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

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My Productivity Hacks

A thread...

Productivity Hack #1
Not try to remember anything

I consciously and obsessively try to NOT remember things.
So that my mind dispenses the least amount of energy in remembering tasks or even context.

Hence, I carry a notebook with me always.
I take notes like a school student
I put tasks in a calendar
I send myself emails in the future

My mind's energy should be spent in thinking.
Not remembering!

Productivity Hack #2
Document EVERYTHING!

At any point I have 3 notebooks
1. Ideas
2. Todos lists for the day
3. Meeting notes

And I write down things.

Writing helps tell the brain that this is important.
And it helps me not "try and remember" anything.

Productivity Hack #3
I put everything on a calendar

My calendar is my lifeline.
Everything is on my calendar.
Bills to pay, birthdays to remember, threads to write, weekly routines.
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No one is going to do it for you

A thread...

As a founder, if you won't show up every single day, despite how you are feeling, or how the startup is doing or what the press is writing about you, or your cofounders not working out, or your product failing or your customers shouting

No one is going to do it for you

As a student, if you won't do things that scare you, that make you feel nervous, that challenge you, that intimidate you, that you have always wanted to do but never gathered the courage to

No one is going to do it for you

In your first job, if you are not going to make an effort to know how things have happened before and why, to meet new people, to seek help, to ask for feedback, to be patient with results, to not seek "impact" in the first month itself

No one is going to do it for you

If as a son/daughter you are not going to realize what your parents went through while growing up, that they want the same things from your life that you want for your self, that their path is different but there are reasons why

No one is going to do it for you
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A set of 20 books, to understand the world.

A thread...

1.
Hands down the most powerful, yet simplistic description of

2.
This book bravely attempted to answer the "Why" of human existence and I personally think did a commendable

3.
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4.
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25 immensely powerful life hacks.

A thread...

1. When speaking to others, try and notice the color of their eye balls.

This will maintain eye contact without you feeling awkward.
While making them feel heard.

2. Send emails to your future self.

It could be a task, a prediction, a thought. Compose the email and schedule send it for sometime later.

It is joyful when we have forgotten about something and then hear from our own selves.

3. Do not try to remember anything!

Write everything down.
Put things on a calendar.
Create a to-do list.
Use a notes app.

We over-estimate our ability to remember things!

4. Predict your future (and then laugh about it)

Every birthday, write down 2-3 predictions for yourself, for the next year.

And then next birthday, go through them.

Over 3-5 years you will be amazed at how inaccurate your predictions were!
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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.
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Foamy urine especially if it is persistent and noticeable over time may mean you have a serious kidney problem.

Let’s talk about this today...
RT for others.


What are the features of a normal urine?

A normal urine should have a light yellow colour, painless, odourless (or faint smell), steady stream and should ideally not foam when you pee.

When there’s something wrong, then you see changes in all the above normal features of urine.

For instance if urine becomes very deep yellow, it may mean you are dehydrated;

If urine becomes painful or smells really really bad, it may mean you have an infection;

If urine has a poor stream, especially in a man, it may mean a prostate problem like cancer.

Do you get me?

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1. SPEED-
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Хајде да направимо мали осврт на случај Мика Алексић .

Алексић је жртва енглеске освете преко Оливере Иванчић .
Мика је одбио да снима филм о блаћењу Срба и мењању историје Срба , иза целокупног пројекта стоји дипломатски кор Британаца у Београду и Оливера Иванчић


Оливера Илинчић је иначе мајка једне од његових ученица .
Која је претила да ће се осветити .

Мика се налази у притвору због наводних оптужби глумице Милене Радуловић да ју је наводно силовао човек од 70 година , са три бајпаса и извађеном простатом пре пет година

Иста персона је и обезбедила финансије за филм преко Беча а филм је требао да се бави животом Десанке Максимовић .
А сетите се и ко је иницирао да се Десанка Максимовић избаци из уџбеника и школства у Србији .

И тако уместо романсиране верзије Десанке Максимовић утицај Британаца

У Србији стави на пиједестал и да се Британци у Србији позитивно афирмишу како би се на тај начин усмерила будућност али и мењао ток историје .
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1/ Recently, I learned about the concept of ‘struggle porn’. This refers to the fetish of sacrificing nearly everything (health, relationships, time) for your startup. I fear that this label is creating more harm than good.

2/ @nateliason wrote a fabulous article about this topic, which first introduced me to this concept. Everyone should read it:

3/ @alexisohanian also recently spoke about struggle porn, though referring to it as ‘hustle porn.’ (as the co-founder of @hustlefundvc, obviously I take issue with this pejorative definition of ‘hustle’, but that’s another topic)

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5/ However, if you are over-indexing on hard work without clear purpose and degrading your mental health/relationships in the process--then this is very bad and we obviously should not celebrate this behavior.
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