Neel Parekh

Founder & CEO @ Ansaan Capital. Wealth creation, a mutual dream.
Social responsibility- Giving you my two cents for free.

[Neel Parekh @NeelPar1]

@JITHESHMP8 @ACTFibernet I have the same issue. Worst service ever experienced. @ACTFibernet will be replaced shortly but surely.

[Neel Parekh @NeelPar1]

You will have money when you realise that you like making money more than just having it.

[Sunil Jhaveri @IamMisterBond]

This GST is not recoverable from end beneficiaries viz. Investors. They are only earning Rs.82 (against income earned of Rs.100).

On top of that margins have been squeezed in this industry by lowering expense ratios etc.

[Chander Bhatia @ChanderBhatia01]

Luckily, I invested all my savings from 1991-2000 in equities and not in FDs/debt funds. This one right move resulted into

1) I could resign from Govt. job in 2000

2) I became financially independent by 2006

3) My dividend income is more than annual exp. of my family by 2016.

[Neel Parekh @NeelPar1]

@prathik_prasad @pranavkinger Harsha 👌 he's as good as the sport itself. I love sunny g too. But Agarkar brought his entire mood down too

[Muthukrishnan Dhandapani @dmuthuk]

Buy equity as you buy a house or gold for the family. Even Public Provident Fund (PPF), you hold for 15 years.

There is only one term; that is long term.

[Neel Parekh @NeelPar1]

@pranavkinger However he hasn't bad mouthed jadeja yet

[Aditya Shah @AdityaD_Shah]

Do not buy financial products from Banks!

[Neel Parekh @NeelPar1]

Just jokes

[Carla Notarobot 🤖👩🏻‍💻 @CarlaNotarobot]

I was lonely, so I bought some shares.

It feels nicer having some company.

[Eternal fool 🤡 @passivefool]

If all the loss making companies like R Power, JP Group co's, Suzlon, those infra co's etc went private and IPOd again, they be worth 10 times their current value.

[Neel Parekh @NeelPar1]

@pranavkinger The reviews are the most exciting thing right now.

[Neel Parekh @NeelPar1]

Don't be the person who says they can't afford to invest and then spends the same amount in one night.

[Neel Parekh @NeelPar1]

@RanhitaSingh That sounds like a 1 person world

[Neel Parekh @NeelPar1]

If you treat the stock market like a casino, you'll get the results similar to going to one.

[Neel Parekh @NeelPar1]

@SanihaHegde When you realise the iphones aren't worth it

[Radhika Gupta @iRadhikaGupta]

Today, I got a cold call from an RM and was offered “18% fixed returns”.

Beware. “Fixed” returns that are substantially higher than prevailing interest rates… are usually not so fixed.

[Neel Parekh @NeelPar1]

Personal hack: Whenever I buy something I don't need, I take the same amount and invest it. So if I were to spend 50k on a holiday, I need to invest 50k into mutual funds. This makes me re-evaluate my spendings. Plus over time I can recover my holiday cost by my returns.

[Ajay Menon @Ajaystweet]

You don’t have to be great to start, But you have to start to be great.

#ThoughtOfTheDay

[The MF Guy @TheMFGuy1]

Read somewhere...

"You will run out of money before financial gurus run out of trading ideas"