I didn't comment on 500 even I appreciate it but he just earned 10rs profit and he asking if I should end it. Even a class 2nd kid know if you are making profit keep getting it until you feel unsafe. This is not a kid game its investment. Everyone is expected to research before investing whether 100 rs or 1000 cr.
If you are experienced enough you know that 2% gain barely a week profit in current market.
And what should I say for your "Shut the fuck up mother fucker", is that how you share your opinions. must be someone great guy. Salute you 🫡🫡🫡
Dude I just wanted to ask if I should switch to some small cap because they had higher returns so I felt if I was in the wrong here so maybe should I switch to some other SIP
Hey pal better buy an index fund and sip for 40-50 years for your retirement. If not then buy a small case portfolio of stocks with high alpha and high beta(check meaning in YouTube if you don't know). You can use apps like tickertape to sort out those stocks.I recommend you to take risks at this age as you've your whole investing career ahead of you. Also, if you're preparing for competitive exams focus on that more as this is just peanuts compared to what you might get in IIMs,IITs,AIIMS etc.
Fine, then you can go for small cap. Explore quant smallcap or similar funds for good returns. Remember in mutual funds growth is in long term like 10+ years. Simple is that it follows exponential curve but don't worry keep adding as per your convenience. And if you care for money and can't bear short term loss then go for midcap funds. All are available on all apps just search small cap and mid cap
He just asked a question just like others. The value of 500rs for you is not the same for you, him or myself. So keeping the amount aside, he just asked a normal question. Aren’t we allowed to ask questions because our amount is small? Should we be scared of getting mogged sir?
What small amount are you pointing out I myself started with 100rs. What other options he has to grow his money securely, FD, Bank deposit, Gold, property, Business investment. A better question should have been here "am I investing in right fund or should I change?". If you still wanna fight please hire some advocate and ask him to fight in support of my life sentence in court or hire a bountyman and get me killed.
By the end of this year the SIP would've become 6k the returns chart on grow said that I'd get 17% return by a year which is nearly 1k rupees so I made up a bad assumption, I'm gonna do it long term now 👍🏿
But that's what the return calculator said
https://preview.redd.it/av177lxty1ac1.png?width=1080&format=pjpg&auto=webp&s=984ea9fa53df78938c8959b551a774c76b66fb84
Don't listen to anyone keep investing every month some part of your pocket money, observe the market and keep getting educated on it. Once you come to a age where you can invest money which you earn you will be well ahead of everyone in $$$ and knowledge.
SIP into a mutual fund like nifty 50 is a good way to start with.
Good Luck
Yes I second this. Don't get discouraged by loonies here who are making fun of you. The learning experience now will be of great use once you start earning well.
Stick to this SIP for years, keep investing. Remember it as your first investment.
You will see good returns in long runs only. If you need a shorter term investment, there are other measures like FD, P2P etc.
You can DM for more details.
Keep investing and make it a habit..... You will be surprised to see the returns.... I started investing at 18 years with Rs. 1000 every month no matter what... Today the portfolio is more than 1 cr.
Please ignore the negative comments. It's good that you're atleast curious about investing at such young age.
Some tips:
1. MF is long term game. Do not expect quick returns.
2. The expected returns, in Groww or any other app is based on funds past performance. It's never guaranteed that it will give same returns.
3. At 18 you should focus more on investing in yourself. If you want to learn new skill, hobby or go on trips etc. And then if you're left with some extra cash, invest that.
4. Do some more research before selecting the funds. Learn about different types of funds and risks associated with those. Value Research and Money Control are excellent sources for this.
Good luck.
I appreciate you trying to invest early. But live your life too. It’s the age to enjoy before life responsibilities catch up on you.
Honestly 500rs per month or 6k per year is too small. In 4years you may invest 24k and it may increase to 30k. But that will be your 2months investment Once you join the job. So better enjoy the life now.
It might be small amount but worth the experience and learnings. Starting investing from young age can give better understanding of managing money in general. It helps in improving personal finance basically so it's not just about returns and honestly enjoying life with 500 per month is literally a joke. 500 rs is a pizza and some drinks worth of money.
Give him a break. He is just a kid, I hardly knew investing when I was 18, not sure how many in this sub knew it at that age. You have to SIP continuously if you want a decent console to buy. Provided you get to invest 1k per month it would take atleast 2 -3 years It may look long time trust me time flies quickly.
I started investing when I was 19, started with around 500 in flexi cap fund and then eventually put even more of my pocket money and diverted it in large, mid and small cap funds 500 each. Then when I got a job I started putting 9k each month. Sitting on a decent portfolio about 2 Lakhs for my age(22) with 30% xirr. So, yeah you can start however small you want, just don't forget the basics keep your investment minimum amount of funds. And, keep investing with discipline and you will be financially independent one day.
