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JazzyMarshmallow
JazzyMarshmallow
Stealth

Lump sum investment

I want to invest my lump sum bonus of around 6 lakhs but market is at all time high. Where exactly to invest for maximum return? able to take risks.

11mo ago
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WigglyRaccoon
WigglyRaccoon
Google11mo

Wait let market come down then you can divide some in small & remaining in Mid cap MF.

WigglySushi
WigglySushi
Stealth11mo

@Gonzi7 when can you think market will come down?, whenever I see graph it is all time high or near of it. I think we can never say that market is down at this time. BTW I am new in this investment world.

WigglyRaccoon
WigglyRaccoon
Google11mo

Give it a sometime, either of Houthi rebels strike some ship or Feds do some correction etc.

But after Ram mandir day, Market will rally again to highest. So you need to wait.

SleepyTaco
SleepyTaco
Tatvasoft11mo

Index funds, and don’t try to time the market, invest in parts and across a fixed time frame

GroovyCupcake
GroovyCupcake
Stripe11mo

I would suggest starting an SIP or invest 15-20% every month so that the whole amount is spread out over a few months and you don't get off on the wrong end. Park the money in FDs of the size of your monthly investment you want to make and evrry month you can break one FD and invest.

TwirlyWalrus
TwirlyWalrus
Walmart11mo

If you are okay with long term investments, invest in ELSS, get tax rebate and your money gets doubled in 5 years, sometimes in 3. For most stable returns, wait 10 years.

SquishyRaccoon
SquishyRaccoon
Accenture11mo

If you have senior parents or trusted senior person , open scss

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