Gopinath C J, CFP

Managing partner, Manifest finserve,Amfi registered MFD

[AIM Investments @AimInvestments]

10. SG Finserve

[Advait Arora @WealthEnrich]

BSE Sensex at the start of each decade:
1990: ~700
2000: ~5,000
2010: ~20,000
2020: ~45,000
2030: _________
Yes the market feels tense today & you are unsure or maybe a bit concerned.
But every single decade had its fears & every single decade, India has delivered.
The trend is clear & India compounds...sometimes sowl & then sometimes suddenly.

Question is not what the market will do, its is what YOU will do !

[Mahesh 🇮🇳 @invest_mutual]

@Camsonline
Kindly inform when the GST payouts will be completed. Some funds like @PPFAS and @heliosMF are pending and your WBR 113 is not quite correct and does not give proper information

[Balu Gorade @BaluGorade]

If LTCG goes to zero, two scenarios:

1. FIIs may take it positively, return gradually, and markets could lift.

2. Tax free gains may trigger faster profit booking, increasing short term volatility.

How do you see it? 👀

[Jash Kriplani, CFPᶜᵐ @jashkriplani]

NPS subscribers turning 60 can now keep their corpus invested and draw a regular income until 85. A look at how PFRDA's Retirement Income Scheme works — and which withdrawal structure suits which retiree. https://t.co/htVe1OxMth

[Vinodsrinivasan @vinodsrinivasan]

Hormuz chain may still play out. It may not. I do not know, and neither does anyone on your timeline who sounds certain.

What I do know is that the people who survive these cycles are the ones who keep buying small, keep questioning their own book, and refuse to confuse a headline with a thesis.

That is the trade.

[Gopinath C J, CFP @gopicj]

@Amerikannadiga Best Kali dose, benne Murukku & carrot halwa in south Bangalore

[Gopinath C J, CFP @gopicj]

Yes sir I know, bcos I was a member of Bangalore stock exchange till 2009.

[Balu Gorade @BaluGorade]

Did you know?

India once had 23 stock exchanges.

Most were city based, Ahmedabad, Calcutta, Delhi, Madras, Bangalore, Hyderabad and more.

Then NSE arrived with electronic nationwide trading.

Liquidity naturally shifted to where volumes were highest.

SEBI's stricter compliance norms made survival harder for smaller exchanges.

Today, only NSE and BSE dominate.

[Abhijit Chokshi | Investors का दोस्त @stockifiabhijit]

Every Market phase, leading sectors are different:

1) 1997 to 2000 - IT sector

2) 2003 to 2007 - Reality and power

3) 2009 to 2014 - Pharma

4) 2015 to 2018 - Financials

5) 2018 to 2021 - Chemical and IT

6) 2021 to 2025 - PSUs/ EV / Power

7) 2026 onwards - _________?

[Gopinath C J, CFP @gopicj]

It’s LATEST FOMO

[Balu Gorade @BaluGorade]

Global investing is a hot topic today.

But I don't have the confidence to deploy fresh money right now, looking at valuations and the recent run-up.

Anyone deploying fresh money here?

[Muthukrishnan Dhandapani @dmuthuk]

Not to boast. Want to clarify few things. When Rahul responded to my tweet, many immediately said I'll get new clients.

After 2017, I thought enough and decided to retain only existing clients. Many well to do people persisted with me to take them as clients. I can definitely earn 10 times more. Become the largest individual distributor in the country. I said no. I've decent wealth and let it grow. That's good enough.

Some mutual fund distributors have asked how to deal with VIP clients.

Be it Rahul or any other VIP client, you can be your own only if you seek nothing. Stick just to professional process and have a nice general talk.

I've interacted with Rahul lot of times in the last 14 years. I've never sought anything, even a smallest benefit from him. I'll stick to professional discussion. Then we'll some times chat about general things for a while.

If you want to be respected and treated as equal, don't expect anything from anyone, more so with powerful people.

This is possible only if you believe you'll get what you're destined to get. I've never done any networking in life, still know many important people in the society.

