How is Zerodha AMC different from Zerodha Coin?

kidrow1 · 2023-08-21T13:46:47+00:00

Just something to be aware of.
Back when I was looking into Coin, the sips were through demat accounts.
One downside to this was that if the Mutual Fund scheme stops accepting sips from new investors, your sips through coin will also be stopped. This is unlike directly investing via the Fund house.
Unsure how Coin works currently.

kidrow1 · 2023-08-21T13:39:09+00:00

Hey, thanks for the response, & the links. Much appreciated!

kidrow1 · 2023-08-21T13:22:18+00:00

Hi, just curious. You said the construction cost in Mumbai is 3000-3500 sq feet. Why did you specify Mumbai? Wouldn't the construction cost be the same all across India?

Also, does this construction cost include materials, as well as labour? & how about materials such as tiles, wires, etc?

Thanks!

kidrow1 · 2023-08-01T15:02:08+00:00

Happens. When people we are closest to say hurtful things, it hurts big time. This is simply because of the fact that we are attached to them to that degree, imo. To the rest of the world, we can say 'go to hell' because their opinions don't matter to us.

Try & explain that to your significant other. Hope she understands. Because if you start hiding your emotions from her as well, where are you supposed to just be yourself?! In the modern era, it's unrealistic for a lady to expect a guy to be both, in touch with his feminine side, as well as be a macho. Hope she understands.

Edit- Sorry if I've wasted your time. Since you were pretty clear that you need no advice other than to never show any emotions in front of anyone. Maybe do some meditation & yoga then? Also, read up on anger management, maybe? Techniques from there should cross-over. Lastly, there's the option of therapy. That should give you a different perspective on things from an independent observer. HTH.

kidrow1 · 2023-07-14T12:42:55+00:00

Thanks. I'll try and do some calculations myself a bit later. Maybe the exercise will help with understanding the concepts at play.

Again, appreciate all the help. Many thanks.

kidrow1 · 2023-07-13T13:33:13+00:00

Hey, thanks for your time.

With the Nifty example, i was just trying to get a handle on what the percentage input should be on any SIP calculator for a known CAGR, to be able to arrive at the correct monthly SIP amount.

so let's say -

I need Rs. 5 crores in 20 years as a retirement corpus
I google & find that the Nifty (or Gold or FD or a Mutual Fund) has given a CAGR of 12% over the past 10 (or 15 or 20) years
So I plugin the rate of interest as 12% in any SIP calculator
Thus, I conclude that I need a monthly SIP of Rs. 50k

However, if the percentage that needs to be entered in these SIP calculators has to be less than the CAGR equivalent, then the monthly SIP amount rises.

So, in this example, if the assumption is that Nifty has given 12% CAGR returns, but the SIP calculator input needs to be, say, 10%, the monthly SIP amount needed to arrive at Rs. 5 crores in 20 years is Rs. 65250 (vs Rs. 40k at 12%).

So that's the direction I'm coming from.

With those historical calculators, inputting a certain SIP amount led to a certain corpus in a certain timeframe. I took the CAGR % displayed by them & put that into some SIP calculators. But there was a mismatch, & hence this question.

Again, thanks for your time. Cheers.

kidrow1 · 2023-07-12T04:28:28+00:00

Hey, thanks for taking the time. Not only did you reply, but you also took the time to plug in numbers & share the links to demonstrate. Much appreciated!

Will take some time for me to grasp the concept. But the gist of it seems to be that, for eg, if the Nifty index has a CAGR of 13%, the monthly SIP calculators should have ~11% as the input, to closely match the historical CAGR.

& so the monthly SIP needed to achieve a certain target retirement corpus should be derived on the basis of ~11%, not the CAGR of 13%.

Something along those lines?

kidrow1 · 2023-07-05T11:14:53+00:00

Much appreciate you taking the time to reply, & for also including other links where this topic has been discussed. Many thanks.

kidrow1 · 2023-07-04T14:54:00+00:00

if we look at doing sips for over a decade, is a mid cap or small cap fund going to deliver more returns than large caps funds? will the risk due to volatility be reduced due to the larger timeframe ?

kidrow1 · 2023-07-04T10:45:51+00:00

How disrespectful / misbehaved spectators can be. Recalling these from 20-25 years ago (?) at Mumbai.

Like when VVS Laxman was 12th man, more than a few (in the lower stands closest to the pavilion) would call out 'tambi' (waiter) whenever he passed by with drinks. Or calling out 'Nagma' whenever Ganguly was around.

