Smart Living & Earning Ideas

**সাঁঝের আলোয় নদীতীরের গান** পদ্মার কূলে সাঁঝের আলো, গোধূলির রঙে রাঙা। নদীর বুকে ঢেউয়ের ছন্দ, তালে তালে বাজে বাঁশি বাঁকা। ধানখেত ভরা সোনার গল্প, পাকা শীষে মেখে রোদ। হালকা বাতাস দোলায় ফসল, সবুজ প্রাণে জাগায় মোদ। দূর আকাশে রক্তিম সূর্য, নেমে আসে ধীরে ধীরে। নৌকার মাঝি দাঁড় বেয়ে যায়, নদীর ধারা মুগ্ধ করে। পাখির দল ফিরে নীড়ে, ঝাউয়ের ডালে বসে। গাঁয়ের পথটা নিঝুম এখন, সন্ধ্যার আলো জ্বলে। নদীর ধারে গ্রামের জীবন, ছবির মতো স্নিগ্ধ। সাঁঝের আঁচলে মুঠো ভরে, রাখে প্রকৃতি শান্ত।

**গ্রামের ছবি** সবুজ মাঠের কোলে মিশে, সোনার ফসল হাসে। কাঁচা রাস্তা ধুলো মাখা, জীবন জুড়ে ভাসে। পুকুরপাড়ে শাপলা ফুটে, হাসি ছড়ায় ঢেউয়ে। আমের ডালে পাখির ডাক, স্বপ্ন আঁকে মেঘে। খেজুরগাছের রসের গন্ধ, ভোরের হাওয়া বয়ে। গরুর গাড়ি চাকা ঘুরে, ধীরলয়ে রোদে। বটগাছের ছায়ায় বসে, জড়ো হয় গ্রামের মেলা। হাতের মুঠোয় শিশুর হাসি, আনন্দ যেন ঢেলা। সন্ধ্যা হলে প্রদীপ জ্বলে, ঘরে ঘরে আলো। মাটির ঘ্রাণে মাখা জীবন, গ্রামের ছবি ভালো।

****************Find your true purpose*************** "Guide me through identifying my true purpose and aligning my daily actions with it. Ask me questions, one at a time, about what energizes me, what impact I want to make, and what success looks like to me. After each response, dig deeper with follow-up questions. Once we've explored these areas, create a purpose statement and suggest 3 daily habits that will keep me focused on this mission." *********Hold a weekly debrief********* "Your task is to create a weekly debrief agenda to review my personal and professional progress. My three goals are [describe your 3 main goals]. First, ask me questions, which must be asked one by one, about how these goals are measured, and what signals progress towards them. After 10 questions, create (a) a matrix I complete each week, where I rank 5 elements of the week on a scale of 1 (no progress) to 5 (amazing progress). Then (b) suggest 5 questions I answer every week, to report...

The secret of the cycle of 84 lakh yonis in the scriptures..you will be shocked to know this One is born in a tree yoni 30 lakh times. This yoni is the most painful. Due to heat, storm, rain etc., many branches break. In the winters, all the leaves fall. People cut them with axes. After that, they are born 9 lakh times as aquatic creatures with a body without hands and feet and a head. They get to eat only rotten meat and survive by eating each other's flesh. After that, they are born 10 lakh times as worms. And then one is born in the bird form 11 lakh times. Trees are the only shelters. Leeches, insects, rotten food, whatever they get, they eat that to satisfy their hunger. They themselves stay hungry to feed their children and when their children learn to fly, they do not even look back. Crows and Shakunis are born with long lives. After that, one is born as an animal 20 lakh times, and there too one faces many kinds of sufferings. Animals that are bigger and more violent and st...

This Month Equity Sold for 85K against Buying Price of 73K . Hence comparatively the amount is in lesser than prevoius month . Apart from below , Net Cash available is 55K .

