What is the worst financial advice you have ever received?

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Last Comment 2023-09-03

2022-02-14

The worst financial advice I got was to intentionally get myself in debt so it would “motivate” me to sell more.

Just stupid.
— Make More Money :chart_with_upwards_trend: (@incomenator) February 1, 2022

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https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8265773

BlueFlash

2022-02-14

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LIC policy is the best investment

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8265775

saucap

2022-02-14

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Kyunki tumne le li apni LIC 😛😛

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kukdookoo

2022-02-14

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Market aur girega wait karo

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8265901

drsa478

2022-02-14

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Market will bounce back. Don’t sell. 🤦‍♂️

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8266246

BAT_MAN

2022-02-14

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To buy Gitanjali Gems

😞

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8266370

PappuPager

2022-02-14

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bftb

2022-02-15

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Sir yes loan EMI is a bit more but you can always get a new job with hike

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8268881

looter143

2022-02-16

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papa gift me a piggy bank & suggested to put all my money.😭😂🤣

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8269284

loadbalancer

2022-02-16

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To the moon 🌕 🚀🚀🚀

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8270131

Joker_Phodger

2022-02-16

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bahut bura huaa bro
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same mere saath v🥲

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DeciDeaim

2022-02-16

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You have to earn money for a living

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8270128

Joker_Phodger

2022-02-16

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just 'HODL'......bc isi chakkar me i m at 70% loss now🥲

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8270548

Kochiro

2022-02-17

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the easiest way to get tax cuts is to get a loan 😛

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8273243

sdfatale00560

2022-02-18

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Apply for Paytm ipo

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8273502

amitblasters

2022-02-18

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Started a SIP of 2000 rupees in mutual Fund 8 years ago. Money got double in 5 years.

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276375

xuseronline

2022-02-20

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How is it bad sir?

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ASH13

2022-02-20

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Invest 7.5 lk in LIC and get 40lk after 25 years

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8359664

popeyemask

2022-04-04

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What u did surrender or continuing??

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8275747

itscool

2022-02-20

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TATA Capital Business Loan

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276151

anuj4444

2022-02-20

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Bajaj Finserv flexi OD Loan ..

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276379

DarkHorse24

2022-02-20

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Club Mahindra ki membership ke saath iPhone free….. Aaj Tak membership nahi di aur iPhone ke paise kat teh jaa rahe hai account se…….

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276776

offers_123

2022-02-21

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Bought land with Uncle’s advise. Money got struck and real estate is stagnant.

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276869

dexter_greycells

2022-02-21

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“Stay away from credit cards” is by far the worst one I had received.
The advise should have been – “Use credit cards liberally but NEVER revolve your dues / pay partial dues. Pay in full every single time.”

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8276974

srp321

2022-02-21

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and maybe do not do any unnecessary/unwanted expenses; just because there is credit, doesn’t mean there should always be an expense 😝

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CaptainLevi

2022-02-21

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Stocks investing always result in loss. Poor Advice

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8278418

Dimer2.0

2022-02-22

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Purchasing a flat is a good decision 😬

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8278545

ritesh.gupta5555139

2022-02-22

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Invest in luna and nazara tech which has good growth

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8359200

Hit-Man

2022-04-04

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Luna is a good coin. Are you still hodling?

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gandhitejasvi1507

2022-02-22

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Invested in NASDAQ100 and now down by 20% after Ukraine Crises

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8278989

oneka5

2022-02-22

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The whole share market is down due to Ukraine Crises😓

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garamjalebi

2022-02-22

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shaadi karlo beta bohot maal paani milega😀

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8281520

ddude

2022-02-23

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I had a 50,000 fd in one bank.... the bank called me for personal loan upto rs 50,000

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8282342

7H4NO5

2022-02-23

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amitblasters

2022-03-04

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I could have invested more at that time. Just invested 2000 rupees SIP that is why is was worst decision.
it was worst decision because I should have invested 10000 rupees as SIP and I would have made more money. As it was my first SIP in mutual fund. Mutual fund was risk for me.
I did not take more risk. Should have taken risk at that time.

https://www.desidime.com/discussions/which-advice-is-the-worst-you-have-ever-received-about-financial-money-matters?page=1#post_8309092

neo13

2022-03-10

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You don’t make money with investing. The goal of investing is to build wealth. You make money by doing a job or by trading.

Returns in the stock market come in lump sums. Keep investing.