by ZestyNoodleProduct Designer
how to invest
i have around 80k in savings rn, how much of that should i keep liquid and how much should i invest, also where to invest?
my current salary is around 80k as well
WobblyBanana
Best way to keep liquid funds.
I wish to create an emergency fund for my 6 months expenses. Let's say around 3 lacs. Should I opt for FD or some savings account with a high interest rate?
3mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
JumpyPretzel
Stealth3mo
FD- You can always create 6 FD of 50K each, so that you can break a few without affecting other, if you need some amount. Keep it simple.
WobblyBanana
Thanks!
GroovyWaffle
Freelancer2mo
Go for liquid fund they have facility withdraw 50k instantly with 7% rate. Even if you keep money as short as 10 days
DancingBoba
Stealth2mo
There's Money Market funds that give you 6-8% pre-tax interest with an easy liquidity option. You can consider those. Cheers!
Discover more
Curated from across
Personal Finance17mo
by FluffyNuggetPlivo
[Thread] How much are you comfortable keeping in ur Bank account?
As u guys know only 5L is insured, I want to know how much you’re comfortable keeping in account? Maybe someone’s living expense could be 10L a year and they are okay with keeping that as emergency fund liquid, just an instance. But give...
Top comment
At least 3 months of expenses, plus some emergency funds. Unless you have an account in some obscure small bank, don...
Personal Finance12mo
by DizzyJellybeanLicious
Where to invest emergency fund
I have lump sum of 3.6 lakhs in my savings account. Pls suggest where to invest it.
I am thinking of 50% of lump sum invest in FD and 50% of lump sum in liquid funds.
Personal Finance15mo
by SparklyNarwhalSoftware Engineer 2
Short term investments
Where do you all save emergency funds and other savings for short term needs. Let's say if you wanna save some amount of your salary and don't want it in a bank, where would you put that money so it gets better returns than bank and it c...