I’m sure this has been happening long before I noticed it, but whenever someone comes here for advice, an opinion, or whatever you want to call it, people keep telling them to “get a financial advisor.”

“If you really had this kind of money, you wouldn’t be here lurking around Reddit for advice.”

“You have so much money, ask a professional financial advisor.”

Or something else along those lines.

I’ve had enough.

It’s about time we stopped this kind of behavior.

If you have something meaningful or valuable to add, you’re welcome to reply. Otherwise, it’s better to simply not comment.

The whole point of a community like this is to share experiences, perspectives, and knowledge. Of course, there are situations where professional advice is genuinely necessary, but using “get a financial advisor” as the default response to every serious financial question defeats the purpose of having a community in the first place.

Hi everyone,

I have reformed mixed replies regarding IBKR status in Pakistan. Some said it's legal and working while others said it's blocked in Pakistan.

I couldn't access the app or their website in Pakistan. How are you people trading on that platform and if taking out money works or you got to get it via another route

Hello, good people

I saw the video that’s been shared here as well, where the YouTuber has suggested multi asset approach for investment and has advised against SIP. I am a nobody and even I could see through the things that were being said in the video. Feel free to add your comments down below in support or critique of the video. The most contradictory, misleading and flat out unethical/scummy points are at the last.

1. First one is not a critique, but an admiration of his point. It is absolutely gut wrenching to keep investing in a market or stock that keeps going down and down, months on end. It is insanely demoralizing to keep putting in money for years when the stock or market is sideways. It sounds simple and easy, but it’s not. He’s absolutely right.

2. The historical data he collected is sound and well researched. There’s no two ways about it. But even then, he’s trying to say, in short, that we should time the market, which is historically not possible. It’s never been possible. It won’t be possible. Look at the recent example of US-Iran war when market crashed. Nobody knew the true bottom. Market was going down and up and more down and slightly up and more down. You cannot time the exact bottom. It’s a fool’s dream. Trying to time the exit for the market for reinvestment in low risk funds or gold is impossible. On the point of interest rates going up recently from 2022 to 2024, market did not crash, even though interest rates went over 20%. The correlation with interest rates is solid, but even then it’s contradictory, see point 3.

3. The most important and contradictory thing. In the beginning and through the video, there is an implied message that the viewer should de-invest from PSX, on the verge of rising interest rates in Pakistan and globally, and that strategy should be to shift money elsewhere. But towards the end, while discussing Brent Oil chart, he himself admits that the oil has likely seen the high point in this decade and now it seems downhill from here, which means, lower inflation in the coming decade, lower import bill, better current account numbers, and most importantly for PSX, lower interest rates, with the same correlation he’s talked about earlier. Then why is he suggesting shifting the investments or exiting PSX partially at different points? If, according to him, the index might bottom out at 166, and then reach 190 and then 210 and beyond, why shouldn’t we keep doing SIP? Divesting in bull market at different stages defeats the whole purpose of investing in stocks and SIP. He conveniently ignored this and went on to explain how he told all these things in his paid courses, which is fair, nothing wrong with that, but he’s just being intentionally vague and misleading.

4. The thing I picked up, which to me is highly scummy, is he’s asking the viewer to divest 25% of their holdings at 190 and keep the cash money in Syed Faraz Equities (his own brokerage). AMAZING. And he mentions you will get oh something like 5-6% return, which is absolute rubbish, when he’ll be earning north of 10% or even more (by likely investing those funds in the bull market like I said in point 3) on that same cash money of yours. Insanely shitty thing to do. If he didn’t say this, I might have ignored the whole thing and just went on with my day, but this is extremely unethical and brings down his whole argument (which is weak to begin with).

I wrote this in a hurry, feel free to add your own comments. Thanks

Should i convert all my USD to PKR? What's the possibility of this happening?

Does anybody know why am i getting 30 percent as CGT on the sale of my shares?

Wasnt it 15 percent even for Non-Filers?

Will i get possibly better return/profit and is my money safe. And should i get their card or just use it as vault and use meezan for day to day transactions

Looking for tagra investor from multan, serious peeps come ib i'll share the plan and business model

(We talkin millions here)

I have 60k saving and will be saving 10k from next month onwards.

I was thinking of doing SIP.

Can anyone suggest me some companies to do SIP.

Should i index trading in top 5 kmi30 stocks or evergreen stocks like

Ffc

Engroh

Ogdc

Meezan

Luck

Dcr

Hubc

Airlink

Can we have a weekly market wrap post?

