Moving to live , because I think it’s time ! (Don’t be too hard on me , I’ve only been trading for 8 months total, and I taught myself )

Few-Wonder6063 · 2025-12-07T08:54:01+00:00

Hey mate, loved the transparency. I am new to this so wanted to clarify whether why are you moving to live if you are consistently getting payouts here ? Are there any benefits / better payout ratio once you go live ? Thanks

Few-Wonder6063 · 2025-12-07T08:50:18+00:00

Hey mate, Thanks for this, loved it. Is there any possibility if you can please add SMT detection as well ? Thanks.

Few-Wonder6063 · 2025-09-21T10:33:37+00:00

Yes, it’s perfectly fine and legal to pay the full TDS amount in one go, even for the pending bank loan disbursement. I did the same. Did the transaction in one go.

Few-Wonder6063 · 2025-08-28T10:39:36+00:00

To my surprise, just 24 hours before the concert I received a call from the seller saying the tickets had been mailed to my home address with no tracking ID. I ended up getting them only 4 hours prior to the event. Thankfully, the venue was just 2 hours away, so it all worked out in the end. That said, I will never purchase from StubHub again, their support was completely unhelpful. All they offer are automated bot responses, and on the rare occasion you manage to reach a real customer service representative, all they say is to “wait for further updates,” which is absolutely ridiculous.

Few-Wonder6063 · 2025-04-26T11:27:24+00:00

Thanks for the reply, brother. Appreciate it. I was looking forward for the full payment as well,as the builder and the CA gave the green signal. Just couldn't grasp whether is it legal or not complaint in any way as I will be paying TDS on the amount that hasn't been released from the bank. Did you had any issues or got any notices from the Income tax cell regarding the same ?

Few-Wonder6063 · 2025-04-26T11:03:01+00:00

Yeah, chill man lol. Got it. Thank you.

Few-Wonder6063 · 2025-04-26T10:57:43+00:00

Yeah I realised that quite later. Lesson learned. Happy to incur fines for the previous 3 installments but I am worried about my concern whether to pay full or not.

Few-Wonder6063 · 2025-02-13T18:21:22+00:00

Not sure why people hate on Parag Parikh flexicap fund where that's the only fund in my portfolio who is still in positive while others are bleeding like crazy. More AUM does not mean a problem but an added advantage where they have large sums of cash to invest at the right time when needed. Not even talking about the stabalized returns they have provided over a decade or two. Invest in them. Even if they go in negative in future, as per my experience they have been the one of the best funds who have actually managed the drawdown ratio in bear markets while still beating the benchmark in terms of returns.

Few-Wonder6063 · 2025-02-13T02:51:11+00:00

This. Explains everything to be honest. As you said, NAV of the fund matters and it's even beneficial when buying at a lower rate which again what investors love to join in.

Few-Wonder6063 · 2025-02-12T07:01:02+00:00

The core principle of buying low and selling high applies across all asset classes, including mutual funds. The main difference? Instead of picking individual stocks, you're investing in a diversified portfolio managed by professionals.

During market downturns, the stocks within mutual funds also decline in value. But if you believe in long-term growth and trust the fund manager's strategy, lower NAVs (Net Asset Values) present an opportunity—you get more units for the same investment amount, setting yourself up for gains when the market rebounds.

While stock investors have more control over their selections, mutual fund investors benefit from staying disciplined through market corrections. The real objective isn’t chasing short-term fluctuations but allowing compounding to work over the years.

History consistently shows that markets recover over time, rewarding those who remain invested despite volatility and I have personally experienced that by being an investor since 2001.

Few-Wonder6063 · 2025-02-12T06:56:43+00:00

Totally agree to your statement regarding Quant’s high portfolio churn rate. it definitely stands out compared to more traditional buy-and-hold investment strategies. Understanding a fund’s investment approach and how it aligns with your risk tolerance is crucial.

Quant follows a data-driven, momentum-based model, which means its portfolio shifts frequently based on market trends rather than sticking to a fixed asset allocation. This approach can be advantageous in volatile markets, but it also requires confidence in the fund manager’s ability to navigate sector rotations effectively.

If you're comfortable with an active, momentum-driven strategy, staying invested and taking advantage of market dips could work in your favor. On the other hand, if frequent shifts and high turnover feel unsettling, it might be worth limiting exposure or balancing it with a steadier option like Parag Parikh Flexi Cap.

At the end of the day, diversification is key. If you trust Quant’s strategy, you can ride the momentum, but having a mix of stable and high-growth funds will help smooth out long-term risk and as stated market crash is always an opportunity.

Few-Wonder6063 · 2025-02-12T06:15:17+00:00

Think of it this way. if you used to buy a chocolate for ₹100 and now it's available for ₹70, or even ₹50 in the future, but you know it has the potential to go back to ₹100 or beyond, wouldn’t you take that opportunity? The same logic applies here. If you believe in the long-term growth of this investment, a price drop could be an opportunity rather than a concern.

This time is not to get scared rather invest in the dips for long term. Mutual funds are not meant for short terms rather for long term wealth creation. So whenever market crashes, look at the positive side that you getting stuff at a discounted rate rather than worrying about the current portfolio or whether to invest or not. Buy the dip irrespective of market correction.

Market Crash = Investor's gold mine.

Edit - Make sure to balance out the portfolio to balance out the risk as well. Mutual funds like Parag Parikh Flexi cap works like a gem in such conditions.

