Financial Discipline

[vendettaa]

7 hours ago, jajjanaka_jandri said:

Guys,

 

How do you save your money? how much of your salary? INdia ki pamputhara, leka ikkada savings account ahh?  Inni days enjoyed full ga.. planning to start saving.. any tips are appreciated .

80% savings and 20% enjoying

edoka property konalani commit avvu ala u will save

[Spartan]

23 minutes ago, Anta Assamey said:

Inka dabbulu ekkada vuntayi ... ippudu ardam ayyindi ... 

  ....ma inti owner gadi bank account lo. 

[jajjanaka_jandri]

1 hour ago, vendettaa said:

80% savings and 20% enjoying

edoka property konalani commit avvu ala u will save

yaa this is a good idea bro

[Anta Assamey]

1 hour ago, Spartan said:

  ....ma inti owner gadi bank account lo. 

US Stock market ni bags poshistunavu .... malli inti owner antav .... 

[SwamyRaRa]

Gp

[Kool_SRG]

35 minutes ago, SwamyRaRa said:

Gp

Kk

[nelaticket55]

Bachelor unappudu all amount transferred to Parents a/c...only basic car,laptop maientanance undedii..after marriage all money for wife..very simple

[BaabuBangaram]

pelliki mundhu 10k inr vachhina 5K migiledhi...pelli tharwatha  60K vachhina credit card giyyalsi vasthundhi

[AndhraneedSCS]

17 hours ago, Spartan said:

15% after-tax in stocks. 

6% pre-tax in retirement. 

Same to Same. 15% after tax in Company ESPP plan. Company will give stocks for 15% discount but we have to hold them for 1year before selling them. 

 

6% pre tax in 401K, for which the company will add 3.5% of salary. If I contribute 6000, Company will add 3,500.

[phatposts]

 

[papampasivadu]

17 hours ago, Spartan said:

are u depressed with ur life or what..

depression em ledhu baa...but ee rotta routine bore kottesindhi

[iam_who_iam]

18 hours ago, papampasivadu said:

oka 6 months ki saripoye amount savings lo unchuko...migatha anta invest...

first preference 401k lo...veelaithe max it out...aa tarvatha kuda save cheyyali anukunte appudu brokerage account open cheyocchu...India lo nammakamaina knowledgable parents unnaru anukunte lands lo invest cheskovacchu

401K lo veysina money company change aithey teesey appudu tax cut aithay anta kada baaga?

[iam_who_iam]

18 hours ago, Spartan said:

for people who are not interested in stocks, mutual funds are better.

Fidelity. https://fundresearch.fidelity.com/mutual-funds/performance-and-risk/316345206

this is one of the example. 

Vanguard: https://investor.vanguard.com/mutual-funds/list#/mutual-funds/name/month-end-returns

you can choose portfolio which u like..

remember risk increase with increase in expected returns..so decide ur self..

balanced portfolio unna mutual fund is safe bet always..though the return might be 2-4% less.. than the aggressive one. 

Bro ee mutual funds ekkada konali? direct aa websites lo konaala or emaina untunda like tradeking laaga? also naaku thakkuva profit vacchina parledu kaani safe ga undali i mean nenu oka 20K veysthey andulo atleast oka 5 years tharuvatha min 20K aina ravali kaani 1 dollar kooda thaggoddu alantivi emaina unnaya mutual funds? ikkadey US lo invest cheyddam anukuntunna mutual funds kakunda inka emi options untay? thanks chitti @Spartan

[papampasivadu]

1 hour ago, iam_who_iam said:

401K lo veysina money company change aithey teesey appudu tax cut aithay anta kada baaga?

No..traditional IRA kindha rollover cheskovacchu company maarithe...paisa karchu avvadhu

[Spartan]

1 hour ago, iam_who_iam said:

Bro ee mutual funds ekkada konali? direct aa websites lo konaala or emaina untunda like tradeking laaga? also naaku thakkuva profit vacchina parledu kaani safe ga undali i mean nenu oka 20K veysthey andulo atleast oka 5 years tharuvatha min 20K aina ravali kaani 1 dollar kooda thaggoddu alantivi emaina unnaya mutual funds? ikkadey US lo invest cheyddam anukuntunna mutual funds kakunda inka emi options untay? thanks chitti @Spartan

u can open account with Fidelity or Vanguard..and buy the mutual funds from there.

i prefer Fidelity. akkada u can choose any type of mutual fund and also view the holdings wichi that fund has.

like medical, energy, gas, oil, blue chip tech etc kind of.

https://www.fidelity.com/mutual-funds/overview 

and put ur money in that fund. they will manage.