Bi-weekly advice thread December 20, 2018. All questions about your personal situation should be asked here
We encourage all our visitors to ask those investing related questions they were always too afraid to ask. This thread will be moderated, to ensure it remains free of harassment and other undesirable behavior.
The members of /r/IndiaInvestments are here to answer and educate!
NOTE If your question is "I have 10,000 rupees, what do I do?" or anything similar. There is no single answer to this question, but we will also need A LOT MORE information if we are to give some sort of answer
- How old are you?
- Are you employed/making income?
- How much? What are your objectives with this money?
- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
- What are you current holdings? (Do you already have exposure to specific funds and sectors?)
- Any other assets? House paid off? Cars? Expensive partner?
- What is your time horizon? Do you need this money next month? Next 20yrs?
- Any big debts?
- Any other relevant financial information will be useful to give you a proper answer.
Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!
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