ComfortableTrader

11/05/2024

Legendary Fund Manager Jim Simons of the Medallion fund passed away on May 10th 2024 . He is the only person on this planet who has beaten the best fund managers hollow. His fund has generated a staggering 66% return for almost 30 years. No one even comes close.He has also donated all his money to charity. My icon, will miss him dearly.

Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world's most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday. The Simons Foundation did not give a cause of death.

10/11/2023

This is a live market watch on New Highs and Lows + Stocks breaking supports and resistances and Volume increase by 100%.Hope you find it useful.Happy Invest...

24/10/2023

India is expected to become the world's third-largest economy by 2030, surpassing Japan. This means India's economic output, measured in dollars, is predicted to double from $3.5 trillion in 2022 to $7.3 trillion in 2030. Right now, Japan is the third-largest economy globally, after the United States and China.
The reason for India's economic growth is that it has been getting a lot of foreign investments over the past ten years. This is because people believe in India's long-term economic potential, thanks to its young population and rising incomes in cities. In 2022, India's economy had already become bigger than that of the United Kingdom and France. The report says that by 2030, India will also have a larger economy than Germany.
Japan's economy, on the other hand, is expected to slip from the third-largest in the world to the fourth-largest, behind Germany, according to the International Monetary Fund.
In recent times, India has been one of the standout performers among developing countries. The country's businesses have been selling a lot of goods and services, which is a sign of a healthy economy. In comparison, Russia has also seen strong growth, while China's economy has slowed down a bit, and Brazil's economy has had some setbacks.
Also, the world's overall economic growth has been slowing down, and it's currently the slowest it has been in the last eight months. This is not a good sign. There are also concerns because the number of new orders for products and services globally has gone down for the first time in a while, and there's less work to do, which suggests that things might get even weaker in the months ahead.
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20/09/2023

Will Fed Reserve raise interest rates is the million dollar question as it impacts all global markets. We maintain that the Federal Reserve plans to keep the interest rates high, which they've maintained for 22 years, to control the US economy. They want to be cautious because inflation is a big concern.

The committee responsible for these decisions won't raise interest rates during their recent meeting. They want to be careful about making changes because inflation is stubbornly high.

Since March 2022, the Federal Reserve has been working hard to reduce spending by businesses and consumers to fight high prices.

The Federal Reserve will also share what its officials think about the economy. They'll probably say the economy is doing better than they thought in June, and they want to keep interest rates between 5.25% and 5.5%, which might mean one more small increase this year.

But they're not sure if they should make things even tighter. They are worried about problems that could hurt the economy, like problems in the job market and other challenges.

The officials also worry that the higher interest rates they've set might be starting to cause problems now, like fewer jobs. There are also new problems like students having to pay back loans, a strike by autoworkers, and the possibility of the government shutting down.

The officials are thinking about all these concerns, but they also see that people are still spending a lot of money, which could keep prices high.

And there's one more problem. Oil prices have gone up because there's less oil available. This could make many things more expensive.

While some people think the Federal Reserve will keep interest rates the same until 2024, many economists believe they need to do more to control inflation. Most economists think there will be at least one more small increase in interest rates, and some think there could be two or more. They don't expect the Federal Reserve to lower interest rates until at least the third quarter of next year or even later.

22/08/2023

Here are some of the best quotes from Morgan Housel on Investing & Money.

1. "Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behaviour is hard to teach, even to really smart people."
- This quote highlights that success in managing money isn't just about having knowledge or intelligence. It's more about your behavior and how you handle financial decisions. Good financial behavior, like saving, investing wisely, and avoiding impulsive spending, is essential for financial success. However, changing behavior can be challenging, even for intelligent individuals.

2. "Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time."
- This quote emphasizes that money's primary benefit isn't just its purchasing power; it's the freedom it provides. With enough money, you can have control over your time and life decisions, allowing you to focus on things that truly matter to you.

3. "Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness..."
- Building on the previous point, this quote underscores how lacking control over your time can negatively impact your overall happiness. Money used wisely can liberate you from mundane tasks and jobs you dislike, enabling you to pursue activities that bring you joy and fulfillment.

