I was banned from r/mutualfunds when I suggested a user to study and buy Bitcoin (user wanted to buy into DEBT FUNDS)
 | An Indian investor 31M posted a thread and wanted to completely invest ~$96K (INR 80 Lakhs) into DEBT FUNDS!!! (he already had an Emergency Fund set aside separately). He wanted to systematically invest ~$482 (INR 40,000) per week into 2 separate DEBT FUNDS over the next 2 years. My response on the thread: (for which I was temporarily banned - 30 days) Keep it simple. Study and Buy Bitcoin. At the moment, 1 Bitcoin is ~₹51 Lakhs and the scarcest asset on the planet. Do your own research. How Insane is that? [link] [comments] |
