The Stock Market thread

[KunjanPSD]

Started building position in IEX.

 

Repeating again, this is an investing experiment for me. Trying to see how an asset light, high cashflow, high op% business can become a dividend monster in longterm.

 

Fully expecting further dips.

Edited September 26, 2022 by KunjanPSD

[KunjanPSD]

UK is in proper ditch. Gilt bonds up, mortgages out, QE back on.

Recession in US and UK looks more probable by day.

 

@Bird Bird Bird Kidhar paisa laga rhe ho? Any RBI/Corp. bond?

[Bird Bird Bird]

7 minutes ago, KunjanPSD said:

UK is in proper ditch. Gilt bonds up, mortgages out, QE back on.

Recession in US and UK looks more probable by day.

 

@Bird Bird Bird Kidhar paisa laga rhe ho? Any RBI/Corp. bond?

 

Waiting for FD rates to go up. Udhar abhi to. Not the best, but I want to wait out the next year. 

[KunjanPSD]

5 minutes ago, Bird Bird Bird said:

 

Waiting for FD rates to go up. Udhar abhi to. Not the best, but I want to wait out the next year. 

Looks like 7.5-8% is coming. And historically whenever 8% is hit, MFs flows dry up and money leaves equity market.

I will keep nibbling but been hoarding quite a bit of cash, I will probably create a sweep-in FD as well when rates go high, so even while I am building position slowly, I can earn interest.

[KunjanPSD]

Nasdaq almost back to 52wk low and RBI gonna be increasing rates tomorrow.

 

There will be blood.

[rushab oswal]

17 hours ago, KunjanPSD said:

Nasdaq almost back to 52wk low and RBI gonna be increasing rates tomorrow.

 

There will be blood.

There was no blood today.

just goes to show market works in mysterious ways.

[dante77]

Not just that. As soon as the news came out today, there was a sudden jump in the market.

[KunjanPSD]

55 minutes ago, rushab oswal said:

There was no blood today.

just goes to show market works in mysterious ways.

True.

But Nifty and Next 50 didn't trade green until and unless RBI's speech. It was trading red.

Das gave a concise cracker of an update, basically put every speculation and fears to ease. That's when the market jumped.

 

I added few stocks at the lowest price I have seen for past couple weeks just before the speech.

[Pushy]

any1 enjoyed the Puts till today? 

 

  

4 hours ago, dante77 said:

Not just that. As soon as the news came out today, there was a sudden jump in the market.

 

it was also trading at a crucial level, 16750 was teh sh!t! 

Edited September 30, 2022 by Pushy

[KunjanPSD]

 

All rumors are false until officially denied.

 

[KunjanPSD]

If CS goes under, it will have a decent impact.

And if it does then most likely DB will too.

[0verlord]

US market at 52 week low, good time to buy?

[KunjanPSD]

1 minute ago, 0verlord said:

US market at 52 week low, good time to buy?

It has been at 52 week low for almost a week. I am buying intermittently.

But beware, it's gonna be a long journey and probably the worse is yet to come.

[0verlord]

42 minutes ago, KunjanPSD said:

It has been at 52 week low for almost a week. I am buying intermittently.

But beware, it's gonna be a long journey and probably the worse is yet to come.

Yes, I’ll be slowly deploying through this week, perhaps even a month or two

[KunjanPSD]

4 minutes ago, 0verlord said:

Yes, I’ll be slowly deploying through this week, perhaps even a month or two

Ohh, I will be deploying over next 6 months. Probably a 7-10% weightage to my overall PF. Don't need to time the bottom.

[0verlord]

~

Edited October 11, 2022 by 0verlord

[KunjanPSD]

@Bird Bird Bird Ever invested in RBI Bonds/T-bills?

 

Interest rate for 45Ms FD in HDFC (non-bank) is 7.5% now, 7.75 for senior citizen. 0.05 extra if done online.

Edited October 15, 2022 by KunjanPSD

[Krazyniks]

1 hour ago, KunjanPSD said:

Interest rate for 45Ms FD in HDFC (non-bank) is 7.5% now, 8 for senior citizen

Thanks this is a decent option.  But on the Website it says 0.25% extra for Senior citizens on all deposit products . So it should be 7.75% for them . 

Edited October 15, 2022 by Krazyniks

[KunjanPSD]

9 minutes ago, Krazyniks said:

Thanks this is a decent option.  But on the Website it says 0.25% extra for Senior citizens on all deposit products . So it should be 7.75% for them . 

Yeah, corrected.

Banks aren't updating their rates as liberally.

[Krazyniks]

12 minutes ago, KunjanPSD said:

Yeah, corrected.

Banks aren't updating their rates as liberally.

Yeah banks are still offering less.