Someone is back on Twitter with praising PayTM and the founder 👍

This lawyer posted dismissively today that PayTM is just another stock and it falling down is no big deal.
But also posts everyday how their picks performed well, because then those stocks don't remain 'just another stock' but become their 'picks'.
Beware!

Add SGBs to your portfolio apart from Mutual Funds.
When markets crash, you will hear about it. No need to track it everyday.
Have a good mix of MFs with smallcaps, midcaps, and large caps.
No F&O.
No individual stock picking.
Not worth your health.
Not worth your time.

For 99% of retail investors, adding good Mutual Funds and dropping off bad Mutual Funds is the best thing for themselves and their families.
Continue the SIP. Never look at the markets.
Increase SIP to 2x to 3x temporarily during crash.
Focus on skills.
Focus on health.

Delete all social media apps. Now.
Including Twitter / X.
Use them via websites once a week for 30-60 minutes.
That's it.
Stop silly subscriptions.
You are not only damaging your own brain, wasting your life, but even of your children with smartphones.
Act now!

Do not follow those financial advisors or PMS-sellers whose primary job has become to tweet everyday or create YouTube videos everyday.
That means they are in the business of selling and not stock picking.
Go by those who focus on their job, and appear publicly once in a while.

Be wary of a lawyer who regularly posts views on various stocks.
Posted many positive views on PayTM even after Buffet's exit.
Since few days, no post on PayTM.
Always keeps reminding how they picked stock X and how X performed and any good news about X.
Not a single squeak now.

People are going gaga over this lady who is leading this government organization in the name of “looking” after the interests of retail investors.

Well, don’t be deceived by impressions and polished appearances.

Adani saga should tell you how the people who claim to be the upholders of truth are everything except that.

Especially a lady “journalist”. She’s been doing this since decades.

I know of this person who is part of bear spaces. Started Telegram channels. Taking payment in the form of Amazon Gift cards.
Person is genuine.
But in a recent performance screenshot, skipped loss making picks like GNFC.
Wondering why so!

There will always be some ethical compromises you would have to do to become rich.

Whether you like it or not, that’s the world we live in.

Always beware of folks who claim to be doing public good by exposing others.

Never forget who was against Harshad Mehta for progressing their own fledgling career.

If you fall for sky-high returns, give your money to someone, it is you who is primarily at fault.

Would you give your child to someone else to be raised?

Then why give your money to an unlicensed chap?

Never go by narratives of bull run or bear grip.

Analyze your own stocks. Don't get distracted by noise.

When you think of the past there is always regret.

I invested in a railway stock and it became 8x in 12 months.

Now I feel I should have invested more.

But if I think I will now go 'all in' in my next stock because 'what if' it becomes a multi-bagger, then it's my stupidity.

Person 'A' is the king of smallcases, and gives decent advice on diversification of assets. But is in love with Real Estate.

Person 'B' is the king of failed PMS and now has multiple smallcases. He hates Real Estate and asks followers to sell it and invest in equities.

#furus

A friend of mine works in a large PSU bank. His office is right next to Marine Drive, Mumbai.

He has been working there for more than a decade.

His understanding about stocks and mutual finds is ZERO.

ZERO.

Just because someone is in a bank doesn't mean anything.

Start a PMS.
If it fails, peddle crypto.
If crypto fails, start smallcase.
If smallcase fails, start Youtube.

Then start charging 50,000/- rupees per hour for meet and greet.

Then say PMS failed because investors were impatient.

Karmic cycle completed.

#askfurus

In stock markets, many folks jump straight into F&O because they feel they missed the bus of investing in younger years, missed 2020-2021 rally, and so on and so forth.

Remember: lost time cannot be made up by stupidity.

Be slow. Do SIPs. Don't jump in using lump sum amounts.

If you are from IIT Bombay, in your LinkedIn profile you write IIT Bombay.
If you are from IIT Ropar, you just write IIT.

If from INSEAD France, you write that on LinkedIn.
If from INSEAD Singapore, you just write INSEAD.

Such is the life of furus.

Got it?

#furus