BC INVESTING MONEY
Saved by @Alex1Powell

How I invest my money

A thread...

 Last year when I stepped down as the CEO of nearbuy - I was a classic case of paper wealth with no cash in hand.

I had stupidly over indexed on equity, made terrible mistakes with money (see thread the end of this thread) and had no other income stream.
I realized the biggest mistakes I had made was investing in largely illiquid assets - startups and real estate. With extremely poor liquidity.

So while I had "wealth" I did not have any income.

The last year I have been working on changing that.
1. Term Insurance
A decade back I bought a term insurance plan for 25 years, for 10Cr.

Which means if I die in the next 25 years (by the time I am 55), my family will get 10Cr (over and above my ongoing loans).
If I don't die, I get nothing.
My logic at 30 was that by 55 I should be able to get to the 10Cr mark myself.
Until then I rely on an insurance plan.

This amount I believe takes care of all current and future needs of my family.

This gives me mental peace, should something happen to me ever!
Of the disposable income I have (after paying for my bills and needs) I split it into 40:40:20

The first 40% goes into buying stocks of individual companies; split into 25% and 15%.
25% in US stocks - I pick market leaders in emerging tech. So the 4 stocks I have currently are
Shopify
Square
Zoom
Tesla

Indians can invest upto $250,000 every year in international stocks (public + private), which is way more than I will ever have :)
I use @INDmoneyApp for investing - it is incredibly easy to use and helps me track.
Highly recommended.
The remaining 15% goes into Indian company stock. Again, I pick market leaders, but instead of emerging tech I go for established sectors.

My current picks are
ITC
HDFC
Reliance
Spicejet
Indian Hotels
Shree Cement
I use @zerodhaonline for all my stock investing. It is such an incredible product to use and while it is known to suffer from outages, it doesn't affect me since I do not actively trade.
Next 40% of savings rides on experts, who know their stuff :)
I am not a big fan of Mutual funds because of the opacity with which they operate.

So I started to use @smallcaseHQ
Think of it like a mix of stocks as per a strategy, where an expert is telling you what to buy/sell
I follow Momentum investing strategy on smallcase - which rides on stocks that are on an upward momentum.

The ones I picked were
Capitalmind Momentum
https://t.co/yvxGWXFvnH
and
Weekend Investing Momentum
https://t.co/vzijXXCDoE
I invest every month and if there is any surplus generated then as a one-time investment as well.
The last 20% is reserved for startup investing.
It is where I have lost my most money and made my most money as well.

I would not call myself an angel investor, since I do not have the capital depth to invest in all the good ideas I come across.
So I rarely invest directly in a startup (unless highly recommended or a founder I absolutely loved interacting with)

I mostly invest in startups through @AngelList
You can follow syndicates on AL, through which you get a deal flow. And most allow you to invest starting $1,000
I am yet to see any gain come through AL - this is more of a wild bet on my part.
In summary:
25% in US tech market leaders - with a 15 year horizon, through @INDmoneyApp
15% in Indian traditional market leaders - with a 15 year horizon, through @zerodhaonline
40% in momentum Indian stocks, through @smallcaseHQ
20% in startups, through @AngelList
PS:
I do not have any Fixed Deposits (hate them!)
I haven't invested in any debt funds (frankly, they arent that bad, but I am willing to take on risk)
My only liability is a (BIG) home loan
My investment strategy is aggressive for a 40 year old with a family of wife, 2 kids and 2 parents.
But that is just me.

This should ideally be the investment strategy for someone in their 20s
30% US Stocks + 40% Indian stocks + 30% Indian Debt (no startups please)
Here is a thread I wrote on mistakes I made with my money
https://t.co/yyvpkvNOv6

It has been converted into an eBook (thank you @shreyashah23)
https://t.co/mRdLJEtn5Y
PLEASE do not blindly copy this strategy - for that matter anyone's
Take inspiration from others - but eventually build your own.

Oh - almost forgot - the longest word in english language
mutualfundsaresubjecttomarketriskpleasereadtheofferdocumentscarefullybeforeinvesting
Ask me anything on the strategy or guide me further if you have some feedback

More from Ankur Warikoo

Ankur Warikoo
Ankur Warikoo
@warikoo
How I created content in 2020

A thread...

Back in Aug 2016, I started creating content to share my experiences as an entrepreneur.
Over 3 years I had put out 1,200+ hours of content - posting every week without


Little did I know that something I started almost 4 years back would give my life an entirely new direction.

