If you’re planning to invest ₹10,000 (USD 140) in your favourite $FAANG stocks, make sure it rises at least 44% before you sell it so that you don’t make any actual loss.
(~ ₹1300 for INR to USD)
(~ ₹2500 for USD to INR)pic.twitter.com/q6XNnEmfQ8
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If you’re planning to invest ₹10,000 (USD 140) in your favourite $FAANG stocks, make sure it rises at least 44% before you sell it so that you don’t make any actual loss.
(~ ₹1300 for INR to USD)
(~ ₹2500 for USD to INR)pic.twitter.com/q6XNnEmfQ8
And if you’re thinking of ₹10,000 SIP in US Stocks, you better stick to YesBank, Idea, Suzlon or donate your money than giving ₹1300 to bank every time.
There is a reason why @zerodhaonline hasn’t attempted this yet because It’s not practical for Indian Retail Investors.
Better invest in Motilal Nasdaq 100
+ taxes on gain also are far more brutal
Nope. For long term you have indexation benefits which is not available for Indian shares.
What’s a reliable platform for an Indian based to invest in #FAANG
Parag parik mutual fund may be a good way but it includes other tech stocks too.
Better have exposure to FAANG stocks via good quality funds like @PPFAS
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