Can somebody review my portfolio
Hi all, I am 27y,M currently unmarried residing in Bangalore. Can somebody help me review my portfolio ?
Out of the IND stocks, 15L were invested by my father which has grown to 22L currently. Rest are what I have invested after working for around 4 yrs. My current salary is 1.6L per month I try to invest 40k per month in MFs, 6k in RDs, a lumpsum of around 10k every alternate month in Indian equity and around 50k annually in US markets.
My expenses vary from 70k-90k per month including travelling to my hometown and a short trip every alternate month.
What should be my strategy if I want to grow my wealth to 5-7cr in the next 15 yrs I plan to get married in the next 2 yrs to my current gf who currently draws 1L per month currently. I am unaware of her investments
I so want to block you right now, I’m 25 and nowhere near you, if this much amount you’ve, why can’t you hire a professional for 5-10k rather than take advice from strangers.I wish you all the success and growth, but don’t jinx your success by displaying this on public platforms.
Nice. Wish I knew about investing seriously when I was your age. I actually started at that age.
- 70-90k is a bit too much. I was <50k at that time. But I didn't travel to home frequently.
- Keep a lumpsum amount of 10-20L in flexi FD for emergencies. Skip the RD.
- US is strictly for long term. Booking profits is costly affair.
- Try to keep MFs equity heavy, you can handle the risk at this age.
Thanks, major contributor in expenses are rent and utilities which go up to approx 30k
