@raghav_chadha Picture mai govt ke against mai jo sab bole hue hai last 1 sal wo bhi dal dijiye ga ..with date and time ke sath.. logo ko bhi pata chale aap kiti sare bar govt ki alochana ki hai ..
@kirubaakaran What about the case where people use selenium tools to automate trading ? Do you think there is anyway that the broker is still able to identify if the button click is from a bot or a human ?
@satishtheta@zerodha That's how the system works at India. If the user misses out on margin or anything like that then they ensure they will get it recovered from you. But when it's their turn ...you will get a sorry 😬
"I have 30,000 to invest, should I buy silver? What fund do I buy?"
I am seeing a lot more friends, family, and folks in general reach out for advice on their portfolio in the last few months. It is probably because volatility is so high across asset classes, returns over the last year have been muted to negative for some, and noise and confusion prevails. The reality is: neither me, nor anyone else, can give you a quick fix for a portfolio. Investment advice requires time and context. But a few thoughts for everyone:
1. Please educate yourself on the basics. Too many people want to buy funds, before learning basic finance. Diving before learning how to breathe. Not a book plug, but if you need a starting place, our book Mango Millionaire is a good one.
2. Make a personal investment statement. Document your money situation and needs. Cover four things - 1) income and expenses, 2) current investments and liabilities, 3) goals and timelines, and 4) your thoughts on risk - losing money.
3. Please go talk to a good personal finance professional - either MFD or investment advisor. Take this document to them as a starting point. Talk to multiple folks if you want, and then find someone you are comfortable with.
4. Do not rush to make a financial monument. You don't need to have a direct stock portfolio, figure out whether to buy silver or find a PMS. All of this can wait till you find your feet.
5. If you haven't started, start. If you have started and made mistakes, relax. Everyone does. The financial crisis of 2008 was caused by some very smart people making mistakes. You are allowed a few too. Relax, reflect and learn.
Market corrections are a bit like board exams... Painful, but extraordinary teachers. Pay the tuition fee, and move forward.
When I first researched Knorr, I was shocked to learn that this is the no. 1 ingredient in most of its soups:
Maida.
Soup is supposed to be predominantly water or broth or vegetables. But the sad reality is:
- Knorr mushroom soup only has 2.5% mushrooms
- Knorr chicken soup only has 2.2% chicken.
- The first ingredient in Knorr’s Tomato “Chatpata” is sugar.
When I was growing up my parents would not let me have tea and coffee and instead they would give me Knorr soups during winters as they believed it was healthy.
The saddest part is, Knorr UK has completely different ingredients than Knorr India.
For how long will international food companies give inferior quality products to Indians?
So my advice is: “Ig–KNORR” Knorr’s ads and have homemade soups instead.