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Ask EP-111 | Rs 50k Monthly Income Through Investment

Original: Ask EP -111 Investment เฐฆเฑเฐตเฐพเฐฐเฐพ 50k Monthly Income

86.4K views ยท Feb 26, 2023 ยท 14:21 min ยท Watch on YouTube โ†—
Takeaway

Excessive borrowing through personal loans and chit funds destroys savings โ€” debt consolidation and disciplined SIP investing are the way out.

Summary

  • Caller has Rs 2.5 lakh monthly income but Rs 2 lakh outflows from personal loan (Rs 40 lakh borrowed), LAP, EMIs (Rs 60K), and chit fund payments (Rs 1.2 lakh).
  • Advice: avoid multiple property transactions; consider selling existing land of Rs 50 lakh to reduce loan burden rather than juggling.
  • For 15-year stock investing, avoid concentrated small-cap picks โ€” diversified mutual funds are safer for retail investors.
  • Pradhan Mantri Awas Yojana available for first home buyers; for EMI prepayment, reducing tenure generally beats reducing EMI.
debt managementfinancial planningSIP
Original description
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