Personal Finance18mo
by DerpyPenguinAnalytics Manager
What are some of the best Investments someone can do with Approx Rs 5L
I am going to withdraw my PF as it has been lying idle since 2019. Looking to invest it for Kids aged 5 and 2
JumpyMochi
What to do with 5-10L of liquid cash?
Looking for inspirations Emergency fund -> sorted Investments-> in full progress Ps5 pro won't launch in India
3mo ago
BouncyDumpling
Microsoft3mo
Get a private plane pilot license. Would cost you around 6 lac.
GigglyDonut
Stealth3mo
Do you have one? Where would one even use this
BouncyDumpling
Microsoft3mo
I always want to have and did some research about it. I don't have it yet.
If you have one, you can easily get small planes on rent and fly whenever you want. Little expensive but I think it's one of the best experience.
FluffyCupcake
Amazon3mo
Add a life skill - sport, hobby or anything you like Plan a travel which u always wanted to do
Time won’t repeat and when you are feeling satisfied for other areas of life, spend something on yourself.
BouncyTaco
Stealth3mo
You can try to catch Christmas in Europe. They have fancy Christmas markets and decor and celebrations. Could be nice
MagicalBiscuit
Lucidity3mo
I spend a lot of my income towards my hobby - powerlifting. It's Damn fun, you get to look good, lift heavy weights, and get admired by everyone at the gym when you deadlift 250 kgs XD (my money goes towards my diet, equipment, and a couple of gym memberships across the country) In all seriousness, find something that you're passionate about.
ZippyMochi
Stealth3mo
Damn , 250kg is a dream. I'm still at 50 or so 😂
ZippyMochi
Stealth3mo
My uncle's pet name is also Bantu :D
If you're single, I'd suggest investing in yourself to attract potential partners. Get good clothes, a vehicle, gym membership, learn skills or languages etc.
If you don't travel solo that might be a good start too. Solo vacations seem intimidating at first but the freedom you have to do what you like is worth it. Start small, maybe a 2-3 day trip somewhere nearby/in India.
SleepyPickle
Stealth3mo
Make it into 2L chunks and learn trading as a skill by blowing each of the chunks. It's a lifelong skill and no one can teach it except by blowing small accounts.
CosmicUnicorn
Tata Steel3mo
Not a single suggestion for buying a car or jewellery.... janta yahan kaafi zyada progressive hai
MagicalDonut
Wipro3mo
Imagine having 5-10 lacs disposable cash and still not having a car. Lol Jewellery and all is to 90s.
CosmicUnicorn
Tata Steel3mo
In case u didn't know, U are allowed to have more than 1 car.
Also, in case u didn't know, women in 2024 are still very much into jewellery. Check with ur wife/mom in case u have a doubt.
BubblyUnicorn
Stealth3mo
- Get a Sim racing setup
- Get a Adv bike (650 cc bikes) and go for a long trips in India (I am happy to join)
- If you are into music then get good HiFi Sound system like Polk Audio, Klipsch, KRK. Or get good gears if you are a musician.
JumpyMochi
PhonePe3mo
- Have played racing games in the past. But nowadays, racing games seem boring with nothing much to do apart from continuously driving around
- Don't have much inclinations towards going on long trips on bike.
- 😂😂😂 Macbook speakers/ jbl flip zindabaad. I couldn't justify buying an airpods or a sony xm5, ended up buying a Rs500 cheap wired earphones, since I rarely use the earphones and rely on mac speakers generally.
BubblyUnicorn
Stealth3mo
Damn! Seems like you are lost in the sea of options.
Do you like playing sports?
FluffySushi
Deloitte3mo
Give to someone needy. Help with education/bear a poor person's marriage expense/feed hungry people/help someone with medical expense. Since you already have things sorted you can definitely help some underdogs. Their blessings can reap you much more than that.
SqueakyNoodle
Stealth3mo
Afaik, he would be already paying 30% of his salary as taxes. Now this is equalent to donation as he is not getting anything in return in India.
GigglyDonut
Stealth3mo
Apple Vision Pro Travel solo Invest in fitness - not an immediate spend but you’ll see it becomes an expensive lifestyle in the food/protein alone
JumpyMochi
PhonePe3mo
Apple vision pro - will buy once the product becomes stable How food will become expensive? Please elaborate
GigglyDonut
Stealth3mo
Among the three food groups, protein is the most expensive per gram be it from chicken or protein powders or other sources. And once you get serious about building muscle, daily protein intake becomes a goal which is a higher expense vs current average Indian diet
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Curated from across
by BouncyDonutFounder
Equity Portfolio touched 2Cr this Friday!
A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA
Top comment
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by CosmicWalrusProduct Manager
Where to invest 10L?
I have 10L in my account that I want to invest lumpsum. Flexible to invest into different instruments. Ideally want some 3-4L to be liquid. What are the best options to invest?
by WigglyLlamaPhonePe
I have about 30L cash to invest. Consider me noob, which I am and help me with exact investment ideas along with names of funds and stocks
Already have emergency funds sorted