@doyouknowmyfather Depends on your monthly expenditure. But regardless of how high your expenditure is, minimum 10–15% of your monthly income should be invested.
@doyouknowmyfather Follow whatever I say with caution, but this is what I suggest, to reduce analysis paralysis:
Imagine you lose your job tomorrow, what will you do? Have 6--9 months of required monthly expenses in an FD as 'emergency fund'.
If you're saying 46k can be all invested, then keep maybe 60% of it in index funds monthly, 15% in high performing active small cap (playing with fire but with exciting returns), and 25% in additional debt fund or FD.
@leras Congrats op, glad to see others who get it. The biggest and sureshot roi comes by investing in self, I always say that but everyone in my circle thinks they're the wolf of wall street.
If you don't mind, sharing your yearly progression of investment size will help motivate.
@leras Hmmm... Still feel that there are issues. The invested amount should be a more steady upward curve right? Why is it showing a huge dip during market corrections...
@leras I started my investment journey 30 years ago (value of the Rupee was of course much more then). 10 years for my first crore. It was 6 crore 9 years later and 17 crore today, though I stopped working some years ago. The difficult thing is making your first crore. You have started well. Congrats !