Today is his Birth Anniversary.
The man who single-handedly took on FII's, FOREIGN Co. & 2.5 Front CARTEL (Citi, Gandhi, Pawar, Thackeray, Chidambaram etc)
Hero or Villain? you decide
Harshad Shantilal Mehta - The Big Bull🐃
Movies and Short Films on Stock Market 🎬
1. Boiler Room
2. Wall street (1987)
3. Margin Call (Must Watch)
4. The Wolf of Wall Street
5. The China Hustle (Must Watch)
6. Rogue Trader
7. Scam 1992 (Must Watch)
8. The Inside Job
9. The Big Short (Must Watch)
10. Too Big to Fail
Movies and Short Films on Stock Market 🎬
1. Boiler Room
2. Wall street (1987)
3. Margin Call (Must Watch)
4. The Wolf of Wall Street
5. The China Hustle (Must Watch)
6. Rogue Trader
7. Arbitrage
8. The Inside Job
9. Floored
10. The Big Short (Must Watch)
11. Too Big to Fail
Use your 𝗧𝗶𝗺𝗲 to make 𝗠𝗼𝗻𝗲𝘆.
Use your 𝗠𝗼𝗻𝗲𝘆 to buy 𝗔𝘀𝘀𝗲𝘁𝘀.
Use your 𝗔𝘀𝘀𝗲𝘁𝘀 to buy 𝗧𝗶𝗺𝗲.
Spend your Time in the way you want it.
𝗕𝘂𝗶𝗹𝗱 𝗻𝗼𝘄. 𝗥𝗲𝗹𝗮𝘅 𝗹𝗮𝘁𝗲𝗿.
#personalfinance
#Investing
Four Laws
1) Murphy's Law - The more fearful you are, the more likely it will happen
2) Kidlin's Law- Write it down clearly, and 50% job is done
3) Walson's Law- Put value first; the money will follow
4) Falkland's Law- When there is no need to make a decision, Don't make one
Movies and Short Films on Stock Market 🎬
1. Boiler Room
2. Wall street (1987)
3. Margin Call (Must Watch)
4. The Wolf of Wall Street
5. The China Hustle (Must Watch)
6. Rogue Trader
7. Scam 1992 (Must Watch)
8. The Inside Job
9. The Big Short (Must Watch)
10. Too Big to Fail
Today is his Birth Anniversary.
The man who single-handedly took on FII's, FOREIGN Co. & 2.5 Front CARTEL (Citi, Gandhi, Pawar, Thackeray, Chidambaram etc)
Hero or Villain? you decide
Harshad Shantilal Mehta - The Big Bull🐃
Elon Musk once said,
"If you give yourself 30 days to clean your home, it will take you 30 days.
But if you give yourself 3 hours, it will take 3 hours.
The same applies to your goals, ambitions, and potential."
Tax should be imposed on agriculture income above 10 lacs or 15 lacs in this budget !!
Big Farmers enjoy tax free income of crores of rupees and stay in ultra Luxurious Villas and travel in luxury cars
This should be stopped, big farmers should be Taxed
@nsitharaman
DIXON TECH looks very undervalued, it is the manufacturer of major white goods and is supplier of all major brands in India
Must study this report for details 👇
Topics that should be mandatory at School level :-
~Money Management
~Banking & Taxation
~Politics
~Traffic rules
~Environment/Pollution
~Communication
~Fighting Corruption
~Nutrition/Fitness
~Processes/Ethics
~Safety
~Value of Saving
~Power of Investing
~Magic of Compounding
10% correction will be every now and then
20% correction would be once in 1-2 years
50% correction once or twice in a decade
All this is NORMAL in equity
You cannot avoid this in your
WEALTH CREATION JOURNEY
If this scares u, gives u anxiety, do not invest in equity
Fwd
STT was introduced by Fin Min P. Chidambaram to replace the Long term capital gains tax.
Then later STT was increased
Then STT was increased again
Then LTCG is also put alongside STT
Then Stamp duty was put alongside STT, LTCG
If it fair to burden people with so many taxes ?
STT was introduced by Fin Min P. Chidambaram to replace the Long term capital gains tax.
Then later STT was increased
Then STT was increased again
Then LTCG is also put alongside STT
Then Stamp duty was put alongside STT, LTCG
If it fair to burden investors with so many
Power of Stock Market
Mukesh Ambani Was The 6th Richest Person of The Universe At 02.00 PM yesterday
At 03.30 PM Close of Market He Was Out Of The Top 10
Rolex sells Status, not watches.
Harley-Davidson sells a Lifestyle, not Bikes.
Apple sells Simplicity and Style, not Electronics.
Great marketing teams sell feelings not products.
Once Elon Musk said,
Instead of baby showers, let's host business showers.
When a friend starts a business, we should all come together, Congratulate them and bring resources for the business.
Elon Musk once said,
"Give yourself 6 months.
If you are serious about changing your life, do something consistently for 6 months.
I guarantee you’ll see results.
If you give up, you don’t want it bad enough."
If you work for Money, you will have to pay : 30% TAX
If money works for you, you have to pay : 10% TAX (LTCG)
Make your Money work for you.
Invest in EQUITIES
PIYUSH GOYAL looks way better than NIRMALA SITHARAMAN in all respects as Finance Minister of India
Interim Budget presented by Piyush Goyal was much better than Budget presented by Nirmala Sitharaman
RT if you agree and want to be heard by the PM
If you work for Money, you will have to pay : 30% TAX
If money works for you, you have to pay : 10% TAX (LTCG)
Make your Money work for you.
