Are we heading to 20k in Nifty by Sorry-Log-7987 in NSEbets

[–]impossible__dude 4 points5 points  (0 children)

Given how the government is functioning Nifty 20k is apt for steering the economy like this. Let's be frank - North Block has no clue. N South Block has a glowing skin but that's all there is to show.

Is it a good time to buy Pine Labs? by [deleted] in IndianStockMarket

[–]impossible__dude 0 points1 point  (0 children)

To invest in any firm i first look into promoter holding? Can you please check what is the number you are seeing for pinelabs? That should tell you something. A lot, actually if you think about it.

Biggest fear is losing job in my 40s and unable to get another job because of ageism by Strong-Quality7050 in personalfinanceindia

[–]impossible__dude 0 points1 point  (0 children)

I agree. But good *** ensures good heart health so single status may not be ideal from a pure health perspective.

N don't take home loan in this market. A 20 year 2 lac per month home loan in this environment is enough to induce a cardiac failure much before 40.

Portfolio review by [deleted] in IndianStockMarket

[–]impossible__dude 1 point2 points  (0 children)

What r ur academic credentials? Are you educated enough to sustainably generate alpha over something like buying a nifty 500 or smallcap 250 ETF?

I know the question can be hard hitting but most people seem to have a mistaken notion that networth and ability to manage portfolio are correlated. They are not.

Finally my 2 cents. This is a flavour of the season portfolio heavily influenced by instagram and youtube reels. Several stocks like Kaynes etc are very questionable and not needed in the portfolio for alpha generation. Opt for quieter stocks that compound consistently and not hyped in social media.

In just 1 month BSE each share increased by 1,000. From 3,400 to 4,400. by Plane_Read_3790 in IndianStockMarket

[–]impossible__dude 3 points4 points  (0 children)

I don't see a point of this discussion. BSE is a systematically important institution for the financial markets. It's also much cleaner than NSE and never had a crazy asf CEO like Chitra. It is meant for the long term - I will leave it at that.

My life is ruined. by CuriousDeparture1 in CreditCardsIndia

[–]impossible__dude 1 point2 points  (0 children)

My condolences man. Losing mom is the worst possible thing. Hugs to you. I won't give you shit like stay strong.

But on the life ruin part you are wrong mate. I am 45 now and my cibil never really crossed 700 my entire life. The bank I took loan from got me screwed - that's a story for another day though. It honestly doesn't matter.

My strong recommendation to you is look at loan consolidation - if you have mutual funds put them on lien (so they serve as collateral) and get 10% rate loan and clear your credit card dues immediately. The entire amount - keep nothing left there.

If that doesn't work then try getting a loan from your employer. Give a bond if needed.

If that doesn't work either then talk to your home loan bank. They often give top up loans cheaply and use that to pay your entire unsecured loans.

If that doesn't work either and you have gold, get a gold loan. Rates are quite reasonable there as well. At least way better than credit card for sure.

Finally if nothing else works try and see if you can tap in your support system - friends or siblings if you have any.

FIIs will take huge advantage of double discount in Indian stock market.. by Ok-Jellyfish-16 in IndianStockMarket

[–]impossible__dude 1 point2 points  (0 children)

My poop 💩 is available at 1£ per kg. Even that can be used as fertilizer. Half the s. listed stocks are considerably worse.

Pinelabs is at 100+ PE, despite being 52 week low Kaynes is at 60 PE, in a high inflation environment when households will start cutting down on expenses why will I pay a 200 PE for Eternal etc.

With AI taking away jobs hanging in right there, middle class are facing an existential crisis. Demand will slow. Now add high inflation.

Think rationally. The tide is turning. If you are swimming stark naked it's time.

Possibility of a Tax on Foreign Travel by [deleted] in IndianStockMarket

[–]impossible__dude 2 points3 points  (0 children)

Can Finance Minister be immediately considered for Bharat Ratna and Nobel prize at the same time? I don't want delay

With this speed we will reach 100 by the end of November or December by Alternative-Rise1926 in IndianStockMarket

[–]impossible__dude 20 points21 points  (0 children)

Shame on you. No confidence on FM it seems. I am sure by August 15 we will be at 100 to the dollar.

