Day Trading Stocks & Futures

[man.i]

Rumour : Madam may get relieved from finance ministry, part of another cabinet reshuffle

 

[mohan.sic]

iamyourtroll, he did answered all you questions if you care to read. His advice was for full time traders. So plz take it or leave it.

just irrelevant.....impractical I too find his examples are.. one example as below:

see the example someone living in Hyderabad earning 5 lakhs a year and building a house in Srikakulam with monthly savings.

5 lakhs a year - 40 k per month. Now he lives in hyd in rented house. say 8 k. minimum + he will have spending of minimum 12 k a month. So his savings cannot be more than 20 k per month. That too if this man do not eat a pizza or never even look at a glass of beer.

Now how is it practical to build a house with 20 k a month ?
A house will cost atleast ….15 lakhs. A simple normal 2 bhk without any extras will cost that to built.

Is house building some like a systematic investment plan where he spend small fixed amount every month ?

Now 15 lakhs / 20 k = 75 months. = 6 years to construct a simple house.

Even forget about the time, how do you buy material ? 20 k per month = Like a monthly grocery, one should buy 500 bricks, 10 bags of cement, every month. And how will contruction labour work .. 3 days budget a month?

How impractical it is. All this is after he owning a plot of land. Now see if he does not own a land. Then how ?...may be he should buy 2 square yards every month with his 20 k ....

 

[Smart_trade]

Kotak Bank completed its QIP issue and issued shares to qualified Institutional Investors to reduce shareholding % of Uday Kotak as per SEBI directives. That clears one issue for Kotak Bank...

Smart_trade

 

[apegaonkar9]

https://indianexpress.com/article/i...ng-community-transmission-has-set-in-6435172/

Its grave concern

 

[siddhant4u]

just irrelevant.....impractical I too find his examples are.. one example as below:

see the example someone living in Hyderabad earning 5 lakhs a year and building a house in Srikakulam with monthly savings.

5 lakhs a year - 40 k per month. Now he lives in hyd in rented house. say 8 k. minimum + he will have spending of minimum 12 k a month. So his savings cannot be more than 20 k per month. That too if this man do not eat a pizza or never even look at a glass of beer.

Now how is it practical to build a house with 20 k a month ?
A house will cost atleast ….15 lakhs. A simple normal 2 bhk without any extras will cost that to built.

Is house building some like a systematic investment plan where he spend small fixed amount every month ?

Now 15 lakhs / 20 k = 75 months. = 6 years to construct a simple house.

Even forget about the time, how do you buy material ? 20 k per month = Like a monthly grocery, one should buy 500 bricks, 10 bags of cement, every month. And how will contruction labour work .. 3 days budget a month?

How impractical it is. All this is after he owning a plot of land. Now see if he does not own a land. Then how ?...may be he should buy 2 square yards every month with his 20 k ....

Im not sure about the example he has given, but I too have no debt and bought land and other investments from savings. One senior member here know how much is the value.

What his point was that if you are a full time trader, doesn’t make sense to take loans (that was his personal opinion) so we can accept it or disagree and move on.

 

[jd1234]

PVR Daily

 

[TraderRavi]

Q4 GDP figures overstated? Economists raise doubts over quality of data

Economists believe that the recently released gross domestic product (GDP) numbers for the Q4FY20 may have been overstated. They say that the substantial changes in the growth figures for the first three quarters of the year have raised doubts over the quality of the data.

Former Chief Statistician Pronab Sen was of the view that the GDP at current prices for the fourth quarter has been overstated by Rs 2 trillion. The GDP was shown as Rs 53.3 trillion for the fourth quarter in the data put out by the National Statistical Office (NSO).


https://www.business-standard.com/a...ubts-over-quality-of-data-120053100508_1.html

 

[TraderRavi]

Modi indicates restricting imports of goods that can be made in India

https://www.business-standard.com/a...that-can-be-made-in-india-120053100310_1.html

 

[mohan.sic]

ha ha
you fixed his example
and that commie too !!!!

btw, my post was deleted (expecting it)
already took screenshot of same lol lol

sir, no haha pls.. I have zero intension to make fun.

I posted it bcz I found it not practical. That's it.

 

[mohan.sic]

Im not sure about the example he has given, but I too have no debt and bought land and other investments from savings. One senior member here know how much is the value.

What his point was that if you are a full time trader, doesn’t make sense to take loans (that was his personal opinion) so we can accept it or disagree and move on.

No even i dint say anything on other opinions. Opinions are opinions. But a real example quoted with amount and places is not a opinion ..so just posted on it. Guess that is ok.