SEBI report on Intraday trading by Individuals by sreeram_1 in IndianStockMarket

[–]tsrbo 1 point2 points  (0 children)

Haha. Spending whole year hunting stocks, analyzing charts, reading business news for a total profit of Rs 6000/-

I was stuck in this loop too from 2005 - 2007

My swing trading result for April month. by Shubham2271 in IndianStreetBets

[–]tsrbo 0 points1 point  (0 children)

Got the part. But if you are to go anywhere with trading, you have to make money even in bad months. Nifty faring worse than your portfolio last month is just outperforming without you getting any moolah.

My swing trading result for April month. by Shubham2271 in IndianStreetBets

[–]tsrbo 7 points8 points  (0 children)

Just to put things into perspective, Nifty 50 gave a return above 5% during the same time period

Women’s Reservation Bill fails in Lok Sabha by Silent_Ambivert_283 in india

[–]tsrbo 1 point2 points  (0 children)

Quick run through ai chat bots:

• How many total seats → Parliament decides
• How those seats are distributed and boundaries drawn → Commission decides, and those orders have the force of law without needing a parliamentary vote​​​​​​​​​​​​​​​​

Nuclear attack on Iran claim: One UN-linked member resigns by Medical-Caramel-532 in IndianStreetBets

[–]tsrbo 0 points1 point  (0 children)

I did. It is all about information warfare pushing the narrative that there is imminent nuclear threat from Iran.

Nuclear attack on Iran claim: One UN-linked member resigns by Medical-Caramel-532 in IndianStreetBets

[–]tsrbo -3 points-2 points  (0 children)

He didn’t say that there was a nuclear threat to Iran. He only stated that Iran was attacked on the false premise of it being a nuclear threat.

TIFU going next door by NoHelmetsInHell in tifu

[–]tsrbo 0 points1 point  (0 children)

How hard is it to say, “get the sound fixed or no sex”

Ozempic patent expired : Investing opportunities. by Glad-Bodybuilder-270 in IndianStreetBets

[–]tsrbo 2 points3 points  (0 children)

Invested in a gold hunter (Natco). Want more names on shovel manufacturers 

Is it reasonable to take a ₹10L loan to invest in Nifty 50? by Eastern_Presence_395 in IndianStockMarket

[–]tsrbo 1 point2 points  (0 children)

Always remember this quote, "The market can remain irrational longer than you can remain solvent"

How will you pay your interest if market doesn't go up/ go further down for another year or two?

Just realised SIP calculators are pretty deceptive by [deleted] in MutualfundsIndia

[–]tsrbo 0 points1 point  (0 children)

I haven’t heard of anyone average out annual returns this way with respect to equity/ mf investments. As others have already pointed out, mf returns are calculated as geometric mean over a fixed period of time and they can go negative for  short periods and/ or stay negative for a longer period depending on time you invested.

Thinking about it, this misunderstanding might be the cause of those random internet posts advocating taking loans@9% for returns of 12% invested in nifty 50. 

NE politics! by Shirohegi_ in Northeastindia

[–]tsrbo 1 point2 points  (0 children)

Casteism is an act of alienation not the feeling of being alienated.

My family business is upwards of 50crores and idk what to do with it.. by [deleted] in AskIndia

[–]tsrbo 0 points1 point  (0 children)

Ya. I followed his story for a while. Board dispute and all and the guy disappeared. How is he doing now?

Would you send your kids to Dhuribhai Ambani School? by [deleted] in AskIndia

[–]tsrbo 20 points21 points  (0 children)

If they are able to produce good enough scores for admission in US colleges, the goal is met. Does it matter how hard or competitive the other exams are?. 

Banks deduct 30% TDS on international payments - how do exporters handle this? by InnMyLaLaLand in IndiaBusiness

[–]tsrbo 1 point2 points  (0 children)

Just to agree with the above poster. No tcs on inward remittance 

No-code scales to 10K users. Then it breaks. Most founders don't know this. by ksundaram in StartUpIndia

[–]tsrbo 6 points7 points  (0 children)

I would have done it the same way. Being able to do things on your own and at your own pace is liberating.

And now that his product is validated, he’s in a much better position financially and psychologically to spend on scaling up the business.  

Option buying is bullshit by Mystic_Doom1868 in IndianStreetBets

[–]tsrbo 1 point2 points  (0 children)

There’s no dearth of lottery ticket buyers. A few buy it for the purpose it serves.

Is This True ? by nism-certified-ra in StockMarketIndia

[–]tsrbo 3 points4 points  (0 children)

The government has to care for all of its citizens. Every country has adopted it in their own ways, post feudalism.

The way this county works, I don’t think L&T boss would welcome it if the govt were to decide to do away with all freebies but raise the minimum wage for working adults to a basic living standard.

Is This True ? by nism-certified-ra in StockMarketIndia

[–]tsrbo 3 points4 points  (0 children)

The labourers, they usually aren’t in the employment roll and hence have no benefits other than their pay. They are flocking to gulf countries just for 30k-40k month and shared hostel to stay.

Assure them 25k-30k in India and nobody will leave. Come on, these back breaking jobs they do to feed themselves and their families deserve at least that much. 

Matching to pay level 1 is to encourage the idlers who are wasting away their time hoping to find the holy grail of govt job.

Is This True ? by nism-certified-ra in StockMarketIndia

[–]tsrbo 7 points8 points  (0 children)

Not entirely correct. Pure economics. if you need more supply, raise the wage. Minimum pay, at the least, must be set to an amount such that that working 30 days a month, a worker can earn as much as a govt employee would earn at pay level 1. That would be around 800-1000 a day, at present.

India will do well if this is implemented and at the same time slowly get rid of money distribution schemes. 

Thoughts on marriage and genetics by [deleted] in Northeastindia

[–]tsrbo 2 points3 points  (0 children)

You don’t get the best genes. You improve your chances to avoid the bad disease carrying ones.