How does it impact my lifestyle? Or Do I even need to bother about people having 1000 cr?
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@devarshi19 thanks bro
@devarshi19 where do you see this?
How do you analyse the gain or loss?
@vineetjaiswal17 I agree that is what my father does today. I completely agree with you. Even I will prefer the way protect my capital in the same way. We do not need growth in those years.
My suggestion would be to have equity exposure on less than 5% total fund.
I believe he has monthly pension and that is sufficient for living.
If it is not then plan to buy annuity plan with joint life and return of premium option.
Create three bucket approach
Emergency: liquid ...
@kshitijbardia bad suggestions equity exposure to be minimised during retirement. It should be debt oriented portfolio.
Another advise not to take decision on behalf of your parents and let them do what they want to as they are very much capable and experienced. Do not ask such questions on social media as you might be manipulated and eventually they will manipulate your father for higher returns.
My short answer is to hire qualified financial adviser for guidance. Do not put retirement income for risk. Risk should be taken on money which is not required for long periods only.
@paulgeorge777 I am actually unsure why I have decided to keep it at 8%.
Also I want to tell everyone that I invest in direct mode of mutual funds as 1% extra for long time will make big difference. So I use coin from zerodha. Now Mirae asset is coming up with direct mutual funds in their mstock app.
It says it is trying to break the channel so probability is that it will break out this time with volume and it will not stop further.
@ravimohril what is that?
@rishabhsehgal21 sure
@shubham94 yes not to time the market thanks for advice
@sshreesha kept it less I am unsure of what should be the ideal weightage and why?
@sshreesha just to have exposure of emerging markets too along with USA.