Praneeth

Living life to the fullest potential
Techie -- Realtor + Astrology enthusiast.

[Nithin Kamath @Nithin0dha]

I watched Pyramid Scheme on Prime last weekend. It brought back a lot of memories of what it feels like to be stuck in one when the scheme goes bust.

When I started my career at ~18, I was trying to find ways to fund my trading account. For about two years, I got drawn into a multilevel marketing company that turned out to be a pyramid scheme. I don't think I was deceived by the person who introduced me, but by the company itself. Partly because I ended up introducing a lot of people to it too.
The scene in the series showing the moment the fraud unravelled was surreal to watch. The director has captured the desperation of that moment remarkably well.

I thought this was something that only happened in the early 2000s. I didn't realise that even today, 2 new pyramid schemes launch every day in India. Over 5.5 crore Indians have lost their savings to more than 5,300 such schemes, estimated losses of Rs 10 lakh crore as of 2015, likely far higher now.

One truth my experience has taught me: there is no quick way to make a lot of money, be it trading or any other business. Anything promising returns higher than a bank FD comes with risk. The higher the claim, the greater the risk.

This dynamic has also played a big part in the recent growth of retail markets, people spreading the word that it's easy to make money in stocks. It isn't, and the reckoning tends to come quietly, one account at a time.

And if someone tells you that you can make easy money just by introducing others, run. Almost every single one of those is a fraud.

[Praneeth @pransss]

@karmalogy108 With all due respect how did you get their charts?

[Praneeth @pransss]

@AK_Aspire Very thoughtful Gurugale 🙏 Dhanyavadagalu 🙏

[Praneeth @pransss]

@PritiAstrology One more point - that planet shouldn't be a bhadaka.

[Praneeth @pransss]

@RShivshankar Free old age home centre.

[Praneeth @pransss]

@SagarAwatade @amazonIN I religiously use your flosser. It's the best product Sagar. Your earlier version had some problems and when I complained to your CC they replaced it within a week. Khudos to your team 👍

[Praneeth @pransss]

@talok253 Because that 10cr or 6 lakhs per month loses its value year on year because of the inflation and wouldn't be enough in future compared to today's time. So they invest in assets which grows along with the inflation.

[Praneeth @pransss]

@PCMohanMP Sir, with all due respect pls don't propose this blunder of not having DD flyover along the Metro lines. Double decker flyover is very much required wherever it's viable option. Pls plan for next 20 yrs while consider the projects.

[Praneeth @pransss]

@kunalvg Saw an artefact I liked.
Quote: ₹550 → Bargained to ₹520.
Went to compare prices outside. Same piece at ₹650.
Returned to buy from the first guy… suddenly it’s now ₹600.
Apparently, in India, prices don’t go up with demand — they just go up when you turn your back.

[Praneeth @pransss]

@siddaramaiah Waynad nalli flood adre nam duddu, avaru illi bandu encroachment madidrunu nam duddalli mane.. Kannadigara manasu vishala 👏👏👏

[Praneeth @pransss]

@CNBCTV18Live @shivanibazaz @madeehamedia Chatgpt response 👏

[Praneeth @pransss]

@Bangalorereal1 @prestigegroup @juggymarwaha My 2 paisa suggestion - make a walk way along the metro line say from Hsr layout to mahadevpura.. All fitness freaks/public would use it to commute resulting in relatively less traffic. Thus One can achieve their fitness goal too.

[Praneeth @pransss]

@DhivCM Dear madam, We are much safer in his regime than earlier days.

[Praneeth @pransss]

@rajuparulekar Problem with you guys is if you come with the genuine cases/issues in the future people won't take you seriously. Bluffing and hyping issueless matters is the murder of democracy.

[Praneeth @pransss]

@astral_whispers For me, Guru mahadasha is running, NL is Saturn having 8,1,12 combinations, SL venus having 6,3,4,8 combinations.

[Praneeth @pransss]

@astral_whispers @Vedicbutterfly3 What are my action points for settling my karma through myself

[Praneeth @pransss]

@astral_whispers @Vedicbutterfly3

[Praneeth @pransss]

@astral_whispers @Vedicbutterfly3 6th from saturn house is lagna aquarius for me. There's no planet sitting in my lagna.

[Praneeth @pransss]

@astral_whispers @Pavanasoonu My current Ju Dasha has NL saturn which is my lagnesh and on the 8th house. Ve as SL on 6th house which is also a badaka.

[Praneeth @pransss]

@astral_whispers I have 2nd CSL as ketu - > NL mercury and SL as Jupiter connecting 9th and 7th houses.