FluffyCupcake
FluffyCupcake

FriYaY is Investment day on GV!

Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃

Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah)

My inputs - During 2021/22 real estate boom, I picked a real estate stonk (india bulls) as I thought it’s a growing sector and company will become beneficiary after all the sins they have committed in past. Bam! Over next 5 months stock crashed ~50% 🥲

15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
FluffyCupcake
FluffyCupcake
Amazon15mo

Oh yes! I have two LIC policies (mis)sold to my parents when I still use to wear half pants in school. Till date, I am paying the premium🫣

PrancingBurrito
PrancingBurrito

Can relate to LIC policy. They su** big time. 😤

SillyDonut
SillyDonut
TCS15mo

Explain these policies Elon?

DancingJellybean
DancingJellybean
Nvidia15mo

I have a story for my Nvidia colleague who has been in this company for 10+ years. He cashed out Nvidia stock worth 5L for wedding, that could have been worth more than 6Cr now.

SillyDonut
SillyDonut
TCS15mo

@mini52 omg

JazzyBiscuit
JazzyBiscuit
Amazon15mo

Shouldn’t have married 😁

ZestyQuokka
ZestyQuokka
Hinge15mo

Zerodha announced stock gifting and my brother offloaded a major stock to me. The stock went +24% during 2022, I got greedy and didn't sell. Today it is -38% 😭 😭

SillyDonut
SillyDonut
TCS15mo

Greedy biryani:D

BubblyCupcake
BubblyCupcake

24% can feel very less at time especially when compared to covid profits

ZoomyNarwhal
ZoomyNarwhal

2015 - It's my cousin's wedding, we are thick as blood. His best friend is coming from abroad to visit the wedding, and his friend tags along to have the whole 'Eat, Pray, Love' India experience. Our international guest is so overwhelmed experiencing an Indian wedding, on the last day he says he wants to gift me 2 bitcoins and my my cousin the groom 10 bitcoins as gift. We just laugh it off like noobs 'wtf is bitcoin bill, it's alright, you have a good trip across India'. Rest as you know is history

SillyDonut
SillyDonut
TCS15mo

@ValKilmer oops, le lena tha yr

JazzyWalrus
JazzyWalrus

There was a singer who was offered 1000 Bitcoin by software geeks to do a college performance . She refused................ software geeks became rich.

GroovyBanana
GroovyBanana

Should I count HDFC stock as of now? Invested heavily on HDFC Bank, currently sitting on some minor losses, downward averaging from last 1 year

JazzyWalrus
JazzyWalrus

Taking Akshat bro's advice?

GroovyBanana
GroovyBanana

Yes bro.

SillyDonut
SillyDonut
TCS15mo
  1. Lost money in crypto during 2016-17 in ripple etc and never re invested in crypto even after INFLUENZA'S suggestions

  2. Lost huge in Paytm and lic ipo, sold Paytm at 50% loss, else would have been in 90% loss today, lic turned +ve now

  3. I can Target exponential stocks but I am afraid to go all in, for ex. I discovered tamo, Kalyan, amd, nvidia and snps etc but couldn't multiply 10x due to less risk appetite.

  4. Grandma stuck in Sahara scam

  5. Mama sold lic to maa, that's some money back scheme and not pure term or pure investment scheme

Looking forward for other people mistakes...

FluffyCupcake
FluffyCupcake
Amazon15mo

Damn! Zameendar Sherlock, you won’t hesitate plug-in your smart ass, super duper, Mars-wide stock picking abilities with a super notional loss. The thread is about bringing your hidden ashneer grover out. (I know, he made insane wealth and I wish u make more than him but not using his methods.)

FluffyCupcake
FluffyCupcake
Amazon15mo

#5 is hilarious, I don’t know if in your traditions you have bhaat ceremony during the marriage of niece/nephew. Ask you mama to pay compounded returns on that policy 🤣

SquishyQuokka
SquishyQuokka
Gojek15mo

My worst investment? I invested in PayTM IPO and sold it at a bad loss.

SillyDonut
SillyDonut
TCS15mo

@salt same pinch

MagicalWaffle
MagicalWaffle

How is this a mistake? You might have ended up with much more loss?

CosmicQuokka
CosmicQuokka

Worst investment was held on to future group shares amid the court case throughout whole saga, reliance is truly evil.

SillyDonut
SillyDonut
TCS15mo

Oops

SqueakyDumpling
SqueakyDumpling

Bought mine at there upper circuit and after that the company went downhill

ZestyQuokka
ZestyQuokka
Hinge15mo

@ElonMast If I may add, this is such a 💎 thread

FluffyCupcake
FluffyCupcake
Amazon15mo

I feel doing this when GVers get too excited with equities.

Gif
JazzyWalrus
JazzyWalrus

Kal financial lesson dega... Grapes are not equity

Gif
BouncyNarwhal
BouncyNarwhal

Fell into the FOMO trap during 2021 Crypto boom and blocked 3L worth of funds. I’m not liquidating it anytime soon, so wont talk about the loss, but yeah. I wish I hadnt.

FluffyCupcake
FluffyCupcake
Amazon15mo

All these cryptos peddled by likes of warikoos & Akshats of world ruined money for many people.

BouncyNarwhal
BouncyNarwhal

Both these idiots you shared were the ones that created the FOMO in my head. I should’ve researched on my own, I get it.

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