Investing demands patience. One needs 2-3 big wins. Buy in quantity - 1k or 10k makes big difference. A 20x gain with 1k qty will not make any difference. Find few small companies where u see potential. invest 1L to2L in each.
@jaganmsna@sumedhbhagwat96 don't defend them sir - these are done to give exit to someone else nothing else - to justify why LIC invested - they bring in that criteria - why only LIC invested and no one else? All this is just to give exit or some times to park some holding for some time
Indian traders are switching to Nasdaq Futures over Nifty! 🚀 Here’s why:
Nifty futures trade only 6.25 hours (9:15 AM - 3:30 PM IST). Big overnight gap ups & gap downs kill strategies & trap traders daily.
Nasdaq futures? Nearly 23 hours a day (with short break). Much smoother price action, fewer nasty gaps. You trade when the world moves!
Margins: Nifty needs ~₹1.75 lakh per lot. Nasdaq E-mini (NQ) margins are often lower relative to exposure
Points game: Catching 1000 points in Nifty in a month? Almost impossible. In Nasdaq? Traders do it regularly.
Profits: 1000 pts in Nifty = ₹65,000
1000 pts in Nasdaq futures = $20,000 (20x multiplier)! Game changer.
Time to level up! Less stress, more hours, bigger moves, real profits. Who’s already trading Nasdaq futures? Drop your experience
Does @zerodha & @_groww provide facilities to we Indians to trade US benchmark indices sitting in INDIA via their Gift Nifty set up
If your portfolio is big: I am advising you an your elder brother-- please setup an investment account outside India. It is painful. But, your kids will thank you for this.
There is no end to dealing with:-
1) LRS.
2) Then thinking constantly about taxes.
3) Then worrying about currency depreciation.
4) Then not having access to investment options (eg. selling puts/calls)
5) Not having freedom to move your capital.
If you portfolio is more than 1.5-2Cr, starting thinking about having global investment accounts. These give you more investment options.
You can buy Singapore REITs, US stocks, European Assets etc. More importantly, you can leverage opportunities.
See, the world is volatile. There are local bubbles bursting every few years. First it was Europe. Right now it seems India. Few years, it would be there somewhere else.
You will build generational wealth by investing in quality economies in troubled times.
More options= more wealth.
People fire back: but, since I am residing in India. My tax structure does not change. True.
Having a global investment account unlocks more investment options. That's the sole purpose. Tax residencies are different.
If you have a good wealth base, start diversifying your options. Your kids will appreciate :)
How to do this....
People don't realize that managing such a huge country with diverse cultures is itself a big achievement of govt - We were no where on world map 10 years back - now everything is happening from nal se jal,roads, trains, ships, space, defense, chips - have patience friends
If we talk of Freebies , it is every where.
In USA there is Foodstamp. There is subsidy for health Insurance Premium for low Income families and Individuals and trust me, those are Huge Subsidies, as big as, a family can live very nicely every month / whole yerar in USA if that subsidy is given directly to Low Income families...
For Eg if we take Germany, where 51% pay tax, but free transportation is for the rest 49% too who don't pay Tax. You know Germany population is 7 Cr and 51% pay Tax , means 3.5 Cr Pays Tax, that figure is even more then whole India Pay tax!!
One can't ask for facilities from what he pays as Tax.
You can't say, I pay so much of Tax and how much facilities I get? When we have 140 Cr Populations and only 3 Cr tax Payers , then that will happen. India can't give more facilities to all Tax payers.
You are asking, I pay Tax but what I get? You are asking individually, maybe not per person, but whoever pay Tax,
And India is a POOR Country. Don't ask for facilities like developed countries. Hamko kya milta hai? Road kahan achha hai? More facilities can happen if we touch $30 Tr economy and that too not that much u ask for, because we have 140 Cr population to take care and not 30 Cr like America!!
Previous government ne Vote Liye garib ke, lekin dana pani nahi diya, sirf Slogan diye " Garibi hatao "...
Modi is atleast giving Dana pani and taking votes....
And those money which were not used for Poor never came for facilities for people....
Remember one time we have 99% Income tax!!
Some Die alone with no one around-while some Die with 100's around-What difference does it makes - Death is Death - You will be forgotten the next day for 99%-while 1% may remember you for few weeks - We are here for few moments - do your karma & enjoy the journey called LIFE