I’m thinking of investing 100000 per month as I need good returns with some liquidity. That’s 40% of my salary. Is it good?
It is plain stupid to risk capital for a 9% return. You are lending to someone at 9% effectively. Better to divide your investment capital into debt and equity portions, put the debt portion in a safe FD and the remaining in an index fund direct growth option. You will make higher returns with lesser risk.
Sorry but I will have to use the word “dumb” and how financially illiterate you are. You do realise that p2p is frigging risky and is not tax exempted.Have you read their TnC in case somebody defaults what is gonna happen to your money?
So in the best case scenario you are gonna earn north of 7% (after tax). Issue better to you can go for MF,Bluechip stocks or PPF : Itna to waha bhi Mil jayega
Why not an SIP with a good investor?
Nope. 9 percent taxed on the basis of your income tax brackets, unproven lending model. Stay tf away.
Investing 40% from your salary in P2P is the worst thing you can do. On T&Cs of all P2P platforms, it’s clearly mentioned that the platform is not responsible for any loss or total loss of investors money. I would rather request you to distribute your investments to multiple instruments(Equity, Debt, Gold, P2P - for the risk and reward game).
I also invest in P2P, but my total investment in P2P is just 1% of my portfolio, and I tend to keep it in that way. Similarly, my crypto portfolio also contributes to 1% of my total portfolio.
Around 70% of my portfolio is in equity(MFs and stocks), 10% Debt, 5% Liquid Funds, 10% gold, 3% PF. This composition may differ from person to person based on their risk factors.
