FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
No Courses to sell, No paid calls. - Spreading Knowledge | Ideas | Strategies | A bit of humor - As I learn along the way. - Trading chart analyses every day, that might be useful to you. - Testing New Strategies via Paper Trades. ---------- Quick Links to get you started - https://akshayiyer.net/quick-links/ • For Data Snacks & Bite-Sized Crisp Information (Social) - www.instagram.com/moreofakshay https://twitter.com/akshayyiyer • Values & Insights (Website) - https://akshayiyer.net/top-100-books • Quora - Akshay Iyer - https://www.quora.com/profile/Akshay-Iyer-40?ch=10&share=e8b80ba7&srid=h7PHP Trader | Investor | Movie Buff | Food | Travel |Non-Fiction | & More • Elevating people to evolve beyond their status quo • Stock Market | Reports | Books | Stress Busters Core Value- FREEDOM🏂 So hey, Don't put me in a box! Speak to your consultant before trading/Investing. Everything posted here is for educational purpose only. Wishing you lots of success!
... Read more
Posts
Pinned Post
*Personal Finance Rules * Rule of 72 (Double Your Money) Rule of 114 (Triple) Rule of 144 (Quadruple) Rule of 70 (Inflation) 4% Withdrawal Rule 100 - Minus Age Rule 10, 5, 3 Rule 50-30-20 Rule 3X Emergency Rule 40℅ EMI Rule Life Insurance Rule *Rule of 72* No. of yrs required to double your money at a given rate, U just divide 72 by interest rate Eg, if you want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs At 6% rate, it will take 12 yrs At 9% rate, it will take 8 yrs *Rule of 114* No. of years required to triple your money at a given rate, U just divide 114 by interest rate. For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years At 6% interest rate, it will take 19yrs *Rule of 144* No. of years required to quadruple your money at a given rate, U just divide 144 by interest rate. For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs. At 6% interest rate, it will take 24yrs *Rule of 70* Divide 70 by current inflation rate to know how fast the value of your investment will get reduced to half its present value.  Inflation rate of 7% will reduce the value of your money to half in 10 years. *4% Rule for Financial Freedom* Corpus Reqd- 25*Annual Expenses Eg- annual expense is 500,000 then corpus required to retire is 1.25 cr. Put 50% into fixed income & 50% into equity. Withdraw 4% every yr, i.e.5 lac. This rule works for 96% of time in 30 yr period *100 minus your age rule* This rule is used for asset allocation. Subtract your age from 100 to find out, how much of your portfolio should be allocated to equities Age 30 Equity : 70% Debt : 30% Age 60 Equity : 40% Debt : 60% *10-5-3 Rule* One should have reasonable returns expectations 10℅ Rate of return - Equity / Mutual Funds 5℅ - Debts ( Fixed Deposits or Other Debt instruments) 3℅ - Savings Account *50-30-20 Rule - Allocation* Divide your income into 50℅ - Needs - Groceries, rent, emi 30℅ - Wants - Entertainment, vacations, etc 20℅ - Savings - Equity, MFs, Debt, FD, etc Atleast try to save 20℅ of your income. You can definitely save more *3X Emergency Rule* Always put atleast 3 times your monthly income in Emergency funds for emergencies such as Loss of employment, medical emergency, etc. 3 X Monthly Income You can have around 6 X Monthly Income to be on a safer side *40℅ EMI Rule* Never go beyond 40℅ of your income into EMIs. Say you earn, 50,000 per month. So you should not have EMIs more than 20,000 . This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances. *Life Insurance Rule * Always have Sum Assured as 20 times of your Annual Income 20 X Annual Income Say you earn 5 Lacs annually, u shud atleast have 1 crore insurance by following this Rule #InvestingUniversity #PersonalFinance
A
Reputation: 2,126 • Jun 6 8:19 AM • 
 Pinned post

*Personal Finance Rules *
Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule
*Rule of 72*
No. of yrs required to...
Read more...
52
Reply (8)
reply
Akshay Iyer replied to own  post
Akshay Iyer @akshayyiyer
Jul 23 5:52 AM

Yess. It's exciting. But never a naked sell. Never ever! One mistake and poof! Otherwise options are awesome.
A
Reputation: 2,126 • Jul 23 4:11 AM
1
Reply
A
Reputation: 2,126 • Jul 22 9:55 AM

A 10% correction every now and then
A 20% correction once in 1-2 years
A 50% correction once/twice in a decade
Is NORMAL in equity. You cannot avoid this in your wealth creation journey.
If this scares u , gives u anxiety , do not invest in equity!
18
Reply (2)
A
Reputation: 2,126 • Jul 15 2:17 AM
The Roaring 2020s: A Booming Decade May Follow Covid-19
This decade may roar just like the 1920s because of accelerated digital productivity, scalable artificial intelligence, capital surplus and physical world revolutions.
Forbes
Like
Reply
A
Reputation: 2,126 • Jul 12 9:13 AM
The Zomato IPO
A review of the Zomato IPO
Finshots
1
Reply
A
Reputation: 2,126 • Jul 10 9:40 AM
This tiny home on wheels is solar powered net-zero solution designed by an actual architect!
Transportable tiny homes are complex operations, to say the least. Designing them to be sustainable makes building them that much more of an intricate process. First Light Studio, a New Zealand-bas…
Yanko Design

