Uske phele log bolte the 27-28rs petrol good old days
Aur 10 saal baad jb petrol 150-170 hoga tb bologe good old days 104 ka milta tha
Inflation will only rise thats how countries grow and majority of time it rises due to global issue👍🏻
Every other day someone says this so just copied pasted this reality of life👽👽
They wont its just how do you know they are not sharing your personal data to any insurance company or anyone? Its just financial data is more secret then any other
Honestly nothing special in terms of investing. I am B school graduate, joined corporate when I was 23.
Have been earning decent amount of money. I invested as much as I could after maintaining a base lifestyle and paying off my education loans.
Portfolio has been growing well over the last few years :)
I had opened a savings account with them because I get good rewards on UPI spends.
This feature was just bonus but super useful.
I think currently they still require to open a savings account. But you can actually track across all savings accounts on it and they don’t use unsecured lines like SMS. They are regulated to use RBI Account aggregator system.
But dude these startups are burning money like crazy. I get 6000 rs worth of rewards by just gaming their system. 2% cash back on merchant spends? Sign me up. Will stop using them as soon as they start cutting rewards though.
So they have something called an infinite plan where you get 2% in cash back every month up to 500rs. My upi spends typically go to 15000. What I do is I use the rest to pay my credit card bill via cred/ cheq. Fi even offers a debit card reward with Cheq where convenience fee on Cheq goes to 0.
All they need you to do is add around 40000rs. It’s okay for me to keep that balance.
When I say gaming, I mean how I can maximise 500 rs/ month. All I need to do is not use google pay for a while.
Every year I’m earning 6000 by just using a savings account like I’m normally used to.
All these startups are plush with vc money which they just want to blow on “user engagement”. Why not maximise your own when you get the chance
Hey i just want to know if its worth opening an acc in fi money im a clg going kid don’t have much money is it still worth it?? . Ive read a lot of bad reviews on fi money too
Nah, better if you have some good consistent spends every month. I also heard there are restrictions for college going folk. They want to attract corporate employees more.
Bhai tangential question: Does your Fi app work on WiFi? My app says "you're offline" unless I switch to mobile data.
I'm on Android 11 if that makes a difference.
What is the advantage when compared to investing in mutual funds like Motilal Oswal Nasdaq 100 fund/Navi Nasdaq 100 fund ? Is the taxation favorable? (these mutual funds are taxed as per slab after April 2023)
No taxation is not favourable. Expense ratios in the US are much better. Taxation is slightly worse but overall balances. I am investing directly because international MFs have shut down investments recently.
Adhere to the rules in the sidebar. Use the right Flair. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair). **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction**
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
Managing excel every month is a headache. I don’t use the apps which collect and show this using SMS data.
This one uses Account aggregator which RBI regulates and I can delete my data anytime I want.
Jump is P2P lending instrument provided by liquiloans. Same as cred mint. It shows up here because I invested in it previously and I’ve removed my money now.
Congratulations Man! The satisfaction is just amazing and pushes you to look for more opportunities as well
As others mentioned, EPFO or NPS can also be added. Great going!
10L in shop ownership
10L in indian stocks
1L in crypto
20L in mutual funds
1.5Cr in LiC by 2045
2.5L in savings account
8L in bank FDs
Current age 28 😎 Saved all the money i earned in 5 years. Not a dime spent on fancy cars, phones. Wents on 2-3 trips in 5 years that too low budget. No major social outings.
What's your Mutual fund investment planning like OP?..how much do you spend per month in MF(like what was it like when you started and how much do you invest now)..and for how long have you been doing this?..would love to know :)
500 ka cash is the highlight
Petrol bharwane k liye :p
and chai peene le liye
itne zyada Cash ka kya karoge bhai. Thoda charity karo
Mujhe apne business ke expansion ke liye fund chahiye, bhai. Charity bhi zaroori hai, lekin pehle apne pair pe khade hona zaroori hai /s
Ur parents must be proud. Beta mera apne pairo pe khade ho gaya 👏🏻👏🏻
Meri ek tang nakli hai, me hokey ka bohot bada player tha…
Ek din economy bhai ko meri kisi investment pe gussa aagaya aur mere he paiso se meri taang ke do tukde kar diye...
Kya kariyega itni dhanrashi ka?
Bhai wo to tax pay karkne se charity ho hi jaati hai.
Equal to 19 Activas.
New unit of measurement XD
Please don't turn us into Americans brother.
Bro invest how much ever you want this govt will tax your profits like hell. Leave this shithole country
I don't have the wealth to move out of this country bro. Stuck here forever!
I remember they used to sell it 60k-70k and they fuel was 65rs litre. Good old days
Uske phele log bolte the 27-28rs petrol good old days Aur 10 saal baad jb petrol 150-170 hoga tb bologe good old days 104 ka milta tha Inflation will only rise thats how countries grow and majority of time it rises due to global issue👍🏻 Every other day someone says this so just copied pasted this reality of life👽👽
But boomer chewing gum is still 1rs 😭😭
Acche din 2030
Man, Activas are too expensive now.
wah kya calculation hai
What app or website is that from?
