mid 20s, ctc 30LPA(cash, non esops), monthly expense 60k(including needs + wants), how should I invest (~1.5L pm) considering following:
Move to Bangalore, give half of that to @BangaloreLandlord, put the rest in index, US and hybrid funds. Do stock trading if feeling wild
Moved to BLR, paying half of my expenses in rent, put some money in index, is us stock worth investing post the tcs of 20%?
Damn, 30k only! TCS you get back at eoy though?
Should put some money in FD, 3-5 lacs for times of crisis. Post that you can save in mutual funds. Once you have some money you can make down payment and buy property. Once you have that you can focus on Financial independence I.e. 25 times of your annual expenditure. Then life set hain 😅
Any suggestions on FDs that can be liquidated instantly/ without additional charges? Was thinking of making an emergency fund- but should be able to use it immediately when in need
I have FDs in IDFC and Axis. 0 preclosure charges in both.
RELIANCE
Holding some at 2000, last 1 year has been a dip, can reinvest if it comes to 2300, expected growth ~ 10% yoy
👌👌 I’ve put all my money into it, 2300 avg. hoping to make quite a chonky profit.
I invest 75% of my salary ...below is my breakout
5% will go to crypto
10% will go to Index ETFs
80% pure equities ( 40% US and 60% Indian Equities ) but will do Indian Equities mostly now ..
5% to ELSS MFs, as need to save taxes ... I hate MFs btw but have to invest there save taxes ..
Thanks for the breakup, I’ve been investing in equities for sometime, just feel it requires too much time + effort + patience, gonna limit equities to 30%
Yup agreed ... My mindset is to look for growth opportunities for a company and taking bet with that ... For ex. I am bullish on DMart, Asian Paints and indigo paints ... As i do see a great moat and growth opportunities for them for the long term ...
I am not an expert at all.. just a retail investor...
But thats my way of investing ...
Also folks any views on bonds via wintwealth?
You don't need wintwealth to invest in bonds. Look for crisil, care or icra ratings. Look for bond advts in business magazines. Anything below AA+ ratings are not worth investing in.
Trust on a fintech >> magazines 🫤, anyway generally what % would you invest in bonds?
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
Hi all, I save about 40k/month after all monthly expenses.
I'm planning to invest this amount in equities to maximize returns.
Need suggestions on where to invest? I'm aiming to accumulate 40L as a down payment for a flat.
Hi folks, I have recently started investing after repeatedly being told to not hoard my money in savings, wanted to know how/how much other people invest. Current portfolio: Equity: 2.5 L ( banking, fmcg, ETFs) Mutual Funds: 1.1 L ( Nav...
