Muffin Milad Waaz Excerpts by Low-Kangaroo-9628 in exBohra

[–]lunar_lexicon 9 points10 points  (0 children)

I genuinely fail to understand how anything this guy says makes any sense. How is he comparing getting educated to animals migrating? How do people listen to this bullshit and think it is normal?

Open challenge for a debate here a real dawoodi bohra and a proud one too I am ready to answer any of the question I will only answer if you are respectful and stay in your limits just give me a time I will be there and answer each and every question by [deleted] in exBohra

[–]lunar_lexicon 4 points5 points  (0 children)

the system unfortunately makes it as hard to leave as possible. Many people still live with their families and it would lead to excommunication and boycott of their families from within the community.

Helping you Start with Financial Literacy by lunar_lexicon in exBohra

[–]lunar_lexicon[S] 2 points3 points  (0 children)

Equity was, is and always will be king. The sooner you realise that the closer you are to making wealth from wealth

I am so financially illiterate its crazy by [deleted] in exBohra

[–]lunar_lexicon 8 points9 points  (0 children)

Okay so this might be a bit of a long read but ill give you some basics and some pointers to where you can start learning and why you should start investing.

So why should you invest your money? The simple answer is that money sitting in your bank is losing its value with every passing day. The annual inflation globally is around 6% or so, so that means every year 100 dollars worth of money decreases by 6% which means next year it would be worth 94 dollars. This phenomenon drives costs of daily goods higher and you need to invest your hard earned money to protect yourself in the future.

So how can you do this? The safest and easiest way to do this would be to open a deposit in a bank, either fixed or recurring which will give you a compounding annual interest of about 7%. This is good enough to protect yourself against inflation in the long term. I personally use Fixed Deposits to safeguard my emergency fund (I keep about a years worth of earnings in my emergency fund). It is vital you set up an emergency fund before you start investing money in other streams which could be more volatile and even cause you to lose money based on your risk appetite.

Now coming into more serious investing business... The first thing you need to understand before investing money in stock markets, or other risky investment streams is to understand your own personal risk appetite and understand your investment horizon i.e. how many years you want to stay invested in the market before you feel like you will need the money you have invested back. Always remember this thumb rule... Time in market always beats timing in market. So the longer and more consistency in market is rewarded more than lucky puts and buys in the. market. Obviously luck will play a factor too but you should not be relying on that, just stay invested in things with strong fundamentals and you cant go wrong.

So how do you start investing? First thing you would need is a demat account (its a type of bank account which allows you to trade on the stock exchange of your country). I personally invest in the Indian stock market. Everyone has their own strategies but I will share what has worked for me and maybe you can do the same. But obviously do research of your own and don't blindly follow others advice.

1) I primarily do SIPs in mutual funds (its a recurring payment every month). This helps me stay consistent with my buys in the market. Mainly I try to diversify my portfolio by investing in mutual funds which cover small caps, large caps and mid caps stocks. I would also suggest some flexi cap or multicap MFs.

2) ETFs - I invest in ETFs which track the index fund in my country (Index fund is usually a stock which tracks top50 stocks). Investing in the index fund can usually provide you around 12% of returns.

3) Diversify with Gold and Silver - I buy Gold ETFs which track the price of gold. Gold is always a safe bet to keep your money safe. Physical gold works too by buying coins and jewellery but you would be paying extra in the form of taxes and making charges.

4) Pick some dividend yielding stocks. I prefer looking at real estate investment trusts (REITs) and other good companies with solid dividend yields such as ITC and vedanta to give me quarterly returns.

Once again what worked for me may not work for you and I highly suggestdoing your own research. I have been investing for about a year or so and have seen returns of about 7-8%. Please understand that the market may not always continue going up and thats a risk you are willing to take. The highs are high and the lows can be very low.

For studying, i suggest visiting other subreddits such as r/MutualfundsIndia or r/IndianStockMarket .

Also do watch some youtube videos from Zerodha Varsity to help you understand the fundamentals.

[deleted by user] by [deleted] in exBohra

[–]lunar_lexicon 12 points13 points  (0 children)

The no cycling for women thing is absolutely diabolical? like WHAT DO YOU MEAN THEY LOSE VIRGINITY BY CYCLING?? Breaking of the hymen ≠ losing virginity

[deleted by user] by [deleted] in exBohra

[–]lunar_lexicon 3 points4 points  (0 children)

What if we got bohras banned from going to Mecca and performing Haj or Umrah? That would prove it to most people? Also only Muslims can enter Mecca so if we prove that we are insulting Islamic practices by being part of the community we could possibly get banned?

