← back

Ask EP-169 Software Engineer Future Planning

109.7K views · Apr 28, 2024 · 21:09 min · Watch on YouTube ↗
Takeaway

After heavy stock losses, rebuild conviction gradually with small amounts in fundamental research while parking large lump sums in index/mutual funds.

Summary

  • Warns about HDFC Ergo rejecting hospitalization claim citing 'stress/tension' as reason; recommends reviewing/switching health insurance providers
  • 43-year-old IT employee earning ₹2L/month with personal loan EMI ₹30k and ₹20k SIPs in Quant & Franklin small-caps - advised to enhance SIP amounts for retirement goal
  • On ₹50L flat-sale proceeds: advised against deploying lump-sum directly into quality stocks given limited conviction; suggested parking in index/mutual funds while building conviction over 3-5 years
  • Past mistakes flagged: ₹15L loss in ARKM, ₹12L in NBCC, plus 35% drawdown on Adani Wilmar bought on friend's tip
  • Sound retirement plan needs term and health insurance plus disciplined SIPs; build research conviction before deploying large capital into direct stocks
retirement-planningsiphealth-insurance
Original description
To support our channel use the link below
IDFC free Credit Card (Free) - https://wee.bnking.in/ZTFkZTc1
AU Credit Card (Free) https://wee.bnking.in/NmZkNGQ4
You can compare Term Insurance here 👉https://bit.ly/46hsSJA    
You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc
TELEGRAM: https://telegram.openinapp.co/money-purse


You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel
Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance.

Stay In Touch👇
Also connect with us on👇
📷Instagram:  https://www.instagram.com/moneypurseadv/
🕊Twitter: https://twitter.com/Moneypurseadv
📱Facebook: https://www.facebook.com/moneypurseadv/


Thanks for watching..
Team Money Purse

00:00 Atrocity by Health insurance company
02:39 IT employee future planning 
06:53 Exit from Protean eGov Technologies?
07:58 View on Rishabh Instruments
10:02 Right Time To Buy  Insurance Stocks?
12:41 Sunday Funday
13:41 is it good to invest in This NFO?
15:18  Aster dm Dividend update
15:57 300% growth from this TATA stock
18:37 How to generate alpha from Index funds
19:35 Right portfolio selection for SIP