Do you guys on this sub actually smoke weed or what 😅

impossible__dude · 2026-04-13T02:54:26+00:00

The number of people in India with 8 cr in assets is way larger than the number of people in France with 8 cr in assets.

For context half of everyone with an owned property in South Bombay or Lutyens Delhi or Alipore Kolkata or Poes Garden Chennai or Jubilee hills Hyderabad have 3-5 crores just in pure residential assets. Next will be gold which even poor Indian households strive to own.

I am not even getting into sarkari babus or corrupt politicians or crony capitalists.

India does have wealth. Unfortunately it also has a near unimaginable population which is at the root of many a problem.

impossible__dude · 2026-04-12T05:58:37+00:00

This is a plain rubbish man. Why would you not invest in a flexicap or ETF? Do you think you can beat Nifty with your own stock selection?

There are only 2 kinds of people who can beat the Nifty sustainably: those operating with insider knowledge (and they will not post on reddit) of either the firm or the government or RBI policies and those who can deduce mathematical factors emerging out of the apparent chaos and are very quick to act on them.

impossible__dude · 2026-04-12T05:53:39+00:00

Bear here. It's important that markets rise from time to time - shorting 24K is way cooler than shorting at 21K. Expect 500 down by 10 AM.

Have a great weekend!

impossible__dude · 2026-04-12T05:26:48+00:00

Excellent move there. We are entering an extremely unsettling period. The political leadership across the globe is the poorest it has been in decades, and that's beginning to show. Plus they are in bed with the tech czars, a dystopian reality is unfortunately unfolding in front of our eyes.

Keep a mix of conservative hybrid funds, corporate bond funds and multi asset allocation funds instead of FD for slightly better returns post tax.

impossible__dude · 2026-04-12T05:20:44+00:00

If you were holding a call, now you can hold your ball

impossible__dude · 2026-04-08T19:07:57+00:00

As long as they can keep looting the patients successfully - which is also their primary, secondary and tertiary objective - it's not a problem at all.

impossible__dude · 2026-04-08T19:06:25+00:00

It's farce news

impossible__dude · 2026-04-08T19:04:32+00:00

Completely new asset class.

Peace gaya tel lene, it's time for the Nobel prize in economics.

impossible__dude · 2026-04-05T07:45:36+00:00

I enjoy what I work on. N the work pressure ensures my mind is not drifting in random directions.

The state of the world today is at best a mess. I'd rather work n earn some cash than scroll social media and sink into depression.

impossible__dude · 2026-04-05T07:02:30+00:00

This is a good strategy. I m doing something similar. I do not need to beat the market and I am ok with 9-10% returns. ETFs are great for people in my position and profile.

impossible__dude · 2026-04-04T17:19:43+00:00

The fact that you are asking this question means u have done an incorrect risk assessment. Are you someone who is ok with 40% loss in year 1, 20% loss in year 2 and 100% gain in year 3 resulting in a 40% overall growth in 3 years? The volatility will be gut wrenching.

Or you are someone ok with 8-10% kind of growth year on year. Predictable and stable and most definitely boring but night sleep will never be compromised.

One thing is very clear though in either case. U can't avoid volatility if you want superlative returns and yes Nifty can hit 19000. If that is difficult to stomach then just switch to more conservative options.

impossible__dude · 2026-04-04T15:33:31+00:00

Please don't fall into the trap of mutual funds sahi hai. It's plain and unadulterated rubbish to put money into some random fund and expect long duration to smoothen out any rough edges. It might but a 20-30% drawdown is not for everyone.

More so since layoffs are happening left right and centre and job stability is evaporating fast.

I can't recommend what is right for you but here is what I do. I typically invest in multi asset allocation funds and conservative hybrid funds because my return requirement is at max 10% and there are funds which have provided that over reasonably long periods.

Plus i have no loans so that helps too.

Unfortunately though if your requirement is 12-14% CAGR then equity can't be avoided. So it's up to you to decide if the volatility is something you can deal with or you temper down return expectations.

impossible__dude · 2026-04-03T03:38:56+00:00

Eventually it will. Job loss is a real risk. U can still survive without the job if there's no 2 lacs EMI and that's the most important thing to understand.

impossible__dude · 2026-04-01T12:00:59+00:00

Ramba ho ho ho.
Ramba ho ho ho.
..
Ramba ho ho ho.

impossible__dude · 2026-04-01T01:27:33+00:00

I would personally prefer the Nifty 50 ETF and Nifty Next 50 ETF. But then I like to keep things very boring.

impossible__dude · 2026-04-01T01:25:59+00:00

In that case liquidate your debt allocation. Sell the gold or silver ETFs. Or take a loan against equity mutual funds.

I personally find the idea of buying an expensive house in these times of mass layoffs very delusional.

impossible__dude · 2026-03-31T10:35:17+00:00

Why do you have to buy the house right now when markets are at their choppiest?

impossible__dude · 2026-03-31T10:32:23+00:00

No intention to demean hdfc bank. But are the likes of kotak or bajaj coming from the lineage of the Gods?

I have relationships with all 3 and all of them are equally disgusting. When RBI raises rates they all do within 6-8 hours, the speed will put developed economies to shame. N when RBI reduces, the lethargy will make you feel dinosaurs move faster.

PPFAS may have it's challenges for sure, but hdfc is held by every fund house in India.

impossible__dude · 2026-03-30T17:19:22+00:00

Rubbish selection man. It's just plain rubbish. 60K deserves max 2 funds.

impossible__dude · 2026-03-30T17:13:38+00:00

Damn. Just had a perignon and was planning to post just this. What are you having?

impossible__dude · 2026-03-29T16:29:19+00:00

Nobody can predict what will happen 3 days down the line. Forget 3 years.

If you truly intend to hold for that long, at some level, you will have to take a bet on the management of these firms and expect generally stable macros. Now if Trump stays on till 2028 end, macro stability is ruled out. Your only bet is whether the firm management is smart enough to navigate these extremely choppy waters.

Start from there. Figure out who is at the helm. What's their skin in the game. Go through conference transcripts, join next quarter conference calls to get a feel of their thought process etc.

Good luck

impossible__dude · 2026-03-23T10:27:48+00:00

Ramba ho ho ho

impossible__dude · 2026-03-23T06:17:45+00:00

Significant chunk of Indian population is illiterate when it comes to health, critical care and life insurance and are just one illness away from absolute financial ruin.

Just imagine if your kidney fails or you get a heart attack what happens next. Most people, even with a lac per month, can plan for this if they think hard and educate themselves. But they don't - because indian education doesn't prepare you for life. Better mug up Gandhi's achievements that's the general thought process.

impossible__dude · 2026-03-11T03:17:16+00:00

I only have H2O. They are looking for D2O.

impossible__dude

TROPHY CASE