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finance with sharan masterclass
He’s not a certified financial advisor 🙅♂️
1) Learn to identify good booming business from a futuristic POV and then try to see if there are stocks in that sector which have a) good growth prospects b) stable cash flow c) able and non corrupt management.
2) Then invest prudently, slowly and steadily in them over a time
Irony is everyone wants to learn Step 1 quickly and almost never wish to follow Step 2
On your question - invest periodically amounts ,which you don't need immediately, in ETFs and FDs for 2-4 years for having some capital gains after 3-5 years.
But for long term need to have vision, conviction and patience in investing (even if you fail/lose money in 40% of such investments, only 20% among the rest are enough to give you huge gains)
Pro tip : Unless you don't have any time to study and invest ,don't go for MFs (most of them will have lower returns than PPF and even Fds@7 per cent interest)
Bowl Leader
Don't you get insider news at credit Suisse? 😂😂
Unfortunately no
5-6 years are not long term in stock market,
One advice , do your research yourself or learn this instead of following someone’s advice blindly
long term is PPF and NPS.
I am in job from last 9 years and can tell you, go make a strong safety net first before taking big risk
1 ) starting mae salary will be less, still make sure you investment in pf plus vpf is 2.5 lakhs ( talking of employee contribution part)
2) undoubtedly put 1.5 lakhs in Ppf and 50 k in nps
This will give u straight away 4.5 lakhs of saving per year and after 10 years when principles amount only will be 45 lakhs , imagine the tax free interest
Just do not wait to enter into 30 percent tax bracket
Before u realise tax will be significant across your carreer in later year
Vpf is part of 80c
Check if your complany allow vpf