At the end of 2019, my biggest platform was LinkedIn with ~700K followers.

In Jan 2020, I decided to build a team that would help me with the content.

I ran a month long recruitment drive to hire a team of interns.

It comprised 4 detailed rounds - starting with my loved 20 questions, then an assignment, then a WhatsApp video round and finally F2F.

Through 1,200+ applications, I finally selected 6 profiles, starting March.

I am a firm believer in @peterthiel's one task, one person philosophy
So the team was structured such that everyone was responsible for ONLY one task

1. Content ideas
2. Videography
3. Video editing
4. LinkedIn (+TikTok) distribution
5. FB+IG distribution
6. YouTube distribution
FOR LATER READ
Ankur Warikoo
Ankur Warikoo
@warikoo
My top books I read in 2020

A thread...

Almanack of Naval Ravikant
What a stunning and thoughtful compilation of @naval's work and words.
I predict that this is going to define a new industry - curating public content of thought leaders and converting them into

Waking Up: Search for spirituality without religion
@SamHarris provoked me through this book and offered me, an atheist, a lot to think about.
Pick up his works!

Psychology of Money
My most awaited book of this year, since the day @morganhousel announced his book.
A must read for all ages, especially those in their 20s.

I predict this to reach levels of "Rich Dad Poor Dad" over the next 10

Courage to be disliked
What a stunner! Challenges most of our tightly-held beliefs and I found myself nodding more often than not through the book.

Not for the
BOOK
Advertisement
Ankur Warikoo
Ankur Warikoo
@warikoo
20 online courses for your 20s

A thread...

Microsoft Excel - Excel from Beginner to Advanced

I LOVE excel and genuinely believe it to be one of the best pieces of software ever made.
So many of my life decisions are made on it and I think knowing how to use excel is an important life

The Complete 2021 Web Development Bootcamp

While I live with no regrets, hand on heart not knowing how to code is one regret I have.
The ability to convert your thoughts into a consumable product is nothing short of

The Complete Digital Marketing Course

The skill to reach audiences digitally, is going to be defining in the next 10-20 years.

While the platforms will change, the fundamentals

The Complete Foundation Stock Trading Course

In my 20s I frankly gambled my money away in stocks, thinking this is where "paisa dugana ho jata hai raato raat".

I took a stock trading course 7 years back and I wish I had 20 years
ALL , ONLINE BEST COURSES , ONLINE COURSES
Ankur Warikoo
Ankur Warikoo
@warikoo
15 things I wish I was told, when I was in my 20s

A thread...

1.
Your grades in college are not going to define your life.
The first company you work for is not going to define your life.
Your first pay package is not going to define your life.

2.
Who and why you decide to spend your life with - is one of the biggest decisions you will make in your life.

Don't take it lightly.

3.
Don't go to college looking for a job, a title, a company, a function, a role, a salary.
Go to college looking for yourself.
"What am I good at?"
"What makes me happy?"

4.
This decade you will either drift away from your family or not be able to break from their shackles or realize they are extremely dear to you.

What will you regret not doing, when you are 40?
ALL
Ankur Warikoo
Ankur Warikoo
@warikoo
41 observations about life, in the week I turned 41.

A thread...

1.
It is easy to respect people from a distance.
True respect is when you get to know them, and still respect them.

2.
People assume that a verified Twitter profile is someone smart. Ironically, the blue tick says, "this person is EXACTLY who they claim they are"

3.
Your guides, your mentors, your managers are not there to fix your mistakes.
They are there to guide you, so that you are eventually able to see your own mistakes.

4.
Not every problem needs to be solved.
Some need to just be heard.
Just be felt.
Just be empathized with.

5.
The only success for a company is when it raises money from customers.
Not investors.

Congratulating a founder on raising money is like congratulating a chef on buying vegetables.

6.
Sometimes, stepping away from a relationship is the best way to save it.

7.
When you share your failures openly, you instantly take away all power that the world had over you.

8.
Work becomes most joyous when you are working with a set of people you would want to spend time with, even beyond work.
MOTIVATIONAL

You May Also Like

Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
RANI GAIDINLIU:THE LESSER KNOWN FREEDOM FIGHTER

Rani Gaidinliu joined the freedom struggle at 13 &was sentenced to life imprisonment at 16."We r free people—the White should not rule over us.”Thus calling out to her Zeliangrong tribesmen was the voice of 13yr-old Rani Gaidinliu.


