What should I do now on investment?

posted by What should I do now on investment?

My liabilities are over.

I have 1 flat (no loans). Not on rent.

I have 50 lacs in bank in FD.

I have 10,000 KD in Kuwait bank.

Plan to stay in Kuwait another 5 years.

Invested in mutual funds approx. 10 lacs thru a financial planner.

My financial planner says to keep on investing more and more.

Advise please.

Like 0   DisLike 2
Posted On 1/7/2019 4:51:25 AM by sundaran

why u waste time here, man, go to india, and enjoy life is short, so laugh be merry. and don't forget to help the poor people in india. Make somebody happy every day by giving some food or clothes or any kind of help... do man. this is the time to settle back to india. the financial planner never tell truth, he always tell put more , more, because he get more benefit. Mutual funds are risk, you have to watch everyday, its best to withdraw that money, when the share is in high rate, and buy couple of flats in your area, and give for rent. nothing to worry, you will get a good income every month. and stay home.
This is my advice! accept or not dosen;t matter. But think abt this...

Posted On 1/7/2019 10:06:02 AM by Scorpio

You will stay for another 10 years, unless u get a better job in India or some other place.

Posted On 1/7/2019 9:07:37 PM by Advisor

No guarantee for our life or money... No guarantee that we will live tomorrow. So better don't plan so much.. live today.. of course you need saving but don't waste time in planning after 5 years... whatever in this world will vanish .. make sure you go to heaven after your life here....God bless

Posted On 1/7/2019 9:23:02 PM by depressed

u have flat dead investement..if in kerala.. sell within the first 5 years to make a profit.. otherwise not much appriciation.. however if in bangalore or mumbai..yes u can expect some good returns .. 50 lakhs deposits ..banks give u max of 7.5 to 8....that works around to 30000 a month... will u be able to survive on that....10000 in kd... zero intrest ..just sitting in bank... no use...there is basically nothing u can do without spending time on it.. for example.. sharemarkets.. not for people with 7 to 5 jobs.. u cant watch the market carefully every min to make a profit..safest invstment... put the 10000 gain investments.... work for another 5 years.. save some more.....ur indemity included.. that should bring ur overll bank deposits to over 1 crore.. thats almost 75 to 80 thousand a month.. live well in ur apartment.. if u have some balance after each month.. invest in shares ..like a hobby.. u will have ample free time once u r retired...

Posted On 1/7/2019 9:52:04 PM by What should I do now on investment

@ Sundaran. No question of going back to India since there is nothing I can work. I am in mid 50s.

@ depressed. My property is in western India. I bought the flat to live. Whenever I visit India, I live in my flat while rest of the time it is locked.

@ Scorpio. I plan to stay in Kuwait only for next 5 years and wish to go back.

@ Advisor. The preaching you said looks good for the sake of statement and not practical.

Posted On 1/8/2019 9:23:15 AM by Scorpio

I thought it was a joke. I'm humbled.
Make as much as you can. As some one said, if your other commitments are over (education, kids etc) 1 cr balance would suffice for day to day expenses + a Lil extra for a quick holiday once in a while. You can live a descent life. All the best.

Posted On 1/8/2019 9:07:55 PM by Future planner

@ Scorpio
Could you please just explain a bit.. how to use the 1cr fund systematically so as to live comfortably rest of your life. Imagine that I am aged 50.

Posted On 1/9/2019 7:07:32 AM by spt

why do you trust on the advice of fellow IIK members more than on the financial plan charted out by your Financial planner

Posted On 1/9/2019 10:17:44 AM by ak

invest in sip mode.. mutual fund direct plans. dont put lumpsum in mutual fund. after you go back use swp systematic withdrawal plan for monthly expenses.. some mf providers (amc) gives insurance also with sip..

Posted On 1/9/2019 10:43:20 PM by xxx

have u heard about crypto currencies. Its in the early stages now, so the early adopters will get a nice benefit in coming years.
Have you heard about XRP and Ripple , this is going to be the future of cross border payments.
Just invest 5 lakh INR in XRP (Ripple) crypto, and forget about it for 2-5 years. Your investment will be a minimum of 10X ,
Mark my words, take a screen shot of this page and come back to me after 1-2-5 years,

Posted On 1/9/2019 11:09:24 PM by What should I do now on investment?

I am ready to invest 5 lk in XRP (Ripple) crypto. but I dont know how to do.. I don't mind giving the cash to someone who can do that for me. could you please guide me. Thanks a lot

Posted On 1/9/2019 11:25:57 PM by xxx

i will guide u how to do that if u r interested....
pls send me email to [email protected]

Posted On 1/9/2019 11:37:40 PM by xxx

Guys, this is the right time to enter to crypto space.
Please be informed that NBK (National bank of Kuwait) and KFH already adopted the technology of Ripple and and now NBK offers instant remittance to Jordan using this technology. KFH started instance remittence to saudi and dubai .
In SAUDI, AL-Raji bank using ripple, In UAE, RAK bank, ABUDHABI Bank joined ripple and the netowrk is growing fast. Ripple has now partnership with 200 banks all over the world by end of 2018 and they were expecting to thrible the figure by end of 2019.
This is the right time to get into crypto space now.
Now all the top financial institutions are waiting for ETF approval and SEC favourable ruling to come out ,it will be by middle of FEB 2019 , so u may never see these low prices again .
if u have more queries feel free to email me at
[email protected]

Posted On 1/9/2019 11:42:17 PM by What should I do now on investment?

@ XXX. you are posting the post in my name and you are also answering to my post (posted by you using my nick name).

Gadha kahi ka..

Posted On 1/9/2019 11:46:34 PM by xxx

i never posted anything on others name....may be someone playing around.
don't use abusive words without knowing the facts

Posted On 1/10/2019 10:28:41 AM by interested

@XXX- Leave you name & contact details here. I have taken a screenshot of your comments & want to come back to you in 1-2-5 :years. Without your contact details, how will I do it?

Note: I know you will disappear from this forum or change your name when your prediction fails. Hence, it is not an option

Posted On 1/11/2019 2:22:39 AM by xxx

@ by interested, i dont want to put my contact details on a public forum and these are all not MY predictions, its all predictions by financial,economical ,technological experts predictions and i m just following them , thats it.

If you are interested just read through the internet and do your own research.
And it doesn't matter who is telling what, you have to look at the facts and figures on their statements, still if u want to know my details u can write to me at
[email protected]

Posted On 1/11/2019 11:06:34 PM by ak

please do not invest in anything that doesnt have any intrinsic value. you should be investing on something that has some underlying asset which can be trusted.
crypto doesnt have any thing. when it falls you cant claim anything. if you buy shares of a good company atleast we have that much shares in our hand. also crypto is an offshore account. beware...

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