Investment tips for guy who's earning 30k permonth, age :23
Hey guys , I am an IT dihadi majdur. Have zero idea about Investment. Let me share my income: I receive 30k in hand from which I have to save 20k for my brother's engineering. Rest of the money I transfer to my mother's account as we have a small loan ( 2 lakhs aprx ). Any tips how can I start investing, heard about SIP but don't know how to do it and where to invest. Can anyone please guide me step by step. Also I have 2.5 years of experience in Java. Any career related guidance will really help.
LokiPen
Stealth
5 months ago
From the details you have given, I would suggest you to switch first to get a better package and then you can start investing.
Copenhagen
Stealth
5 months ago
Switch first. I used to earn the same during my internship.
Sip is best for you . You can check best performing mutual funds on et money, groww , coin etc and start investing . Earlier you start better it is .
GentleToot7
Student
5 months ago
Want to learn how to invest in spi check WARIKOO on YouTube , you will get your perfect guide for investment 🫡
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Nolimit
Stealth
5 months ago
Early investing is overrated.
Switch job to 50k to 1Lakh per month.
From that save 5Lakhs as Emergency cash.
Pay off loan.
3Lakhs in Gold
Then go for SIP, MF etc
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