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The Stock Market thread


KnackChap

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5 hours ago, vinodns said:

 

When an MBBS doctor starts giving financial advice it's time to exit the stock market.

 

That's all folks!

This is uncalled for. 

 

It always depends on what other person is saying and not what their profession is on that subject. Did I not post with proof that NAV and timing matters!? You want me to show more screen shots as proof!? Unless you have any reason disagree from some so called "Expert" this statement makes no sense at all! Not sure what was the need to be rude to him He was simply replying me. 

 

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1 hour ago, vinodns said:

 

I need no proof of you trying to time Mutual Funds. Stock market looks so easy to you and to everyone in this thread. Please continue to have fun! (While it lasts).

 

I was not rude to him, I have acknowledged his work in medical field. We all have limited time to take up a profession and fully dedicate our time in that field. My comment was simply because he is finding it very easy to track the stock market and how easy it is to make money here. He might not have seen a real brutal bear market.

 

I want to write a lot to you too but you are under the influence of this easy money that stock market is providing you. Nothing I will tell you will make sense to you. Experience will teach you.

 

I won't write anymore here. If you find my posts offensive go report them and have them removed.

I get the spirit of what you're saying in spite of the shock value. 

 

I remember back in 2015-18, I was a CA article. Used to invest money with some back of the envelope research and was making 60% pa roi easy peasy. Thought I'll own the world. 2018 happened mid caps crashed, all gains wiped out and portfolio in loss. Pretty much stopped active investing after that and just almost exclusively index mutual funds. This is a very similar situation now. Invested some money in a stock willy nilly and it's up 150% for no good reason. 

 

Were definitely seeing a bit of a bull run, retail participation is at an ath. FIIs are pulling out but domestic investors are propping it up. Timing mutual funds is always lol. 

 

Tbf anyone entering the market after 2010 hasn't seen a proper bull run or bear run. A bear run tests the balance sheet and can bring even the most seasoned investors to their knees. Retail investors are gonna proper f**ked when that happens. Because when a bear run happens, it also comes with liquidity issues ergo many people having to liquidate their portfolio at lows. 

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On 1/8/2022 at 11:16 AM, El Tigre Chino said:

I haven't done the research to recommend as such. Maybe @KunjanPSD or @Bird Bird Bird would be able to advise.

 

Vangaurd has an emerging market ETF that I'm aware of. For China I have zero clue.

 

Sorry man, haven't looked at US market for ages. :(

 

14 hours ago, vinodns said:

 

When an MBBS doctor starts giving financial advice it's time to exit the stock market.

 

That's all folks!

 

Poor bait ! :rofl:

At least I'm not shilling courses over Twitter. Could have been worse. ;)

 

Anyway, since there's no better thread for this:

 

A look at Navi loans, and how even uninstalling the app is considered as "fraud". One of the devs piped in with a burner account. Interesting discussion. 

@KunjanPSD I remember you were talking about Navi MFs a while back. While both ops look different, the app might be tracking a lot more than what's visible on the surface. 

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3 hours ago, vinodns said:

My comment was simply because he is finding it very easy to track the stock market and how easy it is to make money here. He might not have seen a real brutal bear market.

 

Been investing since 2009 btw. Except the 2007 crisis, I too have seen the other crashes. 

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5 minutes ago, LordSpymaster said:

Yup, saw this Navi nonsense. Another good thing to note was that firms like Navi plan to keep a person in the EMI world by offering to roll over for further terms. Do read that comment. 

 

Yeah. Read that too. Massive debt trap. 

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I am not sure who said it is easy to make money from Stock market. It wasn't even the part of discussion. I Love it when these hipsters try to look cool by saying "You ain't seen a proper bear market", "You ain't seen sh*t" :rofl: make them look so pathetic! 

 

Learning basic concepts have nothing to do with perception of difficulty in stock market. I am prepared for worst case scenario myself. If it is coming, let it come. As long as I am investing, I'll go by the basics and keep investing. Someone here must have been investing from 1900s to see the real bear market or even before :lol:

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15 hours ago, vinodns said:

 

When an MBBS doctor starts giving financial advice it's time to exit the stock market.

 

That's all folks!

Burh mbbs doctor is the one who can give you the best possible investment ideas when it comes to pharma companies , and if you checked his chart knowledge is really good. Also he started giving advice maybe an year back? If you exited then you lost 2x in index and almost 3-10x in indvidual stock opportunities . 

12 hours ago, vinodns said:

I made a tongue in cheek statement which was not meant to be offensive yet you (a different person) took it in a totally different way and are going on and on and on about it. Stop giving me so much importance. I don't need nor deserve it.

