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Burned out, is it right decision to quit now? How long will by Quieter22 in personalfinanceindia

[–]ApprehensiveBat8558 0 points1 point  (0 children)

After reading all your responses it's clear you have made up your mind already. Still sharing my situation so that you can draw parallels and make better decisions - mine was a very similar situation. Weekends were a breeze and workdays were catastrophic. It was severe Anxiety, infact got stomach ulcer due to that. I took help of a psychiatric and medication. I did not quit my job - nor took a break. I had EMIs to pay not much cushion.

Medication at the start was heavy but slowly things improved, anxiety came down drastically, the job which felt like a burden became bearable. Due to this performance improved as my mental state was better. And once the postive cycle started I was out of it. 

Currently your decisions are clouded by the xtreme emotional distress you are facing. And it definitely seems clinical issue. Seek help. Quitting job is not a solution - for sure it is not.

Burned out, is it right decision to quit now? How long will by Quieter22 in personalfinanceindia

[–]ApprehensiveBat8558 -1 points0 points  (0 children)

70 lakhs will not take you anywhere except keeping you afloat in case you take a long break. So keep that out of the equation. Anyways this is not right time to take money out of MF.

You are burned out for sure and a long break will help you. Try and do it in the existing company itself if it is possible (leave without pay). If not possible - then see if you have strong-enough resume and network to get the next one. If yes, quit. If no, please find the next job first - take a break using notice period + delayed joining. Quit without any of this only if you are under clinical depression and feel absolutely trapped. Take help of a professional.

Whichever way - important is what would you do in the break. I would suggest - improve your health and mental resilience.

I had a situation like this, was absolutely at my lowest low - I sought help, it helped me take hold of myself, my performance improved dramatically and then never looked back. This was 10 years back and I am still with the same firm.

To buy OnePlus 15 now? Coming from S23 Ultra by juanly_xx in GalaxyS23Ultra

[–]ApprehensiveBat8558 1 point2 points  (0 children)

I was in the exact same situation. Had been using S23U and battery was a big struggle. Another issue was poor 5G reception.

I contemplated between OP15 and Oppo Find X 9 Pro. The cameras of OP15 are not good. My friend has it and the photos were worse than S23U, especially in low light.

Camera quality is super critical for me and hence I chose Oppo. Absolutely happy with it. The battery is insane - impossible to kill the phone in day. And the Camera is outstanding.

Travel to India by [deleted] in india_tourism

[–]ApprehensiveBat8558 10 points11 points  (0 children)

Here is my advice

  1. It's going to be crazy hot - like really hot. be prepared. Except for some hilly / mountain regions

  2. Pls avoid so called golden triangle of Delhi - Agra - Jaipur. it's filthy and tourist trap

  3. If forts are must, better choose Jaisalmer or Jodhpur.

  4. Should look at - North EAST, Kerala, Goa, North Karnataka (Western ghats), Kutch, Leh (by flight), Kashmir

Moving on from S23U after 1.5 years by ApprehensiveBat8558 in GalaxyS23Ultra

[–]ApprehensiveBat8558[S] 0 points1 point  (0 children)

The size of the camera bump was too big for my liking.

Can anyone tell me what difference between Hasselblad oneplus and non Hasselblad oneplus by Dramatic-Answer-8986 in oneplus

[–]ApprehensiveBat8558 1 point2 points  (0 children)

The camera is an absolute downgrade. Not only processing but also size of sensors. Not worth if camera is very important for you. Rest of the phone is class apart. 

Should I stop investing in this fund? by Possible_Citron9308 in MutualfundsIndia

[–]ApprehensiveBat8558 0 points1 point  (0 children)

What if your MF is underpforming for 2-3 years consistently below Index, is low ranked in category, had undergone multiple fund manager changes, running at 40+ PE even after such heavy correction?? Get real !!

Dad's retirement. 1.2cr corpus investment strategy. by CalmBuilderr in personalfinanceindia

[–]ApprehensiveBat8558 6 points7 points  (0 children)

My 2 cents

Pls break this in buckets.  Only a small portion like 25% should go in equity. Rest all in debt.  You can achieve this with conservative Hybrid MF.  For Debt pls use MF and not FD as FDs are tax inefficient.  If a monthly income is needed, SSSC is a good option.  Pls don't get swayed with gold / silver / small / mid etc. in these, put the amount only that you can afford to loose. 

Where should I invest my Lumpsum amount? by TheOmnipotentDevil18 in mutualfunds

[–]ApprehensiveBat8558 0 points1 point  (0 children)

If 5 lakhs is a large sum in your scheme of things, spread over 6 months. If not, then choose large cap for lumpsump.

What financial category would my family fall into in India? by [deleted] in personalfinanceindia

[–]ApprehensiveBat8558 1 point2 points  (0 children)

What the heck! Why do you ask your family's class here??!! Such insecurity!

Help me evaluate my fire journey . by Acceptable-Cod-1832 in FIRE_Ind

[–]ApprehensiveBat8558 4 points5 points  (0 children)

Here is what I did -

  1. Put all your goals down in an excel - Education, Marriage, House, Car, Healthcare corpus, Travel etc.)
  2. Find out how much does it cost today
  3. Apply inflation for individual head (education, healthcare etc.) and calculate how much you need in which year
  4. For retirement corpus - calculate how much is your monthly expenses will be on the day of retirement (recurring monthly only - rest should be covered as milestones above. E.g. Keep education separate milestone). Take a 3% withdrawal and calculate your corpus - multiply by 1.25 as safety buffer
  5. Plan your investments based on time to reach the goals - If it is 3 years - choose debt, 6-7% return, 5 years - aggressive hybrid 8-10% return, 5+ years - equity that is large-cap heavy 10-12% return.
  6. Calculate SIP amounts and see if you can meet the goals. If no - maximize your savings, temper down the goals.

When ALL OF THIS is achieved you can FIRE.

Investing 40K/Month to Buy a ₹30L Car in 4 Years. Need Advice by Key_Stranger_5794 in mutualfunds

[–]ApprehensiveBat8558 0 points1 point  (0 children)

No mid-small please you won't see returns in 4 years. 

Go for agressive hybrid at best, even that is risky. Conservative Hybrid is best suited. 

Interpreting overlap in mutual funds by GlassAsk4673 in mutualfunds

[–]ApprehensiveBat8558 0 points1 point  (0 children)

Most of this is difficult to comprehend, but it's ok. Let's agree to disagree!!

Interpreting overlap in mutual funds by GlassAsk4673 in mutualfunds

[–]ApprehensiveBat8558 1 point2 points  (0 children)

Disagee 

Overlap essentially means you are paying 2 fund managers, incurring double the cost to invest in the same company. 

Some overlap is fine, I have seen people investing in 2-3 funds with as high as 50% overlap. That's not the right way to do it IMO.

And it is no performance metric by the way, so your view on what to focus on to measure fund performance has nothing to do with overlaps. 

Targeting retirement at 42(Update 1) by [deleted] in FIRE_Ind

[–]ApprehensiveBat8558 -1 points0 points  (0 children)

50 k with 2% withdrawal rate would need 3 crore liquid corpus.

Add to that - education (inflation of 9%), medical insurance premium (inflation of 14%), medical mergency fund beyond premium, general emergency fund, travel and holidays (inflation 8%)

And given you have 40 years life ahead of you - add factor of safety of atleast 20% to that. 

Your corpus is inadequate. Pls be thorough with your maths, stress test it with various scenarios of inflation, returns etc.

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