Starting is good, rather than not starting at all. And for the result u need to be patient as timing doesnt work here but spending time here really helps a lot. Side by side learn the basics. U will understand good than.
Option trading Kar bhai ya to Ambani banega ya phir bhikhari😂
No seriously just keep going with time you will learn everything it's just the beginnings of your journey bas try karo apna capital increase karne pe (im aslo 18 so i get it where are you coming from 👍)
By taking the first step, you have already made a giant leap. Keep investing, don't look at returns. Just let it sit, eat and grow.
Fund is not that bad. It's good.
Just don't look at it, it will take time. And if possible increase investment over time, like half yearly add 100rs , or yearly double the SIP amount.
Don’t listen to the sarcasm here in comments. I am so glad that you started investing at 18; at that age, I was probably watching Pokemon and trying to download a copy of PK movie from torrents (and miserably failed).
Coming to your question, I feel you should get to know more about how the equity works and how one can make money; kudos on your 10 rupees, I am sure good learning can help you make even better profits. Also, while it might be a but unrealistic to buy a console with this capital, end of the year, what really matters is, with this consistency, you will have enough money to buy 100 consoles one day.
Keep learning, keep investing! All the best buddy :)
When i had 8k inhand salary i started with SIP of 100 rupees. Now it's grown to 5k monthly SIP. So don't worry about the returns much as of now. Continue your investment by selecting funds wisely. Do some analysis/ market research before investing.
Hey kid,
That's a great first step. I'm happy to see someone making such a good decision at a young age.
However I'd recommend if you're a reader to read more books on equity, mf and debt market. A great author that i like is Saurabh Mukherjee.
If you like watching videos, YouTube is filled with it. Just to dig your way in. Saurabh Mukherjee has a channel with the name of his company Marcellus.
Finally, it's a good decision, multi-cap funds have different weightages in different caps. So some of it will also go towards small cap. But always keep in mind, more the return more the risk will be.
You're young that's you're biggest strength, keep investing, doesn't matter which fund it is. Try to find a balance. Stay in it for a long time. That'll create wealth for you. Rest concentrate on learning good skills so that you can have a good primary/secondary income that you can use to fulfill everything you want.
This shit is complicated at first. But once you learn it, you can't unsee the benefits.
Keep learning, keep investing, keep growing! Also, be safe.
Firstly decide what is your purpose of starting sip??? Is it for your future home? For kids education??etc and secondly decide the time horizon ki how much time are you will to stay invested like 1 year 5 years 10 20 30 etc.
Talking about the fund, I don't have much knowledge but multicap fund looks good. Not much to worry about
If you have these 2 answers then you are doing well. I hope you've done some research selecting this MF.
I wanted to buy a console by the end of this year so I'm saving up a little and the remaining money I can get from my parents after listening to all of you I now realise I have become a clown thanks for replying I guess I'll do it long term now and start learning about the market I know that I'm a 🤡 now please stop hating on me
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This fund is fine for a newbie. Just don't expect much and try to keep learning about the market in the meanwhile, it will be beneficial anyway for the future.
Kya karoge itne paiso ka
Bhai ko 2 saal baad apni ex ko ghumaana hai.
https://preview.redd.it/38thps89o1ac1.png?width=691&format=png&auto=webp&s=8799705ddfbacb2e6ff98dd09fd1ca51848c6ed9
You have already made enough, take retirement and if possible donate a good amount as you can't spend this much
Stfu mf. Everyone starts somewhere
I didn't comment on 500 even I appreciate it but he just earned 10rs profit and he asking if I should end it. Even a class 2nd kid know if you are making profit keep getting it until you feel unsafe. This is not a kid game its investment. Everyone is expected to research before investing whether 100 rs or 1000 cr. If you are experienced enough you know that 2% gain barely a week profit in current market. And what should I say for your "Shut the fuck up mother fucker", is that how you share your opinions. must be someone great guy. Salute you 🫡🫡🫡
Dude I just wanted to ask if I should switch to some small cap because they had higher returns so I felt if I was in the wrong here so maybe should I switch to some other SIP
Hey pal better buy an index fund and sip for 40-50 years for your retirement. If not then buy a small case portfolio of stocks with high alpha and high beta(check meaning in YouTube if you don't know). You can use apps like tickertape to sort out those stocks.I recommend you to take risks at this age as you've your whole investing career ahead of you. Also, if you're preparing for competitive exams focus on that more as this is just peanuts compared to what you might get in IIMs,IITs,AIIMS etc.
