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Simplifying money mistakes Indians make every day | CA | Stories that protect your wealth | Not SEBI Reg.

India
Joined July 2021
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Jio IPO buzz has everyone watching Reliance. Every feed. Every group chat. Every new tip. But when was the last time you checked your own position? Down 20%. No stop-loss. It's easy to miss these things when you're busy watching the market or convinced your view will play out. That's where @Upstox Trading Nudges can help. They flag situations like a position losing over 20%, right on your Position screen, so you can take another look. Need to add a stop-loss or target? It's just a tap away, if you choose. No blocked trades. Just a reminder to check in before moving on. Because watching the market is one thing. Managing your risk is another. #Upstoxhaitohbetterhai #Reliance #JioIPO #TradingPsychology #RiskManagement #StockMarketIndia
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Technical Charts retweeted
Nearly 50 Crore People. Think About That Number. 496 million. It’s difficult to comprehend the sheer scale of this figure until we understand what it represents. According to the World Bank’s October 2026 Poverty & Equity Brief, an estimated 496 million Indians moved above the $4.20/day lower-middle-income poverty threshold between 2011 and 2023. That’s nearly 50 crore people crossing an internationally recognised benchmark for monetary poverty. During the same period, the poverty rate at this threshold fell from 57.7% to 16.1%, while extreme poverty declined from 27.1% to just 2.6%. These figures reflect an enormous transformation in India’s living standards. Employment increased, household consumption strengthened and expanded social transfers supported vulnerable populations. Crossing a poverty line doesn’t eliminate every financial challenge, but progress at this scale represents a significant shift in economic circumstances. For India, this is more than an encouraging economic statistic. It is a historic development achievement.
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Technical Charts retweeted
Jio IPO buzz has everyone watching Reliance. Every feed. Every group chat. Every new tip. But when was the last time you checked your own position? Down 20%. No stop-loss. It's easy to miss these things when you're busy watching the market or convinced your view will play out. That's where @Upstox Trading Nudges can help. They flag situations like a position losing over 20%, right on your Position screen, so you can take another look. Need to add a stop-loss or target? It's just a tap away, if you choose. No blocked trades. Just a reminder to check in before moving on. Because watching the market is one thing. Managing your risk is another. #Upstoxhaitohbetterhai #Reliance #JioIPO #TradingPsychology #RiskManagement #StockMarketIndia
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Nearly 50 Crore People. Think About That Number. 496 million. It’s difficult to comprehend the sheer scale of this figure until we understand what it represents. According to the World Bank’s October 2026 Poverty & Equity Brief, an estimated 496 million Indians moved above the $4.20/day lower-middle-income poverty threshold between 2011 and 2023. That’s nearly 50 crore people crossing an internationally recognised benchmark for monetary poverty. During the same period, the poverty rate at this threshold fell from 57.7% to 16.1%, while extreme poverty declined from 27.1% to just 2.6%. These figures reflect an enormous transformation in India’s living standards. Employment increased, household consumption strengthened and expanded social transfers supported vulnerable populations. Crossing a poverty line doesn’t eliminate every financial challenge, but progress at this scale represents a significant shift in economic circumstances. For India, this is more than an encouraging economic statistic. It is a historic development achievement.
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Hey @grok - what are the chances trump will win in the mid terms? Also, is @elonmusk in any way supporting trump in this?
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Gold is crashing. Silver is crashing. Bitcoin is crashing. Stocks are crashing. Hey @grok what could this means, and what will happen next?
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My holding in past 5 days
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Prashant Jain — The bank he couldn't buy (so he bought the sector) In 2007, Prashant Jain spotted an absurdity: HDFC Bank — India's finest lender — was valued about the same as leading NBFCs. Either the bank was wildly undervalued, or he was missing something. There was a catch. He worked at HDFC. He wasn't allowed to buy HDFC Bank stock himself. So he did the next best thing: he bought banks. Heavily. "India is a savers economy," he reasoned. "Banks can never run out of fashion." Over three decades running HDFC AMC funds, Jain invested in 465 stocks and returned ₹87,000 crore in gains to investors. His most quoted line explains the discipline: "There is no one who will buy all the companies that go up. I have made more mistakes of omission than commission — and I'm happy about that." Takeaways for investors: • Hunt for valuation disparities between quality peers. When the best is priced like the rest, act. • Mistakes of omission (not buying) beat mistakes of commission (buying wrong). Capital preserved is capital compounded. • Stay inside your circle of competence — Jain skipped the 2007 realty boom simply because he didn't understand it. Source: "Forbes India Pathbreakers: Prashant Jain" (YouTube)
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$482 billion. Gone in one day. Alphabet just had the worst day in its history, down 12.4%. Why? Search grew 12%. Analysts wanted 15%. Capex hit $51.4B in a single quarter. Free cash flow: negative $9.1B. And the bill keeps growing. $200B capex this year. $300B next year. Bears say AI answers are starting to hurt search. Cloud grew 103%. Investors still ran.
