I want some real assist in attending to know POV and How would you strategy the under situation in case you needed to do it.
I (28) and my brother(30) managed to earn 4Cr in internet revenue after taxes assumption principally second half of the yr 2023 resulting from some companies understanding very nicely.
This cash is presently sitting in checking account solely because it was principally second half we had been busy in enterprise solely.
We don’t have any debt or liabilities to repay or any massive purchases to make.
Didn’t need to go to the advisers resulting from lack of belief.
I’m conscious of the market, and devices and have a good understanding of buying and selling as nicely.
Wished to know the way would you deploy this out there and over what interval and anything I ought to be mindful? Security is precedence.
sky8181:
Wished to know the way would you deploy this out there and over what interval and anything I ought to be mindful? Security is precedence.
If security is the ONLY precedence, then
Principally in GSECs.…and relaxation into Giant-cap passive ETFs.
BTW, the interval depends upon your life-style / potential future wants.
Understood.
I do need to put money into Index ETF( prime 1-2 bees) and Debt.
Presently, I need to transfer the cash from a checking account which is sitting idle to no less than one thing which generates some cash with security and from the place I can slowly add to ETFs and every other funding, (because the market appears to be like very excessive presently)
How would you strategy this case?
sky8181:
transfer the cash from a checking account which is sitting idleto no less than one thing which generates some cash with security andfrom the place I can slowly add to ETFs and every other funding
Sovereign T-Payments with numerous maturity dates come to thoughts.
There are a bunch of T-Payments…
accessible on NSE (i.e. the secondary market)
maturing every calendar week for the following a number of months
in volumes of 10s of lacs INR accessible to commerce every day
presently offering returns of round 6-8% each year.
Can instantly get the lumpsum few crores into numerous T-bills over the following few days utilizing your buying and selling/brokerage account.
And subsequently every time a T-bill you maintain, matures within the close to future,and while you obtain the quantity, you may make investments into some GSEC / ETF that week or month.(that is assuming you actually want to unfold out your investments,and NOT do a lumpsum into GSECs/ETFs proper now.)
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I might counsel to park the foremost half in financial institution FDs and a few half in balanced MFs. Other than that gold bonds and non taxable bonds are additionally choice.Parking some cash in blue chips also can carry good returns in future.
Mov the chunk to a liquid fund with maturity 90 days , guarantee to have 0 exit load and low TER.Them setup STP fr Liquid fund to MFs as per your liking…I take advantage of Liquid funds as a parking space for my funds
