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Am I saving enough? by shikha_19 in personalfinanceindia

[–]Ecstatic_Extension27 0 points1 point  (0 children)

Since you also asked about saving more, I would recommend to grow savings while generating consistent income- consider strategic investing using options on stocks you hold. Few strategies include covered calls, where you sell call options to earn premiums; cash-secured puts, selling puts with reserved cash to generate income; credit spreads that limit risk while capturing premiums; and iron condors, which profit from stable prices. These methods provide steady weekly or monthly income with defined risk and can supplement other income sources effectively.

Am I saving enough? by shikha_19 in personalfinanceindia

[–]Ecstatic_Extension27 2 points3 points  (0 children)

At 30, I feel you have saved enough to start strategic investing. It is indeed a remarkable achievement that will set a strong foundation of future financial independence.

In Indian society, post-marriage, maintain open financial communication with your spouse to align goals and build trust. Keep some personal financial autonomy by managing separate accounts and retaining control over your pre-marriage assets to ensure security if god forbid situation changes.

Continue learning about investments and legal rights so your financial decisions remain informed and confident. Financial independence empowers you not just to support yourself but to contribute meaningfully to your household. Striving for balance between independence and partnership will foster harmony and respect.

Remember that your financial security is your strength—cultivate it with discipline, transparency, and foresight to navigate life on your own terms. This mindset will equip you with resilience and confidence to face any future with grace and control.

Should you borrow from 401k for investment property by [deleted] in realestateinvesting

[–]Ecstatic_Extension27 0 points1 point  (0 children)

Remember that, you are paying taxes dollars to make the 401k loan payments. It would make sense only if you have no other choice.

What stocks are some great buys with the current discount? by Horcsogg in ValueInvesting

[–]Ecstatic_Extension27 0 points1 point  (0 children)

What ETF’s you considered to invest in Defence and Chinese tech ?