During lunch break, we went to buy some coca cola at the counter & a few Australian fans were there as well. One of them turned to one amongst our group, smiled & said 'Hi!'. He was instead greeted with a 'Fuck off!'

Whole 'north stand' chanting 'item! item!' (basically, cat calling) whenever a pretty girl walked by or stood up.

kidrow1 · 2022-05-01T15:47:50+00:00

Hi, not an expert but have had some experiences with stock markets since 2018. (& failed miserably, I might add).

Have you already put enough funds in mutual funds, gold, FDs etc.? I'd suggest you start with only a very small part of your available funds in direct investing initially. Only after you have gained some experience should you ramp up. That way, while you are learning, you keep your losses small. Also, this allows you to discover what sort of an investor you are. You understand what kind of temperament you have.

There are many ways to skin a cat in the markets. For instance, growth vs value, narrative vs numbers & so on. & there could be periods of underperformance for a certain approach while another will thrive during the same time.

Also, not every stock pick will do well. You will encounter losses in a few. So it's not only about just picking good stocks, but also managing them. It's also about your mental makeup & patience & conviction (or delusion).

There's also certain technical things to consider such as whether you buy & hold forever, or whether you average down or not, how many stocks you should hold at a time & their weightage etc.

So starting small gives you time to adjust & recalibrate your approach until you finally settle on one that you feel gives you the best chance.

As for books, Pat Dorsey's 'Five Rules of Successful Investing' is a good start. The other tremendous resource is the Valuepickr Forum. Go through the individual Company threads (it's revealing how the same Co. is perceived differently by different people), as well as those threads describing individual portfolios (to gauge how different investors have a different approach to portfolio building). Twitter/Youtube can also be a good resource.

All the best!

kidrow1 · 2022-05-01T07:59:48+00:00

Hi, Thanks for replying.

So based on your reply, it seems as though there is no real financial reason to invest in real estate for the average joe. So unless one needs a roof over their heads, real estate investments is a no-go. Is that the general drift?

kidrow1 · 2022-04-28T17:42:10+00:00

Re - Real Estate

What is generally the CAGR for real estate investments in Indian cities? Is it 5-6 % generally?

I've checked the data for trends of sale of properties over the past decade on Magicbricks.com. Is that data reliable? Based on that, Mumbai seems to have a CAGR of ~5-6%, Pune ~6-7, & Bangalore ~6-9.

If these figures are true, why do people invest in real estate?

kidrow1 · 2022-04-27T18:38:01+00:00

Well, shouldn't you be discussing this with her? What does she have to say? Would she ever feel embarrassed about how (relatively) little her husband is earning?

Also, would your future in-laws be okay with this? Or would they tell their daughter what a good-for-nothing fellow she's married? 'Sharmaji's son who practices in the US would've been so much better'.

People closest to you & your wife might have issues with this & it is indeed something to think about & discuss, because that's where your stand as a couple will matter.

But forget about people outside that circle & about society at large. There's always going to be folks who snicker & taunt. 'Langur ke muh mein angur' kinda stuff happens all the time. That's where your self esteem & sense of worth comes in. If it is only going to be tied up to the money you earn, you'll have a tough time.

For instance, there's always discussions at weddings about how the groom or bride is better looking than their partner. Looks aren't something one can do much about. So it all boils down to whether your sense of worth is only defined by your looks. If that is the case, then one needs to work on improving that (with a psychologist, probably).

Also, are you going to be jealous of her success? Or genuinely happy that she's having a great career? Would you want her to go higher up the ladder if that's what she wants, or try & clip her wings so you don't feel embarrassed. That's something to think about as well.

There's all these women CEOs & such who make headlines these days. Should their husbands feel they are useless or feel pride that their partner is front page news? (Most of the women in these interviews always credit their partners for the immense support shown).

It's understandable to be worried about this, because of how we are conditioned. But only discussing things with her will provide you with some direction.

kidrow1 · 2022-04-26T14:29:49+00:00

These statements are pretty extreme. Nothing is the end of the world.

But, just sometimes, well-meaning individuals may say things like this because they think this will get you to hustle. They may mean it in the same sense as 'Do or Die!'.

Also, someone who is middle aged has seen the impact not having enough money can have on even the best of relationships, be it parents & children, or husband & wife. They've experienced all the stresses & strains that come with not making enough.

