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What can the price of a water bottle teach us about life and self-worth?
Have you ever observed that the price of a water bottle can vary substantially across different places? For example the price may be 99 cents in a US convenience store and may increase 4 times to $ 4 in an international airport.
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Why motivation never lasts but inspiration does?
Being happy is intrinsic for each one of us. One looses track of time when engaged happily in any activity. It may be as simple as binge watching. Many remain happy and content by pursuing their passions. These may be as diverse as travelling to collecting coins to running a business. Once we approach any task with intrinsic happiness and motivation, creativity blossoms. It is long lasting.
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Wishing a great new year 2022 !
The new year brings new hopes and rekindles aspirations. We sincerely look forward to more resilience, prosperity and health in each one of you.
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Best strategy to achieve financial freedom !
There are 2 school of thoughts with respect to savings. One school talks about increasing the expenses and the other encourages more savings in the current circumstances.
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Is Evergrow coin the next crypto value buy?
EverGrow Coin has innovative features, which the company claims has actually set it apart from other projects and led to the platform being the fastest growing in the crypto world.
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Realme X50 Pro 5G – Mobile phone
The Realme X50 Pro is 5G ready. it has built in Android 10 which is upgradable to Android 11, Realme UI 2.0. The display type is Super AMOLED, 90Hz, HDR10+.
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Earn interest on cryptocurrency deposits!
A crypto currency savings account works like a traditional savings account. In simple terms, one would deposit cryptocurrencies in the savings accounts, which are then lent out to third parties, who agree to pay interest on the borrowed cryptocurrencies via the savings accounts.
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Story of determination shared by Mohnish Pabrai !
The 2021 IIT selection test results are finally out. This batch had a lot of challenges with Covid, campus shutdown, delayed tests etc. I am super excited to report that, despite these challenges, at Dakshana Valley we had our highest success rate among our scholars. About 88% of them will be offered a place at one of the IITs. The star of this batch is Rajkumar. Rajkumar is missing his left forearm. His mother (in the picture) is illiterate and works as an unskilled laborer earning $55/month. His father, also illiterate, passed away when Rajkumar was ten years old. I cannot comprehend how his widowed mother raised him and his…
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How to manage loss in intraday trading?
A discount broker will go a long way in keeping the charges low for intraday trades. It ensures more money in your pocket. Avoiding loss in intraday trading is a function of market psychology, knowledge, position sizing, and stop loss. All of the 3 needs to be combined to avoid losses. However, losses cannot be avoided entirely, and one can only limit them. With this thought process in mind, let us go through a list of points, which will help to manage intraday trading risk considerably. 1. Rely on position sizing Position sizing plays an important role in limiting losses. The concept means that you are willing to loose only…
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Vivo X70 Pro Plus review
The Vivo X70+ has an attractive 3D curved display. It is 8.89 mm thin and weighs only 213 grams. Edges are smoothly crafted and facilitate a firm grip
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Make your good habits stay forever!
We don't try to delve into the real reasons of habit formation failure. According to me, the real reason of failure is only one i.e Failing to re-start after a temporary set-back/pause.
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How to manage any stock market crash?
Why do we have to wait for a crash to be safe? A crash is not in our control, which makes it highly risky. A much better approach, which is in our control, would be to focus on stop loss and position size.
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Attach curiosity with happiness
One would generally feel a surge of energy when curiosity and happiness merge. This is also termed as passion and allows one to be in the game longer. It feels like euphoria and if managed well can help achieve goals easily. Work feels like fun
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Being an expert in equity chart analysis !
Many of us would like to be experts in Equity chart analysis. Many feel it is quite easy. However, it is the quite opposite as analyzing any chart requires balance of mind, keen eye for detail, technical knowledge and ability to correlate. All of these are life skills and everyone knows that these skills are only honed with time and practice. One should not expect to be a master in few months. Below are few points, which I have tried to explain. These will surely build your expertise in chart analysis. 1. Understand your trading style Understanding your trading style will depend on your trading capital, trading comfort, objectives, time…
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How to keep track of a startup’s progress?