This tiny home on wheels is solar powered net-zero solution designed by an actual architect!
Like
Reply
A
Reputation: 2,126 • Jul 10 8:20 AM
Why telcos want a floor price?
An explainer on floor price and why the idea is gaining traction once again in the telecom industry
Finshots

An explainer on floor price and why the idea is gaining traction once again in the telecom industry https://bit.ly/3yBboY3
Like
Reply
A
Reputation: 2,126 • Jul 10 7:51 AM
link
Crypto Bear Market Will End When Bitcoin Market Cap Goes Up: JP Morgan
Crypto Bear Market Will End When Bitcoin Market Cap Goes Up: JP Morgan
Investing.com India
Like
Reply
A
Reputation: 2,126 • Jul 10 7:46 AM
link
GR Infra, Clean Science IPOs Over-Subscribed on Final Day
GR Infra, Clean Science IPOs Over-Subscribed on Final Day
Investing.com India
Like
Reply
A
Reputation: 2,126 • Jul 10 6:21 AM
Mid and small-cap indices trading at rich valuations: Are they really that expensive?
After the surge of the past 15 months, the mid-cap and small-cap indices are now trading at rich valuations. The sharp re-rating even suggests the normal discount relative to large caps has vanished. However, some analysts are convinced that the index valuations are not painting a true picture.
The Economic Times
Like
Reply
A
Reputation: 2,126 • Jul 10 6:19 AM
Zomato IPO opens next week. GMP, expectations and what lies ahead
The issue, which closes on 16 July, comprises an offer for sale of ₹375 crore by the company’s early investor—Info Edge—and a fresh issue worth ₹9,000 crore
mint
Like
Reply
A
Reputation: 2,126 • Jul 8 5:03 AM
Is it time to cut exposure to surging small cap mutual funds
The bull run in small caps might continue for some more time, experts say. They believe that the possibility of correction or volatility can't be ruled out.
The Economic Times
Like
Reply
A
Reputation: 2,126 • Jul 8 7:39 AM
Pharma market growth declines sequentially in June, but nevertheless impresses
Wockhardt registered 48% year-on-year growth in June followed by Emcure Pharmaceuticals (up 27% YoY), Ajanta Pharma Ltd (up 24 % YoY), Abbott India Ltd (up 22% YoY), and Ipca Laboratories Ltd (up 22% YoY), said analysts at Motilal Oswal Financial Services
mint
Like
Reply
A
Reputation: 2,126 • Jul 8 7:35 AM

@akshayiyer-H1KGHszlO's activity - 3811618
1
Reply
A
Reputation: 2,126 • Jun 22 3:47 AM

Type
Buy
Instrument
GODREJCP
Entry Price
₹892.2
Price@Trade
₹892.2
Target Price
₹902
Stop Price
₹884
Valid Till
Jun 22, 2021 3:20 AM
Margin
₹31,227 approx for 35 Qty
Status
Stoploss Hit
Exit Price
₹884
Net P&L
-₹287 (-0.92%)
Test trade
Like
Reply (1)
swap_vert
Trade
A
Reputation: 2,126 • Jun 22 3:38 AM

Type
Buy
Instrument
INFIBEAM
Entry Price
₹51.25
Price@Trade
₹51.25
Target Price
₹53.1
Stop Price
₹50
Valid Till
Jun 22, 2021 3:20 AM
Margin
₹76,875 approx for 1500 Qty
Status
Validity Over
Exit Price
₹50.95
Net P&L
-₹450 (-0.59%)
Test trade
Like
Reply (1)
swap_vert
Trade
A
Reputation: 2,126 • Jun 22 3:35 AM

Type
Buy
Instrument
HINDCOPPER
Entry Price
₹152.7
Price@Trade
₹152.7
Target Price
₹158
Stop Price
₹151
Valid Till
Jun 22, 2021 3:20 AM
Margin
₹76,350 approx for 500 Qty
Status
Stoploss Hit
Exit Price
₹151
Net P&L
-₹850 (-1.11%)
Test trades
Like
Reply (1)
swap_vert
Trade
A
Reputation: 2,126 • Jun 22 3:33 AM

Type
Buy
Instrument
KIOCL
Entry Price
₹284.3
Price@Trade
₹284.3
Target Price
₹292
Stop Price
₹279
Valid Till
Jun 22, 2021 3:20 AM
Margin
₹42,645 approx for 150 Qty
Status
Stoploss Hit
Exit Price
₹279
Net P&L
-₹795 (-1.86%)

Like
Reply (1)
swap_vert
Trade
A
Reputation: 2,126 • Jun 22 3:31 AM

Type
Buy
Instrument
BHARATFORG
Entry Price
₹738.6
Price@Trade
₹738.6
Target Price
₹751
Stop Price
₹734
Valid Till
Jun 22, 2021 3:20 AM
Margin
₹36,930 approx for 50 Qty
Status
Validity Over
Exit Price
₹741.4
Net P&L
+₹140 (+0.38%)

Like
Reply (1)
swap_vert
Trade

FrontPage is India's favorite stock discussions community

Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
IN