Feeling a little happy today
Finally hit 1 cr in savings and investments today after 7 years of work. I know it's not a large amount but it's the best I could do while supporting my brother's education and managing my family (dad is no more). Goal is to increase by .5-1 cr yearly now. Portfolio split- MFs- 65 lakh Stocks- 28 lakh FDs and savings in banks- 7.5 lakh Forex- 3 lakh Total- approx 1 cr What I'm working towards- increasing investments in stocks to make it almost 50:50 between shares and stocks and also adding more gold and forex to the portfolio. No real estate in the next 2 year horizon
WhiskeySour
Stealth
3 months ago
Congratulations! You are doing well. Keep going!
Any reason for increasing stock allocation? Also, how good you are at stocks research, picking ?
Have seen higher returns on stocks vs MFs for some of the picks I did more research on.
I typically analyse sectors I feel will grow (have worked across industries globally so I have a fair idea of what will do better in the areas i have expertise in). Other than that some are no brainer monopolies like irctc etc
Itachi777
Stealth
3 months ago
What is your fixed pay?
Current is around 1cr per annum but that's fairly recent. Prior to this it was much much lower
