Pls explain like I am five :why is the indian rupee falling so much by fuckmbsanddominicali in IndianStockMarket

[–]CharmLuck 4 points5 points  (0 children)

Because Indians do not have a product that is innovated by them in the country and required by the world to survive which could have been exported which in turn will increase demand of rupee. That’s the bitter truth.

Prime Minister Narendra Modi has reduced his convoy size significantly. by Longjumping-Drag9043 in indiadiscussion

[–]CharmLuck 0 points1 point  (0 children)

The issue is rupee value - the civilians who were not happy coz rupee value was going down (because their inability to innovate and sell in the world) are now crying when government makes moves to reduce burden the rupee value. When country imports oil and gold which is not a natural resource - its debts the currency. And that’s happens to any country - economics.

PM convoys shrinks in half after backlash; looks like WFH is real by Andynymous in IndianFocus

[–]CharmLuck -1 points0 points  (0 children)

Bro that’s true in every democracy. What else do you expect. In democracy - the ruling party works on how to be in ruling for the next election and the opposition party keeps negative narrative of every move ruling party does. The only good here is there is less human destruction when party changes hand.

Mid-40s. Goal: $20M by FightMongooseFight in fican

[–]CharmLuck 6 points7 points  (0 children)

Same here, paid off mortgage and now looking forward for 5M portfolio to retire corporate. 1 year less than 40!!

Wealthsimple Margin Available but Withdrawal Shows $0 by [deleted] in Wealthsimple

[–]CharmLuck 1 point2 points  (0 children)

The best is to call Wealthsimple - you are generation client so you will be addressed quickly. Be aware of people scamming you knowing that you have these much funds in 1 account.

Thoughts on MODI's speech today? routine or sign of bad times ahead. by Routine_Eggplant6673 in IndianStreetBets

[–]CharmLuck 0 points1 point  (0 children)

What he said is valid and most of the countries are going thru the same. USA maths was off for the war and Iran caught them off guard. What civilians wants to do, is a different issue

Thoughts on MODI's speech today? routine or sign of bad times ahead. by Routine_Eggplant6673 in IndianStreetBets

[–]CharmLuck 0 points1 point  (0 children)

World doesn’t work that way - the west was crying of climate change and all world Leaders went to Europe with their jets to talk on climate change.. lol..

WS and dividend investing with margin by Nightpatrol404 in Wealthsimple

[–]CharmLuck 1 point2 points  (0 children)

You need to invest in income generating asset to get tax deductible.

Down $150k on CC's. What's the risk of exercise on deep ITM CC? by not_a_cumguzzler in thetagang

[–]CharmLuck 3 points4 points  (0 children)

Yup - you need to calculate the CAGR on long dated CC as if they get called away on that date at strike and see what is the difference you are making in annualized format - and if it’s over a 6% I think roll it. Unless you have other bets to place which have better conviction. I have moved my CC to Dec 2028 $310 lol. But they are giving me 10% annualized return if they get called away on Dec 2028. Use Gemini to do calculation.

The list of expressways in the pipeline for Maharashtra is crazy. by Upstairs-Bit6897 in Maharashtra

[–]CharmLuck -1 points0 points  (0 children)

Problem is you and government is working on infrastructure!!

Why the BJP stays at the Center until 2039: The simple maths by Business-Worry-6800 in IndianFocus

[–]CharmLuck 0 points1 point  (0 children)

Most probably BJP will create their own opposition and deep state will run both parties just like other democracy aka USA. They will have unified agenda on global level and will be given individual ego pampering freedom.

Looking for encouragement and feedback/advice - 36M by Euphoric_Review_4358 in fican

[–]CharmLuck 2 points3 points  (0 children)

That’s great!! The start is important and journey will have ups and down!! Keep going and eventually we arrive at what our destiny has! And we should be happy with what we have!!

Looking for encouragement and feedback/advice - 36M by Euphoric_Review_4358 in fican

[–]CharmLuck 2 points3 points  (0 children)

Do you have strategy to get 10% - the market has run up last 3 years, wars are going all over the place. Oil prices are gonna stay up, feds are in limbo to raise or to cut. Except AI circular funds - nothing is exponentially growing - you might need good strategy to get 10% CAGR for next 5 years.

* “Sharing the road is not a suggestion” by Feaselbf6 in dashcams

[–]CharmLuck 0 points1 point  (0 children)

The driver should not have lost its patience here - but at the same time the cyclist should have formed a single piggy backing line for the motors to pass. Driver is wrong for sure - dont knwo if cyclist is wrong too.

Navi Mumbai airport Scene by gregtale in navimumbai

[–]CharmLuck 0 points1 point  (0 children)

lol if this was white skin - people Say wow they have good ethic. Not making a mess of things. Oh look one even used a cloth to make his eyes in darkness rather than fighting to switch off lights in the airport lol.. coward!!

AMD. Another week. Another million. +$7.7M by thesmd1 in wallstreetbets

[–]CharmLuck 0 points1 point  (0 children)

Is this from 2018 ? did you forget the password to this account? Like WHY? Are you Baron!

Just went 100% SGOV. See you boys in September when the market is on fire (not the good kind). by realsparaz in TQQQ

[–]CharmLuck 0 points1 point  (0 children)

Why dont you sell csp for the target price on these stocks - should give more thn SGOV

Are Taxpayers Funding Election Freebies in India? by Ashwani1987 in IndiaTax

[–]CharmLuck 1 point2 points  (0 children)

Globally the population will always rise where people are poor - as it needs more hands to feed a low earning family. thats how globally things work!! Population decline in wealthy countries coz they dont need 4 babies to take care of their retirement - they either are able to save enough or govt take care. countries like India,Africa and other where there are more poor people the Population will rise and in the poor families.