@juanna Congratulations to you!
I’m a 24M and have just finished my MBBS, to start earning by the end of march 2025. Though i hate our education system for not teaching us about anything like taxes and investments, but seeing my father’s bad habit of not planning things financially has really put the bug in my head that i need to invest and plan it all out.
I still manage to save 5-8k per month on way pr another.
I have a few questions if you’d give your opinions on.
1) what should be the minimum salary ( or extra cash per month) for one to consider investing?
2) Where do i teach myself about Mutual funds and other investment plans (except stocks. I’m going through zerodha slowly. Plus my brother used to be a stock trader so he helps but idk anything about other strategies.)
3) When i entered college i saved up 50k and put it in fd in my first year and my father was impressed and he gave me 1 L more. By now i have put 3L in FDs because I didn’t want to take any risks. But I’m in my early twenties without much responsibility, and i want to take risks now. If you had to suggest me, which would you suggest, SIPs, MFs or Stocks to learn about and invest in first?
(If you mention sips and Mfs do name 1-2 good ones)
Thanks man! Hope you keep growing exponentially!
Any other financial tips you wish you would’ve known back when you were 24year old, feel free to drop it!
I have a few questions if you can give your opinion