In Which You Invest The Most and Why?
Which is your favourite way to Invest your money? and Why? Tell in Comments. Do Like for More Polls
Talking product sense with Ridhi
9 min AI interview5 questions
Index funds:
- NAVI NIFTY50: cheap & big bros, has 50% of my MF portfolio, safer heaven for hard earned money, have some trust issues as Navi is not a bank but a predatory middleman trying to gobble up my contacts
- Edelweiss Nifty midcap 150 momentum 50, cheap and promising companies, is less likely to beat NIFTY50 & less risky than small caps, this is a combo of 50 good companies in the midcap category
- SGB: Go for RBI Gold, lol, have approx 3L, should have more
- direct stocks: 8L invested, holding profits of 3L
- some random sectoral MF: 1-2L, will exit then this year and stick to Indexes
Areas I’m looking forward to invest:
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Smallcap funds: coz they’d give me the highest returns from highest risks, need a good fund and not the cheapest fund
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Flexicap: heard good things about PPFCP
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Aggressive arbitrage fund: making the best out of price volatility, need a good fund and not the cheapest fund tbh
Mistakes I’ve made:
- stock picking makes no sense tbh as I don’t have time for financial analysis & beating the Index, I’m not a financial advisor and I cannot beat index with knowledge from Reddit/YouTube
- instead of doing investment management, better do LC 🥲
- every year I withdraw ₹1L profits and spend it on shit things like iPhones & other random stuff, I’ll keep it invested from now on
- doing SIP is a bloody good idea, I’ll do SIP from the budget date and forget the rest, when markets crash I’ll pump in more money and I’ll stop them when they are overvalued
- avoid sectoral MFs, just do the index
- avoid investing ₹1-5k in shit MFs as lump sum🥲 and invest ₹10-20k as SIP
I resonate with many of your points and I too am struggling to exit MFs and consolidate since few years.
Biggest,biggest returns was time and mental effort rescued from finance planning and soaking up opinions/knowledge. I still do, but very very selectively like Freefincal as my retirement plan is still not on track and I have my doubts on fixed income parts of portfolio.
Only one sectoral MF which is performing too well to prevent pressing that redeem button: Pharma(Nippon).
I had given up on smallcaps after the pre 2018 rally crashed big time. Now back in it, telling myself that I have to ride next waves.
I like factor investing, but the rules are bit unclear and in the hands of the index curator. So sticking to LV30 instead.
Have a balanced advantage in the center of my portfolio now followed by a simple index fund.