Zerodha: Practice What You Preach?

Shared my thoughts on various assets in collapse-like scenario in a prior thread. :point_down:
P.S. Gold is not safe! :dash:


Didn’t realize @nithin thought of it this way. :thought_balloon:
It’s reassuring to know he has a good moral compass. :compass:
But that should not deter Z and other MIIs from offering or facilitating leveraged and other interesting (f.e. inverse ETFs) products in the future. :innocent:

Uninformed or reckless peeps misusing financial products (credit cards f.e.) should not be a reason to ban or restrict them. This is my libertarian view, but I’m being a hypocrite since I was writing on another thread about why it might be responsible to get rid of weekly options. I guess you need to find a right balance with these things which is easier said than done. :balance_scale:

What I can conclusively say on the topic is to never mis-sell these leveraged/exotic products or push them onto unsuspecting investors - have had this happen to me and my parents from both full service & discount brokerages, NBFCs, and even Big banks. Only Z IME has not yet done this! :white_check_mark:

Uninformed peeps (which we all once were) can be nudged and given the free materials to learn. Beyond that it’s not Z’s responsibility to hand-hold their investments or trades.
I believe this perception of contradiction is limited to uninformed peeps. :woozy_face:

Very interesting, you were/are primarily a bond investor? :thinking:

Silver then?

Seriously wonder whether all gold can be confiscated from Indians? People already are smuggling for like 9% extra tax.

Paper gold (ETFs and the like) would be easy, physical gold would be harder but it presents more problems for the holder - mainly securing it. 🪎

Harder to store than gold, so most peeps would be owning paper silver… aaand its gone! :joy:

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nothing wrong as long as they provide a cautionary “nudge”