QuirkyMuffin
QuirkyMuffin

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
22mo ago
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GoofyDonut
GoofyDonut

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

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

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

PrancingNoodle
PrancingNoodle
Zomato22mo

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

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
Zomato22mo

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

SquishyPickle
SquishyPickle
Amazon22mo

RELIANCE

QuirkyMuffin
QuirkyMuffin

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

SquishyPickle
SquishyPickle
Amazon22mo

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

MagicalHamster
MagicalHamster

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

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

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

Also folks any views on bonds via wintwealth?

ZoomyBagel
ZoomyBagel
Google22mo

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

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

FloatingBoba
FloatingBoba

Split between multicap, smallcap funds and index funds. Plan for an investment cycle of 10 years. Step up every 6 months/1 year. Look at low churn and low expense ratio funds. Avoid direct trading and keep 15-20% of the portfolio size as cash always. Buy lumpsum when there is panic in the market and please do not sell then. Also, don't look at PF returns daily.

SwirlyPretzel
SwirlyPretzel

If you are young and have high risk appetite, I would suggest the following -

  1. FD / liquid funds for emergency access - limited to 2-3 lakhs. Credit card can be used for most spends even in emergency. High yield FD will an SFB / private bank should be good. Don’t worry about pre closure charges - it’s an emergency after all.
  2. Rest in equity - around 50% in large cap - ETFs (e.g. NIFTYBEES), remaining in small/mid cap MFs. If you are bullish on a few stocks you can directly hold them as stock SIPs.

I believe there are a few principles to keep in mind while investing -

  1. Investment is a game of time in the market - wealth is created as money moves from the impatient to the patient.
  2. Asset allocation is more important than choice of funds in the long run. There may be funds that may generate higher returns than average in the long run, but it’s hard to predict that consistently. Anybody who’s claiming to have this level of prediction accurate is just lucky - and she/he is likely not acknowledging it.
  3. What you see on social media / hear from friends is only about their successful positions - most people don’t talk about their badly performing stocks as much.
  4. Don’t worry about timing the market - very hard to do sustainably. Stick to a discipline of SIP.
PerkyPanda
PerkyPanda

Watch all ET money videos about investing in an index based vs activity-managed mutual funds. Then eventually you will choose ET money genius subscription

PerkyMarshmallow
PerkyMarshmallow

MFs, gold ETFs, and monthly swaha money for the next pump and dump shitcoin

BouncyHamster
BouncyHamster

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