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EP-24 #AskMoneyPurse

Original: EP-24 #ASKMONEYPURSE

79.4K views · Jun 06, 2021 · 14:46 min · Watch on YouTube ↗
Takeaway

Never borrow personal loan money for stock investing, and stick to long-term sector plays like Indian IT.

Summary

  • Strong warning: do NOT take a personal loan to invest in equities — host calls this greedy and unsafe
  • Bullish on Indian IT sector — businesses kept growing through pandemic as global corporates digitised
  • Cautions on margin pressure for IT companies as new players enter
  • Axis Mutual Fund AUM crossed Rs 2 lakh crore — host says it remains safe to invest in
  • Reiterates focus on long-term business growth over short-term stock price moves
personal loanIT sectorAxis MF
Original description
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One Up On Wall Street (Peter Lynch) : https://amzn.to/31pNFL8
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