Involving Parents in Investments

[pillirevanth]

We are from middle class. Nanna teacher amma house wife. so nanna ki earning not more than 30k per month. side business lu em levu. so investments kuda chinna chinnave undevi like fixed deposits, 2% financing etc etc. Maa parents aalochana kuda anthavarake undedi. Nenu masters ki vacheppudu kuda appu chesi pampincharu. Nenu vachi 10 years aindi. So monthly lakhs pamputunnanu. Maa nanna 8 years back retire ayina tarvatha kaaleega unte sick avtaru ani finance, investments ki digamannanu. nenu emanukunna ante, 25-30 years exp undi kaabatti they will know more than me about investments. so i never paid attention about where my money is going. Based on my parents knowledge they keep investing on apartments, financing, fixed deposits. E process lo nanna ki konchem sound people friends ayyaru, genuine ae. They are crorepathis. Vallanu chusi nanna kuda pedda pedda investments cheddam antunnadu.

Last 2 years nundi nenu serious ga investments meeda focus cheyadam start chesa. Naaku telsindi entante maa vallu long back 100 rupees unte, investments meeda ela aalochincharo ippudu 10 lakhs unna alage aalochistunnaru.
so our growth chart is not exponential. Ippudu kothaga crorepathis ni chusi valla laaga investments cheddam anukuntunnaru, with out thinking in detail, due to that risk chance ekkuva and peace of mind pothadi ani naa feeling. Retire ayyaka nenedo kaaliga undatam kante entho kontha active undataniki investments route chupisthe ippudu ade fulltime work aindi dad ki. Nanna chese investments naaku nachatle, alagani nenu vere options suggest cheyaleka potunna. 2 years back india poyinappudu cheppina, ippati nundi em invest chesina mundu naaku cheppu ani. Appati nundi chinna chinna differences vastunnayi. amma and nenu same mentality, chusi chusi invest chestam. Nanna ki ego feeling, adi ippudu baaga perigipoyindi. Alage dad ki helping nature konchem ekkuva. Kaaleega unnadu kaabatti business people are trying to make use of it. Ivanni Dad ki ela cheppalo artham kaavatle.
Friends ki chepithe inchu minchuga valla situation kuda alage undi annaru. kondaru friends ayithe india ki pampakudadu ani, option leka stocks lo invest chestunnaru.

How many of you involving your parents in investments directly or indirectly..??

How you overcome the difference of opinions.??

[Rushabhi]

Crorepathis tho friendship valana risk ekkuva petti liquid assets em pettukokunda appula oobhiloki koorukupotharu jagratha. It is always wise to monitor what parents are investing in. Especially if crorepathi friends are involved 

[LazyRaj]

indirectly u gave power of attorney to ur dad.. so stop thinking and let him decide..

otherwise u resign go there and do ur investments.. ikkada kurchuni dad ni puppetlaga undamante ye dad oppukoru..

just my thoughts..

[Rushabhi]

Just now, LazyRaj said:

indirectly u gave power of attorney to ur dad.. so stop thinking and let him decide..

otherwise u resign go there and do ur investments.. ikkada kurchuni dad ni puppetlaga undamante ye dad oppukoru..

just my thoughts..

Other side of the coin naa post choodu 

[LazyRaj]

7 minutes ago, Rushabhi said:

Other side of the coin naa post choodu 

mm 

[idibezwada]

Ageki investment planki link ledu...all my investments are handled by brother and parents...we mostly inverse the story strategy...i.e if one is very +ve abt the investment one will act like he is very -ve abt the plan...so finally investment happens only if one can convince the other....we are clear that there is nothing to get offended..sometimes it takes weeks to conclude..my family used to be little bit scared of my investment plans listening to my cousins/relatives suggestions...but going forward they understood how i think and we are cool now

[littlestar]

20 minutes ago, idibezwada said:

Ageki investment planki link ledu...all my investments are handled by brother and parents...we mostly inverse the story strategy...i.e if one is very +ve abt the investment one will act like he is very -ve abt the plan...so finally investment happens only if once can convince the other....we are clear that there is nothing to get offended..sometimes it takes weeks to conclude..my family used to be little bit scared of my investment plans listening to my cousins/relatives suggestions...but going forward they understood how i think and we are cool now

I liked that  + - idea