FYI : I currently only invest in mutual funds
Going by that other guy on Grapevine, first check if your significant affair is having an affair 💀💀
You made this money in India, Or you went to the US for some time, and made this money there???
India only
Dude your age?
Congrats,
All 5 cr in MF only?
What about other places?
What's your xirr roughly?
And what's the breakup in large, mid and small cap?
TIA
Mostly MF , i have recently started some PMS as well
What’s PMS ?
Dude, congrats first of all, and next question - any breakup of how you've reached 5cr by 26? That's super duper young ngl
Buy some real estate if you haven't, take a smaller duration loan and get something in tier 2/3 cities that are growing fast. 1-2 Cr max. Can grow crops and trees there for income (if you get land, not flat/house).
Get some gold, silver and crypto for long term holding. 50L-1Cr here. Only buy crypto if you can self custody in a hardware wallet. Don't buy crypto if you don't know how to store it safely. Can buy metals in physical form or get exposure through trading ETFs digitally.
Lastly, get USA stocks. Nasdaq spx give decent exposure. You should ideally have sensex Nifty and banknifty as well by now.
Fastest way to grow money is by putting it to use in a business. If you can start one, go for it. If not, invest in other businesses. Have a budget of 50L-1Cr.
How to invest in US market? Any broker from India who allows that other than indexes?
@Iitachi work on proper asset allocation model to maintain a good risk adjusted return on your portfolio. A good mix of equity, debt and gold and some alternate assets should be a good way to grow consistently
This is not the place where you can rarely find people with a salaried mindset. Whatever answer you get here would be within this matrix. Ask this to those people who don't work for money and make money work for them.
True , i actually realised this after posting.. but unfortunately I don't have many friends doing business
Hi folks, I have recently started investing after repeatedly being told to not hoard my money in savings, wanted to know how/how much other people invest. Current portfolio: Equity: 2.5 L ( banking, fmcg, ETFs) Mutual Funds: 1.1 L ( Nav...
What are your net worth targets and goals by age? Here's mine:
25: 10L ✅ 30: 50L ✅ 35: 1.5 Cr 🟡 40: 3 Cr 🟡
Goal: 25: 2L ❌ 30: 30L ✅ 35: 50L 🟡 (had a baby) 40: 1 Cr 🟡
A win in its own sense. I invest in mutual fund as well which is worth 27L but this is direct equity portfolio. AMA
How do you embrace volatility? A 10% down move is 20L loss. Does it sadden you, make you wish to take any actions? S...
So, i earn 1 lakh 19 thousand after tax. I'm fairly begineer in mutual fund. I understand different types of mutual fund debt, equity but i don't how to do benchmark
I want to reach 1 cr in 20-30 years. I already started 13,000 SIP. I a...