4. "Assume the worst, hope for the best, and accept reality."
- This quote advises adopting a balanced mindset when making financial decisions. It suggests being prepared for challenges (the worst), maintaining optimism for positive outcomes (the best), and facing the reality of the situation with a clear perspective.

5. "Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you."
- This quote emphasizes that saving money can be achieved by controlling your expenses. One way to spend less is by reducing your desires and focusing less on external validation. When you're not overly concerned about others' opinions, you're less likely to engage in excessive spending.

6. "If you want to do better as an investor, the single most powerful thing you can do is increase your time horizon. Time is the most powerful force in investing."
- This quote stresses the significance of a longer-term perspective in investing. The longer you hold your investments, the more you can benefit from the compounding effect and ride out market fluctuations.

7. "The best company in the world run by the smartest management can be a terrible investment if purchased at the wrong price."
- This quote highlights the importance of not just considering the quality of a company but also the price you pay for its stock. Even an exceptional company can be a poor investment if you buy its stock at an inflated price.

8. "Spending money to show people how much money you have is the fastest way to have less money."
- This quote points out that trying to impress others by displaying your wealth through conspicuous spending can quickly deplete your financial resources.

9. "Getting rich and staying rich are different things that require different skills."
- This quote draws attention to the distinction between achieving wealth and maintaining it. Gaining wealth might involve risk-taking and entrepreneurial skills, while sustaining wealth requires prudent management and a different set of skills.

10. "Investing is not the study of finance. It’s the study of how people behave with money."
- This quote reframes investing as an understanding of human behavior in the context of money. Successful investing involves recognizing how emotions, biases, and psychology influence financial decisions.

These quotes from Morgan Housel provide valuable insights into the psychological and behavioral aspects of money, investing, and financial decision-making.

Hope it made sense to you as well. Happy Investing !!

05/08/2023

Interesting

Is india truly shining ? Here are some unknown facts about India. Post Covid19, one country, which has exceeded. Everybody's expectation has been India and ...

31/07/2023

Investing is a bit like farming. Let's imagine you have a little farm where you grow crops. Here's how you can think like a farmer when it comes to investing:

1. Don't rush: Just like a farmer doesn't yell at the plants to grow faster, don't expect quick results from your investments. Be patient and give them time to grow.

2. Be understanding: Sometimes, plants take time to grow bigger and give fruits. Similarly, investments may not always make money right away. Don't get upset if they don't grow quickly.

3. Stay committed: A farmer doesn't pull out plants too early; they let them grow and mature. Likewise, don't sell your investments too quickly just because the market goes up and down. Stick to your plan.

4. Choose wisely: Farmers pick the right plants for their land. Similarly, do your research and pick investments that fit your goals and what you can handle.

5. Keep adding: Farmers water and fertilize their crops to help them grow. Keep adding money to your investments regularly to make them grow too.

6. Remove the bad stuff: Farmers remove weeds that hurt their crops. Get rid of investments that aren't doing well and focus on the good ones.

7. Expect ups and downs: Just like farming has good and bad seasons, investing has its ups and downs. It's natural, so be ready for both and don't panic when things get tough.

So, remember to think like a farmer when you invest - be patient, choose wisely, and take care of your investments for a bountiful harvest in the long run!

31/01/2023

PRESIDENT ADDRESS HIGHLIGHTS

ECONOMY
* India now the fifth-largest economy
* Government working towards modernisation, tech promotion
* Need to build 'Aatmanirbhar' India by 2047
* Government brought country out of policy paralysis
* India much well-placed than other countries
* Government eased income tax return filing process
* Taxpayers want stable solutions to issues, not shortcut
* Ayushman Bharat helped save 200 bln rupees
* Government included small businesses in formal banking
* Women entrepreneurs 70% of MUDRA Yojana beneficiaries
* World recognising India as 'pharmacy of the world'
* Global companies setting up manufacturing units in India
* India one of the largest exporters of mobile phones
* Export of products made in India rising
* India to work with G20 countries against economic challenges

