In 2020, following the COVID-19 pandemic, the stock market experienced a significant rally. While many were optimistic about the Indian stock market and economy, I chose to invest a portion of my portfolio in the U.S. market. Here’s a summary of my experience:
- Market Sentiment : Despite widespread bullishness for the Indian market, I believed in the potential of U.S. companies due to their innovative investments.
- Investment Strategy : I invested a few lakhs in the U.S. market, focusing on diversification.
- Performance : Fast forward to 2024, my portfolio has achieved a remarkable 100% return over four years, effectively doubling my investment.
- Future Plans : I intend to hold my investments for further compounding, as I remain optimistic about future growth.
- Portfolio Management : While I encountered some stocks that underperformed, I sold those to optimize my portfolio and focus on more promising opportunities.
I hope others also considered investing in the U.S. market during this time and are enjoying similar profits!
Recently One Groww User Who Was Investing In Mutual Fund From Last Four Years He Decided To Widraw That Profit But Later He Found He He Don't Have Any Mutual Fund On His Name Even Mutual Fund House Also Told That No Entry On His Name 🤦❌💰
I also use groww how how to be safe ?
To prevent such scams and ensure the safety Here are some steps and best practices:
1. Regular Statements and Alerts: - Monthly/Quarterly Statements: Ensure you receive regular account statements from the mutual fund house or your broker. Verify these statements for accuracy.
SMS/Email Alerts: Register for SMS and email alerts to get real-time updates on transactions and account changes.
2. Centralized Repositories: - Consolidated Account Statement CAS : Request a CAS from the National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL). This statement provides a comprehensive view of all your investments across different mutual fund houses. - NSDL/CDSL: Regularly check your holdings with the depositories.
3. Online Access: - AMC Websites: Register and regularly log into the Asset Management Company (AMC) websites where you hold mutual funds to check your account details and investment status. - Mutual Fund Utility (MFU): Use platforms like MFU to consolidate and view your mutual fund investments.
4. Third-Party Aggregators: - Aggregator Platforms: Use platforms like CAMS, Karvy (KFintech), or third-party aggregators like ET Money, Groww, or Zerodha Coin, which help in tracking your investments across different fund houses.
5. Transaction Proofs: - Keep Records: Maintain all transaction proofs such as purchase receipts, emails, and any communication with your broker or mutual fund house. - Check Folio Numbers: Ensure your folio numbers match across different documents and statements.
6. Know Your Distributor/Broker: - Registered Intermediaries: Ensure you are dealing with registered and reputed intermediaries. Check their registration with the Securities and Exchange Board of India (SEBI).
7. Direct Plans: - Direct Investments: Consider investing directly with mutual fund houses instead of through intermediaries to reduce the risk of fraud.
8. Verification: - Periodic Verification: Regularly verify your investment holdings by cross-checking with AMC statements and CAS.
- Reconcile Transactions: Reconcile your bank account debits with mutual fund purchase transactions.
By following these steps and maintaining vigilance, you can significantly reduce the risk of fraud and ensure the safety of your mutual fund investments.
"As you may have noticed, I've been a bit inactive on our channel lately, and I sincerely apologize for that. However, we are now actively working towards growing our channel and creating new videos for all of you. As time changes, so do your tastes and requirements. Therefore, we would like your input on the type of content or videos you would like to see on our channel in the future. Your feedback will help us create niche content that is tailored to your needs and preferences."
My Josh Talk Speech, Hope My Story Will Motivate Some Of You Thanks To All Subscribers From Bottom Of My Heart Without You All is Wasn't Possible ❤️✨😊🙌
Dropout Engineer
Free Webinar For our Subscribers Register Here : us02web.zoom.us/webinar/register/WN_JMuJGCpBQb2wjq…
10 months ago | [YT] | 6
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Dropout Engineer
Complete Course For 1% Serious People 📈🔥
11 months ago | [YT] | 6
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Dropout Engineer
WATCH ONLY IF YOU ARE SERIOUS 📈🔥 :
https://youtu.be/6DjImAqWAro
11 months ago (edited) | [YT] | 24
View 0 replies
Dropout Engineer
In 2020, following the COVID-19 pandemic, the stock market experienced a significant rally. While many were optimistic about the Indian stock market and economy, I chose to invest a portion of my portfolio in the U.S. market. Here’s a summary of my experience:
- Market Sentiment : Despite widespread bullishness for the Indian market, I believed in the potential of U.S. companies due to their innovative investments.
