HDFC mba wealth mgr are bullshit...they always suggest to reinvest in ulip. 
  
 Surprisingly, I can't buy HDFC opportunities fund from HDFC website but Groww offers that at very low expense ratio (direct fund)

“kya karu itne paiso ka” 
  
 wealth manager: “reinvest sir”

Business Analyst

Yeah... 
 They get huge commission for ulip

Senior Consultant

ULIP yielding 2x in 4-5 years, is it real?  
  
 Buying agricultural land can be good decision if you have someone to take care of it. Capital gains would be absorbed. 
  
 Markets might be all time high but some blue chips are at fair valuations.

Yes... I used to switch funds according to market. 
  
 Else it wouldn't have 2x. 
  
 What blue chips are at fair valuation?

Product Manager

So, a banker sold me ulip product 45y back.  Made almost 2x profit.  But now I am thinking to park this money somewhere else...it's tax free btw ( 80, 10 X D)  Options are many and am confused 🤔  ...

Welcome to Personal Finance's Private Community

So, a banker sold me ulip product 4-5y back.

Made almost 2x profit.

But now I am thinking to park this money somewhere else...it's tax free btw ( 80, 10 X D)

Options are many and am confused 🤔

Can anyone help me...

I am thinking to buy agricultural land or direct stocks. ( But market is at all time high)

ULIP disinvestment

ULIP disinvestment- Grapevine

I have been receiving calls from HDFC to opt for ULIP plans. I didn't know much about it. Now I knew after much discussion with their fund manager and research on internet. 

What worries is the charges. The plan HDFC recommended had 12% premium allocation charge for 1st year itself and other charges after that.

Still want an option if it is worth an investment and if any other bank or service that offer better ULIP plan.

ULIP investment worth it??

Software Developer

I have 20+ lakhs in bank account. My bank contact agent is telling me to invest these in a less risk mutual fund rather than in fds . What are your views on it? Is it the right path to go as that would help me save tax.

Investment advice

Security Engineer

Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃

Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah) 

My inputs - During 2021/22 real estate boom, I picked a real estate stonk (india bulls) as I thought it’s a growing sector and company will become beneficiary after all the sins they have committed in past. Bam! Over next 5 months stock crashed ~50% 🥲

FriYaY is Investment day on GV!

It's been close to a year since I am earning a salary and this is what I do:
1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount further into these and not start a new sip)

2. Max out 80C by putting the entire limit in PPF, this is on top of what is by default deposited into EPF.

3. A little (inconsistently) into direct stocks as and when I find or get to know about a decent trade opportunity.

4. An LIC ULIP plan that my father made me subscribe to 🙂 (hopefully will end in a couple more years)

Tips from experienced folks will be much appreciated.😄

How do you invest your salary?

Backend Engineer

Hi all , I have some 10 lacs of savings which I don't want to keep idle in the bank for obvious reasons, 
I need suggestions on where I can invest for the next couple of years with Medium risk involved.
TIA.

Investment ideas

Analyst

Guys I have land worth 2.16acres where approx 45 30*40 sites can be constructed and currently per plot of 30*40 selling somewhere to 15-18lakhs

Is it good idea to sell all in 1/2years? Get retired while keeping 50% FD and 50% in Nifty 50?

And do freelance or remote small work which I really care about???

2.16Acre land

UX/UI Designer

Got money as proceeds of a flat sale. Planning to buy a new property for self use using this money and adding some more money. I need not put in escrow/infrastructure funds as sale has not resulted in any capital gain.

What is the best place to park a large sum of money for 3-6 months

Investor

I have around 3 lakh sitting i. My saving account. 
MFs are very high right now, don’t feel like investing as I feel it would come down. Where can I park this money?

Investment help

Project Manager

Current Portfolio review - Anything that I should consider selling? (Shared my current SIPs desc/ratio in another post due to single image/post limitation, I've done 35k/70k/1L LTCG Profit harvesting in last 3 years)

1. Real estate (invested value)
2. Liquid cash
3. Other Investments (invested value)

The wealth should not be inherited.

I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.

How much wealth have you created yourself?

Seeing the comment section,I realise I am broke.

Frontend Engineer

Whats your strategy when it comes to Insurance?

- ULIP with life cover (the ulip returns outdo the insurance by the time the policy ends usually) Vs Term life

- Health ( Family floater Vs Individual cover ) assuming no pre existing conditions

Sad that most if our gen lacks good insurance knowledge and penetration (this for me is a key aspect of financial
Literacy!!)

Insurance !

A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA

Equity Portfolio touched 2Cr this Friday!

Founder

How's HDFC endowment policy? They're claiming a >30% return on the principal amount. 
Are there any risks involved with such a policy? Anyone invested in such policies?

HDFC policy with >30% assured returns

Tech Lead

I'm being pitched LIC Nivesh Plus(849) ULIP.
Average return generated by the funds in this scheme is 15%. I'm okay with the 5 year lock in period. Seems like a decent deal to me.

Why do people advice against ULIPs? What are some things that I'm overlooking or the agent isn't telling me?

ULIP disinvestment

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