discussion/opinion

“Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” - Albert Einstein this is a great calculator with chart - https://www.hdfclife.com/financial-tools-calculators/compound-interest-calculator Example One - Ajay, 23 years old, just...

Original Source: https://boringmoney.in/p/rbi-wants-traders-out-of-currency (my newsletter Boring Money -- if you like what you read, do visit the original link to subscribe and receive similar future posts directly in your inbox) -- The most vanilla reason to use a derivative is to hedge...

I have made a comparison of Real Estate as an investment option to earn yield via rent, versus a traditional FD and also an index fund. For this, I am using a 3 to 5 year old 3BHK apartment which is available for sale at 1.4 cr. Assuming no loan, although that may not be the case for everyone...

The other day, I accompanied my wife to buy a small earring set for about Rs 58 K -#my2cents on the experience Scanning through the bill, I saw Rs 12,800 making charge (seems high) and CGST+SGST of about 843 each So, a 'loss' of Rs 14,500 (about 25%) right out of the door that would take a...

Here's a comparison of the Cost of Borrowing for the major NBFC player's who have released their results: Dec-18 vs Mar-19 Data extracted from company filings: NBFC Name DEC-18 Mar-19 Change % Indiabulls Housing 8.6% 9.2% 0.6% Bharat Financial Inclusion 10.4% 10.9% 0.5% PTC India...

Own views - not from other analyst/ brokerages Dmart H2 FY24 Results Insights consolidated Revenue 19.7% up, PAT down 9% Same store sales growth 8.6% YOYStore additions H1 12 nos only ( vs 40-50 / yr last 2yrs) Revenue breakup H1 FY24 / H1 FY23 Food 56.2% / 54.75%...

If you’re the founder of a company, there are a few ways you can get some money out from the company’s bank account into your own bank account. You can draw a higher salary or bonus. You’re presumably still an employee; CEO, director, chairman, whatever. So you can just pay yourself a higher...

Original Source: https://boringmoney.in/p/byjus-is-sued-by-its-lenders -- Four years ago I read an article in The Ken titled The making of a loan crisis at Byju’s. The gist of the story was that Byju’s was an edtech doing phenomenally well selling its digital courses to parents of young...

I watched this video of LLA and thought I'll share it as well as get the community's thoughts and experience about it. LLA Video Link PS: I don't use these apps nor will I ever install them in future.

My father works in a PSU and really confused whether to take EPS by paying a additon amount.There is a lot of confusing between his colleague- most of them believe that if they opt for EPS they will also lose the CPF contribution from the employer. The EPS doc where one will get 23k pension by...

So I got an email from L&T Finance stating some rights issuance and some stock calculations. I can understand basic investments but anything beyond the surface confuses me. I did try to read and understand but couldn't make sense out of it. The email has few links to some kind of forms and...

Nifty historical data says every time nifty P/E ratio goes above 23 is overbought zone and will face correction and currently is about 30. It does not look safe at all. I already moved my SIP to liquid funds and waiting for a big correction. what you are doing?

https://www.thehindu.com/news/national/many-epf-account-holders-still-await-interest-credit-for-2021-22/article66464192.ece As per the above article, EPFO is still updating its system. IMO couple of months of delay is fine, but delay of more than almost a year is not acceptable. How much time...

Credit card is just like a beehive. If you know how to extract the honey from it correctly, you will benefit from it. If you don’t handle it carefully, it’s a death trap of debt. Comment Let’s look at some pros and cons of Credit Card. The first four are the Pros of Credit Card compared to...

Mid 2017: RBI forced Yes Bank to disclose that nonperforming loans were $630 million more than the $113 million reported in the company’s audited accounts for the year ended in March 2016. The divergence widened to almost $1 billion a year later. June 12, 2018 : Yes Bank's shareholders approve...

https://www.bseindia.com/xml-data/corpfiling/AttachHis/b99dc47e-6bf0-4a12-b7e3-fca63d2a22fa.pdf Shouldn't the results for quarter ended 30.6.2019 be the same as year ended 30.6.2019 - the financial stmt is a snapshot of what's happening within the companies books? He's also listed the previous...

Hi All, As I have seen in this forum, there is very strong opinions about NPS on both sides. Most of the concerns about this product is related to the liquidity & annuity part. I am trying to understand is there any specific use cases where this product can be viable (Possibly better) than the...

I'll start: when leaving a company, and if you were enrolled into its group health insurance (paying user; free ones don't apply), you can talk to the insurer and convert/merge it into an individual policy to take advantage of the PED years accrued there. Here's a bit more information on ET.

These are some important lessons I have learnt over 30 years of investing from a young age . These are my experiences , so I cannot really post hard data or do analysis . They have become part and parcel of what I think Get rid of all membership programs , frequent flyer miles, restaurant...

First published this on my newsletter Boring Money. Do visit the original link and subscribe if you like read this! I write about finance in India in a way that's fun and enjoyable but doesn't dumb down the subject matter. Finance can be fun! https://boringmoney.substack.com/p/rbi-cbdc-erupee...