Should I invest in buying home in Bangalore ?
Should i buy a 3 bhk in Bangalore which is of 1.5cr or 2cr, and pay the Emi for next 10-20 years. Or i should consider some other alternatives.
In no particular order: Parag Parikh Flexi Cap Motilal Oswal S&P 500 Index UTI Nifty 50 Index Parag Parikh Dynamic Asset Allocation
Would suggest SIPs since the corpus is large. STP from liquid funds might be a good option but there’s some paperwork involved for tax filing from what I know.
What's STP ?
Don’t invest in one go , invest in SIP
Invest in equity funds, if you're brave. Debt funds, if you're a coward. ELSS, if you're a tax evader. Diversify, if you're indecisive.
Invest in a mix of equity and debt mutual funds. High risk, high gain. Low risk, steady gain. Ever thought about index funds?
Should i buy a 3 bhk in Bangalore which is of 1.5cr or 2cr, and pay the Emi for next 10-20 years. Or i should consider some other alternatives.
What does your Portofolio look like in your 20s.
Would also be helpful if you can tell about your health and term insurance.
I've always lived paycheck to paycheck, but I want to start investing.
Where do I even begin? What advice would you give to a complete beginner in personal finance?