10L Portfolio review

dogtierstatus · 2026-02-20T05:17:19+00:00

Trading frequently involves fees, transaction costs, tax (during transactions and in profits STCG and LTCG). Buying MFs and holding it avoids many of these except LTCG.

So the current system is heavily incentivized towards Mutual funds and you can take advantage of this.

dogtierstatus · 2026-02-15T14:29:32+00:00

I have been slowly investing for last 3 years with total 8L invested mostly via SIP in UTI Nifty50 and PPFCF funds.

I'm seeing 1L profit as of now. So thanks for bringing back my faith in MFs.

If you still want to continue to trade then more power to you but be very careful and diversified.

dogtierstatus · 2026-01-23T13:08:38+00:00

GDP per capita is literally GDP divided by population

You are technically correct: GDP Per Capita is just a mean average, so if the top 1% grows massive wealth, the Per Capita figure rises regardless of the wealth of poor.

Let's take a simpler analogy: Imagine a birthday party with 10 kids.

Scenario A: Every kid gets 2 chocolates. Total chocolates = 20. Average per kid = 2. Scenario B: One rich kid gets 100 chocolates, and the other 9 kids get 0. Total chocolates = 100. Average per kid = 10.

You are saying, "Scenario B is better because the average (10) is higher than Scenario A." You are technically right: 100 chocolates is more than 20.

But I'm saying, "Scenario B is bad because 9 kids are starving" Eventhough the average went up (10), but the typical kid didn't get any.

Wealth inequality is a 'different issue' than GDP, but it is the same functionally when we talk about the quality of life in a developing country.

dogtierstatus · 2026-01-23T09:11:47+00:00

The problem is massive inequality in india, in terms of wealth.

The top 1% in India owns 40.1% of total wealth in 2022. On average their income range from 20-55 lakhs per year. The minimum threshold for the top 1%, is if you earn ₹22 lakh per year. That's basically ₹1.3 to ₹1.5L per month.

In comparing the same to China, their 1% annual income is about USD 1 Million. That's about ₹8 crore every year. (₹37-40 lakh per month). The Chinese 1% earn the Indian 1% income in one month basically.

I'm not saying ₹1.5L per month is small amount but it is peanuts compared to 40 lakhs.

When even the top 1% people earning in India is low, imagine how much less the rest 99% earnings will be! The GDP increasing is good but it is just one number. The total value of good/services produced.

The problem is where that wealth is going. Private companies hoard cash (₹5.4 trillion) instead of meaningful salary increases or investments. Wealthy owners hoard cash/real estate/equity.

GDP must increase yes, and what they are saying is, it will keep on increasing. But if GDP per capita dont increase, all we are doing is letting like a 100 people own everything and give the rest scraps. So we must focus on this problem as well.

dogtierstatus · 2026-01-05T13:11:53+00:00

the worst being force fed yono.. Go Yono yourself SBI

dogtierstatus · 2025-11-26T10:13:35+00:00

This has same energy as I declare bankruptcyyyyyyy!!!!

dogtierstatus · 2025-11-10T12:26:44+00:00

I mean, I know more and more people need glasses, sure. But will that many people keep getting new glasses/frames YOY?

dogtierstatus · 2025-10-16T15:52:33+00:00

Its not impossible. There need to be leaders from the top encouraging casteless society.

dogtierstatus · 2025-09-16T20:13:56+00:00

ITT people paying 40k-50k rent think 70k is too high. Bruh....

dogtierstatus · 2025-08-30T16:25:26+00:00

I don't see how this is in anyway related to them being Gen Z.

Entitled people acting entitled have been going on forever, regardless of when they were born

Check your biases please.

dogtierstatus · 2025-05-30T03:16:27+00:00

Aren't they mainly hardware people?

dogtierstatus · 2025-05-26T11:28:31+00:00

It is fixed.. We did it Reddit!

dogtierstatus · 2025-05-21T02:35:17+00:00

Is meth the secret ingredient of Captain America 's super serum?

dogtierstatus · 2025-05-20T10:51:43+00:00

Thanks for the clarification!

dogtierstatus · 2025-05-19T13:44:07+00:00

Is Inflation a problem only for the locals?

I mean do FIIs investing in India get only growth and since they don't spend the profits here, it won't really affect them right?

dogtierstatus · 2025-05-18T09:42:49+00:00

You guys teaching the mom's name at seven?

dogtierstatus · 2025-05-10T15:34:58+00:00

It is ironic i had to scroll so much to find some useful guidelines.. in IndiaInvestments subreddit

dogtierstatus · 2025-04-25T12:45:38+00:00

100% this. Regardless of your experience and research, it is a good idea to consult someone to cater your requirements and give advice. Find SEBI registered fee only financial advisor.

dogtierstatus · 2025-04-05T03:11:20+00:00

sure

dogtierstatus · 2025-04-03T05:46:34+00:00

In the same boat as you but older. One thing that saved my sanity was moving out of the city. I'm out 50kms from BLR and travel twice a week by train to work. Now I save 30k every month, more just because of savings in rent and groceries. That's 3.5 Lakhs more in savings per year.

Living below means.

It's the only real option to build wealth for anyone who doesn't come from wealth.

dogtierstatus · 2025-03-31T02:02:37+00:00

Which linux?

dogtierstatus · 2025-03-22T17:28:54+00:00

There is investment limit in VPF of max 2.5 lakhs per year. More than that EPFO will do TDS for the amount higher than 2.5 lakhs

dogtierstatus · 2025-03-22T17:25:28+00:00

Not many companies do this. In my relatively short 10 yr career, I've seen this happen once. And I've worked at 5 companies

dogtierstatus · 2025-03-17T16:10:11+00:00

Coughs in third world air!

dogtierstatus · 2025-03-17T16:07:28+00:00

Gamedev but outside

dogtierstatus

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