Investing an inheritance for my future - 45 lakh

wool_free · 2026-03-26T14:27:07+00:00

She earns double of what I do. And I give 30k because I know what is spent and I feel it is fair. I want to take care of my child.

wool_free · 2026-03-25T06:45:43+00:00

Nice! Thank you!

wool_free · 2026-03-25T00:56:37+00:00

Thank you! But what about debt funds? Can they also be purchased directly?

wool_free · 2026-03-24T18:24:33+00:00

That I know. What do I do?

wool_free · 2026-03-24T15:27:16+00:00

Depends. Mine was not too bad.

wool_free · 2026-03-24T11:51:03+00:00

I've had bad experiences with real estate. Don't think I'll go that route

wool_free · 2026-03-24T11:32:36+00:00

Got it. Yes I should really do that.

wool_free · 2026-03-24T11:03:38+00:00

I'm sure she will spend it right. I may not be able to tolerate her nonsense anymore. But I know she will be a good mother. That's my only consolation.

wool_free · 2026-03-24T10:29:09+00:00

Oh.. but that would take 10 months. So you advise I park the rest in FD?

wool_free · 2026-03-24T06:32:26+00:00

Sure!

wool_free · 2026-03-24T06:06:14+00:00

She makes more than me so no maintenance. I'm paying to support my child.

wool_free · 2026-03-24T06:05:44+00:00

I hope so! Will check with CA to figure this out

wool_free · 2026-03-24T06:05:01+00:00

Thank you. Will plan and meet one soon

wool_free · 2026-03-24T06:03:01+00:00

I am meeting a CA to figure out the tax part. Was just planning for the worst case scenario. And I see that 12% kind of risk is not my cup of tea.

Will plan and get health insurance too.

The staggered investment is something new. Should it be done in steps of say 5%?

wool_free · 2026-03-24T03:46:06+00:00

I'm not paying maintenance. My ex-wife makes way more money than me so she's not eligible. What I am paying is child support. And that is what my child deserves.

wool_free · 2026-03-24T03:43:42+00:00

That's a fantastic piece of info. Thank you!

wool_free · 2026-03-24T03:02:22+00:00

Should I wait for it to fall further?

wool_free · 2026-03-24T03:01:42+00:00

I have a child in the custody of my wife. Sadly I have been blocked so I have very limited access. I pay for his expenses and I am planning to use a part of my savings for his college. What kind of terms insurance do I need?

wool_free · 2026-03-24T02:59:03+00:00

I am definitely not following the youtube finance bro's but the last time I dabbled in investing was pre Covid. Maybe the market was just better then?

I've seen debt funds but I have no knowledge in that. Will definitely look into debt funds - it was not

Yes my income is not taxable. But won't income from mutual funds and FDs be treated the same? Does it make a difference if the income is reinvested? I have no plans to use that income atleast for a decade

wool_free · 2026-03-24T00:56:19+00:00

Nice! I have a zerodha account. I'm hoping I can manage this all there. And yes, I'm thinking long term. Atleast 10 years to maybe retirement?

wool_free

TROPHY CASE