Managing a startup requires a lot of patience and skill. Each day will bring new challenges. Frequent firefighting during the initial stages is very common. Liquidity issues will crop up every now. It will be extremely important to keep close tabs on the performance of the organization and be ready to recognize issues early on. Before anything else the key performance areas and objectives for the company should be clearly defined and outlined. The measurements should be very objective. e.g. Sales per employee, case load per officer, bounce rate etc. There are 5 important areas to track a startup’s progress: 1. Team quality and contribution To me the team is…
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Major Anuj Sood followed his heart and excelled !
Major Anuj Sood was an alumnus of the Punjab Public School Nabha and had signed up with the National Defence Academy prior to being commissioned into the Brigade of the Guards. After his school education, he had cleared the IIT JEE test, however he chose to sign up with NDA as he had dreamt of. From his youth days, he constantly desired to follow in the steps of his dad( Brig Retd. Chandrakant Sood, who served in the Corps of EME) and serve in the Army like him. Major Anuj Sood of 21 Rashtriya Rifles (RR), who put down his life in the line of duty in an encounter with…
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How to play far month derivatives in India?
Playing far month derivatives can be tricky business. One needs to understand the psychology of trade participants and get in the trade at the right price. Day traders should avoid trading in far month derivatives at all costs.
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Climber stocks ( September 21′)
Stock Current price Estm target Stop Loss Estm Time Result CADILAHC 550.55 650 520 3-4 weeks BAJAJAUTO 3699.45 200 3650 4-5 weeks AARTIIND 926.50 1000 901 1-2 weeks COROMANDEL 766.80 1000 719 4-6 weeks
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When should you think of retiring early?
There are many reasons that you may not wish to retire early. Similarly there are many strong rationales to think about doing so. It becomes more important, if your partner is retiring early and you wish to spend optimal time together. Below are few great reasons to consider retiring early: 1. Plan to minimize future guilt Many individuals in retirement have remorse about having committed a lot energy and time to their work and hence were not able to give adequate to their loved ones. By retiring early, you’ll not only have more time for grandchildren and kids, but also your better half. You will receive an opportunity to build…
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Remember these after buying a health insurance!
I hope you have bought the heath insurance cover for yourself and your family. If you are still waiting to buy one, then please look around. Your savings are the first to suffer in the absence of good health coverage. Also, due to the pandemic premiums have been increasing recently. The procedure of purchasing medical insurance is really simple. You go through the features of the very best policies, consult friends and purchase them offline or online. After that the policy files reaches your home within a few days of premium payment. You feel relived at last. However, your health insurance has to undergo the ‘claim’ test, before you can…
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Living in the US, crossed 50 and still catching up on retirement savings?
Information is significantly revealing that numerous Americans, even those in their 50s, have actually conserved little for their retirement. According to research study by the not-for-profit Economic Policy Institute, amongst homes headed by grownups ages 50 to 55, the average retirement cost savings is just $8,000, according to the Economic Policy Institute. Absence of retirement funds is even more worrying as today’s grownups are anticipated to live a lot longer. In 1940, the life span of a 65 years of age was nearly 14 years. Today it is simply over twenty years. Supplemental earnings like Social Security might not suffice to cover anything beyond fundamental requirements, particularly if senior citizens…
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RBI boosts credit and debit card security with new rules
Many of us have heard about Credit or Debit card frauds/misuse from our acquaintances in the recent past. Earlier, transactions would not require OTP verification while executing the transaction. It had left a big loophole open and was being misused by firms, who used to store credentials. Transactions would get executed well after the subscription period. I myself faced issues with Netflix subscriptions, which would automatically debit the amount from my card. This was specially risky, if are planning to stop the subscription on that day. Now, RBI has come us with a new set of rules for cards issued in India. For New Cards or Reissued Cards During issue…
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Thoughts can revolutionize your life !
