CosmicPenguin
CosmicPenguin
Student

What's the Best Way to Invest Money Earned from Internship and Other Sources?

Hello,

I'm curious about your insights on smart investment strategies for the money I've earned through internships and other sources. How can I make the most of these earnings? I'm open to suggestions and keen on learning from your experiences. Thanks in advance for your valuable advice!

11mo ago
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JazzyBurrito
JazzyBurrito

Connect with me. I am a financial planner and can guide you in detail.

CosmicPenguin
CosmicPenguin
Student11mo

Don't have enough grapes 🍇

SwirlyTaco
SwirlyTaco

@SleepyChurn

Have money, but no grapes! A sign of the times.

SwirlyTaco
SwirlyTaco

Start a monthly SIP in a large cap MF / Nifty50 ETF.

For whatever you can afford.

CosmicPenguin
CosmicPenguin
Student11mo

Hmm let me do some research into this.

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I have 50L to invest, suggest me ideas

I have 50 lakh of savings in my bank

I want to invest it to maximize earnings, where should I invest?

My current plan:

  • Invest good part of it in mfs(15 to 20% return)
  • Invest other in FD
  • I’m also considering buying Vanguard S&P 5...
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