🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Anonymous

Stealth • 6m

Hey everyone I just joined TCS, at 4 LPA and i wanted to ask about investing and finances. My in-hand salary is around 30k and i want to know how much should i invest or save and where should i do it? It would be great if you guys could help me Fi

Gururaj Bhat

Stealth • 6m

Many people are saying that you should invest on yourself and think of investing after achieving some next level. Well, that's not going to happen if you are not disciplined. So build the discipline of investing at the early age and you will live with a abundance in your entire career. Earlier you start your investments is better for you. I am a financial advisor and here are my suggestion to new employees. 1. Ensure to take health insurance to your parents if they do not have one already. Never ever ever ignite this and regret paying hospital bill from your savings 2. You are now the bread winner of your family. They have the expectations from your parents. Ensure to cover your life with term insurance that gives a good lump amount to your dependents in case of any unfortunate event to your life. 3. Now that you covered your risks, written on building your wealth. Mutual funds are the best long term investments where you don't have to worry about where and how to invest.

2 replies

Replies (2)

Anonymous

Stealth • 6m

Thank you bro for writing this will surely reach out

0 replies

Gururaj Bhat

Stealth • 6m

Continued... In the mutual fund investments, ensure to properly diversify your investments in not more than 4-5 funds. Your find allocation should carry one part of multi asset fund which can work as a hedge during market volatility, one part of large cap funds that works as a backbone of your investments one part of mid cap and small cap funds that work to get better returns to your portfolio.

1 replies

Recommendations from Medial

vishal Kumar

Stealth • 3m

Just out of curiosity, Is there any super app which is simple yet gives u a dashboard for everything such as your CIBIL, FAMILY HEALTH INSU, TERM INSURANCE, VEHICLE INSURANCE, YOUR TERM DEPOSITS INFO ETC...and Gives you a combined score in term of ho

6 replies6 likes

Hamilton

Stealth • 14d

Do you share your Investment, Property, Insurance policy, Crypto Holding, any other digital investment and loans with your family? with wife, parents, childrens etc? I came to know today that my father wrote details of all the Bank FD's, Insurance P

1 replies3 likes

Anonymous

Stealth • 6m

How innocent are your parents

2 replies1 like

OMPRAKASH SINGH

Stealth • 12d

Ways to Multiply Money 🤯 Investments: 1. Investing in the Stock Market: You can multiply your money by investing in the stock market, but it involves risks. 2. Mutual Funds: By investing in mutual funds, you can diversify your money into differen

10 replies21 likes

Tushar Aher Patil

Stealth • 1m

Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme

0 replies4 likes

Anonymous

Stealth • 1m

The day when you realise "Ur parents are the biggest enemy of your dreams" agree???

6 replies6 likes

Sajin
•

Foundation • 3m

Are we investing in the wrong direction? Should the Indian Government support or invest in Industry 4.0 fields like Hardtech, AI, Biotech, Robotics, etc? These fields drives innovation globally and builds a high skilled workforce Investing in th

14 replies8 likes

Hawk
•

Medial • 5m

Finance Influencers- Courses - 101 - Live on rent - Invest in small cap (high risk) - Invest in Nifty50 to beat the inflation - Don't invest in FD - Have an Emergency Fund - Have a Term Insurance and Health insurance - Keep your parents policy separ

2 replies9 likes

Abubakkar Ahamed
•

Flipkart • 16d

[This post has been deleted by the creator]

2 replies3 likes

Anonymous

Stealth • 5m

If you or your parents are living in City and have your farming land in village. How do you manage it. If you have given it to someone else, how satisfied are you from their work?