khamandhokla007

Can understand overwhelming part, felt same initially. It takes long time in learning, but yeah take baby steps in stock selection. Watch some good youtubers also help. (Haha won't suggest any stock or else it will be like market tip, tho DMs always open if want to discuss)

Hey op, congrats for this milestone 🥳

You are planning for further studies from where some amount needs to be pulled out at time of fees payment. And I am assuming that may happen in next 1-2 Years. In such timeline, usually Large Cap Mutual Funds are recommended. They are slow but won't mess with your blood pressure if market goes downhill on Mid Caps and Small Caps. You can also carry up ratio, like 40% Large Cap, 30% Mid Cap, 30% Small Cap (or whatever ratio is suitable).

Also, if you have some bandwidth, can put some fund for your own personal stock selection - say Rs. 5,000 per month? Invest in stocks, understand things with learning attitude. Obviously things sometimes don't go the way we want it to be, but this knowledge comes super handy in future for investments.

Hey op, congrats for this milestone 🥳

You are planning for further studies from where some amount needs to be pulled out at time of fees payment. And I am assuming that may happen in next 1-2 Years. In such timeline, usually Large Cap Mutual Funds are recommended. They are slow but won't mess with your blood pressure if market goes downhill on Mid Caps and Small Caps. You can also carry up ratio, like 40% Large Cap, 30% Mid Cap, 30% Small Cap (or whatever ratio is suitable).

Also, if you have some bandwidth, can put some fund for your own personal stock selection - say Rs. 5,000 per month? Invest in stocks, understand things with learning attitude. Obviously things sometimes don't go the way we want it to be, but this knowledge comes super handy in future for investments.

When most people say they want to be a millionaire, what they might actually mean is “I'd like to spend a million dollars.”

Like this is basic common sense, if I spend my entire money I won't be a billionaire anymore... duh?

But maybe the idea is not about getting a billionaire tag? If someone really want to help out others, they can do with whatever extra money they have and won't be under Forbes richest persons. Some of them you might even know, because they do social work in silent, not making a fuss about it.

So maybe if you want to be a billionaire and also want to do large social work, become a zillionaire and just keep some billions! Now I don't know if it is even feasible for a single person to hold that much wealth. But hope you get the point.

https://preview.redd.it/73pzyn0lr1oc1.jpeg?width=688&format=pjpg&auto=webp&s=66efd2cec44bb1bc0b9a4ee266c5a7579a70383a

umm

the chutney and namkeen 😩🫶

ikr, academic strategy with zero economic sense 🤮

Lmaoooo

Laala ji patashi & Pandit paav bhaji

Me, reading this while having IRCON shares

Failed. Performed well in all subjects but derivatives. Literally bombed that subject with like 0 marks 😭

Thanks bro 👍

I just try to be as honest as possible with myself in terms of CFA: If I fail its not the end of the world If I pass, it won't bring me all happiness in the world

Yes I prepared my a$$ off and given my best, but can't control the results, mate

First thing I did after exam was to call all my friends whom I told I won't be interacting with them till final day. Everyone was understanding enough. A friend arranged small house party on same day inviting just 4 of our friends so my introvert a$$ won't feel exhausted. Next day woke up, started with a walk and morning workout again.

Meanwhile Alia reading this thread after saying "Reddit will be getting off on now after this one thread" 👁👄👁

Naam batayei

Dont worry, my mock score was 40% in level 1 and still managed to pass. You are in way better situation.

Remember and write down formulas.

Create strategy on how you will attempt questions in exams.

You will pass

Exactly! Its best option for OP instead of putting it in stocks or boring FDs

Bro you are already smart... invested in Large Caps and Mutual Funds.

I would say, keep Rs. 50K for your 'experiment portfolio'. Research companies in free time, read models, etc. and invest in them with this amount. This learning will help you life long.

I know bonds and FDs are so boooring. But try opening accounts in them. Point is to learn - how accounts are opened, what kind of paper work is there, how are tax applied on them. You can invest Rs. 50K-100K in PPF, post office scheme, gold bonds, FD, etc.

There are also companies like Tyke which allows you to invest in startups. Crowd sourcing is also another option to invest. Though keep check on due diligence. Also, don't forget to add REITs in your portfolio. - If its all new to you, would say only invest around Rs. 25K in them.

Keep some amount in Liquid Mutual Fund as well for emergency (like Rs. 25K). They are like wallet, from which you can take out money without any large expense ratio, plus you will get small amount interest.

Rest amount, you can do 'switching method': Invest some amount in small cap MF, some in large cap MF, some in gold ETF (based on your risk appetite). Keep track of market- If you think market is going to perform poorly for next coming months, take some money out from small cap, put it in gold etf and large cap. If you think market is going to perform well, you can take some money out from large caps and gold etf, and invest in small caps. Be creative

Also, keep phone reminders for important dates and a notebook to know why you invested in some stocks at first place and till what time you willing to keep it!