Any beautiful creation has to be deliberate and well planned. Nothing is accidental. If it is, then you do need to plan really well to retain that beautiful creation of yours. All of us have a small self-talk. It depends what we tell ourselves. It can be positive or a negative self-talk. What does your thoughts do to you? I feel it is like sowing the seeds of a flower plant or a weed. Be careful of what you sow, as your mind is like a garden, which needs all the care possible. Self-talk seems commonplace at first glance. I had this cluster of images running in my own mind.…
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I know my place! The story of ‘Saysh’.
Allyson Felix the most decorated American track and field sprinter also made it very special my running in her own brand of sneakers.
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How to set up a Dropshipping business easily?
What do we mean by a dropshipping business ? As a layman, it simply means that I can ship the products to my client in any country without actually taking delivery of the goods i.e. the warehouse directly ships it to my customers. However, it is not as simple as it seems. Different countries may have different regulations regarding the same. For example in Qatar the dropshipping business is not easy to establish. it is extremely expensive and one needs to have a license. The difficulty can be ascertained from the fact that Qatar does not have Amazon in their country. In a few countries it may be extremely easy…
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How to stay motivated?
What drives us to remain inspired is as private as who we are. Thus you require to customize your inspirational trigger, that will resonate with you. The more you understand and comprehend yourself, the more reliable your efforts will be. You discover it within, due to the fact that all inspiration is self-motivation. What happens, when you can’t discover your inspiration or you can’t remain inspired long enough to complete a job or even keep up with everyday jobs? You need discover your inspiration soon. In today’s competitive workplace, our biggest untapped resource might be self-motivation. Break objectives into workable jobs. One crucial secret to your success will be your…
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Is the ‘Digital Nomad’ genie out of the bottle?
The term ‘Digital Nomad’ has gained tremendous visibility during the recent pandemic. It is a lifestyle adopted by technology savvy people who can work from anywhere, without having to be based out of a location. With job losses and salary cuts, alternative sources of income are being explored. The ‘Digital Nomad’ lifestyle has caught the imagination of youngsters around as it provides flexibility to manage your own pace. Research shows that the 2020 ‘Digital Nomad’ spike is driven by people with traditional jobs. It is a whopping 96% increase in 2020 if compared with 2019 numbers. It will be no surprise if 2021 doubles the figures again. This is a…
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Cummins India move above Rs 900 probable !
Cummins India has a good chance of crossing Rs 900 for further upmove. I am keeping the stoploss at Rs 830 levels.
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Coromandel Int set to cross Rs 1000
Coromandel Int is currently priced at Rs 918. Set up now to cross Rs 1000 in the short term. My stop loss at Rs 890
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Watch Jindal Drilling on 19 July 21′
Jindal Drilling is in my watchlist now. Weekly 20 EMA crossed 200 MA. Watching to see if it sustains. Expecting it to correct and retest Rs 120 -122 levels. It’s movement on 19 July 21′ , will further tell about the behavior of this counter. If it has truly broken out then it will not stop. There is also a possibility of retest to the above mentioned levels. Thereafter can touch Rs 175 levels in medium term, if it sustains and stays above weekly 200 MA. I will observe it’s behavior for 1-2 days before entering with a good stop loss below Rs 120 levels.
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How travelling changes you for the better?
I have travelled across India and can definitely say they have been one of the best experiences. Have travelled the farthest when I had the least money and was a student. Hence, the misconception of having good buffer money during travels is biased. I have travelled from Kashmir to Kerala. Other states include Delhi, Punjab, UP, Rajasthan, Uttarakhand, Madhya Pradesh, West Bengal, Jharkhand, Gujarat, Maharashtra, Goa, Karnataka and Telangana. All of the visits have been memorable and linger on even after decades. Travelling is also good for the soul. Below are few of the many benefits of travelling, which I have experienced over the years. 1. Brings humility The first…
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Flexi Loans makes a debut on Google Pay !
