The BSE/NSE Trading Thread

[randomGuy]

In last 3 years, I meaningfully invested only in gold(sgb, goldbees etc) that too just for 6 months...in arnd October last year, after hamas attacks or thereabouts, arnd a crore and booked out in March, April for a 18-20% gains...

 

Looks like everyone starts with PSU banks...10 yrs back I too bought PSU banks in 2014 when I first started and didn't have a clue...maybe because they have low pe ratio.

 

From past 3 years I think everything is expensive, even gold n real estate. I won't touch anything for 1-2 yrs probably.

Edited September 19, 2024 by randomGuy

[Real McCoy]

27 minutes ago, randomGuy said:

In last 3 years, I meaningfully invested only in gold(sgb, goldbees etc) that too just for 6 months...in arnd October last year, after hamas attacks or thereabouts, arnd a crore and booked out in March, April for a 18-20% gains...

 

Looks like everyone starts with PSU banks...10 yrs back I too bought PSU banks in 2014 when I first started and didn't have a clue...maybe because they have low pe ratio.

 

From past 3 years I think everything is expensive, even gold n real estate. I won't touch anything for 1-2 yrs probably.

 

I believe SGB is LTCG free IIRC. Is it true?

[Real McCoy]

42 minutes ago, Lord said:

Help him out guys @velu @randomGuy

 

 

you left out the important bits from mudiji. how sneaky of you

[randomGuy]

10 minutes ago, Real McCoy said:

 

I believe SGB is LTCG free IIRC. Is it true?

Yep. till last year it was taxed as per income tax slab rates for short term gains iirc and if you held for 5 yrs or till maturity, it was (and is still) tax free. Pls double check. 

 

 

[velu]

On 9/19/2024 at 7:59 PM, Lord said:

Help him out guys @velu @randomGuy

 

 

Mkts firing up , but most traders are in soup because of random intraday moves