Sanket Vantamuri
@VantamuriSanket
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Curious About Finance & Handling Office Politics
Mumbai, India
Joined March 2020
Calmness is not controlling your emotions, it's understanding them.
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Want to differentiate your business? Sell unique experiences, not just unique products.
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They say, 'The Devil is in Details' I say the money is in the details.
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A study from Fidelity found, From 2003-2013, the best performing accounts were from investors who were dead... What about the second best performing accounts? Investors who had forgotten they had an account... Buy, hold, and be patient!
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I have decided to stop eating junk food and invest that ₹1293/week into dividend stocks so that when I'm 55 I can be extremely skinny and filthy rich
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If you're sick of arguing about which stocks are going to go up 1. Invest in index funds 2. Forget about it 3. Get back to work earning more money to invest in your index funds
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my doctor says you can't make doctor by readin up on google, but the same doctor thinks he can do stock investing reading up google/twitter applicable to all professionals who pick stocks on one hour research
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Wealthy people invest first and spend what is left. Broke people spend first and invest what is left.
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Truckers in Cambodia and Thailand are paying a different kind of tax for transporting sugarcane. 😃
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You become wealthy in the long term by investing, not by saving.
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Beginners' financial mistakes: 1. No budget 2. Piling up on debt 3. Buying a new car 4. No emergency fund 5. No retirement account 6. Never-ending payments 7. Paying off debt with savings 8. Buying an unaffordable house 9. Excessive and Frivolous Spending What would you add?
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The rich get richer because they invest their money in compounding assets. If you want to get rich, keep buying assets and let compounding do it's thing
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It is human nature to under-analyze when stocks go up and overanalyze when stocks go down. You let the stock price validate or invalidate the business instead of doing the work on the business. Investing is a game of separation. Separate the business from the stock. Do the work.
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If you kill a chicken, you have food for a day. But if you eat the eggs, the chicken lays, you'll have food for days. Your salary is your chicken. Don't eat it. Invest it. The dividends from your investments are your eggs. Eat them NEVER the chicken. FINANCIAL FREEDOM
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Reminder: when investing in crypto, ONLY INVEST WHAT YOU CAN AFFORD TO LOSE.
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Assets will make you a millionaire, not cash. Stop thinking of paper money as wealth, and start looking at assets as wealth. Inflation can make paper money useless, but assets will retain their value by being recalculated to reflect the prevailing market rate
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Nothing tests your conviction like falling stock prices. Conviction isnt proven on the mountaintop, it's proven in the valley.
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There's a path to financial independence and it includes hard work, disciplined savings, consistent investing and receiving a large inheritance.
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What I usually do when a good stock falls - My Strategy in Simple Words : 1. Stock is falling due to routine correction - Buy in SIP 2. Stock is falling due to bad news - Wait for clarity 3. Stock is falling due to bad results - Exit What's your strategy in Falling Market ?
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You will buy stocks you shouldn't You will sell winners too soon. You will hold losers too long. But whatever you do don't blame others. When you blame others for your investing mistakes it proves you didn't do enough of your own work. Own your mistakes so you learn from them.
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