PeppyCupcake
PeppyCupcake
30mo

Where to invest in Indian stocks ?

Really confused on where to invest in stocks. Finance enthusiast help me out guys considering the Indian market where should we invest for high returns.

30mo ago
BouncyPancake
BouncyPancake

If you're new stick to index funds.

Max out 80C options like ppf/elss if you're in a higher tax bracket

BubblyDonut
BubblyDonut

Sadly theyโ€™re gonna rubbish the Old Tax Scheme soon

PeppyCupcake
PeppyCupcake
30mo

I was talking more about investing in share market.

SwirlyTaco
SwirlyTaco

Invest to manage risk to your money, not for returns. Invest to meet goals, not for returns.

Low risk = Government bonds. High risk = Penny stocks.

If you are a noob, invest in a single index fund and don't keep tinkering with it. Continue frequent investments & let the fund be for 15+ years for you start seeing massive compounding kick in.

Balance equity with debt exposure - gold + epf + ppf.

Thats enough for a majority of people to build a massive networth.

PeppyCupcake
PeppyCupcake
30mo

Penny stocks are mostly manipulated. But do you have nah in mind ?

SwirlyTaco
SwirlyTaco

It's just an example of the two available risk extremes.

JazzyBoba
JazzyBoba
30mo

My friends and I plan to pool money to subscribe to an advisory service. Let me know if you are interested

TwirlyMuffin
TwirlyMuffin
30mo

hey let's talk more - here's my mail - postmanpolice1@gmail.com

JazzyBoba
JazzyBoba
30mo

I just sent an email to you

WobblySushi
WobblySushi
30mo

I have been following an app called Waya and have found reasonable success. Might give it a try.

TwirlyMuffin
TwirlyMuffin
30mo

let's talk, here's my mail - postmanpolice1@gmail.com

PeppyCupcake
PeppyCupcake
30mo

Sure will mail you.

FuzzyNoodle
FuzzyNoodle

Defense
Alcohol
Microfinance

PeppyCupcake
PeppyCupcake
30mo

Any particular reason ? Like did you do any analysis ?

DizzyPancake
DizzyPancake

There's a lack of undervalued stocks in the market currently. Personally, I'd go with bluechip private banks (HDFC, ICICI, etc.) and some PSBs

CosmicNoodle
CosmicNoodle

Just find a good smallcase and buy. No point trying to beat folks who do this full time.

MagicalDonut
MagicalDonut

Invest in Federal Bank and forget for 10 years, your future self will thank me ๐Ÿ˜‡

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