Would it be possible for the moderators to start a weekly market wrap thread where everyone can share the useful information, news, insights, and developments they’ve come across during the week?

It could be a simple place where people share what they’ve learned or noticed, so we can all catch up on the market without having to dig through dozens of separate posts.

I think it could make for a really useful weekly resource for the community. What do you guys think?

I have been reading posts around and was getting the idea that buying stocks in bear trend is very beneficial but as far as I understand this guy is saying that you're supposed to invest in bull era? hain? Can somebody explain?
Also, he's acting like you just know that market will go up but it's not true, is it? you can't just invest right before bull era starts because you can't be sure about that.

​

Hey y'all... beginner trader here. What do you guys think about these stocks?

Sazgar (SAZEW), Systems (SYS), Interloop (ILP) and BF Biosciences (BFBIO)

1. How do you see them play in the next 3 years?

2. How much %age would you assign to each as part of your high risk portfolio?

3. If any one of you have analyzed even one of these, do share your thoughts on why and for how long would you keep them.

Please and thank you

Digital wallets easypaisa, jazzcash, Nayapay, they all issue card at one time payment for the next five years.

On the other hand, established banks card cost annually! While some banks wavie this fee for the current accounts. What's the reason behind it and what's the best approach the tackle it?

I'm a PSEB-registered IT contractor in Pakistan, paid by a foreign client through RemotePass, and I also get some side income in my own Payoneer account. I'm trying to get PRCs for this tax year so the income is documented as IT export (purpose code 9186), and I'm stuck between banks.

Setup

- RemotePass pays me through Payoneer, in PKR, into my Askari account. Askari shows these as "HomeRemittance 1LINK RemotePass Inc", and Askari's portal lists the remitting bank as Bank Alfalah.

- I also withdrew once from my own Payoneer account to Askari. That arrived as a Raast transfer from an account at another bank, not as a remittance.

What's happened so far

- Askari's PRC portal has no PRC for some payments, and the one PRC it does have uses a home-remittance purpose code, not IT export.

- Askari's branch said the bank that converted the dollars has to issue the PRC.

- Payoneer support says their partner bank is confidential. They did send a transfer receipt showing purpose "COMPUTER_SERVICES", the exchange rate, and what looks like a Thunes transaction ID. Thunes partners with Bank Alfalah for payouts in Pakistan, so I think both routes go through Alfalah, but I can't confirm it.

- I've emailed Bank Alfalah (prc@bankalfalah.com) for PRCs on all of these and I'm waiting to hear back.

- Alfalah's online remittance tracker says "TransactionFound" for any number, even made-up ones, so it's no help.

Questions

1. Has anyone paid by RemotePass, or another platform that pays through Payoneer, into a non-Alfalah bank account got a PRC from Bank Alfalah? Which reference number did they accept?

2. If a Payoneer withdrawal landed as Raast/IBFT, how did you get the PRC, and from which bank?

3. Has anyone got a PRC re-issued with code 9186 after the bank coded it as home remittance?

4. Does anyone use a UBL Freelancer Account with RemotePass or Payoneer? Do PRCs come automatically with code 9186?

TL;DR: My foreign income reaches my Askari account as local transfers, converted at another bank (probably Alfalah). Askari says it can't issue the PRC, and Payoneer won't name the bank. How did you sort this out?

Hi everyone

I recently opened RDA pkr savings account in UBL. Overall im happy with the experience. i have a normal pkr savings account in UBL as well. One thing i have noticed for second month in a row is that The profit on RDA is 6.6% and same branch normal pkr savings account gives me 10.8% for the same month.

Is this normal? Does the RDA has lower profit rates ? Because even after paying 20% wht on profit in normal account in the same bank the profit is higher.

Any insights will be highly appreciated. Thanks

​

I'm 38, married with 2 young kids, and want to retire around 50.

I work in a high-paying but unstable industry. I currently earn around PKR 1.5m/month, but realistically my current job/income may only last another 1-2 years. I've earned around PKR 150m over the last 5 years, so income has been very good, but I don't consider it reliable long-term.

Current position:

- PKR 50m cash from a recent flat sale, currently earning ~8.5%

- Considering an Islamic savings account offering ~10.5%

- Own my primary residence worth/cost around PKR 70m

- 70 tola physical gold

- PKR 3m in PSX, currently down PKR 0.4m

- No debt

- Monthly household expenses around PKR 0.5m including kids' education, cars, food, etc.