INFRASTRUCTURE
* Government mapping rural infra under Svamitva scheme
* Project delay, lack of coordination key infra hurdles
* India's infrastructure sector faced twin challenges
* Multi-modal connectivity to be increased by PM GatiShakti
* Over 550 districts to be linked to highways soon
* Economic corridors to rise to 50 from 6
* Government modernising big railway stations
* Working on large scale for adoption of electric mobility
* 7,000 electric buses being added in big cities
* Government working on over 100 waterways in country
* 27 cities working on metro networks

SOCIAL SECTOR
* Government using innovation, tech for public welfare
* Over 300 schemes linked to direct benefit transfer
* India's stable, decisive govt helped fight pandemic
* India lifted millions out of poverty via welfare plans
* 500 mln people got free treatment under Ayushman Bharat
* Medicines available at cheap rates at 9,000 Aushadhi centres
* 110 mln households got piped water in Jal Jeewan mission
* India prioritised assistance to poor during pandemic
* Govt spent 3.5 trln rupees on Pradhan Mantri Garib Kalyan Anna Yojana
* Government emphasising on welfare of marginalised sections
* Government gave loans to 4 mln vendors under PM SVANidhi
* Efforts for girl education, sanitation cut dropout rate
* Government opened bank savings accounts for millions of girls
* Over 260 medical colleges set up between 2014 and 2022
* Added over 300 varsities in past eight years
* More than 5,000 colleges opened between 2014 and 2022

FARM SECTOR
* Government helping small farmers via MSP hike
* All efforts being made to empower 110 mln small farmers

MISCELLANEOUS
* Need to build modern India connected with past
* President calls for stronger unity among people
* Government to complete 9 years in office on road to progress
* Self-confidence among Indians hit peak in last 9 years
* India now giving solutions to global problems
* India becoming major space power in the world
* India becoming a hub of hi-tech knowledge
* India rank risen from 81 to 40 in global innovation index
* India at fourth spot in global renewable energy ranking

30/01/2023

Think of the Stock Market as a dense African Jungle...
In this Jungle there are the following
• Many Monkeys in a jungle, but very few Gorillas –Rare
• Gorillas are outsized as compared to Monkeys –Dominant
• Gorillas are not challenged by Monkeys –Moats
• Gorillas have a lifespan double that of Monkeys –Longevity
➢ So the takeaway is to bet on the right animal, which is bet on the gorillas. So those few stocks in our portfolio will be rare, dominant, and have moats and longevity.
That's Gorilla Investing.

31/08/2022

Regarded as the GOD of success, Lord Ganesha
is worshiped before starting anything new and auspicious.

These stories surrounding Ganesha can help us manage our money and our investments too.

One of such interesting Ganesha stories is about going around the world 3 times as a race between his brother Karthikeya and him. While Karthikeya went around the entire world, Lord Ganesha won it by going around his parents 3 times.

“This clearly is a message to understand the difference between the world as described and your world.
While managing personal finance, it is important to understand and focus on ‘your world’,”

• Focus on the goals that you have and not the ones which are conspicuous.
• Listen to your advisor and not the one who doesn't understand your financial factors.
• Think about the risk that you should take and not the risk that a seasoned investor or trader takes.
• Look at your available resources to achieve your goals and not stretch your means beyond a limit.

“Like Lord Ganesha, the journey to your financial freedom is in understanding the concept of ‘your world’ and scale the uncharted territories of your personal financial well being,
With this once again let me wish you a
Happy Ganesh Chaturthi

09/06/2022

09/06/2022

04/06/2022

Join me on my first webinar in Hindi, along with A2 Arvind Arora Sir on this super interesting subject- Stock Markets.
Kindly click the link below and learn before you earn because knowledge is the ultimate edge.

https://lp.conkerworld.com/how-to-make-money-in-stock-market/

20/05/2022

"The market is crashing because everybody has a gambling device in their hands. About 95 per cent of people have become legitimate gamblers with their mobile phones all over the world led by the US. It is like playing poker or teen patti," says Kedia.

