I have put lots of my liquid money into P2P lending and get 1k daily from cred mint, mobikwik xtra and 12%.
Reason- My bank pays interest which hardly can beat inflation.
Question - Where should I park my liquid money ?
PS - Markets at high and real estate is bound to crash.
are you sure real estate will crash ? Any lead indicators ? Can you say more about this..
I don’t think real estate will crash. When market reaches such highs, there comes a time when people believe it’s not worth investing at these levels and they look for alternate places to invest. I expect real estate and gold prices to go up because of the same
So here I go.
Top 5% of Indian drive real estate consumption.
After rera n GST, Black money guys in real estate has reduced.
With onset of AI and Developed economy going into technical recession...we can see an impact on Indian job market.
As ai strengthen, more people will be replaceable.
Most of the loan has tenure of 10-20y.
So they will default and a crash.
Google about China and usa housing crisis.
Are you seeing post tax returns ~ 6.3%?
Too much risk!
Will suggest to go for arbitrage funds, comes with equity tax benefits.
Hi folks, Noob here I have surplus money laying around in bank and FDs.
Total ~ 19L Bank: 7L (extra didn't account for amount which I will hold in bank) FDs: 12L( This could be an Emergency fund?)
Next on the list is andama...
thought on p2p lending as a investment like Cred mint, 12 percent club, OkNivesh (okcredit) Grip Invest, India P2P etc.
i do not faced any problems with withdrawal and i used Cred mint and 12 percent club
but scared as might be chan...
Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves.
...
I feel cred is doomed and just trying to increase its value. And the end goal is to sell the cred to someone with h...
Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
What do you guys do w...