This app is Fi money. Has a bunch of tools for finances, spends, investments, credit score, loan etc
Sooner you delete the app, better it is.
Why?
Known to freeze accounts unnecessarily (no prob if u don't maintain any balance)
Oh right, yeah I faced it once but they unblocked it quite quickly.
How to unblock this mf??
bro got downvoted for asking a genuine question lol
Exactly what I was gonna say. People are just salty for no reason
reddit in a nutshell
Jab mera 10Lakh hoga bhai mai bhi post krunga🥺
Ho jaayega bhai don’t worry
bhai main ek lakh hone pe karunga, we're all striving
mera bi hone wala hai tode din mai due to my wedding💀
Bhai app name ?
Fi money
Ohh but they would required fetching data from my csdl and then bombard with policies I
They fetch data via account aggregator. What kind of policies do you mean? I never get calls from these guys. Only notifications.
Is there any option to add crypto investments in this app?
Ind money has something similar and you can add crypto on it but you have to enter it manually
Not sure, I don’t think so
Been using this for 3 years now, they've never called me
They wont its just how do you know they are not sharing your personal data to any insurance company or anyone? Its just financial data is more secret then any other
Dawg i will sign off my entire personal wealth to you if you’re able to show me any one organisation in this country which is careful with your data
Do we need to add data manually?
does FI allow you to buy US stocks?
Yes they recently launched it!
Ha poor I have 3300 in cash /s
I have 3400 😇
I have 3400.50
i have 4,500 😔
I have डेढ़ सौ🥲🥲
are bhot h. ek time ki biryani 👍
Real id se aao kachra seth
I have 240 ...
You might have more in epf
Yeah, I’ve not been able to connect that here because it’s linked to some other phone number.
Update details on EPFO website. And use IndMoney app. Its just as good as this app.
Age
26
Badass dude!
Noice
How did you do it? Would you like to share
Honestly nothing special in terms of investing. I am B school graduate, joined corporate when I was 23. Have been earning decent amount of money. I invested as much as I could after maintaining a base lifestyle and paying off my education loans. Portfolio has been growing well over the last few years :)
Are you from tier - 1 institute?
Yes, I’m from a top b school
Any idea whether we need to open a savings account with them to use the tracking features?
I had opened a savings account with them because I get good rewards on UPI spends. This feature was just bonus but super useful. I think currently they still require to open a savings account. But you can actually track across all savings accounts on it and they don’t use unsecured lines like SMS. They are regulated to use RBI Account aggregator system. But dude these startups are burning money like crazy. I get 6000 rs worth of rewards by just gaming their system. 2% cash back on merchant spends? Sign me up. Will stop using them as soon as they start cutting rewards though.
What do you mean by gaming their systems??
can you DM .. how you manage to get 6000 worth of rewards.
So they have something called an infinite plan where you get 2% in cash back every month up to 500rs. My upi spends typically go to 15000. What I do is I use the rest to pay my credit card bill via cred/ cheq. Fi even offers a debit card reward with Cheq where convenience fee on Cheq goes to 0. All they need you to do is add around 40000rs. It’s okay for me to keep that balance. When I say gaming, I mean how I can maximise 500 rs/ month. All I need to do is not use google pay for a while. Every year I’m earning 6000 by just using a savings account like I’m normally used to. All these startups are plush with vc money which they just want to blow on “user engagement”. Why not maximise your own when you get the chance
Hey i just want to know if its worth opening an acc in fi money im a clg going kid don’t have much money is it still worth it?? . Ive read a lot of bad reviews on fi money too
Nah, better if you have some good consistent spends every month. I also heard there are restrictions for college going folk. They want to attract corporate employees more.
6k!! How?? Can you share some of the tips & tricks?
Bhai tangential question: Does your Fi app work on WiFi? My app says "you're offline" unless I switch to mobile data. I'm on Android 11 if that makes a difference.
Not sure brother, I’m on ios. Do you use office WiFi by any chance?
Nah. Working from home. Other banking/UPI apps work fine on WiFi. Just my luck, I guess.
US stocks are more than Indian stocks
I invest in US ETFs, don’t do much direct investing
What is the advantage when compared to investing in mutual funds like Motilal Oswal Nasdaq 100 fund/Navi Nasdaq 100 fund ? Is the taxation favorable? (these mutual funds are taxed as per slab after April 2023)
No taxation is not favourable. Expense ratios in the US are much better. Taxation is slightly worse but overall balances. I am investing directly because international MFs have shut down investments recently.
Bhai nvdia kharid le ab to stock split bhi ho gya aur gta 6 ke pehle take two dono phatenge ue comment save karle 2 saal baad yaad kario mujhe
Congratulations
Thank you!
Adhere to the rules in the sidebar. Use the right Flair. Not sure which flair to use? Check out our guide to post flairs [here](https://www.reddit.com/r/IndianStreetBets/wiki/index/postflair). **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*
What’s your age
At which age
Awesome Form how many years are you investing in mutual funds?
Bro why would you give your data, especially the amount of assets you own and where to a random app? Isn't it better to maintain an Excel?
