ZippyPancake

Can somebody review my portfolio

Hi all, I am 27y,M currently unmarried residing in Bangalore. Can somebody help me review my portfolio ?

Out of the IND stocks, 15L were invested by my father which has grown to 22L currently. Rest are what I have invested after working for around 4 yrs. My current salary is 1.6L per month I try to invest 40k per month in MFs, 6k in RDs, a lumpsum of around 10k every alternate month in Indian equity and around 50k annually in US markets.

My expenses vary from 70k-90k per month including travelling to my hometown and a short trip every alternate month.

What should be my strategy if I want to grow my wealth to 5-7cr in the next 15 yrs I plan to get married in the next 2 yrs to my current gf who currently draws 1L per month currently. I am unaware of her investments

7mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

SillyPenguin

TCS7mo

Bro whatever you do remember this ...your money is your money + her money but her money is not your money.

ZippyPancake

Swiggy7mo

Understood brother

SquishyKoala

Amazon7mo

I so want to block you right now, I’m 25 and nowhere near you, if this much amount you’ve, why can’t you hire a professional for 5-10k rather than take advice from strangers.I wish you all the success and growth, but don’t jinx your success by displaying this on public platforms.

ZippyPancake

Swiggy7mo

Noted

JumpyPretzel

Accenture7mo

The professionals motives might not always be trusted. Maybe learn from the professionals by doing a course or something but I would not recommend hiring a manager to do your investments. It's huge black box, you wouldn't know what goes on inside.

GoofyCupcake

Microsoft7mo

Nice. Wish I knew about investing seriously when I was your age. I actually started at that age.

70-90k is a bit too much. I was <50k at that time. But I didn't travel to home frequently.
Keep a lumpsum amount of 10-20L in flexi FD for emergencies. Skip the RD.
US is strictly for long term. Booking profits is costly affair.
Try to keep MFs equity heavy, you can handle the risk at this age.

ZippyPancake

Swiggy7mo

Thanks, major contributor in expenses are rent and utilities which go up to approx 30k

SquishyTaco

InMobi7mo

Gold?

ZippyPancake

Swiggy7mo

Nothing in gold

SquishyTaco

InMobi7mo

Add gold (Physical or Digital) and do some more diversification.

FloatingSushi

Deloitte7mo

What app is this?

ZestyQuokka

Stealth7mo

IND money

WobblyTaco

Infosys7mo

Health insurance missing
No cash set aside for any emergencies (6 -12 months worth of expenses)

ZippyMochi

Stealth7mo

Expenses are a little high imo. Might want to cut them somehow.

Try to have as many assets in your parents' name as possible so wife can't claim it in divorce.

Buy some gold.

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Please review my portfolio.

Salary: 54K YOE: 1 Invest: 17K per Month

Emergency Fund: 1L (In Savings Account) MF + NIFTY + Gold: 1.85L EPF: 72K

Total NW: 3.57L

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