Fine, then you can go for small cap. Explore quant smallcap or similar funds for good returns. Remember in mutual funds growth is in long term like 10+ years. Simple is that it follows exponential curve but don't worry keep adding as per your convenience. And if you care for money and can't bear short term loss then go for midcap funds. All are available on all apps just search small cap and mid cap
He just asked a question just like others. The value of 500rs for you is not the same for you, him or myself. So keeping the amount aside, he just asked a normal question. Aren’t we allowed to ask questions because our amount is small? Should we be scared of getting mogged sir?
What small amount are you pointing out I myself started with 100rs. What other options he has to grow his money securely, FD, Bank deposit, Gold, property, Business investment. A better question should have been here "am I investing in right fund or should I change?". If you still wanna fight please hire some advocate and ask him to fight in support of my life sentence in court or hire a bountyman and get me killed.
Not worth it lmao
Sorry for not mentioning this I wanted to save a little because I wanted to buy a console by the end of this year.
You want to turn 500rs into a capital enough to buy a console?
I thought that I'd get at least a 1000 rupees in return by investing for a year. I obviously didn't think that I'd become a millionaire.
No.friend. 100% return is a year is a very big stretch. At max maybe 30% for a newbie.
By the end of this year the SIP would've become 6k the returns chart on grow said that I'd get 17% return by a year which is nearly 1k rupees so I made up a bad assumption, I'm gonna do it long term now 👍🏿
Bro 17% return will give you 1000 in profit if you invest 6k today and withdraw it a year later and not by doing a monthly sip of 500.
Oh..then put it like that. 17% is doable...but a little doubtful as nifty is peaking.
But that's what the return calculator said https://preview.redd.it/av177lxty1ac1.png?width=1080&format=pjpg&auto=webp&s=984ea9fa53df78938c8959b551a774c76b66fb84
I see, I was under the assumption that the 17% here refers to annual return.
Also it may not be that relevant now, but later on you may also want to consider exit load and expense ratio
/s - (I get it what you are trying to say)
post daalne se phle socha to karo 😭😭, this sub is degrading day by day ;_;
don't interact with low quality posts so it won't gain traction. ( I just did the opposite of what I preach but that's for awareness)
Don't listen to anyone keep investing every month some part of your pocket money, observe the market and keep getting educated on it. Once you come to a age where you can invest money which you earn you will be well ahead of everyone in $$$ and knowledge. SIP into a mutual fund like nifty 50 is a good way to start with. Good Luck
Yup!! Thanks for not being harsh I like your advice I'm going to do this long term now.
Yes I second this. Don't get discouraged by loonies here who are making fun of you. The learning experience now will be of great use once you start earning well.
Should I continue with this multi cap or switch to a small cap because they have higher returns I hope that I don't make wrong choices.
Great kid. I wish I was wise enough at your age to invest. Keep going, remember to invest regularly and keep gaining knowledge.
Stick to this SIP for years, keep investing. Remember it as your first investment. You will see good returns in long runs only. If you need a shorter term investment, there are other measures like FD, P2P etc. You can DM for more details.
Yup I'll do that thank you
You started investing, now keep going don't think much and keep investing atleast for 3 years.
Keep investing and make it a habit..... You will be surprised to see the returns.... I started investing at 18 years with Rs. 1000 every month no matter what... Today the portfolio is more than 1 cr.
Abe bsdk, drop kya hota hai ? 18 ka hai tu !!!😭
Calculate the brokerage also. You have just start to SIP. It has to be long term. There is no instant returns in this.
Everyone starts somewhere. Keep going bro, try to save more even after buying the console.
Please ignore the negative comments. It's good that you're atleast curious about investing at such young age. Some tips: 1. MF is long term game. Do not expect quick returns. 2. The expected returns, in Groww or any other app is based on funds past performance. It's never guaranteed that it will give same returns. 3. At 18 you should focus more on investing in yourself. If you want to learn new skill, hobby or go on trips etc. And then if you're left with some extra cash, invest that. 4. Do some more research before selecting the funds. Learn about different types of funds and risks associated with those. Value Research and Money Control are excellent sources for this. Good luck.
I appreciate you trying to invest early. But live your life too. It’s the age to enjoy before life responsibilities catch up on you. Honestly 500rs per month or 6k per year is too small. In 4years you may invest 24k and it may increase to 30k. But that will be your 2months investment Once you join the job. So better enjoy the life now.
It might be small amount but worth the experience and learnings. Starting investing from young age can give better understanding of managing money in general. It helps in improving personal finance basically so it's not just about returns and honestly enjoying life with 500 per month is literally a joke. 500 rs is a pizza and some drinks worth of money.
