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QuirkyMuffin
QuirkyMuffin
Stealth

How do you invest your money?

mid 20s, ctc 30LPA(cash, non esops), monthly expense 60k(including needs + wants), how should I invest (~1.5L pm) considering following:

  1. high risk appetite: do not want to invest in FDs
  2. asset lite: do not want to invest in real estate
  3. no dependencies, no loans, no emis
18mo ago
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GoofyDonut
GoofyDonut
Stealth18mo

Move to Bangalore, give half of that to @BangaloreLandlord, put the rest in index, US and hybrid funds. Do stock trading if feeling wild

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Moved to BLR, paying half of my expenses in rent, put some money in index, is us stock worth investing post the tcs of 20%?

GoofyDonut
GoofyDonut
Stealth18mo

Damn, 30k only! TCS you get back at eoy though?

PrancingNoodle
PrancingNoodle
Zomato18mo

Should put some money in FD, 3-5 lacs for times of crisis. Post that you can save in mutual funds. Once you have some money you can make down payment and buy property. Once you have that you can focus on Financial independence I.e. 25 times of your annual expenditure. Then life set hain 😅

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Any suggestions on FDs that can be liquidated instantly/ without additional charges? Was thinking of making an emergency fund- but should be able to use it immediately when in need

PrancingNoodle
PrancingNoodle
Zomato18mo

I have FDs in IDFC and Axis. 0 preclosure charges in both.

SquishyPickle
SquishyPickle
Amazon18mo

RELIANCE

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Holding some at 2000, last 1 year has been a dip, can reinvest if it comes to 2300, expected growth ~ 10% yoy

SquishyPickle
SquishyPickle
Amazon18mo

👌👌 I’ve put all my money into it, 2300 avg. hoping to make quite a chonky profit.

MagicalHamster
MagicalHamster
Stealth18mo

I invest 75% of my salary ...below is my breakout

5% will go to crypto
10% will go to Index ETFs
80% pure equities ( 40% US and 60% Indian Equities ) but will do Indian Equities mostly now .. 5% to ELSS MFs, as need to save taxes ... I hate MFs btw but have to invest there save taxes ..

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Thanks for the breakup, I’ve been investing in equities for sometime, just feel it requires too much time + effort + patience, gonna limit equities to 30%

MagicalHamster
MagicalHamster
Stealth18mo

Yup agreed ... My mindset is to look for growth opportunities for a company and taking bet with that ... For ex. I am bullish on DMart, Asian Paints and indigo paints ... As i do see a great moat and growth opportunities for them for the long term ...

I am not an expert at all.. just a retail investor...

But thats my way of investing ...

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Also folks any views on bonds via wintwealth?

ZoomyBagel
ZoomyBagel
Google18mo

You don't need wintwealth to invest in bonds. Look for crisil, care or icra ratings. Look for bond advts in business magazines. Anything below AA+ ratings are not worth investing in.

QuirkyMuffin
QuirkyMuffin
Stealth18mo

Trust on a fintech >> magazines 🫤, anyway generally what % would you invest in bonds?

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