Eternal fool 🤡
@passivefool
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An almost passive parasite. Rajinikanth, Kingfisher, & masala peanuts. I'm in ❤️ with a low-cost broadmarket index fund: https://t.co/HX9ZEUUJbv.
Bangalore
Joined September 2018
Cockroaches (options trainers/seminars), bottom feeders (influencers), scammy tipsters, and other disgusting creatures have become a real nuisance. A few thoughts on these creatures and how to avoid them yet, not die poor under a flyover. https://t.co/TXvywotiNS
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Here's a personal finance hack. If you're in Bengaluru, sell your vote to the highest bidder and invest that money in mutual funds at 12% for 25 years. But make sure to sell, I mean vote. #KarnatakaAssemblyElection2023
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She made the adults poor, now she's gonna make the kids homeless.
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How to pick index funds and ETFs? @AaratiKrishnan explains. Register for free to read if you are not a PrimeInvestor:
primeinvestor.in
“Which equity fund should I buy?” When asked an open-end question like this, most financial experts recommend an index fund. Choosing an index fund is supposed to be far easier than choosing an...
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Fixed it. No one is optimistic that the Taliban can be incentivised to not blow up people. But modest measures to blow up less people would explore the possibility
No one is optimistic that the Taliban can be incentivised to behave better. But modest measures would explore the possibility
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In absolute terms, if you had invest in $NOPE ETF (instead of saying "nope" to it), you would've made 60% absolute return. Is that correct?
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Ps This is how you get lot of retweets. Just post lots of macro porn with the least amount of context.
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All the people who think US is the biggest economy, they have the best companies, a safe haven currency, and biggest army are deluded. It's math. US GDP is $26 trillion. Their debt is $31 trillion. So their GDP is NEGATIVE $5 TRILLION. It's math!
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In fact, the US is buying its own debt. It's a Ponzi scheme. It's like a bank taking a loan from itself and then repaying it.
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All the people who think US is a safe haven are going to lose their money. The dollar is losing ground and China will start dumping treasuries. The US is going bankrupt
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If a person takes a loan, he cannot keep taking new loans to pay the old ones. It's the same with countries too. Imagine borrowing $31 trillion and then borrowing another $31 trillion to pay it back!
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🔴America is going bankrupt and this is going to ruin your life. America has borrowed $31 trillion and a debt to GDP of 129%. It cannot keep borrowing forever. A threat🧵
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The guys who make dosas in darshinis belong in Avengers then.
Perfect dosas are just the beginning; with such skillful hands, there's no limit to the power they can bring to the world.
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This stat right here ends the debate about Passive and Active. Direct and Regular Take top 7 cities out and the rest are stuck in FDs. There is a HUGE RUNWAY for MFD How else wud retail participate, one fine morning, they are supposed to get an epiphany and start reading
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Would it be too polite to say: Influencers are venereal diseases on the consciousness of Indians?
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Fuck them. Deport them to Burkina Faso.
“Social influencers and financial influencers are all out there but a strong sense of caution is required in each one of us”
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LLM's like ChatGPT are a bit like Twitter people, seldom right but never in doubt.
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No insurance No returns Hefty charges and fees In other words, a distributor's wet dream.
ULIPs Too. @passivefool @lonelycrowd Fundamental principle : Don’t mix insurance and investments #insurance #investing
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