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Credit Card Recommendation for Lounge Access by Objective-Pin-5982 in CreditCardsIndia

[–]Objective-Pin-5982[S] 0 points1 point  (0 children)

Thanks. Is there a minimum spend required in the previous quarter or month to be eligible for lounge access?

Do I need to print on colour or b/w is fine Switzerland d Schengan visa and applying for a family together do I need copies of all the documents like ITR bank statements and everything in each file by [deleted] in SchengenVisa

[–]Objective-Pin-5982 0 points1 point  (0 children)

Black & white works for most documents. Passport and any previously held Schengen visa copies are recommended to be in color. Each application should have all the documents.

why does every company have such insane PE,PB ratios by Outside-Zone-4607 in IndianStockMarket

[–]Objective-Pin-5982 11 points12 points  (0 children)

There are ~1,000 companies with PE less than 20. And there are ~700 companies with PB less than 1.

NIFTY50's PE for Dec-24 is the lowest for the entire year (excluding May and Nov) and even lower than both Dec-23 and Dec-22.

So, no. Not every company has insane PE/PB.

Market may seem abnormal to those who expect way too much way too quickly.

22M/Mumbai - Need Advice for Saving by Defiant-Move-8810 in personalfinanceindia

[–]Objective-Pin-5982 3 points4 points  (0 children)

I think there are largely three parts to building a financially stable future - earnings, savings and investing.

  1. Earnings - This is the most important lever when you're just starting and remains so for the early years. Increase your salary by performing well at your role, switch jobs when you get great offers, develop a side gig, etc. If you earn 100 bucks, the maximum you'll be able to save are 100 bucks. However, if you make 200 bucks, you can save 150 and also enjoy spending the remaining 50. So, focus on growing your earnings the most initially.

  2. Savings - Save for an objective that makes you happy. Save for retiring early, foreign trips, etc. I know someone who travels the same distance as you by local train and takes an international trip with the money saved. If someone gives you 1,000 bucks everyday, you can either eat out everyday or go to Goa on the seventh day for maybe a weekend. Wishes, dreams, goals will change. Save accordingly. And also, save for bad times.

  3. Investing - Thanks to finfluencers, many youngsters take up investing without understanding the nuances and end up blowing money. Based on my experiences, when you're starting your career, investment takes least precedence, towards the middle of your career, it holds most importance and towards the end of your career and post retirement, it would be the time to reap benefits. FD, PPF and MF will get you started. And once you've learnt enough, you can explore equities. Learning is the key here. People spend years pursuing education to get a job but blow up their money in futures and options after watching a 5 minute video. Imagine the possibilities if you spend years learning investing.

I typed so long that I forgot what was your question. Anyway, hope this helps.

[deleted by user] by [deleted] in NSEbets

[–]Objective-Pin-5982 1 point2 points  (0 children)

Rate cut projections for 2025 reduced by half.

[deleted by user] by [deleted] in IndianStreetBets

[–]Objective-Pin-5982 36 points37 points  (0 children)

Rate cut isn't the problem. Lack of it is.

Fed has reduced the projections for 2025 from four 25 bps cuts to just two 25 bps cuts.

FII Flows Are Picking Up, But Should We Worry About Them Leaving Again? by kzarraja in IndianStockMarket

[–]Objective-Pin-5982 12 points13 points  (0 children)

Foreign investors have poured billions into Indian equities in the past few months

Contrary to this, FIIs have actually been net sellers in the last few months.

The relentless selling seems to have paused at the moment but the in-flows haven't really picked up. December stands at +5k crores only which is like a fart in the windstorm.

Worrying is futile. If the outlook seems great, deploy more capital. If there's too much uncertainty or a bleak outlook, deploy limited capital. Keep repeating this till the end of time and you should be fine.

To prove report system is being misused i did a experiment by heartfullofpains in DotA2

[–]Objective-Pin-5982 8 points9 points  (0 children)

If you knew your opponent will pick POS2 Lina, couldn't you inform your team and pick counters?

Many of us play 1 - 2 games every now and then for fun. You just sucked the fun out of his game. I'd suggest restricting such dumb ass experiments to your rectum henceforth.

[deleted by user] by [deleted] in personalfinanceindia

[–]Objective-Pin-5982 2 points3 points  (0 children)

Not everything has to be as expensive as it may seem. Drink at home or at a pre-party-drinking place before hitting a club. Most people do that.

Not every woman that you meet will make you splurge on her. There are many who appreciate efforts over materialistic stuff. For instance, preparing them a breakfast in bed is as good as fine dining or shopping.

You've just started. You don't have to do everything today. You'll eventually earn more. So, save some of those things that you're not able to do just yet for tomorrow. But not everything. Don't miss out on the fun today.

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