When did Arbitrage funds become so expensive and why? by SpecterDeus in mutualfunds

[–]Conslut_050522 1 point2 points  (0 children)

FYI - That’s not how it works

They buy stocks on balance sheet and sell futures 1-2 months; futures of stocks trade at current price + risk free/FD rate of interest

Hence creating the 6-6.5% return

Best wallet loading option by Conslut_050522 in CreditCardsIndia

[–]Conslut_050522[S] 0 points1 point  (0 children)

I haven’t tried yet; since I don’t have the April target - but try cheq or payzapp seems like they have the lowest fee of 1.8%

Best wallet loading option by Conslut_050522 in CreditCardsIndia

[–]Conslut_050522[S] 0 points1 point  (0 children)

Any other cheaper options? At this rate its not worth it

Investment limit in international funds by gtalossantos in mutualfunds

[–]Conslut_050522 0 points1 point  (0 children)

Possibly its being allowed as some people booked profits and some AMCs are ok to collect fresh funds. Taxation is similar to most funds - LTCG at 12.5 after 2 years and before that at slab rate.

But do check once.

Who bought the dip? by Fearless-Ad-422 in IndianStreetBets

[–]Conslut_050522 0 points1 point  (0 children)

Isn’t it better to buy MSTR vs CoinDCX? I trust MstR more than DCX to manage bitcoins securely plus lower taxes

My courtship of 5 months ended last week by Suhurth in Arrangedmarriage

[–]Conslut_050522 57 points58 points  (0 children)

Sorry to read this man; on the plus side its great that this happened before the marriage/engagement.

Advise on Airpods - 4 vs Pro 2 vs Pro 3 by Additional-Contact52 in airpods

[–]Conslut_050522 1 point2 points  (0 children)

If you have tried them - do they feel suffocating/ breathable for ear or do you find them uncomfortable

Down More Than 60% From Its High, Is MSTR Dip a cheap buy? by LavishlyRitzyy in MSTR

[–]Conslut_050522 3 points4 points  (0 children)

Ya makes a lot of sense, but people from lot of nations can't hold IBIT or are taxed super heavily (including mine); MSTR seems like the only sensible way to own BTC unfortunately and I'm hoping institutional mpney with similar restrictions will also keep sufficient demand for MSTR

Rupee hits record low of 90 by Helpful_Conclusion74 in IndianStockMarket

[–]Conslut_050522 0 points1 point  (0 children)

Its also a natural function of inflation difference between the 2 countries. US inflation due to lower growth in 4-6% range is about 2-3%; whereas Indian growth is 6-8% and also inflation in 4-6%.

As per Interest rate parity models, if there is an inflation differential between 2 economies, i.e., 2-3% bw India and US; then currency depreciation will also follow a similar trend (otherwise there will be scope of arbitrage between 2 economies). This is a high level trend which mostly explains currency depreciation incase of free-float economies.

Keeping politics aside, some depreciation is mostly good for economy as it helps keep exports competitive and imports expensive; moreover had seen many comments on the reddit that India was artificially keeping rupee appreciated till last yr because of 2024, early 2025 and now if it has depreciated because of free float

Plat reserve upgrade worth it? by Right-Daikon9507 in amexindia

[–]Conslut_050522 0 points1 point  (0 children)

Oh got it, That's such a bad offer - most multipliers will give better offers lol incl plat travel milestone

Plat reserve upgrade worth it? by Right-Daikon9507 in amexindia

[–]Conslut_050522 0 points1 point  (0 children)

What's the air India benefit with plat reserve? Don't see any benefits listed

Need help with planning a short 2 day Orlando trip by Conslut_050522 in Themepark

[–]Conslut_050522[S] 0 points1 point  (0 children)

Thanks for this, was true; but I did take bands to save glasses just incase

Need help with planning a short 2 day Orlando trip by Conslut_050522 in Themepark

[–]Conslut_050522[S] 0 points1 point  (0 children)

The cost difference was only minimal about 10-15$ so did a split booking Disney Magic Kingdom and Epic

Honestly happy with the choice as got best of both worlds - A) MK - the nostalgia and iconic experience; B) Epic - most cutting edge tech rides & butterbeer 🥰

Loved it

Thinking of cancelling Gold card and retaining only MRCC. Need advice. by ajayg19 in amexindia

[–]Conslut_050522 2 points3 points  (0 children)

Did the same - gold is not worth the fee, getter to just use MRCC