by FloatingKoalaT-Systems
Any Investing tips for a Clueless Beginner?
I've always lived paycheck to paycheck, but I want to start investing.
Where do I even begin? What advice would you give to a complete beginner in personal finance?
WobblyNoodle
Gains
We have heard so many times that it's difficult to beat the index and people should stick to investing in index mutual funds.
Well I've been doing SIP in selected non-index funds for past 4-5 years and surprised to that I'm comfortably beating nifty 50 benchmark.
How are your gains looking and how long have you been investing?
15mo ago
JumpyTaco
Goldman Sachs15mo
Your XIRR is too good. Sharpe Ratio?
WobblyNoodle
InMobi15mo
My risk is also lower than nifty 50 (8.2 vs 9.5). Return/Risk ratio is almost 2x of the benchmark.
BubblyCoconut
Student15mo
Not every fund beats the index at all the time windows. Your outperformance is due to you being in the fund that outperformed the index and that might not be always true.
The above summary of the SPIVA report provides context. Read the full report, it has interesting data.
WobblyNoodle
InMobi15mo
I'm aware of this. My SIP is not just in 1 fund.
BubblyCoconut
Student15mo
Please provide the details of the funds you have and their percentages in your portfolio
CosmicQuokka
Paralleldots15mo
Possible to check this in angel one app ??
WobblyNoodle
InMobi15mo
Not sure. Never used angel one.
JumpyHamster
Stealth15mo
Consistency is the key to compounding.
Higher XIRR just makes you greedy and switch. Dont fall for the emotional traps.
WobblyNoodle
InMobi15mo
Yeah. This is my passive investment portfolio. I just do SIP of fixed amount every month in this. Not going to touch it for another 10-15 years.
BubblyPotato
LivSpace15mo
Good on you Kafkaa, The last 1Y, and 2Y have done well. Although you could have risked a bit more during the covid 1st wave, maybe pushed the lifetime returns to 20-25% perhaps.
But great returns nevertheless
WobblyNoodle
InMobi15mo
Completely agree. Got a bit pessimistic during covid 1st wave and played safe.
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Curated from across
by SqueakyWaffleInfosys
Reached 10 Lakh Corpus in 4 Years!
With consistent discipline of SIP reached first goal. This is just the beginning for me, and I’m excited to keep growing my portfolio.
Personal Finance14mo
by GigglyPotatoSlice
Reached 10L networth
I know it's not a big amount, but felt like announcing this. Here's my nw breakdown-
FD/Emergency fund: 5L MF/stocks: 1L Sitting around: 4L (can't get myself to invest it, the market seems very overvalued. Will try to invest this in...
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