BC THREAD
Saved by @Saffron2034

This is a result of credit fueled big ticket purchases of which buying a home is a big component. No amount of saving will cover the housing EMIs payable over one year. To this, add EMIs of 1 or 2 cars, and you've monthly EMIs running into 1 Lakh+. Now, add monthly house-hold +

 + expense, school fee and other sundry expenses and suddenly, you'll find a family unable to sustain itself w/o cash-flow for even 3-4 months. And most important of them all -
HAVING ASSETS IS NOT SAME AS HAVING CASH.
+
+ From personal experience, I think this is what you need to do:
- Maintain between Rs 1-2 Lakhs in emergency cash at all times.
- Use your Credit Cards wisely. They can be good source of large credit in an emergency.
- Work out your monthly house-hold expenses and EMIs
+
- Build a cash-reserve to cover your household expenses for a 6-month or 1-year period.
- Consider food, electricity, mobile/internet, your kids school fee, fuel, rent etc.
- Then work out your EMI obligations and see what level of reserves you can create for them.
- Maintain+
+ this back-up fund in cash/near cash assets.
- So, that you can utilize them as per requirement and are not subject to market forces.

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Kirubakaran Rajendran
@kirubaakaran
I have shared multiple information related to trading and investing through my historical data analysis by writing various articles, here's the master thread that contains all my work in one place.🧵

https://t.co/pc1jr1xBlI


https://t.co/KZJ1FKCXSp


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Facts
Facts
@BefittingFacts
@nramind The @the_hindu has reputation? No. That's not true. Oh Wait I am not saying this, Denmark ambassador to india says this.


@the_hindu The reputation of The Hindu is good that they printed a MEME against UP CM Yogi Adityanath as a poster of BJP TamilNadu welcoming him.


@the_hindu The Hindu appointed Nita Ambani as a professor of BHU but sadly Nita Ambani was not like Nidhi to fall for it.
Reputation? 😂😂


@the_hindu Congratulations on getting Certified as Fake News spreader. That's some legacy 😂


@the_hindu @the_hindu turned a clash between BJP and RLD supporters to between BJP supporters and Farmer just to prove that BJP is against farmer.
Reputation? 🤔
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Sahil Bloom
Sahil Bloom
@SahilBloom
Lifelong learning is a competitive advantage.

But contrary to what you’ve been told, lifelong learners are built, not born.

THREAD: 20 lifelong learning habits you can start developing today.

Stimulate Dynamically

The mind is a muscle - it needs to be stimulated dynamically to continue to grow.

Don’t rely on one “exercise” - develop a menu of options.

Write, read, listen, watch. Solve puzzles, play games. Enjoy it!

Stimulate dynamically, learn dynamically.

Build Learning Circles

The most powerful learning is communal, not individual.

Build learning circles with other intellectually curious minds.

Engage regularly with no set intention or goal.

Community is everything. Embrace it.

Keep Asking Why

“Why?” is the most useful tool in our learning toolkit.

But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.

Reject the norm.

If you want to understand the world, take a cue from our kids - keep asking why!


Adopt a Process Orientation

Prioritize process.

Learn for the sake of learning, not always for a specific goal.

When you prioritize process, you become flexible in where you are headed.

Life is a winding, confusing journey - forward progress is all that matters.
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
I gathered FREE tools for Traders.

Save ₹10,000 per month and 10+ hours each week.

Here's what they are:

Collaborated with @niki_poojary

🧵

1/ @screener_in

Stock analysis and screening tool for investors in India.

For Fundamental analysis, this is the #1

2/ @i4option

Closest tool to Opstra.

Let's you mock trade for free to get a feel for the real markets.

All features like market breadth, options and futures data etc is

3/ @tradingtick

Makes options trading easy with lots of options analysis tools.

Options data with Open Interest, FII Data, Trending OIs, heatmat etc.

Can get free Straddle charts here

4/ OptionX

Automate your option trading strategy without any coding.

Simply copy/paste their existing strategy from Stockmock and execute it with optionx
THREAD , ALL , TOOLS
Alex Lieberman \u2615\ufe0f
Alex Lieberman ☕️...
@businessbarista
The Olympic Games are controversial.

They're amazing for unity & entertainment.

But they're a horrible business.

THREAD: A story of billions in costs, misaligned incentives & crippling debt. 🧵

172%.

Any guesses what that represents?

That number is % over budget.

Since 1960, the Olympics have run over-budget by 172%.

And no Olympics have ever run under-budget.


The Olympics have the highest cost overrun of any mega project in the world.

Olympics: 172%
Mega dams: 90%
Trains: 45%
Bridge & tunnels: 34%
Roads: 20%

The 2021 Tokyo Games is no exception.

2013: bid projected $7.4 billion of costs

2019: official budget of $14.6 billion

2020: budget revised to $15.4 billion

2021: government auditors project total spending will be $28 billion.


Tokyo is the 2nd most expensive Olympics ever.

At $28 billion, it's more than the GDP of:

- Uganda
- El Salvador
- Iceland
- Jamaica
- Madagascar
- Fiji
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You want to buy a house.

You take a loan from the bank.

The bank asks you, “what if you don’t pay back?”

You say, “take my home and sell it”.

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That makes sense. The bank gives you a loan and in case you don’t pay, the bank will take over your house and sell it and recover its money.

That’s collateral.

Banks also lend money to big corporations. With them, banks don’t always have collateral.

So a loan where the bank has collateral is considered safer for the bank.

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Gleb Sabirzyanov
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Don't look at deadlines negatively! They are a useful tool to measure your performance + stimulate you to do more. You can learn a lot from a single deadline. Did you work too little or too much? Was the goal too ambitious or easy? Apply lessons to the future work. 😉 #MyMindset


I wish I had this... — don't excuse yourself. Forget about what you can't and focus on what you can.
Stop comparing yourself to others, come from the point of what you have, know and have: "I can... so I will do..!" #MyMindset


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Do something for the long-term. Everything else is a distraction. 🛑 Nowadays I always check if the thing I'm doing aligns with my long-term plans. If not — that is probably not the best thing to do at the moment. #MyMindset


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Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
@BillyBostickson
Tip from the Monkey
Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!


1. Yang


2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!


3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W


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Sergio Mattei \u270c\ufe0f
Sergio Mattei ✌️...
@matteing
With the coming challenge this week, I decided to compile a list of design resources all makers can use to spice up ✨ their projects! 😍

Thread 👇

🚨 DrawKit: Gorgeous, hand made illustrations by @JamesDaly90!

Also, one FREE custom illustration for all 24hrstartup

🙅‍♂️💩 @noshit_app: No shit - just great design resources! Find fonts, templates, and daily design inspiration. By maker @HarowitzBlack!

🛠 Figma: Visual mockup + prototyping tool. Make great mockups of your project!

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🤯 Digital Psychology: A great resource on how to design products that convert visitors to 🤑 sales. By maker @DaniStefanovic!

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1)King Porus was a famous Indian king, his real name was #Purushotama. He belonged to PURU tribe mentioned in #RIG_VEDA, the Ancient books of India.


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3)Word of Mouth Oral tradition in #Mohyal_Brahmin families since ancient times has kept the Great Saga of their Great Elder known to them as Maharaja “ #Puru” alive.

4) When #Alexander the Great invaded India in 326 BC he was challenged near Taxila by a mere chieftain of the Area. He was King #Porus, a #Vaid_Mohyal. After his encounter with Porus, Alexander met with more resistance near Multan where the forces were predominantly #Mohyal.

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