There are lot of experiences and interactions with certain people which I cannot share in public domain.

I strongly believe in Ramana Maharishi. Both in my office and at home, I've Ramana's photo on my working desk with following statement:

"The Ordainer controls the fate of souls in accordance with their past deeds -their prarabdha karma. Whatever is destined not to happen will not happen, try hard how you may. Whatever is destined to happen will happen, do what you may to stop it. This is certain. The best course, therefore, is for one to be silent." - Ramana Maharishi

[Gopinath C J, CFP @gopicj]

Both have great track record of past performance

[Ashu Madan @ashumadan4]

What are the similarities between HDFCBANK and Surya Kumar Yadav ? 😊

[Gopinath C J, CFP @gopicj]

Benchmark returns is it TRI , please confirm

[Aditya Gupta @DrAditya2935]

@sandeepjethwani Hi, Mr. Jethwani.
Saw your(Deserv) ads.

Got me intrigued. You claim higher returns than Nifty 50. Is the 14.29% after PMS fees or before?

Because if you take 10% of the profits as fees - the return is exactly the same as Markets. (12.8%)

[Investing @ Prakash @Prakashplutus]

🚨 Hard Truth Every Investor/ Trader Must Hear:

Never build your lifestyle on stock market income.

Trading profits are mostly Lumpy. Unpredictable. Can vanish overnight.

Your rent, EMIs, groceries , School Fee , bills ?

Brutally consistent., Every single month.

Live on your SALARY or business cashflow.

Let the market build your wealth — not fund your lifestyle creep.

This one mindset has saved more portfolios than any strategy.

Telling you with my personal experience.

You can retweet, it will not hurt you and it may help few people around you 😊

#Investing
#StockMarket

@plutusadvisors
@preetiplutus

[krishan sharma @krishan_sharmaa]

All assumption wrong !

And I am not talking about bus fare

Air fare - Jodhpur ton Delhi
1994 I paid 2400/-
Today it’s between 4500-5000 on normal days

This is not a retirement estimate.
This is a worst-case scenario where everything goes wrong and then assumed as the base case.

Your assumptions are stretched to the extreme and treated as a base case.
That’s where the problem lies.

First, the 9% inflation assumption.
You have taken high-inflation categories like healthcare, premium education, travel, and domestic help—and applied that across the entire lifestyle.
That’s not how real household inflation works.

👉Inflation is weighted, not averaged emotionally.

Even affluent households have:
-Core expenses growing at 5–6%
-Discretionary expenses at 8–10%
Blended realistically, this comes closer to 6- 7.5%, not 9%.

Second, assuming zero real return for 30 years is too pessimistic.

A 60:40 portfolio has historically delivered positive real returns over long periods. Even a modest 1.5–2% real return dramatically reduces the required corpus.

Planning with zero real return is not prudence it’s assuming that:
India will grow, but investors will not benefit from that growth.

Third, the model assumes constant high spending for 30 years, which is not how retirement works.
Spending follows a pattern:
-Active years: higher
-Later years: lower discretionary spending

Expenses don’t inflate linearly forever. They evolve.

Now the most important missing piece- technology and productivity.
This is where the entire inflation argument becomes one-sided.

Technology is inherently deflationary:

-Communication cost → near zero
-Entertainment → virtually free compared to earlier decades
-Financial services -low-cost, democratized
-Travel booking, price discovery -more efficient
-Healthcare -while expensive today, tech (AI diagnostics, telemedicine) is already improving access and cost efficiency -Education -digital platforms are disrupting traditional high-cost models

In my last 30 yers of financial career I find that the prices as a% of our nominal gdp kept falling continuously.

Productivity improvements reduce the real cost of many goods and services over time.

If inflation was purely compounding at 9% across everything:
-Life would become unaffordable in two generations
-Which clearly hasn’t happened
-Our society will collapse.

👉Fourth, longevity is real but expenses don’t remain peak lifestyle expenses till age 90. TFR if falling fast and the new cost come form children and we are producing less and less children.

