Financial Discipline

[jajjanaka_jandri]

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 .

[argadorn]

2 minutes 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 .

@idi_Bezawada

[jajjanaka_jandri]

13 minutes ago, argadorn said:

@idi_Bezawada

 

bezawada, financial industry lo working ahh endi?

[Maryadaramanna]

eeda no savings...antha india ki pampude... 

[Spartan]

15% after-tax in stocks. 

6% pre-tax in retirement. 

[idibezwada]

19 minutes ago, jajjanaka_jandri said:

 

bezawada, financial industry lo working ahh endi?

[chicchara]

open ROTH IRA or 401K accounts. contribute Maximum..

[jajjanaka_jandri]

1 hour ago, chicchara said:

open ROTH IRA or 401K accounts. contribute Maximum..

 

1 hour ago, Spartan said:

15% after-tax in stocks. 

6% pre-tax in retirement. 

 

 

just bank lo savings account waste ahh?

[jajjanaka_jandri]

db peddalu @Android__Halwa @psyc0pk @kiraak_poradu

[Spartan]

2 minutes ago, jajjanaka_jandri said:

 

just bank lo savings account waste ahh?

india lo laga ikkada interest raadu. so ur savings will not multiply.

[jajjanaka_jandri]

Just now, Spartan said:

india lo laga ikkada interest raadu. so ur savings will not multiply.

ohh okay bro, ... ye stocks lo you have invested?

 

any suggestions?

[kiraak_poradu]

3 minutes ago, jajjanaka_jandri said:

db peddalu @Android__Halwa @psyc0pk @kiraak_poradu

Sure kaka but I’m not db pedda 

kaka every month  oka constant amount saving account lo padeyyi 

example $600

dont touch the amount strictly

money anthakanna ekuva migilina same amount savings lo veyyi 

jeevitham sankanaki pothe thappa don’t touch saving amount 

note : this suggestion is for savings not investimenti Malla 10gakandi

[Spartan]

6 minutes ago, jajjanaka_jandri said:

ohh okay bro, ... ye stocks lo you have invested?

 

any suggestions?

stock badalu if u have amounts more than 5K or so..

contribute to mutual funds, Fidelity Balanced Fund, or Vanguard etc kind of things..

u might get atleast 7-8% basic returns, market bagunte inka baga vastai 14% varaku.

last year the above mutual funds returned almost 19% and above, offcourse market baugndi kabatti.

but saving s are for long term kabatti...it would be better to put there. stocks are gamble. 

[Chinna_123]

1 hour ago, Spartan said:

15% after-tax in stocks. 

6% pre-tax in retirement. 

every month 15% ahh spartan bro...nuvvu Devudi vi swamy... being a only bread winner with kid

[Chinna_123]

10 minutes ago, kiraak_poradu said:

Sure kaka but I’m not db pedda 

kaka every month  oka constant amount saving account lo padeyyi 

example $600

dont touch the amount strictly

money anthakanna ekuva migilina same amount savings lo veyyi 

jeevitham sankanaki pothe thappa don’t touch saving amount 

note : this suggestion is for savings not investimenti Malla 10gakandi

Bad idea brother.. money here is savings account will not get any interest.. just waste of doing that instead send to India and do a fd on your parents you might get 4-8% I believe