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Sunday, 25 July 2021

FD VS INFLATION RATE OF INDIA

 Do you know:-

FD Return rate :5.5% Tax rate: 30% Post tax nominal return rate :3.85% Inflation rate :7% Real return rate: -3.15%. This is "guaranteed return" which all Indians are getting. We have 140L Cr currently in FDs in India i.e. 5L Cr wealth getting destroyed every year.

Traders should follow:

 7 Habits of Happy People:

Be grateful Keep learning Be generous Laugh often Be positive No entitlement And lastly... DON'T COMPARE

 99% of new traders think they just need a trading system.

That's why it's full of scammers selling 100% win systems.

 Many investors have never even seen a true bear market.

When it comes, get ready to be humbled.

 No trading edge in the world has a 100% right

Risk management will always save your ass.✌