The returns from SIP (Systematic Investment Plan) and lump sum investments in mutual funds depend on market conditions and investor preferences. Market Conditions: SIPs: Beneficial in volatile markets due to rupee cost averaging, buying more units when prices are low and fewer when prices are high, reducing the impact of market volatility. Lump Sum: Perform better in consistently rising markets, as the entire amount is invested at once, potentially capturing higher returns if the market trends upwards. Risk and Flexibility: SIPs: Less risky as investments are spread over time, reducing the impact of any single market event. They offer flexibility for regular investments that can be adjusted based on financial situations. Lump Sum: More risky since the entire amount is invested at once, making them susceptible to market fluctuations. However, they offer higher returns potential if the market trends upwards. Investment Horizon: SIPs: Ideal for long-term investments, encouraging a sa...

SOME BEST STOCK IN INDIAN EQUITY MARKET : 1- Axis Bank - good 2- sbi - good 3- chola finance - average 4- Shriram finance - average 5- HDFC amc - good 6- sbi life - good 7- bharti airtel - very good 8- larsen & turbo - very good 9- Titan - very good 10- mahindra & mahindra - good 11- schaeffler india - average 12- mankind Pharma - very good 13- polycab - very good 14- kei industries - very good 15- interglobe aviation - very good 16- Dmart - good 17- trent - very good 18- persistent systems - very good 19- kpit technology - very good 20- Infosys - average 21- TCS - good 22- godrej properties - average 23- Colgate & Palmolive - good 24- varun beverages - very good 25- ITC - average 26- Britannia - average 27- Apollo hospital - good 28- zydus life - very good 29- sun pharma - good 30- divis labs - good 31- Dr. Reddy - good 32- ultratech cement - very good 33- maruti suzuki - very good 34- cams - average 35- Bajaj finance - average 36- finolex...

## Financial Literacy Course for 12-Year-Olds ### Course Overview This course is designed to introduce 12-year-olds to the basics of financial literacy. It will cover key concepts such as money management, saving, budgeting, and the importance of making informed financial decisions. The course aims to provide practical knowledge that students can use in their daily lives and prepare them for future financial responsibilities. ### Course Objectives By the end of this course, students will be able to: 1. Understand the concept of money and its uses. 2. Develop basic budgeting skills. 3. Recognize the importance of saving. 4. Make informed decisions about spending. 5. Understand the basics of earning and managing money. ### Course Outline #### Lesson 1: Introduction to Money - **Objective:** Understand what money is and its role in society. - **Topics:** - What is money? - Different forms of money (coins, bills, digital currency). - The history of money. - How money is used in...

Implementing the insights from "Value Investing: Tools and Techniques for Intelligent Investment" into real-life investment scenarios involves practical steps that align with the book's principles. Here’s how you can apply these lessons: ### 1. **Portfolio Construction** #### Diversified Investment Strategy - **Objective**: Construct a diversified portfolio of undervalued stocks. - **Steps**: - Identify companies with strong fundamentals that are trading below their intrinsic value. - Use financial ratios like P/E (Price-to-Earnings), P/B (Price-to-Book), and dividend yields to identify undervalued stocks. - Diversify across different sectors to spread risk but avoid over-diversification. #### Example: - Invest in a mix of 10-15 companies across sectors like technology, healthcare, consumer goods, and finance, ensuring each company has strong financial health and a competitive advantage. ### 2. **Investment Analysis** #### Intrinsic Value Calculation - **Objectiv...

"Value Investing: Tools and Techniques for Intelligent Investment" by James Montier offers a wealth of insights and practical lessons for investors. Here are some key learning points: ### 1. **Question Conventional Financial Wisdom** - **Critique of Modern Portfolio Theory (MPT) and Efficient Market Hypothesis (EMH)**: Understand that markets are not always efficient, and opportunities for mispricing exist. - **Skepticism of CAPM and DCF Models**: Be wary of relying too heavily on theoretical models that may not hold up in real-world scenarios. ### 2. **Behavioral Finance** - **Cognitive Biases**: Recognize and mitigate biases such as overconfidence, anchoring, and herd behavior that can lead to poor investment decisions. - **Contrarian Thinking**: Be willing to go against market trends and invest in undervalued stocks that others may be ignoring. ### 3. **Investment Philosophy** - **Intrinsic Value Focus**: Invest based on the intrinsic value of a company rather than mark...

