My Wealth Guide(@MWGIndia) 's Twitter Profileg
My Wealth Guide

@MWGIndia

Simplifying Money. Making Your Money Work as Hard as You Do. Founder @quirkylogic . SEBI Registered. India's Top 100 Women in Finance
BECOME FINANCIALLY FREE ⬇️

ID:1163664716121513985

linkhttps://linktr.ee/mywealthguide calendar_today20-08-2019 04:11:13

1,0K Tweets

871 Followers

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

Fed turns hawkish as inflation becomes sticky. It means delayed and fewer rate cuts.

🐅What does this mean for India ?

➡️Capital outflow - We have already seen an outflow of Rs 16K Crs putting Rupee under pressure.

➡️RBI will delay cutting rates

➡️Current account deficit…

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

🥻Noodle straps.

That's the first thing that comes to mind when I think of mandira bedi

🏏It was incredibly inspiring to hear her tale of perseverance and tenacity, carving her niche in a field overwhelmingly dominated by men.

✨Mandira's journey served as a reminder that…

🥻Noodle straps. That's the first thing that comes to mind when I think of @mandybedi 🏏It was incredibly inspiring to hear her tale of perseverance and tenacity, carving her niche in a field overwhelmingly dominated by men. ✨Mandira's journey served as a reminder that…
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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

👩‍🎓An extremely (I mean extremely) successful woman was asked at a women's award function what she considered her biggest achievements.

👶Answer- Her children and grandchildren.

🤱I don't recall any men answering similarly. Are women hard-wired to be nurturing ? That being a…

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

Profits are like oxygen, you need oxygen to survive but breathing is not the only thing humans are made for.

- Anand Piramal

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

2% returns a month !

🙅If something seems too good to be true, it probably is.

🏫 Financial literacy is an issue across all strata of society. And so is greed.

Important to understand
➡️ Where your money is being invested
➡️ How the returns are being generated
➡️ It's in your…

2% returns a month ! 🙅If something seems too good to be true, it probably is. 🏫 Financial literacy is an issue across all strata of society. And so is greed. Important to understand ➡️ Where your money is being invested ➡️ How the returns are being generated ➡️ It's in your…
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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

And if the lowest cost is the criteria why even Direct or ETFs ?

Best to buy the 50 stocks and keep rebalancing them.

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

If you're not getting the service move to someone else.

If you think you have the time and knowledge, go DIY into Direct.

It's as simple as that.

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

When you look at the difference in actual performance between Regular and Index funds, the difference is nominally.

A small price to pay for the handholding and service you get.

When you look at the difference in actual performance between Regular and Index funds, the difference is nominally. A small price to pay for the handholding and service you get.
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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

NIFTY 50 Index - 12 of the largest and oldest funds.

I don't like point to point returns so I've used rolling returns to compare the % outperformed vs Nifty 50 (just the index, if I'd taken TRI then the numbers would be worse off) across the entire history of the fund.

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

If only people spent as much time trying to understand the life they truly want and planning their finances to achieve it instead of debating Active vs Passive/ Regular vs Direct. On Twitter.

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

😱 Are you invested in this category where majority of the funds have underperformed the Index ?

After reading the SPIVA report, I decided to do a little experiment.

Can you guess what category this is ?

😱 Are you invested in this category where majority of the funds have underperformed the Index ? After reading the SPIVA report, I decided to do a little experiment. Can you guess what category this is ?
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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

Government ends the tax relief for FPIs from Mauritius. This could affect 6% of total FPI assets or Rs 4Lakh Crs.

Think the markets will react to this tomorrow ?

Government ends the tax relief for FPIs from Mauritius. This could affect 6% of total FPI assets or Rs 4Lakh Crs. Think the markets will react to this tomorrow ?
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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

One of the more balanced articles on picking the right person to manage your investments.

One more factor I'd like to add is someone who's been through atleast 1 bear market like 2008. (2020 doesn't really count)

moneycontrol.com/news/business/…

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Salonee Sanghvi, CFA(@QuirkyLogic) 's Twitter Profile Photo

The constant stress testing of small and mid caps funds will hamper investors more than benefit them as funds increase focus on investing in larger liquid companies.

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