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Monthly cash flow

Discussion in 'Technical Analysis' started by 1sreerajvs, May 18, 2023.

  1. 1sreerajvs

    1sreerajvs Member

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    In searching of improving my monthly cash flow, I go through several topics like SWP in mutual fund, IDCW-interim, buying high dividend paying stocks... Etc. I plan with buying HDFC Balanced Advantage Fund IDCW Is it a good thought. Will you please suggest some ideas
     
    1sreerajvs, May 18, 2023
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  2. shabbir

    shabbir Administrator Staff Member

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    Never ask an equity investor on this because I have not been able to convince myself to invest in products that can't generate returns better than equity investing.

    In the market you have so many products and you will find people selling them and people falling for it in the name of diversification. People invest in FDs because they need diversification.

    Now consider one more such term as monthly cashflow. Can't you just sell one share of one of your holdings as and when you need cash? Whats stopping you from doing it.

    Similarly, when you need dividend, sell one stock. Like for example if I am invested in Asian Paints and if I need money, I sell 1 share of it than to invest in a company that will not grow.

    Again, my views are biased towards equity and I like to follow Warren Buffett who also does the same.
     
    shabbir, May 19, 2023
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  3. laveshdixit

    laveshdixit Responder

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    My reply may not be biased towards equity. My father was evaluating an option of regular cash flow, and I started evaluating HDFC Balanced advantage fund (dividend), and that happens to be a very good option. Consistent dividends given over multiple years. Has been a good performer all throughout. I suggested my father to go with the same.
     
    laveshdixit, May 19, 2023
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  4. 1sreerajvs

    1sreerajvs Member

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    Thanks shabbir Sir & laveshdixit for your valuable suggestions. Actually I used some Positional trading setup for cash flow, but some times due to job schedule I cant make a setup for it, sometimes it will go wrong:). So I looked alternate method. once again many thanks for the prompt reply.
     
    1sreerajvs, May 21, 2023
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  5. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, May 22, 2023
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