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Meal coupons just got a big tax upgrade. From 1 April 2026, employer-provided meal coupons are tax-free up to ₹200 per meal. Earlier limit: ₹50. That's up to ₹1.05 lakh a year (2 meals × 22 days). Now available under the new regime too. In the 30% slab, that can save you around ₹32,000 in tax. Ask your HR to restructure your salary.
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🚨Famous Indian Brands Stands For🚨 MRF~ Madras Rubber Factory PVR~ Priya Village Roadshow ITC~ Indian Tobacco Company DLF~ Delhi Land & Finance UPI~ Unified Payments HCL~ Hindustan Computers Ltd AMUL~ Anand Milk Union Ltd OYO ~ Om Your Own
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Jio was fast. Reliance Power was faster. Time taken for big IPOs to get fully subscribed: Reliance Power (2008): within 1 minute Jio Platforms (2026): about 100 minutes LG Electronics (2025): by end of Day 1 LIC (2022): Day 2 Hyundai Motor (2024): Day 3 18 years on, the 1-minute record still stands. Not investment advice.
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₹35 crore allegedly went missing from bank accounts and FDs at a Punjab National Bank branch in Greater Noida. Customers say: They never authorised the transactions. They never received a single alert. They never signed any document. One customer said, "I had ₹39 lakh... but now nothing is showing in it." The branch manager and several bank employees have been suspended. Police have launched an investigation. Save this: check your FD status directly with the bank, not just through SMS alerts.
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Why lock money in FDs at ~6-7%? These PSU giants pay similar dividend yields: HPCL: 7.15% Coal India: 6.68% IOCL: 6.39% REC: 6.32% BPCL: 6.09% FD: fixed interest, taxed at your slab. Stocks: similar yield + chance of capital appreciation.
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Gandla Mulaiah, 58, ran his own business in Nandyal. He bought a ₹50 lakh personal accident policy from ICICI Lombard. Premium: ₹14,445 a year. Cover: June 2025 to June 2028. Then a road accident took his life. His nominee filed the claim. The claim got stuck. ICICI Lombard kept asking for more documents. Then it rejected the claim, saying mandatory documents were not submitted. The family went to Kurnool Consumer Commission. The Commission called the rejection arbitrary and unreasonable. It held that ICICI Lombard can't bring in new conditions after the claim is filed. It also recognised the mental agony the nominee suffered. Order: ICICI Lombard (Mumbai head office and Kurnool branch, jointly) must pay the full ₹50 lakh. He paid every premium. His family still had to fight in court to get the cover.
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🚨 ISRAEL JUST BROKE ITS OWN POLITICS 🚨 Netanyahu's bloc: 53 seats Eisenkot's bloc: 48 seats Arab parties: a record 19 seats Majority needed: 61 Nobody has it. Likud is down 6 seats. Eisenkot's brand-new party is already at 21. Roughly 450,000 absentee ballots are still uncounted. Kingmakers? The Arab parties. Deadlock, a unity government, or a 6th election in 7 years?
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SpaceX got listed at 19% gain Jio listed at 21% gain today. Never bet against Ambani.
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Quite unusual post. Modi ji is turning more into GenZ.
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Technical Charts retweeted
💔 GODREJ SPLENDOUR, BENGALURU: Our dream home is a nightmare! OC issued ~1.5 years ago, yet no possession. @GodrejProp missed its Oct 14 invoice promise. I must vacate by Nov 15. Will my family be homeless despite paying for our home? @KarnatakaRERA
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Hey @grok , Netanyahu vs Eisenkot — who is more dangerous for Palestinians and Iranians? Pro or anti? Who supports trump?
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