Hemanshu Agarwal

Own Your Tomorrow l Personal Finance is more Personal and less Finance l Follower of Behavioral Finance l Spreading Financial Literacy & Awareness

[Neil Borate @ActusDei]

Spotted the contradiction?
1) PM on national television has asked people to avoid gold, foreign holidays etc.
2) Fund managers are saying don't invest outside. US is expensive & India is better.
If India is better why is foreign capital not flooding in? Why is INR in crisis?

[Sumit Bajaj (Astrologer) @astrosumitbajaj]

India Vs New Zealand - T20 World Cup Finals

Important Times for wicket /slow run rate /Turnaround etc.

7:09-7:13 (wicket possibility)
7:14-7:18 (imp wicket)
7:22-7:26 (imp)
7:44-7:52 (later part wicket)
8:23-8:27
8:32-8:36
8:41-8:49, & till 8:57
9:20-9:29 (wicket towards end)
9:33-9:37 (imp wicket)
9:55-10:04
10:35-10:40
10:45-10:50

Major shift is happening around 9:14 PM after which game should become one way for sometime.

Imp Balls- 1st Innings
2.3-2.4, 4.1, 6th Over, 6.1-6.3, 8.2, 9.1, 10.2-10.3, 12.3-12.6, 13.4-13.6, 14.4-14.5, 15.5, 17.5-17.6, 18.1-18.3,19.2- 19.4.

#IndVsNZ #T20WorldCupFinal

[Neil Borate @ActusDei]

SIFs are mounting challenges to hybrid categories like arbitrage & equity savings (ESF). SBI Magnum is designed as ESF +
A brief about SBI Magnum Hybrid SIF. Full interview out in the next edition of https://t.co/qHUkXktxxy magazine and on YouTube soon
Please subscribe

[FIFA India @fifaindiaorg]

Dear Mr. Chauhan, MFDs find the new NSE MF Platform complicating transactions and servicing.

@ashishchauhan @NSEIndia @SEBI_India @amfiindia @yogeshsharma69 @DhruvLMehta @NileshShah68 @kirtanShahCFP @roopa17venk @iRadhikaGupta @nimishu @AashishPS @mohanty_swarup @kalpenParekh

[Deepinder Goyal @deepigoyal]

Every few years, the world reminds us of our place. A threat here, a tariff there. But the message is the same: stay in your lane, India.

Global powers will always bully us, unless we take our destiny in our own hands. And the only way to do that is if we collectively decide to become the world's largest most unapologetic superpower in the world. In economy, in technology, in defense, and most importantly, in ambition.

There is absolutely no other way.

[SecuritiesandExchangeBoardofIndia @SEBI_updates]

Chairman, SEBI launches Official X account of SEBI. #SEBIOfficialX #SEBI

[Hemanshu Agarwal @ProsperWidHeman]

𝘼 𝙨𝙩𝙧𝙤𝙣𝙜 𝙢𝙞𝙣𝙙 𝙞𝙨 𝙬𝙞𝙡𝙡𝙞𝙣𝙜 𝙩𝙤 𝙨𝙪𝙛𝙛𝙚𝙧 𝙣𝙤𝙬 𝙩𝙤 𝙚𝙣𝙟𝙤𝙮 𝙡𝙖𝙩𝙚𝙧.

#perseverance #discipline #behavior #wealthcreation #fortune #focus #PersonalFinance #Prosperity #prosperpoiintfinsrve

[Hemanshu Agarwal @ProsperWidHeman]

Having Cash and Having Courage are two different things.

Corrections are temporary.
Growth is permanent.😊

#markets #behavior
#trustheprocess #Discipline #prosperpoiintfinsrve

[Nagpal Manoj @NagpalManoj]

This is short story of Aman Goel on his big money mistake (3 min video)

Aman Goel is IIT grad who sold his startup at 26 yrs of age

He shares how his Wealth Management RIA firm (he doesn't reveal the name) who sold him Direct Mutual Funds and then behind his back collaborated with other providers like PMS/AIF and also Bank!

Am not against RIAs but pls understand that they are not holier than thou!

Full Video link here
https://t.co/eKHYtwwRxS

[Nilesh Shah @NileshShah68]

Our greatest power lies not in judging others, but in understanding them.

