Wealth Magnifier
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Repost from Jaspreet Singh
Bajaj finance which was shared on 30 Jan 24, made high of 7350 today.
Reversed from 2nd range mentioned, from 6200 to 7350 now. First 2 targets have been attained and very near to 3rd target of 7500.
Picking right stocks at right price is the key. 🌈✅✅🌈
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Repost from Jaspreet Singh
Pi Industries which was added on Jan 23rd, hits 3938 yesterday.
This one alao reversed from 1st range mentioned. From 3220 to 3938 now.
All 3 targets have been attained in this one too. Mentioned good hold for mid to long term in this one too.🎯🎯✅
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Repost from Jaspreet Singh
HDFC bank which was shared on 13 Feb 24, made high of 1530 today.
Reversed from 1st range mentioned, from 1370 to 1530 now. First 2 targets have been attained and very near to 3rd target of 1540.
Mentioned good hold for mid to long term at current levels. 🌈✅✅🌈
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Repost from Jaspreet Singh
Please follow me on my channel for useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
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Repost from Jaspreet Singh
Top News:
🍂 HDFC bank completes ₹9553 Cr stake sale in education unit HDFC Credila (+ve HDFC bank)
🍃 Patanjali MD Acharya Balakrishna submits apology to SC in misleading ads case ( - ve Patanjali foods).
🍂 Residential Real Estate could see another peak in 2024 (+ve DLF, Godrej properties, Oberoi Reality).
🍃 TCS signs 7-year multimillion dollar deal with Denmark based Ramball to transform IT infrastructure for the company. (+ve TCS).
🍂 SBI Cards partners with Titan for Co-branded Card (+ve SBI cards, Titan).
🍃 Airfares & Hotel rates shoot up ahead of Holi, Good Friday (+ve Interglobe aviation, EIH, Indian hotels).
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Repost from Jaspreet Singh
HDFC BANK now at 1464. Shared on 13 February. First target has been attained and very near to 2nd target.
Reversed from 1st range mentioned, from 1360 to 1464 now. ✅💥💥🎯
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Repost from Jaspreet Singh
TIP - 10: Weekend Special:
Early Retirement Roadmap:
Retiring early is a dream for many. It's a goal that requires careful planning and disciplined investing. Retirement planning should be done in early 30s as it will be a daunting task if done in 40s & 50s as Power of Compounding is most effective in longer durations.
Here is what you should consider before retiring early:
-Your Current Monthly Expenses
- Your Current Lifestyle and whether you wish to improve it.
- Money to meet sudden emergencies.
- No. of years upto to retirement.
- Life Expectancy
- Your current Corpus
- Expected inflation
- Expected returns from your Corpus and investments
- Dreams & Goals to meet in Retirement life and before that.
- Current outstanding debts.
Some tips that can help you plan it better and achieve it early:
- Get a sufficient Health cover
- Start as soon as you start earning
- Invest in Right Asset class which can beat inflation easily.
- Increase investment regularly as per increase in income or getting some bonus/gains.
- Pay off & avoid debt.
- Review your investments on yearly basis and modify if required.
- Avoid withdrawing from Retirement kitty to meet current expenses.
- Take help of a Professional to manage your Corpus.
- Invest and Multiply your Savings.
- Keep Emergency funds in liquid accounts.
- Try to create different sources of income with things/hobbies in which you are good in.
- Diversify your Corpus when near Retirement.
Please follow me on my channel for more useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
- Jaspreet Singh (Financial Coach)
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Repost from Jaspreet Singh
TIP - 8:
Ways to improve CIBIL score?
1) Don't spend more than 30% of total Credit Card limit in any month.
2) Always make the full payment of Credit card bill before payment due date. Never revolve the balance by paying the minimum amount due.
3) Never miss payment of any instalment of any debt.
4) Avoid frequent applications to new Credit Cards or new loans.
5) Frequently check CIBIL score, and report discrepancy immediately if found.
Having high CIBIL score will get you loans easily and on lower Interest rates than others.
Please follow me on my channel for more useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
- Jaspreet Singh (Financial Coach)
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Repost from Jaspreet Singh
Adding HDFC bank (CMP: 1390) between 1340 - 1390, will add more if comes between 1275 - 1330 for targets of 1425/ 1475/ 1540++
Keeping a SL of 1250 on closing basis. A good hold here for mid to long term as well. Only cash buying with limited quantity, no Futures and options.