She joined the freedom struggle in the present-day Northeast India. Today, her struggle is lost in history as most of her countrymen wouldn’t even have heard her name. B'coz our history textbooks tell us that only Mahatma Gandhi &Pandit Nehru got India its Independence.


At 16 yrs of age, this valiant girl was sentenced to life imprisonment for leading a movement to drive out the colonial rulers from Manipur and Nagaland. Nevertheless, she was released in 1947 after India’s independence and was given the title ,"Rani of Nagas".


EARLY LIFE AND HERAKA MOVEMENT

Gaidinliu belonged to the Rongmei clan of the Zeliangrong tribe in the Tamenglong district of western Manipur. Born on January 26, 1915, she was fifth among eight children.


Her native village was Nungkao, which is present day Tamenglong distt. Brought up in a specially backward region,she couldn't receive any formal education. However,this didn't stop her from joining the freedom struggle. At the age of 10 she came under the influence of her cousin.
ALL
Pegasus of Dharma
Pegasus of Dharma
@HarduttSuhas
THE EVOLUTION OF OUR NATIONAL FLAG (1857-1947)

The INDIAN NATIONAL FLAG is not just a flag! It's a testimony of patriotism and seamless sacrifice. A symbol representing one of the oldest civilizations on this planet.

Let's hope what happened yesterday never repeats!

(Thread)


After the revolt of 1857, the first Indian flag was designed. The design was based on western heraldic standards with "Union Jack" in the upper-left quadrant and a "Star of India" enclosed in the royal crown in the middle of the right half.(1)


The flag was a symbol of the direct imperial rule in India.(2)

In 1904 the first Indian flag which stood for India's independence from the British was devised. The design was provided by sister Nivedita, an Irish disciple of Swami Vivekananda.(3)


The flag was red and yellow with an image 'Vajra' (weapon of god Indra). The phrase 'Vande Mataram' was written in Bengali on it. The red colour and the yellow colour signified freedom and victory while the symbol of vajra stood for strength.(4)
WORLD
Advertisement
Ranvijay Singh\U0001f1ee\U0001f1f3
Ranvijay Singh🇮🇳...
@ranvijayT90
#Thread Two divine forms of Khatu Shyam ji...


On the day of Amavasya, devotees get the darshan of Shyam Baba in Shyam varan (black color). In ordinary days, the form of Baba is saffron. The reason for this is a custom. The real head of Shyam Baba which had appeared from Shyam Kund is of Shyam varan.


Every day Shyam Baba's grand Shringar is done by Pujaris. The main part of Shyam Baba's shringar is Tilak. This Shringar is done by the members of Nij Mandir sevaks. The sevaks of the Nij Mandir do sandalwood tilak to Baba everyday in the auspicious time.


This Divine Tilak is applied from the forehead to the nose. When Baba is given a bath by sevaks, this tilak comes off. Then in the auspicious time, the sevaks again apply tilak to Baba.


There is no auspicious time on the Amavasya. Because of this, tilak is not done on that day. That's why devotees have darshan of Shyam Baba on the Amavasya only in the actual real form (Shyam Swaroop). Baba's tilak is done on Amavasya only on the day of Deepawali.
ALL
Pieter Levels \u2728
Pieter Levels ✨
@levelsio
Joe Rogan's podcast is now is listened to 1.5+ billion times per year at around $50-100M/year revenue.

Independent and 100% owned by Joe, no networks, no middle men and a 100M+ people audience.

👏

https://t.co/RywAiBxA3s

Joe is the #1 / #2 podcast (depends per week) of all podcasts

120 million plays per month source https://t.co/k7L1LfDdcM


https://t.co/aGcYnVDpMu
MAKERS
Hypertroph | Fitness Coach
Hypertroph | Fitness C...
@CoachHypertroph
Transform your body in next 6 months.

People will charge INR 27,000+ for this course.

I am giving away the entire course for FREE:


Module 1:
Build your Fat Loss Diet Plan

· Step by Step Tutorial
· Length: 26

Module 2:
Learn how to easily track your calories/macros.

· Step by Step Tutorial
· Length: 17

Module 3:
Calculate how many weeks it will take to reach six pack.

. Math behind building six pack
· Length: 12

Module 4:
Learn how to Burn Belly Fat in 3 steps

· Science behind belly fat
· 100% Works
· Length: 15
WORKOUTS