General Trading Chat

[ravi2126]

Octopus Abhi jinda he

 

[Smart_trade]

People pay him Rs 50,000 per year for listening to this trash....unbelievable....

Smart_trade

 

[ncube]

Agreed,considering inflation it could be worth Rs 1-2 Cr of today’s value which is not too small an amount.Also we have assumed constant SIP of Rs 10,000 but in 30years the incomes are going to go up so the SIP amount can go up by say inflation percentage every year and that will take care of effect of inflation.

I was reading an article which came yesterday on Senior Citizen Day.....according to a survey conducted ,47 % of senior citizen ( above 60 ) are in financial insecurity and they have to swallow insults for want of money and this is a very high figure.On my evening walk I meet some senior citizen who don’t have Govt pensions and as someone tells them that I am from Stock markets,they come and confess that they are barely able to manage expenses with the savings they have.One old uncle who retired 20 years back, has a own flat but he has only Rs 25 L which he has invested in bank FD ,senior citizen saving scheme and he gets 17-18 K monthly income .He stays with his wife in their flat and he has no children. He says he spends sleepless nights thinking about how to meet rising expenses in future,he is not able to take any vacation as vacations are expensive,cannot paint their flat,cannot do modifications in the flat .....if there is any serious illness,it will punch a hole in their savings.But now it is too late to take any remedial action.In present time anyone retiring with less than Rs 1 Cr after providing for house,children education etc will find it tough to lead comfortable retired life if we take life expectancy of 85 years....he has to keep investing part of the income in mutual funds to take care of inflation.

So from the age of 35-40 one has to plan for future and invest .Earlier we start, larger amount we can accumulate without feeling the burden.

Smart_trade

Gem of an advice sirji, I feel even 35-40 is late, looking at the job security, stress and corporate lifestyle these days, it is better that one plan for alternate sources of income by 40yrs. Hence one should start investing right from the day he starts working. When I was young there were no one to give me financial advice, I lost my father when I was doing my engineering and I come from a middle class family, It was a painful struggle but it gave me the maturity to be conservative and save for future. These days there are a lot of resources available for youngsters and they can plan their financial future better and should make best use of the knowledge. Starting early gives one the opportunity to save conservatively and still make a big difference in later years.

 

[travi]

People pay him Rs 50,000 per year for listening to this trash....unbelievable....

Smart_trade

This time around I thought i'll spend my 17min on something else so giving the video a skip

Hope he has conceded with same humility for the Yes Bank "Open challenge to all Brokerages" chest thumping he did for last week
It was down 22% for that week, but these ppl have no problem, enough capital to be -50% and smile on TV (SL is for fools)

 

[Dr. Jan Itor]

Clash between farmer's protest rally and Police on Delhi border. Election season has arrived.

Internationally, Trump calls India "Tariff King", brent touches 85 on Iran sanctions and rupee does not sustain below 73.

 

[timepass]

Agreed,considering inflation it could be worth Rs 1-2 Cr of today’s value which is not too small an amount.Also we have assumed constant SIP of Rs 10,000 but in 30years the incomes are going to go up so the SIP amount can go up by say inflation percentage every year and that will take care of effect of inflation.

I was reading an article which came yesterday on Senior Citizen Day.....according to a survey conducted ,47 % of senior citizen ( above 60 ) are in financial insecurity and they have to swallow insults for want of money and this is a very high figure.On my evening walk I meet some senior citizen who don’t have Govt pensions and as someone tells them that I am from Stock markets,they come and confess that they are barely able to manage expenses with the savings they have.One old uncle who retired 20 years back, has a own flat but he has only Rs 25 L which he has invested in bank FD ,senior citizen saving scheme and he gets 17-18 K monthly income .He stays with his wife in their flat and he has no children. He says he spends sleepless nights thinking about how to meet rising expenses in future,he is not able to take any vacation as vacations are expensive,cannot paint their flat,cannot do modifications in the flat .....if there is any serious illness,it will punch a hole in their savings.But now it is too late to take any remedial action.In present time anyone retiring with less than Rs 1 Cr after providing for house,children education etc will find it tough to lead comfortable retired life if we take life expectancy of 85 years....he has to keep investing part of the income in mutual funds to take care of inflation.

