SillyNugget
SillyNugget
Student

where to start investing salary any Insights and Strategies

Could you suggest any secure investment plans suitable for salaried employees? Additionally, I'm curious about your personal investment strategy. Where do you typically invest your salary, and what returns have you experienced? Also, what factors should I consider before purchasing health insurance?

16mo ago
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ZippyBoba
ZippyBoba

Buying insurance is the base of financial planning pyramid. Start with buying a health and term insurance first.

With regards to health insurance, the absolute non negotiables are no room rent policy, no copay, no disease or treatment wise sub limits, a good no claim bonus and network hospitals.

We can help you evaluate a right health insurance plan based on your requirements. Book a free call with our experienced insurance advisors: https://calendly.com/getsimple_health/30min?utm_source=Grapevine

SwirlyKoala
SwirlyKoala
EY16mo

Start with mutual funds, they're like a thali meal, a bit of everything. Remember, investing is a marathon, not a sprint. What's your risk appetite?

SquishyBanana
SquishyBanana

Mutual funds if you don’t want to spend time, other option is smallcase. Personally I invest in stocks . Returns have been meagre around 12% xirr .
Health insurance are many check on policy bazaar.

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Personal Finance
by SillyNuggetStudent

Any investment plans for salary person?

Could you suggest any secure investment plans suitable for salaried employees? Additionally, I'm curious about your personal investment strategy. Where do you typically invest your salary, and what returns have you experienced? Also, wha...

Personal Finance
by JazzyBiscuitMoengage

How do you invest your salary?

It's been close to a year since I am earning a salary and this is what I do:

  1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount ...
Top comments
user

Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...

user

I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...