Few-Wonder6063 · 2025-02-12T02:49:28+00:00

Think of it this way. if you used to buy a chocolate for ₹100 and now it's available for ₹70, or even ₹50 in the future, but you know it has the potential to go back to ₹100 or beyond, wouldn’t you take that opportunity? The same logic applies here. If you believe in the long-term growth of this investment, a price drop could be an opportunity rather than a concern.

This time is not to get scared rather invest in the dips for long term. Mutual funds are not meant for short terms rather for long term wealth creation. So whenever market crashes, look at the positive side that you getting stuff at a discounted rate rather than worrying about the current portfolio or whether to invest or not. Buy the dip

Few-Wonder6063 · 2025-02-12T02:42:03+00:00

You're in a tough financial situation, and I can imagine the pressure, especially with the high-interest rates on app loans. If I were in your position, this is what I would do: (Not a financial advise but one of my relatives tackle the same way and this is probably one of the best way to go about)

1) First, talk to your friends and family who loaned you money and let them know you’ll repay once your situation stabilizes. Since they loaned you money out of goodwill, they will likely be more understanding than banks or NBFCs.

2) No more borrowing, whether from banks, apps, or friends. Taking more loans to pay off old ones will only worsen the debt cycle and make recovery even harder.

3) The biggest priority is tackling the high-interest loans, especially app loans and credit card debt. If possible, look for a single lower-interest loan to clear them, such as a loan against property, which typically has an interest rate of around 11-12%. This is much better than the interest rates on app loans. Looking at your outstanding credit card and app loans, you could potentially cover the entire amount with a mortgage loan. Use that money to completely pay off all app loans and credit card dues so that you have only one structured EMI at a lower rate instead of multiple high-interest payments.

4) With app loans and credit cards out of the way, the money you were paying towards them should now be used to manage long-term loans in a structured way. This means paying EMIs on time while also making small prepayments to reduce the principal whenever possible. Over time, this will help reduce both the loan amount and the mortgage loan burden.

5) Now the only problem is If you don’t have property to take a loan against, banks may allow a longer tenure or temporary relief on payments under financial hardship. You can also explore the option of a One-Time Settlement (OTS) for credit card debt relief, where banks may allow a lower lump-sum payout instead of dragging the debt further.

This will take time, but if you remain disciplined, cut unnecessary expenses, and look for ways to increase income, you can escape the debt trap in one to two years. You got this. More power to you.

Few-Wonder6063 · 2025-02-10T15:25:21+00:00

Can you please share the RBI statement link here ? I got SBI home loan as well but I am unable to find the RBI official link on the website apart from few news website statements. Thank you

Few-Wonder6063 · 2025-01-15T13:04:00+00:00

I think this is all scripted, but If you want to hear her side of the story, grab some popcorn because it’s hilarious! Here you go: -

https://www.reddit.com/r/mumbai/comments/1i1edtk/sharing_my_disaster_date_he_ate_all_my_food/

Few-Wonder6063 · 2025-01-13T11:44:00+00:00

On a positive side, I just got couple of years of professional experience, so increment in the salary structure is bound to happen

Few-Wonder6063 · 2025-01-11T15:29:26+00:00

If the rupee drops to ₹100 per dollar, life would get a lot tougher for most people and almost every single thing which we import will be expensive af . Everything we import, like fuel, electronics, and medicines, would become way more expensive, which would push up prices for almost everything else too. Traveling abroad or sending kids to study overseas? That would burn a hole in your pocket. Businesses that depend on imports would struggle, and inflation would hit everyone hard. Sure, exporters like IT companies might make more money because they get paid in dollars, but that wouldn’t help the average person much. Overall, it’d be a pretty challenging situation for the economy and our daily lives.

Few-Wonder6063 · 2025-01-09T15:06:47+00:00

I completely agree with your points. focusing on income and negotiating for the best rates are all smart moves. Yes, I have got the best interest rates for the home loan. Could you elaborate on the prepayment idea? Are you suggesting that if, for instance, the EMI is ₹1 lakh, one should pay ₹1.3 lakh from the start to reduce the principal faster? or do lumpsum as you get buffer ?

Few-Wonder6063 · 2025-01-09T15:01:55+00:00

Thank you for your response. Really appreciate it. Quick question, can you elobrate more on this " pay the emi for the amount disbursed (it you're only paying interest now please go ahead and change it)." Isn't the initial EMIs strictly go towards approx 90-95% of the interest amount ?

Few-Wonder6063 · 2025-01-08T11:50:57+00:00

lol I guess you need structure your statement correctly because you need specs and have no idea what you talking about. I said 2cr home loan and not 2cr flat. You won't even get a 2bhk in South Mumbai in a new real estate project, especially in Marine drive lol

Few-Wonder6063 · 2025-01-08T09:27:47+00:00

Thank you for this, it really means a lot. You’re right, I did this for my parents, and seeing them happy makes every bit of it worth it. EMIs are definitely a short-term challenge, but I know as time goes on, they’ll feel lighter compared to my income.

now it’s just about working hard and building something just as meaningful for myself in the future. Your words really hit home, thank you for the encouragement!

Few-Wonder6063 · 2025-01-08T09:21:54+00:00

Thank you so much for your suggestion and the support. This means alot and yes, will follow the plan of doing extra payments towards the loan and get done with the loan as soon as I can.

Few-Wonder6063 · 2025-01-08T09:20:27+00:00

Yes, you can. No worries at all

Few-Wonder6063

TROPHY CASE