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KnackChap

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  • 2 weeks later...
On 9/28/2024 at 12:07 PM, LordSpymaster said:

Anyone got the Bajaj HF IPO? This is the first one I ever got alloted, already doubled in value :wub:

 

Only IPO I ever got was LIC.

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On 10/9/2024 at 11:15 AM, dante77 said:

@Pushy how you feeling after all those FnO changes :devil:

not affected tho, still making 5-6k daily with less than 500 charges in such a VERY GOOD MARKET ( :devil: ), SEBI can suck my hairy D! :rofl: but, i can heed to the profit being added to main balance on the same time, thats what used to happen before and changes in lot size will make life better as i would have to punch in less lots to gain the higher qty :wink2:

all of this, is thanks to me sticking to Options since the very beginning :puspa:

 

thanks for bumping me here tho, got few questions to ask, related to investing cuz it ain't my forte.

 

1. want to start MF in the name of Wife and Dad, Dad is a senior citizen.

 

i want to start with 9k, with the following distribution of MF

3k each in Low, Moderate and High Risk MF's i.e.large cap BlueChips, index funds, Midcap fund.

 

the confusion: i want to increase this on monthly basis by 10%. i know something called as step up SIP, but i can find it on yearly basis, not on monthly basis. how to do and from where to do?

 

2. SWP! the f is this sheet, can anyone shed a light on this. so far what i have known is, you can put in a lumpsum amount at a interest rate (fixed/dynamic?) and u can set a withdrawal (either monthly/quarterly/yrly) from this amount. 

 

so, the invested amount is generating an interest as well as you are withdrawing some amount from it. Based on SWP calculators available online, u can withdraw the amount for xyz days (which comes in years obviously) and once the invested amount becomes 0, u will still have some amount left. interesting concept, i was testing this with 30L as investing amount and monthly withdrawal of 30k for 9 yrs at 7% interest rate, you would have withdrawn 30L and still left with 13L in account, lol :puspa: 

 

can someone pls explain this, or point me in the right direction?

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  • 2 weeks later...
On 10/10/2024 at 3:12 AM, Pushy said:

not affected tho, still making 5-6k daily with less than 500 charges in such a VERY GOOD MARKET ( :devil: ), SEBI can suck my hairy D! :rofl: but, i can heed to the profit being added to main balance on the same time, thats what used to happen before and changes in lot size will make life better as i would have to punch in less lots to gain the higher qty :wink2:

all of this, is thanks to me sticking to Options since the very beginning :puspa:

 

thanks for bumping me here tho, got few questions to ask, related to investing cuz it ain't my forte.

 

1. want to start MF in the name of Wife and Dad, Dad is a senior citizen.

 

i want to start with 9k, with the following distribution of MF

3k each in Low, Moderate and High Risk MF's i.e.large cap BlueChips, index funds, Midcap fund.

 

the confusion: i want to increase this on monthly basis by 10%. i know something called as step up SIP, but i can find it on yearly basis, not on monthly basis. how to do and from where to do?

 

2. SWP! the f is this sheet, can anyone shed a light on this. so far what i have known is, you can put in a lumpsum amount at a interest rate (fixed/dynamic?) and u can set a withdrawal (either monthly/quarterly/yrly) from this amount. 

 

so, the invested amount is generating an interest as well as you are withdrawing some amount from it. Based on SWP calculators available online, u can withdraw the amount for xyz days (which comes in years obviously) and once the invested amount becomes 0, u will still have some amount left. interesting concept, i was testing this with 30L as investing amount and monthly withdrawal of 30k for 9 yrs at 7% interest rate, you would have withdrawn 30L and still left with 13L in account, lol :puspa: 

 

can someone pls explain this, or point me in the right direction?

:ha:

  • Haha 1
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