My sincere advise to Indian investors. I gain nothing by saying this.
12 years did nothing for you as investors. Check the returns, adjust it in USD CAGR. The returns are dismal.
You are basically witnessing financial repression.
In this decade: middle class lost its financial ability to send kids abroad, travel abroad.
Give it 1 more decade: you will see serious deterioration in quality of goods we consume.
There is NOTHING you can do. This is happening. And, will keep happening.
The only thing in your control is your decision: on how you invest your available capital. If you are upper middle class, please open a foreign brokerage account. Invest.
You will say: oh you want to sell us your course? oh bhai, don't buy anything, it is fine. Just go and invest in QQQ/S&P 500 whatever you like. Go to better, more transparent markets.
You don't have to do this with your already invested money. Whatever new money you are making, make better calls with it. Only invest in Indian stocks when they go super cheap.
I am saying all this because:-
I don't want hard working fellow folks to get absolutely bankrupt in the name of investing in "hope". You're hardworking you absolutely deserve a much better life.
As a 25 year old the best thing you can do is have more 30 year old friends to keep telling you the importance of sleep, drinking less, working out more and not taking yourself too seriously.
But you also want to have younger frens who remind you that you are still young enough to do stupid shit.
Woke up and my kanndiga Househelp akka was cleaning the room and I asked her if she supported RCB yesterday.
She said yes.
First I said congrats (cause I respect her), then started saying CSK has 5 cups boo( ALL IN PERFECT KANNADA)
Rage bait is really my love language.
lowkey one of the highest leverage things a founder can do is marry a beautiful educated woman that knows how to host, make friends, read social dynamics and create warmth around people