simanjuntak
New member
Hi long time lurker here .I 21(M) am from South india.I got placed in a top tier MNC.I currently will recieve 50 k for intern stipend and 1 L for the full time.But the increment may not be good from what I hear from seniors.i also get a stock component worth around 20k usd(vested 25% annually).I won't touch it though in the next 10 years or so.
I will have no expense for the stipend since it's wfh my father wants me to invest in chit funds the tenure is for 25 months per month 80 k.the fund will start from the month when I start my full time.
Is it worth it to invest in chit funds when there are a range of options outside like MF,equity,crypto ?
My father is kinda old fashioned he doesn't like those mf,equity(I personally think he doesn't want me to do stocks is bcoz he is addicted to it and doesn't want me to do the same)
Advice needed guys help me out
Ps: first post, grammar may be a little off don't mind it.
I will have no expense for the stipend since it's wfh my father wants me to invest in chit funds the tenure is for 25 months per month 80 k.the fund will start from the month when I start my full time.
Is it worth it to invest in chit funds when there are a range of options outside like MF,equity,crypto ?
My father is kinda old fashioned he doesn't like those mf,equity(I personally think he doesn't want me to do stocks is bcoz he is addicted to it and doesn't want me to do the same)
Advice needed guys help me out
Ps: first post, grammar may be a little off don't mind it.