In Which You Invest The Most and Why?
Which is your favourite way to Invest your money? and Why? Tell in Comments. Do Like for More Polls
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Index funds:
- NAVI NIFTY50: cheap & big bros, has 50% of my MF portfolio, safer heaven for hard earned money, have some trust issues as Navi is not a bank but a predatory middleman trying to gobble up my contacts
- Edelweiss Nifty midcap 150 momentum 50, cheap and promising companies, is less likely to beat NIFTY50 & less risky than small caps, this is a combo of 50 good companies in the midcap category
- SGB: Go for RBI Gold, lol, have approx 3L, should have more
- direct stocks: 8L invested, holding profits of 3L
- some random sectoral MF: 1-2L, will exit then this year and stick to Indexes
Areas I’m looking forward to invest:
- Smallcap funds: coz they’d give me the highest returns from highest risks, need a good fund and not the cheapest fund
- Flexicap: heard good things about PPFCP
- Aggressive arbitrage fund: making the best out of price volatility, need a good fund and not the cheapest fund tbh
Mistakes I’ve made:
- stock picking makes no sense tbh as I don’t have time for financial analysis & beating the Index, I’m not a financial advisor and I cannot beat index with knowledge from Reddit/YouTube
- instead of doing investment management, better do LC 🥲
- every year I withdraw ₹1L profits and spend it on shit things like iPhones & other random stuff, I’ll keep it invested from now on
- doing SIP is a bloody good idea, I’ll do SIP from the budget date and forget the rest, when markets crash I’ll pump in more money and I’ll stop them when they are overvalued
- avoid sectoral MFs, just do the index
- avoid investing ₹1-5k in shit MFs as lump sum🥲 and invest ₹10-20k as SIP
I resonate with many of your points and I too am struggling to exit MFs and consolidate since few years.
Biggest,biggest returns was time and mental effort rescued from finance planning and soaking up opinions/knowledge. I still do, but very very selectively like Freefincal as my retirement plan is still not on track and I have my doubts on fixed income parts of portfolio.
Only one sectoral MF which is performing too well to prevent pressing that redeem button: Pharma(Nippon).
I had given up on smallcaps after the pre 2018 rally crashed big time. Now back in it, telling myself that I have to ride next waves.
I like factor investing, but the rules are bit unclear and in the hands of the index curator. So sticking to LV30 instead.
Have a balanced advantage in the center of my portfolio now followed by a simple index fund.