I want to start investing. Be it mutuals funds, or trading, options or day whatever it is. I want to learn it. However, I dont even know which app should I use, let alone where to invest. Any resources which would get me started with beginner lessons, how to start, where to invest, etc. Ps: Dont recommend scammy finfluencers
Zerodha Varsity
Whats that
Try asking the same to google, chatgpt or bard
Read a book. Lets Talk Money. Monica Halan.
The equation for success is Earnings - Investments = Expenditure.
These investments need to be invested monthly in a single Nifty50 ETF / MF till you hit a corpus of 50L.
Buy SGBs when you can. Not more than 20% of your portfolio.
When you have 50L then start thinking of asset diversification - mid / small caps / real estate / debt.
Talk to a certified financial advisor who builds a goal based plan
Don't listen to random advice from finfluencers.
Discipline is destiny. There is no substitute for just continuing to invest regularly without major action. Don't expect big returns in a short time.
Good luck!
I am low on time. Hardly get 2-3 hours which I spend on upskilling. So reading a book is out of scope. Any other alternatives?
If you need to be wealthy, you need to find time.
As you mentioned you don't have time, you many approach a fee only financial planner and get their advice. They take a fixed fee nd advice on where to invest. They don't get any commission from your investments, so they don't have conflict of interest.
Here's a list of such advisors. https://www.feeonlyindia.com/list-of-fee-only-planners
PS: I haven't worked with any of them.
If we are a beginner is it good to invest ourselves through any Investing apps like Grow/ETMoney etc.. or should we consult any financial advisor or firm to start our investing journey. Please suggest.
I've started earning 6 months ago, I want to learn personal finance and all about investments in current trend. I definitely don't want to do trading and stuff on my own. Please help me get started. Thanks 😊