Planning for longer life is sensible.
Planning for unchanged spending intensity for 30 years is not.

Finally, the framework mixes extremes:

👉High inflation (pessimistic)
👉Zero real return (pessimistic)
👉Full lifestyle spend for 30 years (pessimistic)
👉But 12% accumulation return pre-retirement (optimistic)

You can’t be conservative on one side and optimistic on the other. That creates distortion.

₹40 crore is not a base-case retirement number.
It is a stress-case outcome where multiple worst-case assumptions are applied simultaneously.

Good financial planning is not about scaring people with extreme scenarios.
It is about balancing risks with realistic assumptions and giving people a path they can actually follow.

[Gopinath C J, CFP @gopicj]

@NagpalManoj @_soniashenoy By age 60, you will not be having any EMI, kids wil not be financial dependent. This figure is exorbitantly high

[Gopinath C J, CFP @gopicj]

It’s Hema Malini

[Vijai @Happiness_297]

10 Indian Icons Who Define "Ageless Beauty" 🇮🇳👑

​1️⃣ Aishwarya Rai 🇮🇳
2️⃣ Nayanthara 🇮🇳
3️⃣ Trisha 🇮🇳
4️⃣ Tabu 🇮🇳
5️⃣ Shriya Saran 🇮🇳
6️⃣ Deepika Padukone 🇮🇳
7️⃣ Simran 🇮🇳
8️⃣ Jyothika 🇮🇳
9️⃣ Kajol 🇮🇳
🔟 Ramya Krishnan 🇮🇳

​Your favorite on this list? 👇

[Gopinath C J, CFP @gopicj]

Hello sir,do listen to this podcast to understand about RARE philosophy https://t.co/lAnLkYk8M4

[Balu Gorade @BaluGorade]

Though Rakesh Jhunjhunwala had done exceptionally well,

There are a few things retail investors should not learn from him.

> He took leveraged bets, which increased risk. Most investors can't handle such drawdowns

> He didn't focus much on his health, career and wealth mean little without it

> Most of his wealth (98%) was in equities, common investors need diversification for stability

> He was very bold, it worked for him, but such risk taking can backfire for most people

> His investing style required deep experience, don't copy blindly, build your own process

Rest, there is still a lot to learn from him.

[Gopinath C J, CFP @gopicj]

Certainly

[Balu Gorade @BaluGorade]

Two separate paths - RARE & TRUST.

Rakesh Jhunjhunwala founded RARE Enterprises in 2003.

It manages his personal wealth. The name comes from RAkesh & REkha.

In the same year, Utpal Sheth joined as CEO.

He brought structure and research discipline. He still leads RARE today.

The portfolio is over ₹60,000 crore. It remains a private setup. No public money.

Parallelly, Utpal Sheth and Nipa Sheth built TRUST Group in 2001.

This led to TRUST Mutual Fund in 2020. It opened investing to the public.

In 2023, TRUST entered equities. It launched its Flexi Cap fund.

The philosophy is "Gorilla Investing."

Focus is on long-term terminal value.

At the center of both, Utpal Sheth. Same leader. Different platforms.

Do you think Trust mutual funds can shine under Utpal Sheth?

[Balu Gorade @BaluGorade]

Two separate paths - RARE & TRUST.

Rakesh Jhunjhunwala founded RARE Enterprises in 2003.

It manages his personal wealth. The name comes from RAkesh & REkha.

In the same year, Utpal Sheth joined as CEO.

He brought structure and research discipline. He still leads RARE today.

The portfolio is over ₹60,000 crore. It remains a private setup. No public money.

Parallelly, Utpal Sheth and Nipa Sheth built TRUST Group in 2001.

This led to TRUST Mutual Fund in 2020. It opened investing to the public.

In 2023, TRUST entered equities. It launched its Flexi Cap fund.

The philosophy is "Gorilla Investing."

Focus is on long-term terminal value.

At the center of both, Utpal Sheth. Same leader. Different platforms.

Do you think Trust mutual funds can shine under Utpal Sheth?