Get the app
Personal Finance
Personal Finance
on
SquishyQuokka
SquishyQuokka
Gojek

What do we think? JPow with the rate cuts is going to get us some nice returns hopefully 🤞

Loving how 2024 is looking actually. Getting rid of my cash position and all in on equity. Plus, locking in the good interest rates FDs. Not seeing lucrative returns on FDs till the next quantitative tightening now.

Godspeed! Time to make some 💰

in.tradingview.com

Powell's rate remarks a 'Christmas gift to global markets' - Jefferies' Chris Wood

India's Nifty 50 and Sensex are on course to log the longest joint weekly winning streak in nearl...

Powell's rate remarks a 'Christmas gift to global markets' - Jefferies' Chris Wood
15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
FluffyQuokka
FluffyQuokka
Dunzo15mo

Would love to know ur investment strategy for 2024 given that markets are at an ATH Are u planning on investing in any specific sector? Small/mid cap? Or nifty?

SquishyQuokka
SquishyQuokka
Gojek15mo

The plan is always simple.

For investment:

  • I average down every 2 weeks into the same set of large-cap equities all the time, diversified by sector. Allocations I review every year but I've set it up systematically so that I don't introduce emotionality in the process.
  • For managing portfolio allocation, 10% is always in NIFTYBEES as buffer with an additional 5-10% in cash.

For trading:

  • I don't do that anymore but used to buy NIFTY ATM calls post quantitative easing as BTST trades. Made good money at that time.

Will consider getting into US equities in 2024 now since MOTNAS ETF has an insane tracking error while PPFAS ops are under regulatory ambit.

CosmicQuokka
CosmicQuokka
Paralleldots15mo

I feel fed rate cuts are still 2-3 quaters away. Despite of that expecting Indian equities to the moon due to internal reasons and election enviornment.

SquishyQuokka
SquishyQuokka
Gojek15mo

Let’s see how it goes now. Equities are at a rich valuation now

FluffyCupcake
FluffyCupcake
Amazon15mo

IMHO, 2024 would be exciting if not for the world but for financial markets. (US + India) general elections giving me confidence that politicians will do everything do protect the downside. Sitting on some cash to try my luck in bHNI-IPOs, hoping to use the same to buy some dips along the way.

SquishyQuokka
SquishyQuokka
Gojek15mo

Let's go. 🚀

Discover more
Curated from across
Software Engineers
Software Engineers19mo
by CosmicNuggetSoftware Engineer

Tech recession

Any opinions or guesses on when will the tech bull run will start again in short when this recession will go away and market will be stable?

Personal Finance
Personal Finance19mo
by GoofyBobaCorporate Strategist

Let's talk money habits.

Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself.

  1. Working in consumer finance.
  2. Love personal finance and helping people out with it.
  3. Have published 10,000+ pieces of financial ...
Top comment
user

Real Id se aa financewithsharan