In an interview to ETMarkets, the Mumbai-based maverick investor, best known for picking midcaps at attractive valuations, says in the last two years crores of new legitimate gamblers have joined the market. "Trading apps have become like ..

Read more at:
https://economictimes.indiatimes.com/markets/stocks/news/vijay-kedias-take-on-market-crash-mobile-phones-turning-d-st-into-gambling-den/articleshow/91678175.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

07/04/2022

RUSSIA vs UKRAINE

This is a Financial war with ENERGY as it's WEAPON...

Many People like fantasies and talk of how EU can procure Gas from other places

They cant. Plain and Simple. There is no one else.

Otherwise they would have done so right after 2014 when Putin captured Crimea. Its been 8 years.

US cannot keep selling Gas to Europe. They sell 69% Surplus to Mexico and 30% Surplus to Canada. Those are fixed markets.

There is simply not even 10% Surplus that US has to sell to EU.

Every Gas producer has its own Clients and Contracts.

EU is stuck with Russia.

Experts say - the price for 90 days consumption of LNG compared to Piped Gas would be roughly $ 540 Billion against $ 86 Billion. For a year thats $ 2.25 Trillion against $ 365 Billion.

Imagine paying 600% more for your gas! It will make European industries uncompetitive and civil unrest when the consumers realised how much their pocket is affected and how stupid is their government.

Its simply impossible for EU to survive beyond 100 Days of bravado, stupidity and lack of wisdom.

Meanwhile Putin could lose $ 100 Billion Revenues by stopping Gas Production but he can bring Europe down to its knees

Putin still calls the shots here.
What could be the consequences if Europe completely delinks with Russia economically?

Juri Mirlander

EU will collapse as many EU countries can't survive without Russia energy. Romania, Hungary and Bulgaria have already stated they will continue to buy Russian energy no matter what EU thinks and even leave the EU.
Russia’s financial war

Paul Denlinzer

The really important Russian war with the West is the financial war, which the western media never discusses.

Here are the developments:

Russia has told the EU nations that from April 1, it will only accept rubles for Russian natural gas;

The EU has said that they refuse to pay rubles, and that they will only pay in US$ and euros;

The Russians have said that they will not accept US$ and euros, because they could sanction Russia any time, in which case the US$ and euros Russia holds are worthless.

The US and UK have signed regulations not allowing Russian gold to be sold in US, UK gold exchanges.

Now, the last part is very interesting, because Shanghai has its gold exchange. Are you thinking what I’m thinking?

Putin has planned ingeniously well and announced that the Bank of Russia will buy gold. The gold can then be converted into rubles, which can then be used to buy natural gas. This caught the West by surprise. Now I see why Russia and China have been accumulating gold for years.

The German government is in a very bad spot because its economy depends on Russian natural gas. If they break with the US, the US will be annoyed. If they obey the US, the German economy, which is a major global economy, will slide into a major recession.

What happens if Russia announces that it will also accept Indian rupees and Chinese yuan in payment for natural gas? Just no US$ and euros. Could it spell the end of the PETRODOLLAR ?

This war is a test of strength of the future and dominance of the world's reserve currency- the US Dollar !!

24/02/2022

Wars are just an excuse to buy long term...

15/05/2021

Getting ready for my MASTERCLASS tomorrow.
To Register , click on the link below.
TSMT Academy is happy to bring to you our next FREE Masterclass
“Stock Picking The Easy Way”
With our expert
Mr. Jugdish Ahuja
Teacher, Trainer, Wealth Transformer
Past President of the Bangalore Stock Exchange
Sunday, 16th May 2021
Time : 11 am to 1 pm IST
What you will learn:
1. A peep into Macro Economics & its effects on markets ?
2. How Economic Cycles Work ?
3. How Stock Markets Work ?
4. Brief Overview on Equity Analysis - Fundamental & Technical.
5. How to pick winning stocks ?
6. What’s next ?
To register please click on
https://www.tsmt.academy/smmillionaire
With Warm Regards
Jugdish Ahuja

A comprehensive Masterclass