A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA
How do you embrace volatility? A 10% down move is 20L loss. Does it sadden you, make you wish to take any actions?
Similarly, a 10% up move is 20L in the bank. Do you feel the itch to cash out a bit, or take out money to treat yourself after spending 10 long years building the folio?
Please answer this question op
I stay with my parents,I run my own business, don't own any personal loan on anything hence I save money here. My father has debt which needs to be paid in future as there is no compulsion to pay right away so I just focus on investing. I keep quite some amount (almost 40-50L) as cash in hand for emergencies at any given point of time.
Long term investor should not be worried about the short term loss or profits :) I sometimes forget my password & don't check portfolio for weeks.
What is your investment strategy roughly?
Investing since 2014. I invest 50% of income almost every month. Sometimes once in three months. Increased my investment since 2020 as my income grew in business. My dad advises me when it comes to stocks but I take the call on the amount.
Very 👌🏻
How do you secure your portfolio,
I think If you lost your mobile, somebody can just take your sim and install it on their mobile
Install Groww App, reset the groww pin
Add a bank account for withdrawal and withdraw the money
Thats a valid question. I didn't think through this yet but It would be difficult to bypass so easily right? We have pin + password on the app + if you change the emai passwordl & maybe freeze it with the securities, nobody can do anything.
withdrawal never happens without a penny drop validation
as a response of penny drop, customer’s name is validated, which will fail here