### Summary of "Value Investing: Tools and Techniques for Intelligent Investment" **Author:** James Montier --- **Part I: Why Everything You Learned in Business School is Wrong** - Challenges the principles of Modern Portfolio Theory (MPT) and the Efficient Market Hypothesis (EMH). - Critiques the Capital Asset Pricing Model (CAPM), arguing it fails in practical application. - Questions the validity and practicality of discounted cash flow (DCF) models. - Highlights the pitfalls of excessive diversification and relative performance metrics. **Part II: The Behavioral Foundations of Value Investing** - Examines psychological factors influencing investors' decisions, like overpaying for growth and the allure of glamour stocks. - Discusses cognitive biases and their impact on market behavior and individual investment choices. - Highlights the importance of contrarian thinking and the role of patience in value investing. **Part III: The Philosophy of Value Investing** - E...

1: Mindset Matters. Wealthy individuals focus on growth, education, and positive thinking. Adopt a growth mindset, and you'll unlock your potential. 2: Multiple Streams. The wealthy rarely rely on a single income source. Explore side hustles or investments to diversify your earnings. 3: Continuous Learning. Knowledge is power. Constantly educate yourself to make informed decisions about finances and investments. 4: Smart Saving. It's not about how much you earn, but how much you keep. Practice disciplined saving to build a solid financial foundation. 5: Assets over Liabilities. Invest in assets that appreciate. Assets like: -Real estate. -Stocks. -Bonds. -Mutual Funds. Rather than spending on liabilities that lose value. 6: Network Effect. Your network can open doors. Build meaningful connections and collaborations that can lead to new opportunities. 7: Long-Term Vision. Patience pays off. Think long-term when investing, allowing your money to grow steadily o...

Applying the insights from "Seeking Wisdom: From Darwin to Munger" to real-world scenarios involves integrating its principles into various aspects of life and decision-making. Here are some practical applications: ### Personal Finance 1. **Diversified Investment Strategy**: - **Mental Models**: Apply multidisciplinary thinking to understand financial markets better. Consider economic principles, historical data, and psychological biases. - **Probability and Statistics**: Use statistical analysis to assess risk and return, and avoid overconfidence in predicting market movements. 2. **Long-Term Planning**: - **Long-Term Thinking**: Focus on long-term financial goals rather than short-term gains. Use compound interest principles to grow savings and investments over time. - **Systems Thinking**: Understand how different financial decisions (savings, investments, expenses) interact and affect overall financial health. ### Business Management 1. **Decision-Making...

"Seeking Wisdom: From Darwin to Munger" by Peter Bevelin is rich with insights and learning points drawn from various disciplines. Here are some key takeaways: 1. **Mental Models**: One of the central themes is the importance of developing a latticework of mental models from different disciplines to make better decisions. This multidisciplinary approach helps in understanding and solving problems more effectively. 2. **Understanding Biases**: The book provides a comprehensive overview of cognitive biases and psychological tendencies that can lead to misjudgments. By recognizing these biases, such as confirmation bias, overconfidence, and anchoring, individuals can take steps to mitigate their impact on decision-making. 3. **Evolutionary Psychology**: Bevelin explains how evolutionary principles influence human behavior and thinking. Understanding these influences can help in predicting and explaining behavior patterns, as well as in making more informed decisions. 4. **Ra...

