Zomato - Long term stock or a Fad?
I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares.
I really believe the company will grow multifolds in the future, also I won’t have qualms if they don’t do well and I end up losing my money.
I feel it’s better to take a bet on this as the money isn’t really significant and is better used if Invested somewhere. I might just end up wasting it buying AJ1s, Airpods and all that expensive stuff.
What do you guys think about this? What’s your view on Zomato’s future?
PS- No Index funds, MF advices pls. I’ve done enough research and will Invest once I start getting monthly salary from my FT Job.
Talking product sense with Ridhi
9 min AI interview5 questions
Iss ek lac se woh party throw kar, t-shirt bikjayenge, naaki Deepinder ko ek aur Shraddha suckfest ka chance.
Also if you're gonna blow it on sneakers do it on Salomons or Rhude Rhecesses not AJ1s :)
70K kharch diye maine ab tak isme - sourcing, making, marketing
Taking it slow now ;)
On a side note, you’re so fucking cool dude, would def want to work with you someday. Can we connect on Linkedin/TG/Discord?
Why do you think zomato will grow multifolds?
Duopoly, InfoEdge Investor (Expert in Indian Markets), Disposable Income Increasing, Superior Tech etc etc.
YOLO hai toh itna rationally nahi sochta bas long term accha stock lagta hai, risky bet but might be worh it.
I would stay away from such cash burning companies which aren't profitable yet.
Many senior folks left zomato including their co-founders.
And with government bringing ONDC, there would be increased competition.
It's somewhat a duopoly but it has been created by burning cash and not due to some technical prowess. These kind if aggregator models can be replicated with good investor backing so I don't see any moat in their business.
YOLO - Yes Serious - No For rationale, read varsity by Zerodha
I think your attitude is really stupid. You are not investing. You are betting. Why not donate your money to that guy who needs 6 lakhs per month for his father's medical expenses if you really believe it's ok to lose that money and it's not significant. You don't have to compulsorily spend what you have earned. Keep that 1 lakh in FD and chill. Don't be so greedy at this age. Nothing cool about YOLO simply because it's an acronym. Such acronyms are plain stupid if you care to dig deep.
I honestly don't understand the point of this post. On one hand you said "you believe in the company's growth" on the other hand you are asking about the company's prospects to strangers on the internet.
What’s the prob? I believe in it and I was wondering what other’s think of it? What is it you didn’t understand?
Buy small amounts of gold, silver, sensex, nifty and bank nifty every month/quarter. Don't yolo all your savings in one basket. Also get some btc and eth, no other shitcoins. Mutual funds are a scam, full ignore. Sensex and Nifty are decent bets, they outperform most mutual funds in 5-10 years.
Thank me in 5 years when you're rich af with a party for the ages.
Can still buy small amounts of Zomato but no one would recommend a yolo all-in move like you're suggesting.