I have 15 lakh. Where do i invest for good returns and multiplying my money
I need reliable investment options with less risk
Kendall Carmden
Stealth
a year ago
Give it to me -I'll double in 25 days
Kendall Nadeen
Stealth
a year ago
I have been trading in the market for the past 3 years now if you want to learn and then do it then just let me know i can suggest some resources. But again you will have to do the hard work and trust me it will pay off big time and i am not talking about actively trading you can do it passively and still can compound your money at a rate you would never imagine. But again it's a lot of hard work.
Jordon Vernon
Stealth
a year ago
I just read 1 of your comments that you dont want to invest in the stock market but if you are open to the idea i mean just look into it i am not suggesting you to invest just look into what i am going to suggest with an open mind :)
Jordon Gabriel
Stealth
a year ago
I am curious about this. Please enlighten a bit more on how / what to do for compounded gains in trading
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Kalan Lee
Stealth
a year ago
I don't want to invest in share market or mutual funds. I want to invest in other options. Don't want to hold myself into market trap. Other reliable investment options
Okay then you should go for debt funds. They are not risky and right now they are able to give 8% return if you can find best funds as interest rate peak has came.
Your return can go upto 12-13% in debt funds if you hold for 2-3 years
Open account into 3-4 small finance Banks, who are offering good FD interest of 8.5+%. Distribute your 15 lakh among those 3-4, making sure to keep it at max 4.5 lakhs in one. Upto 5 lakhs is RBI ensured, so you can go for any small Banking, or NBFCs. I tried it too, but those small Banks just don’t let me open bank account easily (they took detail online and will call back, God knows when).
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Jordon Lee
Stealth
a year ago
Have heard Laxmi Chit Fund is pretty good, not sure if they are still around
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