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A friend of mine asked me for some financial advice. He has an sip of almost 6k and he wants to invest 4k on a monthly basis in stock market. I have been in the market for almost a year but I felt 4k on a monthly basis does not make any sense. Any th

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Gautam Mehta

Hey I am on Medial • 1y

I agree with you here. It's not about discouraging anyone. My point was is it worth investing directly in equities. My suggestion to him was raise his sip amount from 6k to 10k so that he doesn't have to keep a track of his portfolio on a daily or weekly basis. Since he has no idea about investments and finance.

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