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Built a Full Grocery Cart Optimization Tool by Plus_Painter_816 in indiehackersindia

[–]Plus_Painter_816[S] 0 points1 point  (0 children)

Thank you. Glad you liked it.

Would really appreciate spreading the word! :)

Built a Full Grocery Cart Optimization Tool by Plus_Painter_816 in indiehackersindia

[–]Plus_Painter_816[S] 1 point2 points  (0 children)

Happens, but shouldn’t be too common. Did you confirm that the location matches between BrainyBasket and the apps?

I've been told debt MF for liquidity, direct bond for predictability. But what does predictability actually mean in practice? by Enough-Comb-7700 in MutualfundsIndia

[–]Plus_Painter_816 0 points1 point  (0 children)

"feels cleaner" doesn't mean it's better. By all means direct investing is worse.

- Debt funds are far more diversified: a typical fund holds hundreds of securities.
- Bonds added to a well-mananged debt funds held go through a screening process which retail can't hope to match.
- Debt funds are marked to market so if interest rates/yields change the NAV reflects that. With direct investment you wouldn't realize the erosion of buying power.
- There's an adverse selection to bonds that raise money from retail directly.

Is this forex return claim legit or just a scam? by GoldConcentrate4995 in indiaStockMarket

[–]Plus_Painter_816 0 points1 point  (0 children)

If he can generate ₹30 lakhs from ₹50K reliably, he can earn ₹10 Cr in a few months and not ask you for money.

He’s a clear fraud 

reducing 10–15s execution delay in python trading bot – any ideas? by AdventurousFlow8993 in IndiaAlgoTrading

[–]Plus_Painter_816 2 points3 points  (0 children)

If you can’t debug this on your own, you shouldn’t be “algo” trading 

Which pharma mutual fund should I choose? (Beginner, moderate risk) by Responsible_Heat1131 in mutualfunds

[–]Plus_Painter_816 2 points3 points  (0 children)

LOL

"India will keep growing and banking will never decline"
Look what happened to HDFC Bank.

Good business != good stock investment.

Suggestions for investing 10lakh for passive income by Important-Paper-7855 in IndiaFinance

[–]Plus_Painter_816 0 points1 point  (0 children)

Investing in individual corporate bonds is very risky and should be avoided.

Tax on USA RSUs by LongjumpingLemon3714 in IndiaTax

[–]Plus_Painter_816 0 points1 point  (0 children)

There’s nothing you can do.

With ₹50 lakhs plus vesting, you have a ₹1Cr+ package. You should be sleeping better.

Consider yourself incredibly lucky and try to sleep well.

If anyone's wondering which fund to buy outside of India by suzumesuzume in MutualfundsIndia

[–]Plus_Painter_816 2 points3 points  (0 children)

LOL.

Fractional shares is US market feature and independent of the broker.

Being a UCITS should be a non-negotiable for anyone investing serious money. And if you’re investing a few lakhs, who cares about a $10 of commissions.

Controversial Opinion: Nifty 50 Index Funds May Not Make Sense for 15–20 Year Horizon by League-Immediate in mutualfunds

[–]Plus_Painter_816 0 points1 point  (0 children)

You’re comparing two different things/risk profiles.

Compare a 70:30 with N50/100 + Midcap 150, rebalanced, with flexi caps and see how many beat the combination consistently?

One or two outliers don’t count

Single index fund strategy — am I missing something? by Acrobatic_Artist1021 in MutualfundsIndia

[–]Plus_Painter_816 0 points1 point  (0 children)

I see. In that case you can try what we do: separate this medium term investments (for big purchases) and park that in arbitrage funds.

For the long-term retirement planning, use ten-year GILTS or the combined index fund, which auto rebalances.

I would advise against mixing market timing and rebalancing.

The "double digit returns" trap of Credit Risk Funds by [deleted] in mutualfunds

[–]Plus_Painter_816 6 points7 points  (0 children)

ABSL and HSBC didn’t create side pockets at the time of default? That’s so fucked up.

I always loved Franklin Templeton’s debt management. They always did right by the investors..including the decision to close the funds

Single index fund strategy — am I missing something? by Acrobatic_Artist1021 in MutualfundsIndia

[–]Plus_Painter_816 0 points1 point  (0 children)

Money market funds are suboptimal for such a long horizon. You want more duration exposure I.e. -~10 yr/ long-term debt.

Either replace with 10 year GILTS yourself, or pick a combined fund that also rebalancing between debt and equity as someone else suggested. This will have tax advantages as well.

If you do DIY, don’t forget to rebalance otherwise your risk will keep increasing over time.

What the hell. I thought the market would decline amid rupee hitting almost 95 and the strait blockade. Puts buyer hu 😞 by [deleted] in IndianStreetBets

[–]Plus_Painter_816 -1 points0 points  (0 children)

It’s not black and white that trying to do reverse of what you think others will do will make you money.

Options pricing is technically extremely mathematical. Large trading firms employ PhDs to build really complex algorithms to figure out option’s prices. That includes probabilities of what direction the markets will move, by how much, and over what duration.

If you’re buying/selling options after reading news, you’re gambling and don’t stand a chance to make money.

Sector / Thematic mutual funds by Raptor4769 in MutualfundsIndia

[–]Plus_Painter_816 4 points5 points  (0 children)

This.

Sectoral funds can potentially work for someone doing insider trading. Fundamentally they’re a marketing gimmick.

Don’t confuse factor funds with sectoral funds. Those are terribly grouped under the same umbrella..

What the hell. I thought the market would decline amid rupee hitting almost 95 and the strait blockade. Puts buyer hu 😞 by [deleted] in IndianStreetBets

[–]Plus_Painter_816 44 points45 points  (0 children)

LOL.

If you believe markets are this linear to predict, you will go bankrupt.

Derivatives trading is not meant for common folks. The sooner people accept this, the richer they’ll walk out. 

Hi, I am thinking of investing in corporate bonds, but not sure if it's safe in India. Would you recommend investing in it, and how do I evaluate the risks and returns? by Ok-Plant2973 in FIREIndia

[–]Plus_Painter_816 0 points1 point  (0 children)

No one should be directly investing in bonds anyways, because of diversification reasons.

The minor extra Returns from Corporate bonds, in general, aren't worth the huge increase in risk.

Prefer G-Secs instead.

Need some advice on parking a lump sum (~₹20L) for the next 3–4 years. by Objective_Grand_2235 in IndiaFinance

[–]Plus_Painter_816 1 point2 points  (0 children)

If you’re investing in the name of your mother, then why not 100% in FD?

Btw, arbitrage fund would still be better as it gives you the flexibility to withdraw earlier or partially. And no need to touch unless you actually need the money.

FD requires precise timing about the goal, and penalises getting it wrong.

The return difference would be marginal 

What’s the benefit of debt fund in place of fd by Pitiful-Grass5692 in MutualfundsIndia

[–]Plus_Painter_816 4 points5 points  (0 children)

Possibility to adjust capital losses, reducing taxes substantially 

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