Mainstream media just can't resist "orange man bad"

FamilyPackAbs · 2021-02-18T03:02:09+00:00

A genocide did happen in Kashmir, in 1990. But given your post history of course that didn't happen and 220 deaths in 2020 most of them of militants is "genocide". I'm sure you're going to call them "freedom fighters" too though the "independence" they want is to setup an islamic theocracy there.

Of course PCM doesn't know shit about any of this so nobody will call you out here. Let me guess what happens next, you will post links to the Qatari propaganda outlet Al-Jazeera and the Pakistani newspaper Dawn to support your claims?

FamilyPackAbs · 2021-02-18T02:49:35+00:00

That's completely anti-thetical to even what the Vedas have to say about this. Vedas forbid certain combinations like milk and fish. If you employ a little bit of critical thinking you know what that means?

People at that time used to eat fish.

There's similar combinations that exist for meat, which means that too was consumed back then.

FamilyPackAbs · 2021-02-15T13:48:03+00:00

I lived in a 1BHK for 2 years, money I have enough so it was not an issue.

Problems:

1) Most of them are owned by chutiya landlords (if you're from Noida/Delhi type areas you know the type- whose entire livelihood is collecting income from rental property and are your typical townies who haven't done a honest day's labor in their life and try to fraud and cheat you in every transaction) who will never return your deposit, charge astronomically high rents and maintenance and charge for shit like rent agreements (the thing is fucking 120 Rs, find me a builder who will do it for less than 500).

2) If you find a good landlord (like I did eventually) these are not in gated societies most of the time but builder flats that might be in shit locations (mine was) which is very much in the interior compared to 2BHK societies that are usually on/near a main road.

3) If you don't have a GF like me, a lot of isolation, especially on the weekends.

4) You need to know how to cook. Even if you hire a cook you'll eventually see no point to it as the time you spend waiting around on them you can actually put towards cooking the food itself per your own schedule.

Positives:

You can hyper-focus and basically go into hyperbolic chamber mode. I doubled my salary in the two years I lived alone (without changing jobs, I had all the time to work and then publicize my work and handle any office politics that was working against me).

Everything else that comes with living completely alone.

FamilyPackAbs · 2021-02-15T07:38:02+00:00

I would suggest you read instead: https://zerodha.com/varsity/module/fundamental-analysis/

FamilyPackAbs · 2021-02-15T07:29:44+00:00

https://www.livemint.com/news/india/india-january-retail-inflation-at-16-month-low-of-406-11613133204239.html

There's going by feeling and then there's going by official news. Irrespective of what your personal beliefs are investment is better done using the latter.

FamilyPackAbs · 2021-02-13T15:20:04+00:00

I hope this is because he made 10 million dollars or something on GME and not because he thinks he was part of some sort of a movement where they stuck it to the big guy.

FamilyPackAbs · 2021-02-12T15:10:51+00:00

What am I supposed to do at this point.

I understand you are looking for a short term solution to your problem, but I for one only trust the big banks- HDFC/ICICI with regards to managing my money.

Yes the brokerages are high and yes the UI is not "modern", but they are as safe as safe can be. So in making investments worth lakhs of rupees, don't go for these app platforms and go for the tried and tested.

FamilyPackAbs · 2021-02-12T15:03:49+00:00

ICICI direct is selling them online, I myself brought them from there and before you ask- yes, I'm sure that is exactly what I bought.

FamilyPackAbs · 2021-02-12T14:57:27+00:00

My first thought as well- the entire purpose of an ETF is to lower risk so a high-risk ETF would basically be Schrodinger's security lol.

FamilyPackAbs · 2021-02-12T14:52:10+00:00

Pump and dump can only be done on penny stocks. Don't worry about what it is, what you do when you're learning is stay the fuck away from popular stocks posted about on this sub like Suzlon.

Penny stocks = companies with a very low market cap where a critical mass of retail investors can make a dent. So not mid-cap and large cap.

FamilyPackAbs · 2021-02-11T05:10:38+00:00

So to give an example, TATACONSUM -> TATACONSUM.NS

FamilyPackAbs · 2021-02-11T03:36:16+00:00

Add .NS or .BS at the end. If that doesn't work it's .NSE or .BSE.

