Planning to invest in stocks later. Also, created an FD with auto-sweep enabled for emergency funds. Investment suggestions pls...
Too diversified imo You can choose one type of safe retirement investment: ppf/nps Sgb is preferable for wealth preservation, not creation ( which is what you want at this stage) Fds aren't worth it if you have the above(weather safety) and mfs/stock investments(instant withdrawals)
*wealth safety
Nps helps in 50k deduction under section 80CCD (1B) right
Forgot to mention, I'm 24 now
What should be the order of financial products to buy when you are just beginning your personal finance journey?
Like :
Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
What do you guys do w...
Hookers and Coke, go enjoy life
1. Sip in Mutual funds - at least 10-20% of salary 2. PPF if not invested in lump sum during start of FY 3. Inve...
Park in cred mint or mobikwik xtra 50% in mf and 30 % in above
I have been working in the IT industry for around 14 years, and as a result, I have built up my savings without any debts. My current monthly income is ₹1.7 lakhs. I work from home and have minimal expenses, as my parents cover most of m...
Suggestion is to get married lol. Jk:)
Stop SBI and LIC and instead buy a term insurance from Private players, and invest remaining amount into MF, try to i...
You are 36 and not married, maybe focus more on enjoying life if you prefer to stay single as there's no point in jus...
So, I have a good stable income now. But life's getting serious by the day as I grow older by the day. Need to start taking more financial responsibilities overtime when parents take their retirements in a year or two. So, thinking for s...
