@AethosWealth I think they are not into dredging where revenue is sticky, they are mostly pivoting towards charter which is a high risk high reward game and stocks like GE shipping is also a very cheap stock, I don't see how it will generate alpha.
Any counter thesis
Made in India electric vehicles are now driving onto the global stage. It reflects our nation's growing strength in green mobility. Addressing a programme in Hansalpur, Gujarat. https://t.co/sZZ7ZCSys1
A Middle Class Person wants to Buy 2 Wheeler for his family. He works hard, saves money & test rides a Honda Activa 110 CC. He feels it is good.
He enquires the cost.
Ex Showroom Price is ₹75000. He realises that this price includes 28% GST (around ₹17000). 28% YES, THAT'S RIGHT.
₹6000 Road Tax.
₹14000 Registration Charges.
Both PAID TO Government.
₹5000 for a Motor Insurance (18% GST ₹900 to Govt). Yes that is 18% GST.
Accessories ₹6000 (GST included)
So, now he totally has to pay ₹1,06,000.
He calculates that he eventually pays 60% to Dealer & 40% to Government. He has already paid 30% tax to the Government in the First Place 😀😀
He feels a bit let down. But then he asks himself:
- Why am I Paying 28% GST on a 2 Wheeler when I have paid 30% Tax already on my income?
- Why am I Paying 18% GST on Motor Insurance when this is supposed to Protect me in case of Accident?
- I am not taking any Loan, but still I Pay almost ₹40000 to Government just to buy a Vehicle for my Family. I pay ₹66000 to the Vehicle Dealer. He also has to make some money out of it.
So I am actually paying Government so much for the Vehicle.
He asks these questions, but realises that he is Middle Class. He pays the Taxes, buys the Vehicle, Takes Photograph & Goes Home to Enjoy with Family. He goes back to Work the next day, so that he can afford many other things. Cycle Continues...
This is the Story of Every Middle Class of India 😀❤️
@FinMinIndia - You need to answer the questions asked by this Middle Class Person. Don't you think?
If you are a Hard Working Honest Middle Class Reader like Me, Share this Story until the Government takes notice & Becomes Accountable.
#FI
Now u will see expert comments on Iran escalation ,Fed not cutting rates, elections getting close etc etc
We are in a bull market for next 6-7 years atleast. There will be multiple corrections of 10-15% on the way. There will also be a larger one ( 25% +) at some time .. but it’s integral to equity investing.
DO NOT lose sight of the BiG Picture- that’s India leading d global growth n becoming $10 trillion economy
Have a Goal for 2030.. stick to your plan put & keep adding on dips when u have liquidity!
@connectgurmeet Sir ji thank you for showing us the way, please share your views on chemical sector, stocks have shown good run up in the last week or two, has the sector bottomed out 🙏