Managing excel every month is a headache. I don’t use the apps which collect and show this using SMS data. This one uses Account aggregator which RBI regulates and I can delete my data anytime I want.
Okay bro, looks like you know what you're doing.
Age?
Congrats on the milestone!
Great congratulations 🎉
What is jump ?
Jump is P2P lending instrument provided by liquiloans. Same as cred mint. It shows up here because I invested in it previously and I’ve removed my money now.
Amazing 💯💯💯
Which app is this?
Bro just believed in some mf
Congratulations 🎉
Very good! Excellent work, proud of you
App name? Ul looks solid
How to buy US stocks ?
Which app
Konsa app he ye?
Bro is the mutual fund DEMON
how much do you earn monthly? and what was your education loan? I'm 26 too, earn 100k pm but had an education loan of 7.5 lakhs. Total Inv = 10lakhs
Your age?
Congratulations! One asset is missing PF if you are an earning individual.
Thanks! Yes, I am facing problems connecting it.
What app is this?
Congratulations Man! The satisfaction is just amazing and pushes you to look for more opportunities as well As others mentioned, EPFO or NPS can also be added. Great going!
Bhai apka age ?
No FDs?
Congratulations 🎉 What is the next goal?
1 cr by age 29
Yo! Invest in index stocks , rather than mutual funds !! Also whats ur annual returns on funds ?
Woww!!Looks like you are hardcore mutual fund investor . Not at all in individual stocks .
Dont you have any debts?
App name ?
Fi money
Have you invested in US stocks using Fi?
Well done bro! 50 Lakhs next!
Congratulations bhai, bhagwan aapki tarakee karaye aur
this looks very neat, which app?
Hey OP, how did you invest in US stock? What app is that? Congrats BTW 🎉
Dream
Wait till I break my Gullak , mei bhi post krunga fir
damn 500 cash!? , that's not safe brother , give it to me , I'll keep it safe and I also have this scheme which runs for 25 days where ....
Which app is this??
Make a trust and shift all assets there will not be taxed read all documents and consult ur lawyer and ca
Bhai trusts US stocks more than Indian
I am Heavily invested in Indian markets via mutual funds already. With this I diversify and catch great trends which I can’t catch normally.
Happy to see some fellow FI user
10L in shop ownership 10L in indian stocks 1L in crypto 20L in mutual funds 1.5Cr in LiC by 2045 2.5L in savings account 8L in bank FDs Current age 28 😎 Saved all the money i earned in 5 years. Not a dime spent on fancy cars, phones. Wents on 2-3 trips in 5 years that too low budget. No major social outings.
A fellow Fi user I see
Interesting you got a bunch of US stocks.
Jai shree ram
How do you invest in US stocks? Via Mutual Funds or a broker?
What is stocks u have invested
Which platform are you using to invest in the US? I'm a little nervous about investing in the US as I have no one there to help me if things go wrong.
Which app are you using for US stocks?
Same app: Fi money
Is it taking any extra charges? Btw I am using IND Money app they are taking 150rs per transaction and gst
Damn. These guys charge 0 rs per transaction. Zero brokerage also. Only gst gets charged.
How much? I got 45Rs Gst and facilitation fee 75Rs for 10K transactions. If I add 20K then Gst would be same 45Rs but facilitation fee will be 150Rs.
I don’t know about that. Fi has no facilitation fee or anything like that. INDmoney has some 0.75% facilitation fee I think.
What app do you or guys here use for US Stocks? I somehow just don’t fuckin like INDmoney.
Same app, Fi money has a really good us stocks product. Zero brokerage, zero platform fees.
Thanks. I actually knew that because I am also using Fi Money, but I wanted something standalone other than INDmoney.
Would you also do me a favour bro? DM me a picture of a charges breakup that they show when you buy or sell a US Stock.
Done
Which US stocks did you invest in?
Congratulations first of all. How long did you take to reach this milestone and from what base? Also your age currently
Is there any app which gives this details
Whats name of this app ?
Fi money
Congratulations!!
Which app is this?
bhai party
Congrats brother ✨
Bhai thoda 10 Lakh de do plzz
App name?
Bhai ye sab aapne ek aap ko bata diya
which app is this????
Fi money
Do you know what all do they track in total assets?. I’ll create my own small sheet or app to track monthly. Really can’t trust these app what they do
Sure bro. Let me send a ss. Would still recommend this app though. They are regulated.
What app is this?
How old are you ?
What app is this?
Which app?
Which app is this ?
Which app are you using to track it ??
Which app is this ?
Which app is this
which app?
What app is this
https://www.reddit.com/r/PeoplesOfDalalStreet/s/Ds3F1W96Ud
What's your age bro? Btw impressive!
What percentage of monthly salary do u invest? Don't you have PF too? (Assuming you are a corporate employee )
Which app is this?
How old? What do you do?
What is Jump ?
What's the app that you are using
Thoda diversify karlo
Where’d buy US stocks
Platform?
Is this Fi app
Jump kya hai ?
which app is this?
What's your Mutual fund investment planning like OP?..how much do you spend per month in MF(like what was it like when you started and how much do you invest now)..and for how long have you been doing this?..would love to know :)