- Investment Strategy : I invested a few lakhs in the U.S. market, focusing on diversification.
- Performance : Fast forward to 2024, my portfolio has achieved a remarkable 100% return over four years, effectively doubling my investment.
- Future Plans : I intend to hold my investments for further compounding, as I remain optimistic about future growth.
- Portfolio Management : While I encountered some stocks that underperformed, I sold those to optimize my portfolio and focus on more promising opportunities.
I hope others also considered investing in the U.S. market during this time and are enjoying similar profits!
Portfolio Star Performer : Nvidia 500% Return
Happy Diwali ✨
1 year ago | [YT] | 11
View 3 replies
Dropout Engineer
T20 Trophy is here on pune street's 🏆😅
Well Deserved Team India 🇮🇳🔥❤️
1 year ago (edited) | [YT] | 52
View 0 replies
Dropout Engineer
Recently One Groww User Who Was Investing In Mutual Fund From Last Four Years He Decided To Widraw That Profit But Later He Found He He Don't Have Any Mutual Fund On His Name Even Mutual Fund House Also Told That No Entry On His Name 🤦❌💰
I also use groww how how to be safe ?
To prevent such scams and ensure the safety Here are some steps and best practices:
1. Regular Statements and Alerts:
- Monthly/Quarterly Statements: Ensure you receive regular account statements from the mutual fund house or your broker. Verify these statements for accuracy.
SMS/Email Alerts: Register for SMS and email alerts to get real-time updates on transactions and account changes.
2. Centralized Repositories:
- Consolidated Account Statement CAS : Request a CAS from the National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL). This statement provides a comprehensive view of all your investments across different mutual fund houses.
- NSDL/CDSL: Regularly check your holdings with the depositories.
3. Online Access:
- AMC Websites: Register and regularly log into the Asset Management Company (AMC) websites where you hold mutual funds to check your account details and investment status.
- Mutual Fund Utility (MFU): Use platforms like MFU to consolidate and view your mutual fund investments.
4. Third-Party Aggregators:
- Aggregator Platforms: Use platforms like CAMS, Karvy (KFintech), or third-party aggregators like ET Money, Groww, or Zerodha Coin, which help in tracking your investments across different fund houses.
5. Transaction Proofs:
- Keep Records: Maintain all transaction proofs such as purchase receipts, emails, and any communication with your broker or mutual fund house.
- Check Folio Numbers: Ensure your folio numbers match across different documents and statements.
6. Know Your Distributor/Broker:
- Registered Intermediaries: Ensure you are dealing with registered and reputed intermediaries. Check their registration with the Securities and Exchange Board of India (SEBI).
7. Direct Plans:
- Direct Investments: Consider investing directly with mutual fund houses instead of through intermediaries to reduce the risk of fraud.
8. Verification:
- Periodic Verification: Regularly verify your investment holdings by cross-checking with AMC statements and CAS.
- Reconcile Transactions: Reconcile your bank account debits with mutual fund purchase transactions.
By following these steps and maintaining vigilance, you can significantly reduce the risk of fraud and ensure the safety of your mutual fund investments.
1 year ago | [YT] | 18
View 1 reply
Dropout Engineer
"As you may have noticed, I've been a bit inactive on our channel lately, and I sincerely apologize for that. However, we are now actively working towards growing our channel and creating new videos for all of you. As time changes, so do your tastes and requirements. Therefore, we would like your input on the type of content or videos you would like to see on our channel in the future. Your feedback will help us create niche content that is tailored to your needs and preferences."
1 year ago | [YT] | 48
View 17 replies
Dropout Engineer
Happy New Year Dropout Engineer Family 🥳✨
You Showered Your Love & Support Last Year 2022 ❤️✨
Here i am promising you this year you are going to get much more value than last year
Let's earn more and more through trading this year 😅💰💸❤️✨
Thank you ❣️
2 years ago | [YT] | 775
View 16 replies
Dropout Engineer
My Josh Talk Speech, Hope My Story Will Motivate Some Of You Thanks To All Subscribers From Bottom Of My Heart Without You All is Wasn't Possible ❤️✨😊🙌
( Marathi Speech )
Video Link : https://youtu.be/vNIe1LlX0jM
3 years ago | [YT] | 644
View 50 replies
Dropout Engineer
शुभ दीपावली ✨ 🪔
3 years ago | [YT] | 3,489
View 48 replies
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