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Repost from Jaspreet Singh
Are you buying iPhone for ₹23 Lakhs?
An individual (30 years old), wanted to start an SIP of 12,500/month for 20 years to fulfill his financial goals.
However, as his colleague bought a latest model of iPhone, he got impressed and decided to buy an iPhone for ₹1.5 Lakhs by delaying SIP for an year.
If he would have done ₹12,500/month SIP for 20 years, his final Corpus would have been ₹1.65 Crore with an investment of ₹30 Lakhs.
However, by delaying investment for an year, his final Corpus become ₹1.42 Crores in 19 years with total investment of ₹28.5 Lakhs.
So, his new iPhone costed him whooping ₹23 Lakhs
Are you also doing the same mistake, if yes, it can cost dearly in future. How secure will be your Financial future depends entirely upon what steps you take today.
Follow me on my channel for more Useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
- Jaspreet Singh (Financial Coach).
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Repost from Jaspreet Singh
TIP - 5:
If you are Smart, you don't need Leverage. If you are not Smart, you shouldn't use Leverage.
- Warren Buffett
( Leverage is when one uses borrowed funds (debt) for buying another assets hoping that the income of the new asset or capital gain would surpass the cost of borrowing).
Mostly people use it in Futures & Options trading. Avoid it, else it can spoil Financial future.
Follow me on my channel for more Useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
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Repost from Jaspreet Singh
TIP - 4: Weekend Special
Most people don't understand the Magic & Power of Compounding. Let me show a small example:
Let's say, Ramesh's Child is born in January 2024. Ramesh started a small SIP of ₹5000 in the same month his Child is born and kept increasing it by 10% every year.
When his Child will turn 18 years old, Ramesh will have around ₹1 Crore Corpus (with 15% returns).
Now, he stops the SIP and withdraws ₹60 Lakhs from that Corpus (which will have current value of around ₹26 lacs) for his Child's Education. The remaining ₹40 Lakhs will keep Compounding.
When his Child turns 25 years old, his ₹40 Lakhs will once again turn to around ₹1 Crore. He can now use these ₹1 Crores for his child Marriage (which will have current value of around ₹25 Lakhs due to Inflation).
This is Magic & Power of Compounding. Starting even a small SIP creates Magic in the long term.
Follow me on my channel for more Useful updates like these:
https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
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Repost from Jaspreet Singh
Follow the Jaspreet Singh (Money Matters) channel on WhatsApp: https://whatsapp.com/channel/0029VaMlYhR6RGJ91cpCNg0O
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Repost from Jaspreet Singh
Adding Bajaj Finance(CMP: 6810) between 6510 - 6810, will add more if comes between 6200 - 6500 for targets of 7000/ 7250/ 7500++
Only cash buying with limited quantity, no Futures and options.
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Repost from Jaspreet Singh
Adding Bajaj Finance(CMP: 6810) between 6510 - 6810, will add more if comes between 6200 - 6500 for targets of 7000/ 7250/ 7500++
Only cash buying with limited quantity, no Futures and options.
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Repost from Jaspreet Singh
KIND ATTENTION TO ALL MEMBERS
Disclaimer: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing.
This group/channel is only for Education Learning & Knowledge Purpose. Admins have no responsibility for your intended decision & financial losses.
Stock market investments are RISKY and being part of this group/channel, you agree that you understand the Market risks involved.
Profits and Losses are part of market. We don't encourage Future & Options trading as per SEBI 9 out of 10 FNO traders make losses. One should invest for mid to long term in fundamentally strong stocks in cash only without liverage.
Disclaimer/ disclosure
👉This group/channel does not provide any tips/recommendations/advice
👉All updates/posts/discussions are only for education and learning purpose.
👉Do Consult your financial advisor before taking trades or investment decisions
👉Group Admins or Members are not responsible for any financial losses.
👉Buying in cash with limited quantity and with proper stop loss is a proper way to follow.
All the posts are for education and learning purpose only.
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Repost from Jaspreet Singh
Begin your journey to wealth with just a small step: start a Systematic Investment Plan (SIP) today and set the foundation for a future of wealth and financial stability.
Connect with us: https://www.assetplus.in/mfd/ARN-179055
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Repost from Jaspreet Singh
Wishing you all a happy, joyous & prosperous New Year 2024.
May this year be your stepping stone to Financial Freedom with abundant investment opportunities.
Connect with us: https://www.assetplus.in/mfd/ARN-179055
