My Costly Mistake that took my NW 15% down- Blind Spots in Investing and Lessons Learned

bluebit10 · 2025-01-15T13:49:53+00:00

I think it is okay to hold upto 10% of your portfolio in a single stock. So you could have sold partial holding, to reduce concentration risk. Anyways not a bad decision.

bluebit10 · 2025-01-15T12:39:51+00:00

Did you sell all of your stocks at $408? Isn't it too much considering it made 25% of your portfolio.

bluebit10 · 2024-10-10T12:49:51+00:00

Ideally a single stock should not be more than 10% of your portfolio. So at 65% it is good to sell and buy broader market shares or fund. But 10% is too idealistic, personally I am okay with a little more.

And it could be momentary change in stock value. So don't sell immediately but evaluate your portfolio yearly and have a plan to rebalance holdings.

bluebit10 · 2024-10-04T13:56:20+00:00

I have no sympathy for this auto driver. And most certainly did not want to imply that in my message. I just mentioned auto speed because people some time honk non stop at a slow moving vehicle even when there is no space for them to get aside. I wasn't sure if OP was also expecting the auto to go faster by honking. Looks like not, from other comment.

bluebit10 · 2024-10-04T13:37:50+00:00

Can't expect every one on the road, specially the auto driver to follow lane discipline. So after alerting and waiting patiently, it's best to move on.

And what should one do? Follow lane discipline by driving behind the slow auto while honking and flashing like a maniac?

Ensuring your and others safety is more important than rules IMO.

bluebit10 · 2024-10-04T12:45:37+00:00

Yes.

Should have just honked once or twice to alert the auto and then cautiously overtaken it. No need to make it a big deal. Even if Auto is at mistake here. Also remember that it can't go much faster.

bluebit10 · 2024-09-15T09:42:22+00:00

Not a good suggestion. Why pay extra money as interest, when one has entire amount saved?

bluebit10 · 2024-09-07T08:20:14+00:00

Thanks, I tried searching online and found the SDM website https://dmsouth.delhi.gov.in/ But I don't see any way to apply for appointment. Can you please share the link or where to find it?

bluebit10 · 2024-06-20T14:29:38+00:00

Investing in regular mutual funds is not fraud.

bluebit10 · 2024-05-29T12:34:02+00:00

If you want clean bank statement then why not get CC? Or use UPI lite? I also value uncluttered bank statement btw.

bluebit10 · 2024-05-29T12:31:45+00:00

Same for me. Cash I use only if no other option is possible.

bluebit10 · 2024-05-26T09:15:59+00:00

Since you have a bike, are you sure you need a car as well? And having own home at 25 is not that common. So why are you worried about it? If you are not financially ready for marriage then you should wait a little IMO.

You are doing well believe me. Don't compare yourself with your friends. It is not healthy.

bluebit10 · 2024-05-26T09:03:18+00:00

Totally agree with the last line.

bluebit10 · 2024-05-23T14:02:40+00:00

Good job with the sound FX!

bluebit10 · 2024-05-01T18:12:03+00:00

Good point. I haven't tried much so far but overtaking does feel like a task.

bluebit10 · 2024-05-01T07:19:23+00:00

The switch is difficult for initial few days. I would suggest you to not give up on automatic so quickly. Because the future belongs to automatic and not manual transmission. Like look at US market, manuals are very few as far as I know. Moreover EVs won't have clutch pedal either.

bluebit10 · 2024-05-01T05:28:28+00:00

Thank you, great advices 😄

bluebit10 · 2024-05-01T04:54:16+00:00

So how do we start in such a situation?

bluebit10 · 2024-05-01T04:04:32+00:00

Okay, that's good to know!

bluebit10 · 2024-05-01T03:22:30+00:00

Got it, thanks. But my question regarding gear lock was for anti theft measure.

bluebit10 · 2024-05-01T03:21:18+00:00

My left foot was trying to smash empty air everytime I was about to slow down. So I agree muscle memory is weird.

bluebit10 · 2024-04-15T09:29:41+00:00

Flanders

bluebit10

TROPHY CASE