"Seeking Wisdom: From Darwin to Munger" by Peter Bevelin is a book that explores the mental models and principles that influence human thinking and decision-making. The book is divided into three main parts: 1. **Part One: What Influences Our Thinking?** - This section delves into the biological and evolutionary aspects that shape our behavior and thinking processes. It covers topics like the limits of our behavior set by our anatomy, the role of neural connections, the influence of genes and the environment, and the importance of life experiences. It also discusses the evolutionary mechanisms that have shaped human behavior, such as natural selection and the hunter-gatherer environment that formed our basic nature. 2. **Part Two: The Psychology of Misjudgments** - This part examines the various psychological tendencies and biases that lead to errors in judgment. It includes detailed explanations of numerous cognitive biases, such as mere association, reward and punis...

Aditi Mondal Portfolio Plan Runu Gayen Portfolio Plan Somnath Mondal Portfolio Plan

PE ratio is one of most abused ratio in Stock markets. Very few understand the true logic and reasoning associated with it. But those who understand it , may be able to shortlist really great companies. P/E ratio = Current stock price / EPS (Earnings per share) of the year. P/E Ratio mostly is taken by just the number it is showing. For example a company with a P/E ratio of 8-10 is mostly treated as cheap by many investors but is the number enough to make that conclusion ? Similarly a company at 30 P/E ratio is also may not costly just because the number seems high. So, this is the first thing that P/E ratio shall not be concluded just by the number value alone. So how to conclude something from P/E ratio if not just the number it is showing ? We need understand few factors for it to make some conclusion out of it. Lets move on understand them one by one. Tailwinds or Headwinds (Sunrise Sector ?) So, first question one shall ask is which sector does it belong to and how are the ta...

1. I want to make sure that I am the best option, is there anything else I can clarify? 🟢By responding to any more queries and highlighting your advantages, you can seal the deal with this open-ended question. 🟢Use this final chance to emphasize one or two critical competencies that set you apart from the competition. 🟢The final impression has the biggest direct impact on hiring decisions. 2. About my qualifications for this role, what queries do you have? 🟢This enables you to respond to inquiries and remove any barriers to a job offer. 🟢By doing this, you can respond to their concerns and change the narrative so they express them. 🟢Keep an eye out for indicators that your background or abilities do not meet their needs. 🟢Tell them about your prior accomplishments with comparable tasks. 3. What other qualifications, aside from those we have yet to discuss, do you think the ideal applicant should possess? 🟢This prompts them to highlight the crucial competencies wher...

My Toatl Investment as on 15th May 2024 :

1- Bharat electronics or hindustan aeronautics 2- Tata motors or TVs motors 3- astral or supreme industries 4- polycab or kei industries 5- Axis Bank or icici bank or sbi 6- pidilite industries 7- Bajaj finance or chola finance or Shriram finance 8- varun beverages or ITC 9- persistent systems or LTImindtree 10- larsen & turbo or siemens 11- Cummins india 12- ABB or Tata power or thermax 13- olectra greentech or JBM auto 14- mankind Pharma or sun Pharma 15- Apollo hospital 16- Apollo tyres or ceat 17- ultratech cement or dalmia bharat 18- grasim industries or berger paints 19- Dixon technology or amber enterprises 20- DLF or godrej properties

How do I invest 30 lakh rupees in Indian equity wisely for at least 5 years? 1st rule ; Don't put everything in lump sum . Scatter the investments in a span of 12 months 2nd rule : If Age is on your side , Invest 60% in Equity , 30% in Debt and 10% in Gold as asset allocation. 3rd rule: Investing in equity - Large cap 40% , Multicap - 30% , Midcap - 15% , Smallcap - 15% 4th rule : Invest lump sum in short term debt fund and do systematic transfer plan to equity funds 5th rules : Can buy around 10 lacs of direct equity in large cap stocks or invest that amount in below ETF 6th rule : Follow these equity MF while putting high value SIP *Tested mutual funds based on different parameters : Rolling returns consistency of 1yr , 3yr , 5yr , Std Dev , Sharpe ratio , Fund Manager and Expense ratio.** Below SIP recommended. All of them higher 4 or 5 star rated funds from CRISIL or Value research 1.More diversification on to large cap funds and value /flexicap funds as smallcap/mid c...

