I just made 170% return this year
I’m sharing my journey and my inspiration/ guiding book which helped reach this. Hope someone gets benefited.
- I was able to predict the geo political tensions which can start.
- I created corpus. [in creases my debt]
- Kept collateral of SGB gold and took positions in gold and silver futures starting with 2 and the increasing to 10 each.
Cashed out all positions as of today.
My journey into stock market started with Principles by Ray Dalio. And this book has pivoted my life.
I don’t make crores 🤩
Pro tip: never follow any financial advice that you get on the internet
😂 hahaha
What specifically this book teaches you if you can elaborate please.
I'm assuming you have read many investment books, what is so different about this?
Ray dalio is a hedge fund manager. Principles is an auto biography + his learnings and methodologies + corporate governance + life principles.
He has also written another 3 books on debt crisis, economic cycles ,world order change … once you start reading principles you will read others too.
In a day to day life we take many decisions, what are the factors influencing your decisions. Keep a log and understand why the decisions were taken and impact . Which is applicable to investments too.
If you can track the factors which influence certain situations, you can predict events and also the impact of those.
E.g. this time trumps manifesto for elections has clear indications on all the things which are happening . Similarly if kamla Harris comes into power there would be different impact.
There are many other events factors and events which you can track and predict events at large scale.
Another example can be tracking Elbit systems order book to predict if Israel can go to war.
Rational thinking with meaningful insights for growth.
I tried to summarize to keep it as short as possible.
I read intelligent investor by Benjamin Graham,
Principles and other book by Ray Dalio.
Come on guys, he’s saying something good, if you don’t appreciate, it’s fine, but don’t undermine the person who is suggesting something which helped him to get ahead in life. You guys are acting as if he’s asking you to invest some money into his company. This generation only likes people who are fake and cheat people
I bought a physical gold in sept 23 130grams. I also made more than 100% and not selling it 😃
Congratulations and Great to hear.
I purchased 3.2L gold jewellery for mom which as long due instead of planned 1L in 2024 during hold dip. I had to liquidate some of my equity.
One of the best decisions so far
Best gift, 🎁 for the lifetime. Mom must be extremely happy and proud.
truly feeling happy for you man...You know, it's one of the best things anyone can do...sharing success, and how did they
Thank you.
Can you share how much money you invested and how much you made of the deal
If it’s X I made X + 1.7X. I cannot share actuals.
Good 👍 keep sharing knowledge
The past 5 years of track record in x follow me given more than 500%
