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Most of the managers treat the employees serving NP as their enemy and there are high chances of argument with them. Any thoughts on what worst they can do with employee who is serving NP but have good track record previously.
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Invest min 20% of your income in below section
1 Mutual fund (select any 3)- large- Mid cap, flexi cap, small cap. ELSS
2 NPS - min 50k per year
3 PF - increase PF % from your end (increase 5-10%)
4 PPF or Fixed - Minimum 30-50 K per year
Chief
Increase in index fund, buy one small cap, buy pidilite astral poly,every month, because still total furniture market is only 5 billion usd , and pipe market is 3000 million so still lot of room for growth exist.
So buy shares of those businesses which are not easily replacable and can't be controlled or manipulated by majority shareholders, if promoter is holding more than 70-75% avoid,
Sweet spot is in between 30-50%
Reliance is also a good business can not be replaced by any company, not easy to be manipulated, but you will only see growth spike in 3-6 years,
With pidilite u can grow your money every year by 22% irrespective of fluctuations
Chief
Small caps mutual funds are relatively less riskier, since u have a basket of stocks if any two of them perform good than odds are in your favour, and most of the times you will not loose money, but don't expect exponential returns,
having reasonable expectations is a way for good life,
Don't expect to be rich in a month.
1. 30k index fund (small, mid and large cap)
2. 30k mutual fund (s, m and l)
3. 20k ppf
4. Pf 12%
5. Stocks (large cap to be risk free most of the time)
6. 10k RD (fund to use whenever in need first)
7. Some portions fd.
8. 50k nps /year
9. Must aquire or invest in real state.(For self pleasure)
10. Enjoy with rest
Chief
Join me and 3 Cr Indians on Groww to invest in Stocks and Direct Mutual Funds.
Create your free demat account by using this link here: https://app.groww.in/v3cO/z9hbvogw
Sorry, I really long answer.
DISCLAIMER:
I'm not a registered investment, legal or tax advisor or a broker/dealer. The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances.
NOTE: PLEASE DO YOUR OWN RESEARCH FIRST BEFORE MOVING FORWARD OR CONSULT A CERTIFIED FINANCIAL PLANNER.
The following is a very high-risk high reward strategy:
1. Open a trading account with the F & O facility if you don't have one.
2. Now, the strategy, to minimise the risk try not to go outside NIFTY 50,
3. Select a balanced company with good growth, management and corporate governance. Probably a conglomerate OR defensive such as HUL, ITC, Reliance, Sun pharma, etc.
4. Now, you do SIP of 50K in 5 companies i.e 2.5 lacs. (Major broker gives mandate facility which deducts money from ur bank a/c at a given day and executes the buy orders automatically)
5. Now after 12-15 months you end will a lot of these 5 companies. (A lot is fixed no. Of shares e.g Reliance lot size is 250 shares i.e 6.5 lacs by value)
6. Now after that let's assume you have acquired reliance 250 at an average price of 2600 as of today.
7. Now, write a call option (sell ce option) of a strike price about the given average, this is a hedge or cover trade.
8. Let's sell Dec 22, 2660, CE at Rs.49(LTP). You will get 49*250=12250 net premium in your account.
9. On expiry day, reliance can be trading below 2660 or above 2660. If below then you can sq off call option at Rs. 1-2. Your net profit is 12000 for dec. If it closes above 2660 then you can carry forward ur trade in Jan or sq off both positions let's say the reliance closes at 2750 then you will sq off ur call option at 2750-2660=90-49=41*250= -10250. Now here in the ce option, you will face a loss but your covered position of the cash segment will have a profit of 2750-2600=150*250=37500
Net profit 27500.
If we consider the first case then 12000 on investment of 6.5lacs is 1.8%p. an i.e 22%p.a
Now we haven't yet added the dividend you might receive.
10. If you end up selling your stocks during expiry, you can start the investment cycle once again with a bigger step size of 1 lac instead of 50K as you would have profits as well as your income.
11. You can read more on this strategy online, search covered call https://www.investopedia.com/terms/c/coveredcall.asp
P.S
1. The only downside is if the market moves significantly to the other side let's assume a recession happens then some of the companies may get affected and you may end with 30-40% unrealised losses. That's why you can choose defensive to reduce some risk there. The above risk anyways will always be present in the market or any investment.
2. But on the upside, you might get a 1-2% fixed return per month as well as get to keep your stock for a long time until this 6.5 lacs one lot may end up at valuation of 11 lacs in 5 yr I.e 11% cagr. Let's assume you get an average nominal gain of Rs.10K/pm i.e 1.2 lac PA. 6 lacs in 5yr from selling a call option. Then as well 11+6=17lacs in 5yrs that's a whopping 22 pa cagr.
Chief
🤝🤝Invest in a basket of below stocks for 1.5lakh / month :-
Reliance Industries
ICICI bank
Axis bank
Infosys
TCS
Apollo Hospitals
Adani Transmission
Adani Green Energy
Hindustan Unilever
Asian Paints
Nestle India
Sun Pharmaceutical
Airtel
Ultratech cement
Now, you've already done sip of 30k / month to small cap index mf.
(1) Invest in a good term insurance, take atleast 1cr as the cover amount and hence pay respective premiums.
(2) Invest in NPS corp sector model of 30k /month
(3) Invest in PPF for 50k / month.
Chief
Join me and 3 Cr Indians on Groww to invest in Stocks and Direct Mutual Funds.
Create your free demat account by using this link here: https://app.groww.in/v3cO/z9hbvogw
Chief
Rest do your due diligence don't run after fancy names if you can't do research.
Just have trusted namesin your kitty
.
Chief
What's your salary,
First get your emergency fund right( atleast 6months of your salary )
Tech stack and yeo
2.5L monthly??? What's your CTC??
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