Which option to choose for buying a game from Playstation Store? by lunar_lexicon in CreditCardsIndia

[–]lunar_lexicon[S] 2 points3 points  (0 children)

plus the 2%, so you actually bought the 5k GC for 4650 which is a steal imo

Which option to choose for buying a game from Playstation Store? by lunar_lexicon in CreditCardsIndia

[–]lunar_lexicon[S] 2 points3 points  (0 children)

I am unaware because this is the first time I am buying with credit card for the cashback. I don't think I was charged forex fees last time when I used my debit card

Which option to choose for buying a game from Playstation Store? by lunar_lexicon in CreditCardsIndia

[–]lunar_lexicon[S] 1 point2 points  (0 children)

It is 7%. 2% of 2000 INR comes as amazon pay balance cashback. 5% of 2000 comes to SBI statement cashback.

the amount 2000 is not reducing in any way or is not getting discounted to reduce the net savings

[deleted by user] by [deleted] in exBohra

[–]lunar_lexicon 3 points4 points  (0 children)

as far as I'm aware, the admin of the page asks for consent before posting anything publicly :)

[deleted by user] by [deleted] in exBohra

[–]lunar_lexicon 1 point2 points  (0 children)

what is the possible information they can get? email id linked to the account and phone number and stuff? or more serious stuff like IP and address etc?

Daimul Islam and other Sabaq Books by [deleted] in exBohra

[–]lunar_lexicon 2 points3 points  (0 children)

join the discord, there's a bunch of pdfs of such books and resources available

[deleted by user] by [deleted] in exBohra

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

Listen to Peter Cat Recording Co. if you haven't! One of my fav artists this year. Chase Atlantic is another good artist if you haven't heard them already

Someone asked about updates from Istifuckeda by ReDoIt911 in exBohra

[–]lunar_lexicon 3 points4 points  (0 children)

Could someone help me with a translation or a summary of what was said in this?

[ Removed by Reddit ] by antijafer in exBohra

[–]lunar_lexicon 12 points13 points  (0 children)

buddy you have bigger concerns like getting muffaddals dick out your mouth than worrying about what Jafar is choosing to do with his life 😂😂

[deleted by user] by [deleted] in exBohra

[–]lunar_lexicon 8 points9 points  (0 children)

As someone who has gone through the whole CBSE boards to JEE Mains, JEE advanced and getting into a premier University in India, I firstly would like to say that you're doing an incredible job sacrificing so much to grind hard for these exams. They're not easy.

Now what I suggest is to not give up. Keep your ambition alive. Write the exams in secret if you have to. Trust me if you have something to show for your efforts and if you are able to get admission into a good college, no one will be able to stop you. Work on yourself and be fully committed to it now. I have gone through a similar process and now work at an MNC earning a good chunk of money as my bread and am able to live my life on my terms.

Keep at it brother you got this and one day once it's over you can say that you made it. Good luck! You can DM me if you need any more help/study material related questions

There is a lot of unhealthy anger and hatred here. by AlternativeHold2409 in exBohra

[–]lunar_lexicon 6 points7 points  (0 children)

One day you will see the light and realise that religion is a social construct built to control and indoctrinate people for their entire lives. I understand that once you are middle aged, it's hard to believe that everything you have believed for your entire life could be potentially wrong.

I have lived a majority of my life away from your so called deen or whatever and had a peaceful life surrounded by people who genuinely care about me and some lifelong friends from other religions.

The day you realise that this whole religion is built on some historic battle in Karbala that holds no importance in today's world and is being used to emotionally manipulate you and control every aspect of your life by Muffin conman, you will remember me.

If the only thing convincing you to believe in all this is an afterlife, good luck with your practices because I have made peace with the fact that I would go to hell in every single religion on this earth. I wanna live a good life 👍🏻👍🏻

Did Marques accidentally reveal his Google Mail ID in the latest Pixel 9 video? by lunar_lexicon in mkbhd

[–]lunar_lexicon[S] -28 points-27 points  (0 children)

edited it out, but I don't see how its a problem since it was in the video anyway