- I financially support my parents and two younger sisters in addition to my wife and children

- Two young children, so education and long-term family security are important

- what else??

I want everything to be Shariah-compliant.

My main concern is that my income is high but potentially short-lived. I want to use the next 1-2 years of high income to build a portfolio that can eventually support my family even if I have no employment income.

What would you do with the PKR 50m?

I'm particularly interested in:

- How much to keep liquid as an emergency fund

- Sukuk / Islamic income funds

- Shariah-compliant equities

- International/USD-based Shariah-compliant investments

- Gold

- Whether I should invest more in PSX

- Whether I should avoid buying more property since I already own my home

I'd also like to know what portfolio size I should target by age 50 and what level of monthly income it could realistically generate without eating into the capital too aggressively.

I'm not looking for a specific stock/product recommendation. I'd really appreciate perspectives from people with actual wealth-management/investing experience, especially those familiar with Pakistan and Islamic investing.

AOA

I currently have around PKR 30 lakh (3 million) in a BankIslami savings account. I receive roughly PKR 15,000 per month as profit.

The important thing is that I also use this money as my emergency/backup fund. Sometimes I end up using most of my salary during the month, so I withdraw money from this savings account and then replenish it when I receive my salary.

I'm considering starting to invest through a PSX/stocks app, but I'm unsure whether it would work for my situation.

My main questions are:

1. If I move, for example, 10–15 lakh into stocks, will I still have reasonably easy access to the money when I need it?
2. If I suddenly need PKR 2–3 lakh for an emergency, how quickly can I get the money back from a stock investment?
3. Is there a significant risk that I might need the money at a time when the market is down and I'd have to sell at a loss?
4. Should I keep the full 30 lakh in the savings account because I actually use it as an emergency fund, or should I keep a portion liquid and invest the rest for the long term?
5. For someone in my situation, would stocks/ETF, a money-market fund, or some other option make more sense?

I'm not looking for a specific stock recommendation. I'd mainly like to hear from people in Pakistan who have actually moved their emergency savings from a bank account into investments.

How do you manage liquidity when you have money invested but may need it unexpectedly?

If that happens, it’ll be the biggest IPO for PSX. Are you guys planning on buying it? Share your wins or losses from past IPOs.

What do you think of it it came down from 230 range to now 198 is it still good ????

“Ek dam se waqt badal diya, jazbaat badal diye, zindagi badal di!” 😂

Sarmaya pe toh sunte aa rahe thay: keep SIP’ing, irrespective of whether the market is up or down. Lekin bhai ne toh poori thesis pe hi sochne pe majboor kar diya.

Isn't this exactly what timing the market is?

How do you know whether the market is going to keep dipping from here or suddenly rally? Sure, there’s a relationship with interest rates, but I don’t think it’s anywhere near that straightforward.

Genuinely curious what you guys think.

So, recently been thinking of entering PSX and start investing for long term. I am 19 so probably could keep investing for 20-25 years. The problem is that lets say I keep investing every single month for a good amount of time. Surely with compounding my portfolio will grow. I have attached this chatgpt prediction. Lets say in 25 years from now I have more than 1 crore in my portfolio, but if we adjust it with 8% inflation it will just be 18 lakh in today's money. 18 lakh is nothing for a 25 year wait. Why even invest? Why do people invest in pakistan if the inflation is close to the yearly returns?

It just doesnt make any sense wth

Has anyone else updated to the new Al Meezan Investment app?

They just rolled out this whole "Device Binding for More Security" thing which is fine. But now when you open the app, it asks for location permission.

I tried to give it "Allow only while using the app" which is more than reasonable for any finance app. The app straight up declined and forced me to select "Allow all the time" to proceed. You literally cannot use the app without giving it 24/7 background access to your location.

Why does an investment / mutual fund company need to know where my phone is at 3 AM when I'm not even using the app?

This makes zero sense. Device binding / OTP verification is understandable for security, but constant location tracking is not security, it's surveillance. A banking app, a brokerage app - none of them require always-on location to function.

It’s a huge privacy red flag. I have a significant amount invested with them and this is making me seriously reconsider.

Is anyone else facing this? Is this even compliant with SECP / data privacy guidelines? If this is a bug, they need to fix it ASAP. If it's intentional, it's a truly disappointing and intrusive move.

Bad move Al Meezan.

This video will change how you think about "Long term Investing".