personal finance in india

Personal info - 28M, Software Engineer in India, married, spouse will look for non-tech job. Family - Couple in Tier 1 city, 3 dependents in Tier 3 city. FIRE goal - 5 Cr by age 42 (subject to refinement). Net worth - 1.01 Cr (Excluding RE which I will inherit). Instrument % of networth...

I had planned on reaching the first milestone in March 24 but Santa helped in December. Looking forward to the next Crore. Hoping to reach there in the next 4 years. Edit : forgot to add my age. 33M make around 35lpa (5 is variable). Have been investing since 2015.

[Long post][I might be delusional here] - A typical health insurance for 10-20 lac base cover for parents (2x 55+ YO people, generally healthy) No room limit, no co pay costs about 35-60K per annum (which will increase overtime, with some 2+ year waiting period for pre-existing diseases). For...

So, here are basic details about me: Age: 24 CTC: 6.5 L (3 YOE) Field: Marketing (No MBA) Net worth: 16.5 L I have Work From Home and I'm already investing in stocks, mutual funds, debts funds since 3 years. My father has built up decent wealth but 95% of it is in land/plots. Here are my...

Here Are Stocks That Are In The News Today: Results today: Infosys, Hero MotoCorp, CRISIL, Federal Bank, Shakti Pumps, Jammu & Kashmir Bank, Mahindra CIE South Indian Bank Q2: Profit jumps sharply to Rs 70.1 crore versus Rs 4.3 crore; net interest income rises 0.7 percent to Rs 506.5 crore...

So I buy a lot of clothes from instagram thrift stores, and there was this one store that posted a story saying a dress is available as the girl who bought it is selling it again due to some size issue and to contact the girl. I dmed her and decided to buy the dress. This is the part where i...

I'm a newbie and I'm trying to understand the logic of , why buying similar funds is bad. let's say you have to decide top 5 cricket teams in the world, you can choose one team 5 times or multiple teams to fill these 5 spots. The total list of teams contains- All international teams & All IPL...

Asking for a friend. So, said friend was gifted about 7 lakhs in hard cash by his grandfather. What would be the best options to invest this cash in a safe and smart way? Something to also consider is that he has an ongoing house loan as well. Thanks in advance for any insights.

Suppose I want to buy a car worth 7 lacs. I heed the advise of finance gurus and decide that I should not fall into a debt trap and should buy things only by saving. Assuming a liberal saving of 5000rs per month, if I have to buy a car worth 7 lacs, I will have to save for 140 months! As in...

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Here Are The Stocks That Are In The News Today: ONGC Q2: Profit rises 34.5 percent to Rs 8,264.6 crore versus Rs 6,143.8 crore; revenue increases 3 percent to Rs 27,989.1 crore versus Rs 27,212.8 crore; EBITDA jumps 7.2 percent to Rs 15,788.4 crore versus Rs 14,731.7 crore; EBITDA Margin at...

I opened a recurring deposit with Axis Bank for monthly installments of 10,000. The interest rates that was displayed initially was 6.60%. But the maturity amount after the 1 year period is only 124,350. When I calculated the yield it seems to be only half the interest rate. What is the logic...

What is fall we are expecting in the near first in week second may View Poll

One of the leading software services provider Tata Consultancy Services (TCS) has reported 7.6% sequential growth in the second quarter on profit to Rs 7,901 crores with growth across sectors. The year-on-year growth was 22.6 %.

I have a genuine question. What's up with IND money selling US stocks in India through their app. Has anybody tried that? Is that even legal here? Is it safe to invest there..? Thanks for your response.🙏🏻

I’m going to be working as a IT contractor for a European firm from here in India and they will be paying me a monthly remittance in USD. I’ve got a savings bank account with HDFC bank (INR) that I intended to receive this amount in. I checked with my bank branch regarding this and they told me...

Bandhan Bank’s net profit for the second quarter ended September 2018 (Q2FY19) rose 47.4 % to Rs 4.88 billion on strong growth in net interest income. The Kolkata-based private lender had reported a net profit of Rs 3.31 billion in the July-September 2017 quarter (Q2FY18). The net interest...

There are over 20 mutual fund software in India. I'm listing them down here. The most suitable software depends on your requirement and budget. an employee sharing information and data with the help of mutual fund software Investwell Delhi Redvision Indore Mprofit Wealthmagic Winsoft IFA now...

I'm starting an assignment for work that will have me in India for the next two years. With this, the company mentioned I will be paying taxes for the Provident Fund that they will match. My understanding is it is India's version of what we call Social Security in the US. Is anyone familiar with...

Hi Fin experts, I have a HDFC regalia card and an American Express Gold charge card. I dont get any offers or discounts on either of them. So i want to get a new credit card and want to surrender the HDFC one. I am looking for discounts mostly on flights and food ordering. Suggestions please.