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    Nest Egg Risk Diversification

    @dnntau Spot on. Check in US sub or FIRE sub. HYSA for liquid emergency fund. Yes, your equity portfolio is too concentrated for nest egg. Not more than 10% in one single stock. May be BRK-A may be an exception since it is more of an investment vehicle. Property portfolio - be conservative...
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    Widow - 18 yrs daughter - Want to quit job

    @cam Time to find a different boss!
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    Need advice for investing 5L for short time (i.e) less than 6 months

    @jermichael If your tax rate is low: FD or MO Short term debt fund. If you are in high tax bracket: MO Arbitrage fund. Do a direct investment through any app/website.
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    The Indian government restricted FDI in media so BBC bypasses it by creating a new Indian entity fully owned by Indians. A fun read

    @mommykoko You have got it wrong. The idea behind restriction on FDI in press was to keep control within India for what gets published. It was required to be done by ensuring majority control be with Indians who can be pressured into staying within the narrow lane - whether in national interest...
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    Deductions allowed under new(current) tax regime. Megathread

    @isbel13 Hopefully you misremember brother. Car deduction is only for employer leased/provided car.
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    Deductions allowed under new(current) tax regime. Megathread

    @isbel13 Are you her employer? If no, I don’t understand how you expect it to work? Rule is for company provided car. Not employee rented car.
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    My parents want me to invest in chit funds

    @kasie Thanks 🙏 now i feel bad for not googling first.
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    My parents want me to invest in chit funds

    @kasie How do those who don’t need a loan earn through chitfund? Sorry never understood how it works
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    Another one of those typical car finance conundrum posts

    @tp243 If you are salaried and high tax bracket, makes sense to consider company’s car lease program because EMI goes from pre-tax income. For everything else, pay full cash, negotiate hard.
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