Happy independence day!

Dedicated to all those hard-core traders who are striving to make a difference !

And to zerodha to have helped additional 1% of Indian population open a demat
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Which country are you wishing “Happy Independence Day”?

By the time the rest of the people see it, it will be 15th :grinning: :smiley:

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So, if one had enough assets in 1947 to be self-sufficient based on returns from them,
and had deployed their assets diversely to achieve ~9% returns in aggregate,
they would have continued to be self-sufficient today.

(assuming they did not panic during the financial “shocks” or “hiccups”
and were able to temporarily adjust their expenses accordingly during downturns.)

Problem is most of people don’t understand inflation.

Even the educated ones are uneducated.

This reminded me of Fish don’t know they’re in water.

We are “blind” to some of the very significant aspects affecting our lives.
Some of those aspects are technically not even static,
but due to our limited experiences, we assume them to be fixed.
(eg. i wonder how our generation will react to -ve inflation. :sweat_smile: not just disinflation, but deflation.)

On a related note, Lifestyle Inflation is a thing, and it is possible to overcome it.
Happy Financial-Independence day to those who read it. :wave: :nerd_face:

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Maybe money and capitalism will not exist in future.