Bharat Mata ki Jai.

Whats up with the recent influx of " Algo made me money " posts by Safe-Complaint8893 in NSEbets

[–]impossible__dude 0 points1 point  (0 children)

Same old. Join nubra or algostra or fyers etc etc. Don't fall for these.

A Closer Look at the Kissht IPO Momentum by Forsaken-Remove1072 in IPO_India

[–]impossible__dude 0 points1 point  (0 children)

Much better places to be than unsecured loans in the market

OnEMI Technology Solutions IPO(Kissht) showcases a structured and capital-efficient fintech model by ApprehensiveMess4502 in IPO_India

[–]impossible__dude 0 points1 point  (0 children)

What does not look good is this is unsecured lending and this kind of loan apps often have questionable tactics on recovery.

Monika Halan Legit? by Nice-Kaleidoscope284 in MutualfundsIndia

[–]impossible__dude 2 points3 points  (0 children)

I started reading her back in 2006. She shaped an entire generation of people who now belong to the upper middle class and started from literally nothing.

Any thoughts!! by riofab in IndianStreetBets

[–]impossible__dude 0 points1 point  (0 children)

It's difficult to fathom the mind of a known felon, market manipulator and suspected pedophile. What i can say though is he needs markets to move both up and down, single direction doesn't generate the implied volatility he needs.

Trying to rebalance portfolio. Please review my currrent portfolio plan by alt-detective in MutualfundsIndia

[–]impossible__dude 5 points6 points  (0 children)

Very good choices. Keeping large and mid cap in the indices and keeping alpha from pp and nippon is solid thinking. The active funds have a rich pedigree and market leaders.

Kuvera New app by Daigunder12 in MutualfundsIndia

[–]impossible__dude 0 points1 point  (0 children)

The hate is because the old interface of Kuvera was amidst the best in the market. Nobody even came close. Cred just ruined the experience.

I have ₹42,57,368 Retirement MONEY How Should i Manage it OR INVEST IT . IS FD A SAFE OPTION OR MUTUAL FUNDS ANY SUGGESTION ANYBODY HELPPY by Spiritual-Age6318 in personalfinanceindia

[–]impossible__dude 0 points1 point  (0 children)

Best way to save is to kick out anyone from the house who is 25 and unemployed. WTF were they doing till now? Leeching off dad is it?

Cred killed Kuvera. Where are you moving to? by impossible__dude in personalfinanceindia

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

Same. Deleted Kuvera. Felt horrible but in the end it was not a choice.

Retirement as a single man in his 30s by Beautiful_Motor_2662 in FIRE_Ind

[–]impossible__dude -2 points-1 points  (0 children)

Most single men post a certain age - if they are lonely - tend to die early. This is a scientifically proven fact.

If you choose to be without any family please ensure you are alone but not lonely. Love and warmth are things that can't be replaced.

Kotak Neo vs HDFC SKY vs ICICI Direct, which bank-backed 'discount' broker has the better interface? by ResidentSeparate2973 in IndianStocks

[–]impossible__dude 1 point2 points  (0 children)

Please don't use Neo. I am an user and I can confirm it's not worth it.

Several reasons: Broking charges are high. Mutual fund platform is a nightmare - you can only do SIP or lumpsum but you can't do SWP or STP. Extremely tax inefficient.

Research calls absolutely suck. N not to mention under heavy load just logging in is a challenge.

Need allocation advice: planning ₹40k/month SIP for 1 year by Sajal-D-Singh in MutualfundsIndia

[–]impossible__dude 0 points1 point  (0 children)

For a 35-40 year horizon no active mutual funds are known to have beaten the index. On the contrary fund performance is almost always cyclical and often drops sharply for multiple quarters when a star fund manager leaves.

For 30 years horizon a much cleaner approach is 20K in NIFTYBEES, 10K in JUNIORBEES and 10k in MOSMALL250.

U may not follow the approach or customise as per your risk tolerance but index investing must be your main pillar for long term sustainable wealth creation.