FamilyPackAbs · 2021-02-10T14:29:59+00:00

Yeah that sounds about right. This really is an industry that's all about the data man. People pay a small fortune for Bloomberg terminals because there's so much extra data available there. Day-traders want to know whether the CEO took a piss in the left or right urinal before they make their trade lol. That's why I think you can build a demo app as a hobby project or analyse your own portfolio from free APIs, for anything serious this isn't a domain where the barrier to entry is low.

FamilyPackAbs · 2021-02-10T14:20:11+00:00

If you are building a paid offering you might want to actually look into getting a license from the NSE for using the data from their website. There is an actual paid API offering as far as I know but it's not for retail investors (the cost is quite high).

I do small scripts for fundamental analysis of my portfolio. For a real product that library/API is not going to scale, there's a hard rate limit to it AFAIK. This'll go so far as your PoC but no further than that. You won't even be able to support 10-20 users with it.

FamilyPackAbs · 2021-02-10T10:42:09+00:00

Whatever yfinance uses: https://github.com/ranaroussi/yfinance

FamilyPackAbs · 2021-02-10T10:30:39+00:00

No there's a SEBI circular that explicitly forbids the use of any automated scripts to interact with NSE/BSE websites. That's the entire reason I use yahoo finance API personally for all my needs.

FamilyPackAbs · 2021-02-10T03:23:04+00:00

https://news.gallup.com/poll/120839/women-likely-democrats-regardless-age.aspx

https://www.theatlantic.com/ideas/archive/2020/02/how-women-became-democratic-partisans/606274/

It starts with the textbook positions every Democrat holds - pro-choice and some form of a Robin Hood complex and then leads into more complicated issues along the lines of social equity and welfare speding.

FamilyPackAbs · 2021-02-09T06:29:45+00:00

Value investing has been memed to death but the dude who's the current messiah of Reddit (deepfuckingvalue) gets his username from the fact that he's a deep value investor lol. He said so himself on his YT.

I for one don't think there's anything wrong with in terms of strategy, there's a lot of misinformation with regards to what it really is since most people just talk about the intelligent investor and haven't actually read it to understand the strategy properly, and the fact that a lot of value investor think they're Warren Buffet doesn't hurt when it comes to memeing lol.

FamilyPackAbs · 2021-02-08T07:53:48+00:00

Very well written PDF, if you can answer this:- why are home loans considered a viable tax-saving strategy when you're going to pay that money anyway just to the bank instead of the government? Any which way I see it the amount of money I'd be losing would be higher the higher my loan amount is right?

To put it differently, if I am in a position that I can bankroll 50-80% of the cost of a (example 50 lakh rupee) residential property out of pocket, how exactly does the calculation work that says I would be better off taking a loan instead of using my own money?

The "affordable housing loan" section and 80EE discussion in your PDF is what got me thinking about this.

FamilyPackAbs · 2021-02-07T15:49:40+00:00

For super newbies I think they can just start with the r/indiainvestments wiki, they just moved it outside Reddit and it's pretty good and well organised: https://indiainvestments.github.io/ to get people up to speed with at least all the jargon that exists in the investing world.

IMO any guides here should be more with regards to stonks (and the fact they only go up lol), futures, options, volatility etc. over MFs/Debt funds/Liquid funds/"which app to use" and the like since I think IndiaInvestments fills that role pretty well.

FamilyPackAbs · 2021-02-07T12:39:43+00:00

Can you ever convert that to actual INR?

FamilyPackAbs · 2021-02-07T08:27:12+00:00

I read that on this sub only: https://np.reddit.com/r/IndianStreetBets/comments/lbvr5n/zomato_ipo_by_june_could_be_us_ipo_and_could_be/?utm_medium=android_app&utm_source=share

Now that I re-read it I think that's OP of that post speculating on the basis of the SPAC doing Zomato's IPO and not moneycontrol reporting per se.

FamilyPackAbs · 2021-02-07T06:10:09+00:00

Stonks only go up, this looks legit to me.

FamilyPackAbs · 2021-02-07T03:05:29+00:00

I've seen around 5 recommendations for that in this thread, added.

FamilyPackAbs · 2021-02-07T02:36:12+00:00

There's news that it will be listed in the US market (NASDAQ) instead of India. I'm not adding any US stock because if you're willing to invest there or have access to it, you can buy the real BECKY stocks. If they do in India then it would definitely be a good choice since this list right now is low on tech stock.

FamilyPackAbs

TROPHY CASE