 

Go back to planning your entries in mutual funds on a daily basis.

 

Good day!

 

PS: Don't forget what I said before. You are talking about Nasdaq, a fact about it: I witnessed it falling 70% in 3 years. There is a reason why no post is made in the Crypto thread for 8 days. The same will happen on this thread sooner rather than later. Last but not the least. Having the ability to read a balance sheet doesn't guarantee one will constantly make profits in the stock markets. Mark this in your journal. Bye bye!

No one can constantly make profits in stock markets , making a loss is the very first thing to be learnt , also crypto people know what they have invested in , most of them have invested throw away money . If you cant add anything valuable to thread atleast don't troll.

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27 minutes ago, LordSpymaster said:

Yup, saw this Navi nonsense. Another good thing to note was that firms like Navi plan to keep a person in the EMI world by offering to roll over for further terms. Do read that comment. 

I was shocked at "You cant uninstall the app" , dude that's FBI level stalking sh*t. Why?

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18 minutes ago, rushaboswal said:

I was shocked at "You cant uninstall the app" , dude that's FBI level stalking sh*t. Why?

Read the comment by a dev on that post. He explains what they use the data for and why it is beneficial for NAVI to ensure people keep their app installed. 

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19 minutes ago, rushaboswal said:

I was shocked at "You cant uninstall the app" , dude that's FBI level stalking sh*t. Why?

 

Because then they can't track your spends etc. The level of which can be harvested from SMS access is just crazy. 

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1 hour ago, Bird Bird Bird said:

 

Sorry man, haven't looked at US market for ages. :(

 

 

Poor bait ! :rofl:

At least I'm not shilling courses over Twitter. Could have been worse. ;)

 

Anyway, since there's no better thread for this:

 

A look at Navi loans, and how even uninstalling the app is considered as "fraud". One of the devs piped in with a burner account. Interesting discussion. 

@KunjanPSD I remember you were talking about Navi MFs a while back. While both ops look different, the app might be tracking a lot more than what's visible on the surface. 

Saw this. 

I don't think this has implications on their MF offerings but yes, would stay away from it.

 

In other news, Hikal gonna start having bad hiccups :)

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2 minutes ago, LordSpymaster said:

Read the comment by a dev on that post. He explains what they use the data for and why it is beneficial for NAVI to ensure people keep their app installed. 

Quote

we also used to collect data on contact and most used contact so we can ping them in case of default. But it was waste as we realise most of people most contacted no are not relatives or family. We concluded that now people mostly use whatsapp messaging and calling features to stay in touch with close one. So we stopped collecting that data.

WHAT THE ACTUAL FXXX?

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3 minutes ago, KunjanPSD said:

Saw this. 

I don't think this has implications on their MF offerings but yes, would stay away from it.

 

In other news, Hikal gonna start having bad hiccups :)

Hope the hiccup is huge and it comes to 160 levels where i fking sold it like an idiot so i can buy again. 

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1 minute ago, Bird Bird Bird said:

 

Good. I can finally invest in Hikal. :bigyellowgrin:

Bad governance issue. Has propped up before as well.

Not really sure if it's the sub contractor's fault but hard to believe it's a coincidence when the same thing happens again.

Either the management didn't care enough or is still dirty. 

 

I might offload some of my position tomorrow and wait for a clarification from the management. 

But if it dips 30-50%, then will buy the lot.

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4 minutes ago, rushaboswal said:

WHAT THE ACTUAL FXXX?

Pretty common actually. Almost all financial companies do this if you have their app on the phone (you obviously have agreed to the 30-40 page terms/conditions). I interned at a data analytics company and was working with the team that used to analyze financial data. Almost all the clients were tracking sms/emails to create a customer profile so that customized rates and offers could be extended. 

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1 hour ago, Bird Bird Bird said:

 

Sorry man, haven't looked at US market for ages. :(

 

 

Poor bait ! :rofl:

At least I'm not shilling courses over Twitter. Could have been worse. ;)

 

Anyway, since there's no better thread for this:

 

A look at Navi loans, and how even uninstalling the app is considered as "fraud". One of the devs piped in with a burner account. Interesting discussion. 

@KunjanPSD I remember you were talking about Navi MFs a while back. While both ops look different, the app might be tracking a lot more than what's visible on the surface. 

 

56 minutes ago, LordSpymaster said:

Yup, saw this Navi nonsense. Another good thing to note was that firms like Navi plan to keep a person in the EMI world by offering to roll over for further terms. Do read that comment. 

What's this about? 

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