I recommend considering a diversified investment portfolio that balances risk and return. Allocate a portion of your funds to fixed-income instruments like Senior Citizen Savings Scheme (SCSS), Pradhan Mantri Vaya Vandana Yojana (PMVVY), and Monthly Income Plans (MIPs) from mutual funds. Additionally, consider a mix of equity-based investments such as Dividend Yield Funds or Blue-chip stocks for potential capital appreciation. Certainly. Let's break down the suggested investment strategy in more detail: 1. **Senior Citizen Savings Scheme (SCSS):** - SCSS is a government-backed savings scheme for individuals above 60. - It offers fixed interest payouts quarterly, providing a stable income source. - You can invest up to ₹30 lakhs individually. 2. **Pradhan Mantri Vaya Vandana Yojana (PMVVY):** - PMVVY is a pension scheme for senior citizens. - It provides a guaranteed return with regular pension payments.- The maximum investment limit is ₹15 lakhs, offering a higher pension ...

Overall Inventment Portfolio Status as on 13th April 2024 Mutual Funds Break Up : ULIP Break Up :

I am 59 now. Have been investing for last 25-30 years, and have accumulated a corpus of close to 5 Cr. I want to retire next year. Will this corpus of 5 Cr be enough to sustain my expenses in retirement? I have invested in commercial real estate 10 years ago, which gives me about 12 lakhs per year as rentals. My residential real estate earns me less than 3% so I do not even consider it as income. Rather I am just invested in real estate for capital gains in the long run. I pay about 22% tax on this income. I have invested in IRBINVIT and PGINVIT that gives me about 12% annual dividends consistently. So my other 10 lakhs come from these dividends. I pay about 30% tax on this income. My other chunk of income comes from this investment. I have invested in Gilt Fund (SBI Magnum) which has given me 9% annual returns in last 10 years or so. This is what I withdraw every 3 months as SWP. It was invested for more than 5 years before I started a SWP in it. So, I get lower LTCG Tax on it which ...

Mutual Fund Status as on 13/03/2024 ULIP status as on 13/03/2024

Every week, if not every day, a similar question comes into my feed. Words may be different but the tone is almost always: I am ___ years old. I wish to retire at ____. How much money do I require to live independently? Unfortunately, every case is different. There are many parameters and hence there is no one single answer. The factors that affect are: What are your current expenses not including any debt/loan repayments? Are there any loans that are being serviced? (Here you said that the home is loan-free but what about other loans? A car loan is very common at the age of 45.) How many children do you have? What are their ages? (The cost of raising a single child can be high. As per Robert Kiyosaki, a family is “a liability”.) Do you support your elder parents/parents-in-law in any way? What kind of lifestyle do you follow? If you look at the chart below, I have tried to capture all kinds of expenses - daily, monthly and annual. Expenses You must look at your daily, monthly and ...

I have Started Investment since August 2023. Here is my networh as on 13th January 2024 . EQUITY BREAK UP : MUTAL FUNDS BREAK UP

How to control your finance : 10 Simple Rules to follow to control finance : 1. THE NET WORTH RULE This rule originated from 'The Millionaire Next Door' book. It has a simple way to determine if you are wealthy in the US. Multiply your age by your pre-tax annual income & divide by 10. If your net worth surpasses the result, you are wealthy. There’s an Indian version of this as well. Some experts suggest using 20 instead of 10 as the divisor in the Indian context. For instance, say you're 30 and earn Rs 12 lakh annually. Your net worth should be at least Rs 18 lakh to earn the 'wealthy' title. 2. RULE OF 72 This helps you determine the time it will take for your investment to double. How does it work? Simply divide "72" by the rate of return you are earning. For example, with a 9% return, it will take 8 years (72/9) to double your investment. 3. RULE OF 70 This tells you the impact of inflation. Divide "70" by the inflation rate,...