Flexi Loans debuts on Google Pay in India. It is the first lender to do so with an aim to transform the MSME lending scenario. The company was founded by Manish Lunia, Ritesh Jain, Deepak Jain and Abhishek Kothari. All of them ISB graduates, which is a bit eerie. Nevertheless they have come a long way within a short span of time. In it’s press release it mentioned about it’s plan of giving loans to 50,000 small businesses in the next 12 months. They are targeting the small merchants and entrepreneurs who otherwise don’t have access to formal credit. In March, 21 they entered into an agreement with PAYPAL and…
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Culture eats process for breakfast!!
Every organization has a certain inbuilt culture, which is mainly driven by the promoter and managers. There is a high risk that the structure can be turned upside down due to external interferences also E.g. Political interference, trade unions etc. Organizations that thrive, understand the importance of having a right culture within. They understand that performance and merit should be the top most criteria for evaluating promotions and rewards. These organizations are aware and also know that performance can only be a byproduct of great processes. However, very few recognize that only a right culture will ensure right adherence. Else, wrong self serving processes can be easily set up with…
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Jonny Kim and the power of focus!
Steve Jobs once said “Focus and simplicity….once you get there, you can move mountains.” This is so true for Jonny Kim, who achieved the rare distinction of being a Navy Seal, an accomplished doctor and now a NASA ‘Artemis’ astronaut program candidate. How did he achieve all of it as he himself had confessed that, “As a child, he was not aware what he wanted to become”. The biggest thing he lacked as child was ‘confidence’. This was natural as his parents had immigrated recently and he would have took time to adjust. His Navy Seal career provided him with lot of hard skills but higher education taught him how…
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5 hidden causes that lead to business failure in the first year|How to avoid business failures in the 1st year?
The US Bureau of Labor Statistics ( BLS ) data suggests that 20% of new businesses fail in the first 2 years, 45% during the first 5 years and 65% during the first 10 years.
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Shanti Gears, gearing up for an upmove ✨✨
Watching for expected 20% upmove from Rs 145 levels.
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Can you extend health insurance cover after diagnosis of illness?
f one does not declare the on set of a new illness at the time of extending the health cover amount, then there are high chances that any related claim may be rejected.
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Processing Cashless or reimbursement health insurance claims?
During this pandemic, Health Insurance has become nothing short of a boon to the general population. People are more aware and now understand that having a Health Insurance is absolutely necessary. Even if we discount the pandemic, illnesses can emerge suddenly and one should be prepared. I have seen first hand, how healthy individuals develop sudden complications, and if the insurance is not in place, it may turn the world upside down. Specially if you are young or don’t have enough savings. If one is paying the insurance premiums regularly then there is a natural expectation that all expenses would be covered. However, this may not be the case always…
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Polymed commenced journey towards Rs 1200
Polymed has taken crucial support in weekly and should now attempt to reach Rs 1200. Approximately 20% upside is expected. Plan is to enter in small quantities and gradually increase at intervals, where volume support is adequately visible. Keeping a stop loss at Rs 977 -975 levels and will stagger it upwards as price increases. Disclaimer: Please do your own due diligence before taking action. I am not a SEBI registered analyst.
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How to identify your talent?
It is a big Myth that everyone has a unique or raw talent. One must have heard about the book ‘Talent is overrated‘ by ‘Geoff Colvin’. It indeed is overrated and one needs to take note. A better phrase would be that ‘everyone has natural abilities‘. ‘Abilities‘ are not talent but God given skills like ‘running‘ , ‘thinking‘ etc. ‘Interests‘ and ‘Passions‘ definitely exist. These then lead to enough practice automatically as you love them. It is that simple ! Enough practice then makes you skilled. Athletics is a very good example of observing the ‘hidden Talent myth’. Have you ever wondered why cricketers keep on practicing one shot for…