So from the age of 35-40 one has to plan for future and invest .Earlier we start, larger amount we can accumulate without feeling the burden.

Smart_trade

Gem of an advice sirji, I feel even 35-40 is late, looking at the job security, stress and corporate lifestyle these days, it is better that one plan for alternate sources of income by 40yrs. Hence one should start investing right from the day he starts working. When I was young there were no one to give me financial advice, I lost my father when I was doing my engineering and I come from a middle class family, It was a painful struggle but it gave me the maturity to be conservative and save for future. These days there are a lot of resources available for youngsters and they can plan their financial future better and should make best use of the knowledge. Starting early gives one the opportunity to save conservatively and still make a big difference in later years.

I feel that when the kids start their career after their education, they and the parents should co-operate to save all their earning for the next 2-3 years, while parents support them through this period.

The parents have already supported the kid for 20-22 years, they can struggle through for another 2-3 years. The children should also be humble enough to comply with this and pass on their full salary to the parents and accept the "pocket money" for next 2-3 years. Usually the career beginning is the period when the money goes to the beginner's head.

 

[Sidz]

Clash between farmer's protest rally and Police on Delhi border. Election season has arrived.

Internationally, Trump calls India "Tariff King", brent touches 85 on Iran sanctions and rupee does not sustain below 73.

This means its the time to buy quality stocks. Buy when everyone around you is fearful, sell when everyone else is greedy.

 

[Dr. Jan Itor]

Clash between farmer's protest rally and Police on Delhi border. Election season has arrived.

Internationally, Trump calls India "Tariff King", brent touches 85 on Iran sanctions and rupee does not sustain below 73.

Forgot to add: this week is policy week by MPC. 5th. May be a 25 bps rise.

 

[Riskyman]

SEBI may consider circuit filters for F&O segment as stock prices halve
https://www.moneycontrol.com/news/b...fo-segment-as-stock-prices-halve-3009171.html

 

[ocil]

Hi ST. I hope you are doing good. I need your suggestion to invest in MF for retirement. my uncle age is 46 year and he can invest Rs 15k to 20K per month in MF. He is working in a private company without any PF or EPF. Currently, he has only FD and own house. Thanks for your help.

Agreed,considering inflation it could be worth Rs 1-2 Cr of today’s value which is not too small an amount.Also we have assumed constant SIP of Rs 10,000 but in 30years the incomes are going to go up so the SIP amount can go up by say inflation percentage every year and that will take care of effect of inflation.

I was reading an article which came yesterday on Senior Citizen Day.....according to a survey conducted ,47 % of senior citizen ( above 60 ) are in financial insecurity and they have to swallow insults for want of money and this is a very high figure.On my evening walk I meet some senior citizen who don’t have Govt pensions and as someone tells them that I am from Stock markets,they come and confess that they are barely able to manage expenses with the savings they have.One old uncle who retired 20 years back, has a own flat but he has only Rs 25 L which he has invested in bank FD ,senior citizen saving scheme and he gets 17-18 K monthly income .He stays with his wife in their flat and he has no children. He says he spends sleepless nights thinking about how to meet rising expenses in future,he is not able to take any vacation as vacations are expensive,cannot paint their flat,cannot do modifications in the flat .....if there is any serious illness,it will punch a hole in their savings.But now it is too late to take any remedial action.In present time anyone retiring with less than Rs 1 Cr after providing for house,children education etc will find it tough to lead comfortable retired life if we take life expectancy of 85 years....he has to keep investing part of the income in mutual funds to take care of inflation.

So from the age of 35-40 one has to plan for future and invest .Earlier we start, larger amount we can accumulate without feeling the burden.

Smart_trade