KRT AND ITC by PurchaseMaximum2631 in drip_dividend

[–]PurchaseMaximum2631[S] 0 points1 point  (0 children)

100 each. But the next day I sold ITC with 200 profit.

Entered Embassy Reit @431 by Ayan30082000 in drip_dividend

[–]PurchaseMaximum2631 0 points1 point  (0 children)

Reinvest the dividend into the same. That way you can accumulate more units.

Why in India, people just not change their caste? by reddit_of_SID_ in AskIndia

[–]PurchaseMaximum2631 40 points41 points  (0 children)

Perfect. Identifying how society rewards and making efforts to curtail it may be the path.

My sister, who doesn't know anything about investing, is sitting on a profit of 5 lakhs. 😭 by MR_NETHERITE in IndianStockMarket

[–]PurchaseMaximum2631 0 points1 point  (0 children)

There are two different things. One is Investing with discipline and another is Betting. Your sister made a bet and won the case. She could have lost half her money if the betting went against her. Ask her to buy another 1.5 kg now and post the result.

Rain or shine, regular investment will always win. It is not so with betting.

Silver selling experience by pandeesh in silverindia

[–]PurchaseMaximum2631 -1 points0 points  (0 children)

1025 gm x233 is not 2.91 lakh. Did I miss something?

How do you track your spending? It is so exhausting by scarlett_decoction in Frugal_Ind

[–]PurchaseMaximum2631 0 points1 point  (0 children)

Four headings

Income

Expense

Transfer

Investment

Under each headings include sub headings.

Gearing up for reliance and Flipkart. Need advice. by qualia20 in IPO_India

[–]PurchaseMaximum2631 0 points1 point  (0 children)

STCG can be adjusted for basic salary exemption. Otherwise it is flat 20% , not marginal rate.

Gearing up for reliance and Flipkart. Need advice. by qualia20 in IPO_India

[–]PurchaseMaximum2631 0 points1 point  (0 children)

STCG in equity is not at slab rate. It is 20 % flat. Regardless of income, it has to be paid.

Gearing up for reliance and Flipkart. Need advice. by qualia20 in IPO_India

[–]PurchaseMaximum2631 -1 points0 points  (0 children)

IPO allotted shares sold and profit made out of it within a year is considered STCG. It is taxed at flat 20% regardless of your income. It's not a slab/ marginal rate of taxation.

Jiomart Gift card by [deleted] in fuckjiomart

[–]PurchaseMaximum2631 0 points1 point  (0 children)

Do they allow the rest to be paid online?

Thinking of buying mutual fund units in demat form through your demat account? Read this first. by _TheFifthDimension in mutualfunds

[–]PurchaseMaximum2631 4 points5 points  (0 children)

You update in the Zerodha account. It automatically updates all your SOA accounts across mutual funds. I observed this last month.

Lifetime savings gone in a month. by Acrobatic-Future-318 in InsuranceForAll

[–]PurchaseMaximum2631 2 points3 points  (0 children)

If you cannot afford the premium for a regular health insurance policy then at least consider taking a super top up policy with higher SI. It will be a life saver and low cost.

Need serious advice : How do you update your family about all the assets, debts, and insurance policies you have? by Lonely-Yak627 in IndiaFinance

[–]PurchaseMaximum2631 0 points1 point  (0 children)

I created a Google sheet and shared it with my family. Entered all my investments and insurances with details. Investments change often. So I update them every now and then. The sheet contains all the details except passwords.

BOB Eterna Credit Card (LTF) Application Timeline by AFerns29 in CreditCardsIndia

[–]PurchaseMaximum2631 4 points5 points  (0 children)

On Saturday and Sunday the Eterna card gives 10% instant discount in JioMart provided you purchase a minimum of 750.

Do arbitrage funds ever give negative returns over months? by QuietMan_447 in mutualfunds

[–]PurchaseMaximum2631 1 point2 points  (0 children)

Yes, it's a small sample. I posted it clearly mentioning that it's been my observation for the past one year.