hesoyam
hesoyam
Stealth

Investment advice

I have around 4-5cr worth of ancestral land, it’s in a village in UP and the value hasn’t been appreciating much.

I’m thinking of selling it and investing the money to create a regular monthly income, has someone who has done something similar share any advice?

6mo ago
FireHawk
FireHawk
Javis6mo

Do farming na. And sell everything in the market.

hesoyam
hesoyam
Stealth6mo

Haha not really my thing, my folks who are there do it just to keep themselves occupied- I don’t know how but they are in net loss every year lol

HeavyHood
HeavyHood
TCS6mo

There is a reason you inherited those assets. Not everyone is lucky to have that kind of background.

The reason is that your ancestors valued it and it might have appreciated more in recent time in terms of money, but the value was there from the beginning.

Not very sound financial advice it may sound, but leave those fortune for someone who inherits it from you and feel equally proud as you might be feeling today.

I know people who liquidated assets and are laughing stocks in family for losing all the fortune.

Tara
Tara
EY6mo

You can invest in a property giving a good rental yield at a good location

B4Consultant
B4Consultant
EY6mo

Consult a seasoned financial planner

BeTheBestYouCan
BeTheBestYouCan
Amazon6mo

First put your financial thoughts in order. Why do you want some regular monthly income. If you are earning well, sell the land and invest a bulk of it in equity mutual funds put 20% in safer debt MFs. Remember to take a break and plan some vacations.

Happy to discuss 1-0-1 to if you need a financial plan.

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