Invest in EQUITIES
Four Laws
1) Murphy's Law - The more fearful you are, the more likely it will happen
2) Kidlin's Law- Write it down clearly, and 50% job is done
3) Walson's Law- Put value first; the money will follow
4) Falkland's Law- When there is no need to make a decision, Don't make one
Lot of people calling the present market a BUBBLE.
Bubble is basically nothing but a Bull Market you didn't participate in.
For people riding that Bubble, it's Wealth Creation.
For people watching from outside, it's a painful Bubble they wish they rode.
Happy Investing guys.
Rs.30 lakh crores market capitalisation lost after budget 2019 was presented
Govt. got zero LTCG ....
FPI tax of Rs.500 crores killed the market as FII's have sold shares of around 30,000 crores since
Rupee is worst performing currency in Asia
These are the achievements....
WARREN BUFFET made over 99.6% of his wealth after the age of 52 - that’s the power of compounding !!!
GAUTAM ADANI made 88% of his wealth in last 6 months - that's the power of momentum !!!
Opportunities for next Decade
Next Billon Dollar Companies likely to come from these sectors.....
▶️ FINTECH
▶️ CLOUD COMPUTING
▶️ DIGITAL COMMERCE
▶️ ELECTRIC VEHICLES
▶️ BLOCKCHAIN
▶️ ARTIFICIAL INTELLIGENCE
Try to identify the companies early.......
Opportunities for next Decade
Next Billon Dollar Companies likely to come from these sectors.....
▶️ FINTECH
▶️ CLOUD COMPUTING
▶️ DIGITAL COMMERCE
▶️ ELECTRIC VEHICLES
▶️ BLOCKCHAIN
▶️ ARTIFICIAL INTELLIGENCE
▶️ MACHINE LEARNING
Try to identify the companies early.......
Myth:-
People loose money in Stock Market
Reality:-
For those who understand Behavioural Psychology well, analyse companies well, avoid F&O, avoid leverage, avoid overvalued stocks, Think Long Term
Then making money in Stock Market is Easy....!!!
Elon Musk once said,
"Give yourself 6 months.
If you are serious about changing your life, do something consistently for 6 months.
I guarantee you’ll see results.
If you give up, you don’t want it bad enough."
If you work for Money, you will have to pay : 30% TAX
If money works for you, you have to pay : 10% TAX (LTCG)
Make your Money work for you.
Invest in EQUITIES
Patience with Family is 𝗟𝗼𝘃𝗲.
Patience with Others is 𝗥𝗲𝘀𝗽𝗲𝗰𝘁.
Patience with Self is 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲.
Patience with GOD is 𝗙𝗮𝗶𝘁𝗵.
Patience with Stock is 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴.
Once Warren Buffett said,
Hang around with people better than you, and you'll float upwards.
Hang around with the ones worse than you, and you’ll slide down the pole.
Couldn't agree more....!!!
Life skills every parent should teach kids to make them independent
-Manage money
-Value of saving
-Manage time
-Power of investing
-Importance of taxes
-Cope with failure
-Laundry
-Cook
-Talk to strangers
-Self starter
-Be organized
-Driving
-Ethics / Manners
-Staying Fit
Use your 𝗧𝗶𝗺𝗲 to make 𝗠𝗼𝗻𝗲𝘆.
Use your 𝗠𝗼𝗻𝗲𝘆 to buy 𝗔𝘀𝘀𝗲𝘁𝘀.
Use your 𝗔𝘀𝘀𝗲𝘁𝘀 to buy 𝗧𝗶𝗺𝗲.
Spend your Time in the way you want it.
𝗕𝘂𝗶𝗹𝗱 𝗻𝗼𝘄. 𝗥𝗲𝗹𝗮𝘅 𝗹𝗮𝘁𝗲𝗿.
#personalfinance
#Investing
Some hardcore facts :
These people are not Technical Analysts
~ R K Damani
~ Rakesh (RJ)
~ Vallabh Bhansali
~ Nimesh Shah
~ Madhu Kela
~ Vijay Kedia
~ Ramdeo Agarwal
They must have kept TAs for some basic help but Fundamental analysis is most important to create Wealth.
Steps needed to revive Economy
- Zero Personal Income Tax till 10 lakh
- Corporate Tax of 25% for all
- Privatize or Close down PSU's
- Aggressive Rate Cut by RBI
- Remove LTCG & Tax on Buyback / DDT
- An investigation should be done on how politicians buy huge Real Estate
If you can sleep for 7 hours peacefully, run 5 km in 50 mins, do 20 push-ups in 2 min, and climb 5 floors without panting, then you are in total control of your health.
Remember: Your Health is your true Wealth.
MODI 1.0 applied LTCG with hope to increase tax revenues
MODI 2.0 increased increased STCG and LTCG on HNI's & FPI's by increasing surcharge
Now, they will not get both STCG and LTCG & in turn loose STT also
Increasing TAX is not always a good idea
No Growth, No Trade, No Tax
10% correction will be every now and then
20% correction would be once in 1-2 years
50% correction once or twice in a decade
All this is NORMAL in equity
You cannot avoid this in your
WEALTH CREATION JOURNEY
If this scares u, gives u anxiety, do not invest in equity
Elon Musk once said:
“Don't ever attach yourself to a person, a place, a company, an organization, or a project.
Attach yourself to a mission, a calling, and a purpose only.
That's how you keep your power & your peace.”
Direct Tax collection soars 48% in FY22, Advance Tax payment up 41%
Should LTCG Tax on Equity be removed to encourage savings and investment into equity ?