DizzyMuffin
DizzyMuffin

I finally reached 5cr networth this month, looking for investment opportunities and some guidance on where and how i should invest to grow

FYI : I currently only invest in mutual funds

4mo ago
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SillyHamster
SillyHamster

Going by that other guy on Grapevine, first check if your significant affair is having an affair 💀💀

DizzyMuffin
DizzyMuffin

Meaning ? Didn't get the joke 😅

SleepyPretzel
SleepyPretzel

There was a post from other guy that posted he reached 9.5cr networth then 6 months later found his wife having an affair lost 7 cr + kids custody in divorce even without his fault

PerkyDumpling
PerkyDumpling

Firstly Hire a fee only advisor and second take this advice from him/her and not the internet

DizzyMuffin
DizzyMuffin

Any recommendations ? I got advisor but they mostly operate on commisions i think

CosmicRaccoon
CosmicRaccoon

Invest 2 cr in Motilal Oswal 250 microcap fund - rest continue to do sip.

GroovyBanana
GroovyBanana

You made this money in India, Or you went to the US for some time, and made this money there???

DizzyMuffin
DizzyMuffin

India only

GroovyBanana
GroovyBanana

Dude your age?

WobblyCupcake
WobblyCupcake

Congrats, All 5 cr in MF only?
What about other places? What's your xirr roughly? And what's the breakup in large, mid and small cap? TIA

DizzyMuffin
DizzyMuffin

Mostly MF , i have recently started some PMS as well

PeppyBoba
PeppyBoba
Uber4mo

What’s PMS ?

SleepyWalrus
SleepyWalrus

Dude, congrats first of all, and next question - any breakup of how you've reached 5cr by 26? That's super duper young ngl

ZippyMochi
ZippyMochi

Buy some real estate if you haven't, take a smaller duration loan and get something in tier 2/3 cities that are growing fast. 1-2 Cr max. Can grow crops and trees there for income (if you get land, not flat/house).

Get some gold, silver and crypto for long term holding. 50L-1Cr here. Only buy crypto if you can self custody in a hardware wallet. Don't buy crypto if you don't know how to store it safely. Can buy metals in physical form or get exposure through trading ETFs digitally.

Lastly, get USA stocks. Nasdaq spx give decent exposure. You should ideally have sensex Nifty and banknifty as well by now.

ZippyMochi
ZippyMochi

Fastest way to grow money is by putting it to use in a business. If you can start one, go for it. If not, invest in other businesses. Have a budget of 50L-1Cr.

MagicalBurrito
MagicalBurrito

How to invest in US market? Any broker from India who allows that other than indexes?

SillyPenguin
SillyPenguin

Can you share your fund names? If that's ok.

DizzyMuffin
DizzyMuffin

Nothing special just parag Parikh and quant funds

FloatingPancake
FloatingPancake

What is your XIRR?

SwirlyMarshmallow
SwirlyMarshmallow

@Iitachi work on proper asset allocation model to maintain a good risk adjusted return on your portfolio. A good mix of equity, debt and gold and some alternate assets should be a good way to grow consistently

DizzyMuffin
DizzyMuffin

Sounds good, any concrete plan?

SwirlyMarshmallow
SwirlyMarshmallow

The asset allocation will depend on your risk profile and return expectations.

SquishyBoba
SquishyBoba
TCS4mo

What do you do man?

DizzyMuffin
DizzyMuffin

Coding 😅

JazzyTaco
JazzyTaco
HCL4mo

This is not the place where you can rarely find people with a salaried mindset. Whatever answer you get here would be within this matrix. Ask this to those people who don't work for money and make money work for them.

DizzyMuffin
DizzyMuffin

True , i actually realised this after posting.. but unfortunately I don't have many friends doing business

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