Today I learned that a lot of people think that paying minimum due on credit cards avoid penalties and interest. And they end up paying 30% plus interest annualised on balance due.
Why is it not explicitly mentioned on the minimum due figure that this is bare minimum and this incurs heavy interest on outstanding amount along with interest? Can’t RBI and finance ministry mandate a rule that against minimum due amount on statement they have to clearly say how much extra interest people have to pay if they only pay minimum due?
Please retweet so that this reaches the right people. I will also be reaching out to the RBI
To find Big Winning Stocks, you must know what winners look like
Check out the TradeLyf September 2024 Model Book 📈
In-depth chart study of September's best trades!
(it's free)
To get it:
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• Reply "Done"
and I'll DM you the link (make sure you're following)
With market breadth deteriorating quickly, it is important to plan your moves ahead of time.
This is a step-by-step guide how I go about my trading in times such as these.
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Taking inspiration from the @traderlion Model Book, I have made the Model Book for Indian stocks for February 2024.
To get the model book:
1. Follow
2. Retweet
You will get the model book in DM
Shoutout to @RichardMoglen, Ameet, @rosshaber and @nickschmidt for the idea.