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@tasha93 Thank you! High interest Savings Bank Account - that's what I mean! I'm getting 7%. I'm considering SGBs as a means of saving for buying physical gold. I have a daughter and would like to start saving for her marriage at least a bit. Plus, it's also a portfolio diversification thing. I...

@skeptisist Mirae Asset Large and Midcap Fund, SBI Small Cap are some of the major funds I'm invested in. Stocks I invested in have required a few hours of research at my end. So I'm not really comfortable sharing that. Hope you understand

@susejlx Point taken :) Not comparing with others btw. Just want to make sure I figure out the basic things in my life well. Get a house, a car maybe, ensure children have a good education and save just enough to live a comfortable life in retirement. That's all! :)

@susejlx I get what you're saying brother. But, growing up the way I did, it's natural for me to aspire for a better life and make sure that it's not threatened by other factors. That requires a lot more money and effort than what I currently have. Sure, some people would perhaps be happy...

@susejlx I do. Absolutely. Did you not see where I mentioned I grew up impoverished? I of course know I'm doing decent. The point of asking this question was to seek opinions on how I'm handling my personal finances. And I'm a student of the social sciences, I know how an average Indian is...

@x902xxipher Thank you! I'd first have to check of course, if I can afford you! :D

@x902xxipher Thank you! If you ask my wife though, she'll probably say there are ten things I can do better! But then that's married life for you! LOL

@testoffaith Thank you mate. There's a long way to go though 🙃

@hejte Hello Friend. A genuine thanks for the detailed response. Your words remind me of what my wife often tells me. I'm pretty much like you. Not into accumulating gadgets -- although I'm quite tech savvy. I can no longer travel alone (obviously) 😁 but yes, it's definitely a worthwhile hobby...

@jason5261 This is a very interesting take. Reducing the EMI load and investing the amount heavily in the stock market instead will compensate for the overall larger amount one will pay for the loan. Hmmm. I think just from a sense of safety perspectivem I'd want my emergency fund to be at least...

@believerwithquestions Thank you very much. This is very practical. I just worry sometimes what if house prices shoot up faster than how quickly my income grows

@pollostyle Thanks mate. The rest goes to the high interest SB ac. My difficult childhood has made me frugal. I have seen such bad times, I want to be rather prepared if ever things go south rather than feel like a headless chicken. The high return is mostly a function of starting early...

@athena74 Interesting perspective. I would want it to be tough for her in the sense that I would want her to push herself and aim for the stars - not be worried about where the next meal is going to come from and whether I'll be asked not to come to school because my fees are due. I hope that...

@macbosch That's a good strategy. You're right. No one can time the market. But given how sharply it has ran up, there's always that fear that it would at least correct, if not crash

@inhissight So are you saying if and when I sell the MFs to buy a house, I'll be spared the LTCG? That's really nice then! No? I want to increase my MF portfolio too but I'm really nervous because markets are super high and given how much the family depends on me, I'm wary going in hard 😔 What...

Hi Good folks of PFIndia! 31M, married, father to a week old daughter, father and sister are dependents as well Take home - 2.15L, Non-tech. Current Portfolio: 22L in MF (20K SIP ongoing, overall return of nearly 24% annually), 3.5L in selected stocks, PF 5L, high interest SB a/c 14L (this...