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Kalpen Parekh
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Kalpen Parekh
@KalpenParekh
Heroes keep bios, not me. Views are mine. Reposts & likes are not endorsements. CEO & MD at @dspmf
Pale Blue Dot
Joined May 2010
- I went to the usual grocery store Prices shocked me Milk 🥛 ₹ 300 / litre Bread 🍞 ₹ 102 / pack Butter 🧈 ₹ 1100 / kg It isn’t a nightmare It’s 2031 It’s inflation Plan for it today, not in 2031
- KBC contestant has a loan of 25 Lacs Reaches a stage where he wins 25 Lacs but the next wrong answer means he loses most of it Since unsure of his next answer, he quits Great lesson in personal finance If goal is met, don’t take unknown risks
- It takes 20 years to build wealth It takes 25 years to know It takes 20 years to build wealth
- The first slide by Buffett in a presentation Audience : richest Americans
- I redeemed some units purchased in 1998 - 2005 - 2013 - 2016 to buy a home finally Mere liye - Mutual Fund Sahi hai
- Jains wear their own mask while praying - seeing every one wearing masks, my 97 year granny asks me - has every one adapted Jainism :) ! At an age - elders become kids
- One of our oldest fund crossed 24 years - earned around 20% cagr However No of investors who stayed these 24 years is less than 24
- Stop SIP Instead do these stocks every month Friends were excited when I said this at start of dinner meeting Very disappointed when I ended saying these are all in one single small cap fund with 17 years history good long term investing isn’t great topic in dinner meetings
- 10 richest men on earth No 1 to 9 : owners of Business No 10 : investor in owners of business
- My son started investing at age of 9 He started when nifty was 9k, 10k.....15k and again at 8k, 9k, 10k last year and now at 15k Actually, he didn’t do it His SIP in DSP fund did it for him When he is 48.....nifty will not be at 15k.
- 26 years have gone and yet I get dreams of engineering exam tomorrow and being unprepared.
- A small entrepreneur on why he doesn't take any debt I work for 220 days in a year Debt would work on all 365 days including holidays - hence I rather avoid
