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 with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it
Park in cred mint or mobikwik xtra
50% in mf and 30 % in above
I invest in Mutual funds around 80% of my salary, rest expenses have been doing this since 2015
You can try smallcases. They are somewhat the best of stocks and MFs.
Personally I find smallcases easy to understand while investing in aggressive strategies in comparison to MFs.
You just need to find 2 smallcases or MFs. One that's highly volatile or aggressive, like smallcap funds or smallcap smallcases. And 2nd can be nifty or index linked fund, something like equity and gold smallcase or all weather investing smallcase or niftybees etf.
Split your investment amount in 30-70% or whatever you can afford as per your appetite.
In which smallcase have you invested and what is the xirr you are getting? Also since when you have invested?
4 smallcases by windmill capital
Mutual Fund SIP, just choose 3 good MFs and configure an auto-deduct SIP with your Bank Account.
Already investing in ELSS but need something adventurous like investment in stocks. The issue is I barely get any time during week days for investment and research and on the weekend stock market is closed 😔
You don't need stock market to be open to understand companies in the end it's all about understanding the business
It's been close to a year since I am earning a salary and this is what I do:
Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...
If possible pls share a rough idea / figure of your expenses section wise..
Will be helpful for planning
