Do share the portfolio size as well.
I’ll go first-
Take home per month- 1.75L (changed to 2.1 right now, but I’ll talk about previous one)
SIP- 70k Stocks- ~30k if you average on a quarterly basis (smallcase) Percentage- 57% Portfolio- 33.5L
Curious to see how others invest.
Apologies if there is an existing thread about this
I trade actively and i bring 80-90% of my salary into my trading account each month.
What's your monthly return and what is your advice to someone who would like to do trading along with full time job
My advice would be -
Dont think of monthly return, it will create a psychological blockage for you. Think of compounding your money year on year basis. Bring only that money in the market that you don't need this way you don't have to worry about monthly return.
Stay away from futures and options for the initial 3-5 years no matter how many profit screenshots you see on sm. If any one claims that you can double up your money in options in a year or this strategy works 90% 100% stay the f away from such people. They are nothing but scammers. OI, this strategy , that hedging all of these is nonsense. stay away.
Stick to equities, don't go below daily TF, use daily and weekly time frames in combination. As you gain experience you can trade hourly TF as well.
It is very much possible to trade with your job, you can definitely do it and create massive wealth out of the market. Don't listen to anybody and keep following the process.
I can suggest some books to you just to get started, if you are interested.
What do you do for work?
I’m a Product Manager at Jio
Too naive but network kharab aata hai mere area me. Kuch kar sakte ho kya boss?
I invest 95% of my salary. The majority of it is in mutual funds, but I keep aside a small amount for swing trading. Any gains from trading are used for my hobbies :) or reinvested.
Can you share you’re able to have your percentage that high?
It's quite simple really. I have a decent base salary to begin with. I also live with my parents so no food and rent expenses. Big fan of public transport so no fuel and maintenance charges either. Any other expenses get covered in that 5%.
Since I have friends that are in a tight spot moneywise, vacations/trips are tightly budgeted for, so no unnecessary spending on that front . My hobbies - gaming and baking - are cheap too.
I anticipate this changing when I get older though, so I'm saving as much as I can when I can.
@TheSourPM What’s the total yoe
