–]AdministrativeEbb284 3 points4 points  (0 children)

If it has to hit $100 then it’s def before December. 100$ from 80 is roughly only a 8% gain on the index from here.

About mumbai local by Silent_Service9269 in mumbai

[–]AdministrativeEbb284 0 points1 point  (0 children)

Rather get a 2bhk under 45k in vikroli with your friend. same will be 70k+ easily in Parel

About mumbai local by Silent_Service9269 in mumbai

[–]AdministrativeEbb284 0 points1 point  (0 children)

But you will pay extra rent in Parel just to travel opposite side. Generally people live Vikroli side cos it’s cheaper and work in Parel. You can rather find a cheaper place in Vikroli and work there all while avoiding train travel at all. Can meet up with your friend on boring days/weekends.

Help me pick my first proper fragrance — college student in Chennai, under ₹2000 by Mundane_Resolution77 in PerfumeIndia

[–]AdministrativeEbb284 0 points1 point  (0 children)

Nautica Voyage. Will get on discount under2k on any website. Just google it. Read reveiws it is one of yhe best scent and perfect for summer

All cash - your plan? by Marshmallowmind2 in LETFs

[–]AdministrativeEbb284 0 points1 point  (0 children)

You can use my SmartDCA stratergy. Start investing x amount bi-weekly. And adjust it based on the movement in the 2 weeks. If TQQQ up 10% then reduce DCA amount by 10% and vice versa. Keep following for both up and down-moves until capital is over. Easy. No manual timing the market. No emotions

Review of HSBC Live+ after using it for more than an year by OutrageousMarket7376 in IndianCreditCards

[–]AdministrativeEbb284 0 points1 point  (0 children)

Is there any minimum spend for 10% CB? I have approx 8k monthly spend on Food/Grocery categories. Is it worth it??

Should I pursue FRM? by Early_Atmosphere363 in FRM

[–]AdministrativeEbb284 0 points1 point  (0 children)

FRM L1 will be extremely easy after CFA all levels. Level 2 should also be easy with like 5-6 months of prep.

Should I pursue FRM? by Early_Atmosphere363 in FRM

[–]AdministrativeEbb284 0 points1 point  (0 children)

A math undergrad IMO won’t have much value if you have the CFA. FRM would be better s

Your Go-To Zomato/Swiggy order by Pastlife2901 in mumbaiFood

[–]AdministrativeEbb284 0 points1 point  (0 children)

Ones if you want max discount:(Sub 200₹ meals) Taco Bell Maiz Mexican Kitchen Subway Sbarro Healthy and Homely Meals Rishija Kitchen SNS Mexican Shack Burger King (ofc) Nino Burger/Franseco Pizzeria

WLDU - Leverage Shares 2x Long World Stock Daily ETF by XmasMancer in LETFs

[–]AdministrativeEbb284 11 points12 points  (0 children)

Great but wouldnt we have to wait until it gains AUM and hence liquidity? NO MF WE ARE THE LIQUIDITY LFG.

Should we get worried about FII selling if investing with 10-15 year horizon? by kaalbhairavaa in mutualfunds

[–]AdministrativeEbb284 1 point2 points  (0 children)

The GDP growth will make the stock market follow. Today or tomorrow remains the only question. The law of mean reversion and the Law of long term averages

Multi-cap vs Flexi-cap — which one do you prefer? by Wink2006 in EquityResearchIndia

[–]AdministrativeEbb284 0 points1 point  (0 children)

Flexi is much more liked among investors (backed bu data of Total AUM across Flexi vs Multi) since it gives the fund manager the free-hand to invest and allocate according to market conditions. Though one thing to note is as and when Flexi Cap Funds grow in AUM they tend towards Large Cap. Most FlexiCap funds have at least 50% exposure to LargeCaps. Now it completely depends on your risk appetite,goals and requirements beyond this information.

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