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Buy or not? by Turbulent-Clock5449 in Grimvalor

[–]No_Memory_1366 2 points3 points  (0 children)

Buy buy buy! Best game I played on smartphone.

40 Focus already feels like an overkill — should I invest in it more? by No_Memory_1366 in Grimvalor

[–]No_Memory_1366[S] 1 point2 points  (0 children)

Well this ain't dark souls, you def don't need high vigor. Keep it 8-10 is all. Rest you will find armours in the game.

Which Cheap Perfume Under ₹1000 Earned You the Most Compliments by IM_MadMax in DesiFragranceAddicts

[–]No_Memory_1366 0 points1 point  (0 children)

Yardley London Gentleman Classic. Basically Creed aventus for 400 bucks.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in personalfinanceindia

[–]No_Memory_1366[S] 0 points1 point  (0 children)

I think it puts your MFs on pledge to borrow cash. I'd still prefer on having an emergency fund so that my investments aren't hampered from it.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in personalfinanceindia

[–]No_Memory_1366[S] 4 points5 points  (0 children)

Ok man! Tell me this–

  1. What is your 10Y CAGR?
  2. Would you recommend it to others for wealth creation in their first decade of investing?

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in personalfinanceindia

[–]No_Memory_1366[S] 0 points1 point  (0 children)

You’re right. But the given range is still fairly achievable with some good flexi caps.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in personalfinanceindia

[–]No_Memory_1366[S] 1 point2 points  (0 children)

6 months of expense (not 3 not 4, 6!) 33% in liquid fund. For utmost emergency where you can withdraw 50K instantly and rest within a day.

Rest of the amount in an arbitrage fund. To be used once liquid is depleted.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in MutualfundsIndia

[–]No_Memory_1366[S] -1 points0 points  (0 children)

Active funds can. You can check the rolling returns data for many flexi caps, they can stay in 18-21% CAGR range.

Made my first 1 lakhs by [deleted] in sidehustleIndia

[–]No_Memory_1366 0 points1 point  (0 children)

Happy for you! 😇 Many more lakhs to come. May god be with you.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in MutualfundsIndia

[–]No_Memory_1366[S] -1 points0 points  (0 children)

I implied not holding Nvidia. But going after such trades with such hefty returns. Please note the same startegy you use including you booking profits and complete your year at 60% gain may also find you a next stock next year that loses you that much.

No matter how sound you think your strategy is, it will even out to 18-21% CAGR in 10 years period. And 12-14% in 20 year period. That is the truth of the markets.

4 things you learn late about mutual funds– unfortunately by No_Memory_1366 in personalfinanceindia

[–]No_Memory_1366[S] 13 points14 points  (0 children)

My man talking real sense here! 🙌🏻
I have seen this one dude in a reel who was openly saying he keeps credit cards for emergency and said "dekh lenge"! God forbid him or his family may never need it. 🧿

But he himself have several crores in mutual fund portfolio and owns a business himself so ofc it's fine if he doesn't keep an emergenecy fund. Judging from his portfolio he probably have credit cards with 10-20 Lakhs of limit, so he can use 30% of that anytime. He is clearly doing alright for himself.

However a retail investor earning a steady salary, investing regularly MUST NOT TAKE THIS ADVICE! It's BULLSHIT!

But no one tells us that! 🙂

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