SleepyUnicorn

Microsoft

Finance advice in current worl d situation

Have 10L to invest. Best place right now to invest?

1mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

GroovyHamster

Groww1mo

SleepyBurrito

Stealth1mo

You work at a company involved in mutual funds, and you're recommending FDs?

ZestyBoba

Microsoft1mo

Maybe that is the reason why he is recommending FD 😅

SnoozyPotato

AT&T1mo

Put it in my account. I’ll offer the same interest rate as a normal savings account, but I’ll provide complimentary positive Good morning/Good evening messages on Whatsapp. /s

JazzyUnicorn

HCL1mo

Haha.. i guess that's something missing in everyone's life.. you are solving a real problem here.. great work.. /s

WobblyNarwhal

Yahoo1mo

I am depositing 100 rs to you rn,

SquishyDonut

Bosch1mo

Move everything into a Debt fund and swp into strong hybrid equity funds over several months.

SleepyUnicorn

Microsoft1mo

Any suggestions for the debt and hybrid funds?

SquishyDonut

Bosch1mo

Work with a financial consultant. Really wouldn't want to advise incorrectly

JazzyKoala

Upgrad1mo

Heard Luxmi chit fund has recently opened again. Good place to invest. They guarantee 100% returns in 21 days.

FluffyJellybean

TCS1mo

Village land

JumpyPickle

Cisco1mo

Where do you get land for 10L

SillyPenguin

Salesforce1mo

Does your corporate offer espp? If yes, utilise it. Best place to invest for guaranteed profit

JazzyPotato

Microsoft1mo

While I see the benefit of discounts on espp, I wanted to know how ok is it because we end up having more of 1 stock than a diverse set of stocks. Is that concentration ok? Would love to know your opinion

WobblyPretzel

Oracle1mo

Microsoft does allow fractional shares. I was part of MSFT till a couple of months back and still hold a significant amount of RSU+ESPP shares growing at an insane rate. From my personal experience, Investing and staying invested in ESPP is definitely fruitful when it's one of the top performing listed in stock of its sector. If the stock and company's future isn't promising enough, it makes sense to sell the ESPP shares as soon as they vest. There are things to be kept in mind while selling RSU/ESPP like the total cost of charges/taxes while selling should not supersede the discount on the market price at which you get the shares.

GoofyUnicorn

Microsoft1mo

Liquid funds

ZoomyKoala

Walmart1mo

Plus one agree with @Akkibaba8300

SwirlyJellybean

Wipro1mo

Wait for Jio black rock mutual fund. Something bigger is gonna to happen

JumpyBurrito

British Telecom1mo

At first they'll try to cover index funds link nifty50, small cap and Midcap with less expense ratio.

MagicalLlama

BlackRock1mo

Ehh?

DerpyMuffin

Accenture1mo

When there is chaos equities are the best.. by the you didn't mentioned your duration is it short or long term.. let me clearify it.. my definition of short term is 7 years or less long term 7 years or more.. .. so if long term invest all in equity.. direct nifty 50.. for other more details can dm..me.. if short term then 5 lakhs in equity and 5 lakhs in gold.

Ps. Why for me long term is 7 years plus because if you analyse previous mutual fund returns and take any duration of 7 years.. chances of getting a loss is 0.01%. Calculated risks are better.. if things go well then you will end up making more than any asset classes