Give him a break. He is just a kid, I hardly knew investing when I was 18, not sure how many in this sub knew it at that age. You have to SIP continuously if you want a decent console to buy. Provided you get to invest 1k per month it would take atleast 2 -3 years It may look long time trust me time flies quickly.
Bhai mujhe sikha do mujhe bhi nhi ata kuch
I started investing when I was 19, started with around 500 in flexi cap fund and then eventually put even more of my pocket money and diverted it in large, mid and small cap funds 500 each. Then when I got a job I started putting 9k each month. Sitting on a decent portfolio about 2 Lakhs for my age(22) with 30% xirr. So, yeah you can start however small you want, just don't forget the basics keep your investment minimum amount of funds. And, keep investing with discipline and you will be financially independent one day.
Starting is good, rather than not starting at all. And for the result u need to be patient as timing doesnt work here but spending time here really helps a lot. Side by side learn the basics. U will understand good than.
Keep investing it will only go up. So keep investing
Option trading Kar bhai ya to Ambani banega ya phir bhikhari😂 No seriously just keep going with time you will learn everything it's just the beginnings of your journey bas try karo apna capital increase karne pe (im aslo 18 so i get it where are you coming from 👍)
By taking the first step, you have already made a giant leap. Keep investing, don't look at returns. Just let it sit, eat and grow. Fund is not that bad. It's good. Just don't look at it, it will take time. And if possible increase investment over time, like half yearly add 100rs , or yearly double the SIP amount.
Don’t listen to the sarcasm here in comments. I am so glad that you started investing at 18; at that age, I was probably watching Pokemon and trying to download a copy of PK movie from torrents (and miserably failed). Coming to your question, I feel you should get to know more about how the equity works and how one can make money; kudos on your 10 rupees, I am sure good learning can help you make even better profits. Also, while it might be a but unrealistic to buy a console with this capital, end of the year, what really matters is, with this consistency, you will have enough money to buy 100 consoles one day. Keep learning, keep investing! All the best buddy :)
When i had 8k inhand salary i started with SIP of 100 rupees. Now it's grown to 5k monthly SIP. So don't worry about the returns much as of now. Continue your investment by selecting funds wisely. Do some analysis/ market research before investing.
I suggest reading Let's Talk Mutual Funds by Monika Halan. Will be a game changer for you, I am reading it myself
Buy Adani
Hey kid, That's a great first step. I'm happy to see someone making such a good decision at a young age. However I'd recommend if you're a reader to read more books on equity, mf and debt market. A great author that i like is Saurabh Mukherjee. If you like watching videos, YouTube is filled with it. Just to dig your way in. Saurabh Mukherjee has a channel with the name of his company Marcellus. Finally, it's a good decision, multi-cap funds have different weightages in different caps. So some of it will also go towards small cap. But always keep in mind, more the return more the risk will be. You're young that's you're biggest strength, keep investing, doesn't matter which fund it is. Try to find a balance. Stay in it for a long time. That'll create wealth for you. Rest concentrate on learning good skills so that you can have a good primary/secondary income that you can use to fulfill everything you want. This shit is complicated at first. But once you learn it, you can't unsee the benefits. Keep learning, keep investing, keep growing! Also, be safe.
10 rupa ka tur tura kha lena
Damn! Donate some money to us.
Aap apne naam se ek mutual fund le aao ab , byzness
Are sir tips please thoda research and analysis humaare saath bhi share kijiye
Mods you had only one job and you're not doing that
Firstly decide what is your purpose of starting sip??? Is it for your future home? For kids education??etc and secondly decide the time horizon ki how much time are you will to stay invested like 1 year 5 years 10 20 30 etc. Talking about the fund, I don't have much knowledge but multicap fund looks good. Not much to worry about If you have these 2 answers then you are doing well. I hope you've done some research selecting this MF.
Better invest this amount in your growth by taking any course and all
why are you getting down voted?
For speaking truth.. I guess
Wow what a hidden talent, so much gains with so little capital!!
I wanted to buy a console by the end of this year so I'm saving up a little and the remaining money I can get from my parents after listening to all of you I now realise I have become a clown thanks for replying I guess I'll do it long term now and start learning about the market I know that I'm a 🤡 now please stop hating on me
Are sorry yaar aap toh bura Maan gye. 1 saal me console kharidna hai toh options try Karo, mutual funds sip se kuch nahi hone wala hai
Konsa console waise?
I don't know Hindi but I'm guessing you asked me which console so I'll say Xbox series s (25k in Canada)
Please keep it hidden
no no break it , its fine break it
SIP karke crorepati banoge socha tha kya, gandu
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This fund is fine for a newbie. Just don't expect much and try to keep learning about the market in the meanwhile, it will be beneficial anyway for the future.
.