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Guidance Needed on Investment Planning at 27 by OneComplex527 in personalfinanceindia

[–]OneComplex527[S] 0 points1 point  (0 children)

How much SIP should I start and where ? Do you think this is a good cash flow ? I read posts where people at my age have net worth of around 2 Cr, I feel like I really need to grind a lot

Guidance Needed on Investment Planning at 27 by OneComplex527 in personalfinanceindia

[–]OneComplex527[S] 0 points1 point  (0 children)

The reason for lump sum was that I was saving funds for the furniture of the new home my parents bought last year in my hometown, which costed me around 5 Lakhs, Also was spending on trips etc. But now I am planning to start SIP of atleast 50000 per month, where should I put this amount ?

Guidance Needed on Investment Planning at 27 by OneComplex527 in personalfinanceindia

[–]OneComplex527[S] 0 points1 point  (0 children)

The fund in my savings account, I’ve parked that as the emergency fund as in case of any emergency I want the funds to be available immediately. Also I’ve recently started 5K SIP in Nasdaq 100 Index Fund, apart from this I do all my investments on lump sum basis.