Hey, I was thinking of buying a new phone before joining college this year but I guess I should ask my father ( Indian student here ) to not get me the phone but give me the money ( around 30k rs which is around 320 usd ) instead. I would invest 50% of that in nifty50 maybe, 25% in midcap, 25% in smallcap and wait to earn my capital back and finally then get myself a new phone.
How long can i expect that to happen is it really worth it or this amount is just too little and i should probably get the phone and invest maybe sometime later when i have a job.
A new phone is important guys, but I guess I can live one more year with this one.
please forgive and overlook for any mistakes in the use of my vocabulary or grammar.