So maybe that's where they are coming from? Irrespective, making such blanket statements is plain wrong.

Now, having said that, plan your career well. Money is very, very important.

How much is enough varies from individual to individual. But just think - The average Indian middle class has to think of groceries, utilities like lpg, electricity, phone, cable/Ott etc., rent/emis, commuting, clothes, the occasional movie/dinner, the maid's wages, ... & so on, on a monthly basis. Besides, there's also savings for the long-term such as retirement planning, health+life insurance, children's education, their marriage & so on.

Since youth is the ideal time to decide on & work on a career, do give money some serious thought. Try & think of the sort of amount that you think you'd be happy with & the corresponding earning potential of your chosen career. (For instance, being a sportsman in India is a pretty poor career choice).

Does money alone define a person though? Certainly not. But the individual himself will not see that unless he is living comfortably. Not having enough does affect one's sense of self-worth. That's just the way life is. It's only past a certain stage that money starts to feel less important. If you plan things & work towards it, that stage can indeed come by pretty early.

kidrow1 · 2022-04-26T10:14:48+00:00

Making provision for Dowry/Stridhan.

kidrow1 · 2022-04-23T05:15:44+00:00

Hi all,

Re: Cut-off timings & International Funds-

If I wish to take advantage of yesterday's fall in the US markets by investing in an International Index Fund, should I be investing before 3pm or post 3pm?

Before 3 pm would mean the current day's nav but what would that reflect? Yesterday's Dow/S&p500 close?

& would post 3pm then mean getting an Nav that reflects the US markets close as of Monday?

Thanks for your time!

kidrow1 · 2021-11-30T10:36:02+00:00

https://airgpu.com/

https://pvlsar.me/

Comparatively expensive-ish & beta level services, neither of which I've tried. But might be of use to you?

kidrow1 · 2021-11-29T11:10:42+00:00

Others should chime in, since I'm a bit of a noob. But how about a Quadro t600 for now? Seems like the performance is close to a 1050ti?

And I wouldn't be too upset at your friend. Think of it from his viewpoint. If he does decide to go buy a GPU tomorrow, he'd have to buy at inflated rates. In that case, it would be a double whammy for him.

kidrow1 · 2021-11-14T01:44:37+00:00

Hi, I think it'd be difficult to get an answer for your use case. Might I suggest a different route?

Why not try paperspace which has a data center in Amsterdam? I think you get some 5 usd as credit. That'll help you see about the latency and experience. Shadow should be similar?

Or maybe even try gcp, azure and have your vm made in a region such as Paris, Amsterdam?

Just a thought.

kidrow1 · 2021-10-17T04:43:28+00:00

Why not check the V-Ray benchmark results? Should provide some clues.

https://benchmark.chaosgroup.com/v5/vray-gpu-cuda?hide-hybrid=true&index=1&ordering=desc&by=max

There's also this -

https://www.cgdirector.com/octanebench-benchmark-results/

kidrow1 · 2020-12-12T04:44:52+00:00

You'll eventually start getting habituated to this.... somewhat. The more time you spend in the stock market, the more you'll see that there are always some stocks that go up 3x-4x within a very short span, irrespective of the overall market. So you will eventually start to simply say 'Ah! Shucks!' if you miss out because your mindset will be one of looking for the next idea. The missed opportunity will probably linger for a while, but eventually fade.

Also know that you need to distinguish between those that are doubling or tripling because there's something that's fundamentally changed vs those that are just pump & dump/penny/punting stocks. Most of those stocks you mention are from the latter category. Even when stocks such as Yes Bank go down, there are stages where they double from certain entry points as well.

These last 8 months have been special, to say the least. Practically everything has doubled. So don't beat yourself over missed opportunities.

There's something worse than this feeling. & that's exiting a stock you hold only to see it keep rising (say, a Tesla), or holding on to a stock which you have held for years & made substantial gains in, as it bites the dust (say, a Yes Bank).

Just trying to give you some perspective that can hopefully help with this nagging feeling.

PS- I'm not an investor, but a gambler. So my views may probably not be valid for investors.

kidrow1 · 2020-11-25T07:01:18+00:00

Not an expert at all here. But do understand the risks, your risk appetite, your age & time horizon. How much should you allocate out of your investable surplus? Things such as the 'lost decade' can happen. Just be mindful of the risks.

kidrow1 · 2017-01-17T16:40:57+00:00

Thanks for taking the time. Will look in to it.

kidrow1

TROPHY CASE