What a story https://t.co/EmEjbvcTtv

[Hemanshu Agarwal @ProsperWidHeman]

💯

[Neil Borate @ActusDei]

Absolutely. Which why I prefer MFs over stocks. Just look at the Nifty composition in 1998 or 2008 vs today. Most individual investors are terrible at rebalancing & incur capital gains taxes into the bargain

[Dividend Growth Investor @DividendGrowth]

The best emergency fund is the one that covers 25 - 33 times annual expenses

It is called a Financial Freedom Fund

[Jeff Weniger @JeffWeniger]

Here is a wild chart. The total return on Chinese stocks since 1993 is negative. In contrast, India is a 13-bagger.

[Hemanshu Agarwal @ProsperWidHeman]

#moneymanagement #personalfinance #ideas #execution

[Zeenat Dar @zeedee93]

Vivek Agnihotri declines invitation of Oxford Union Society for debate on Kashmir status. A letter worth reading over and over again.
@vivekagnihotri

[Radhika Gupta @iRadhikaGupta]

2200 crores of fraud is heartbreaking stuff. How many reminders do we need that there is no fast route to riches… and usually if such a route is advertised with fancy cars in tow… it leads to fatal crashes.

Stay safe. And stick to dal-chawal investing. It works. Without indigestion.

[Vala Afshar @ValaAfshar]

Do not take your good health for granted. Be selfish about your health.

[Sanjay Lazar @sjlazars]

Some great news on @CNBCTV18Live by @timsyjaipuria
today - that the @FinMinIndia @nsitharamanoffc @nsitharaman ji may be reconsidering the new #LTCG & removal of #Indexation on Real Estate, to consider a dual option - like the New tax Code & Old Tax code.

If this news is true, then many thanks are due to to the @PMOIndia @narendramodi for listening, hope it fructifies.

It was people like @TVMohandasPai @dmuthuk Sir, @virsanghvi @ShekharGupta @deepakshenoy @raghav_chadha @shyamsek @akhilpachori @VishalBhargava5 @DealsDhamaka @ActusDei @Akshat_World @RenukaJain6 @BalakrishnanR @abhishekrajaram and many more who focussed their tweets & writing on how #Indexation & the new #LTCG had destroyed the middle class & would cause destruction of the real estate market (where there is a massive unsold inventory + thousands of resale flats available)

I have been screaming from Budget day how the FinMin should have created a dual system of NEW LTCG-12.5% & OLD LTCG-20%+Indexation as tax assesees option, just like they had Old tax code & new tax code.

https://t.co/01vubgkX0D

The FinMinistry assumptions of 15-16% Realty growth per year were wrong, this new LTCG would have killed the Realty market and brought in the 50-50 ; 60-40 Black regime again.

The statements of Finance officials on TV that they based this on past records, was itself misdirected- because the affected class now are those MIDDLE CLASS who were yet to SELL / who WOULD SELL their ONLY HOME in future, to yield some cash, to survive in their retirement years.

Mind you, the Fin Ministry also went back on its word on #SGB Sovereign Gold Bonds & caused losses to Investor class who poured money into Gold Bonds, on many rosy promises. That Cost Middle Class 9000 Cr, and only benefited govt.

But the Realty Indexation on LTCG blow was the most cruel one, I hope that with the introduction of a dual LTCG system, (including Regn/ Stamp duty & brokerage in Cost of aquisition) they build in a 5 year sunset clause & make it applicable only for max, two residential houses only. That will keep the illegal investors from wrongly benefitting.

https://t.co/TfKOqzFIcm

To the many Trolls, who attacked our Timelines - Just because one questions a goverment about a patently wrong/ unfair decision, does NOT make you Anti-National, or an enemy.

To those who dished out LTCG figures of developed 1st world nations, to compare ours - Wake Up & smell the coffee, look around our basic civic amenties, living conditions & per capita income, before posting such drivel.

Yes we aspire to be 1st world, lets charge those taxes when we get there & provide those amenities.

Stand strong on your principles & beliefs, call out policies that you feel are anti-people, dont toe the line merely because others do.

(Also tagging @_CreatingWealth @ajayrotti - for the very respectful healthy knowledgable exchange they offered on this subject) @narayananh
#budget #finance #realestate #stockmarkets #investing #capitalgains