Where to invest cash right now?
I’ve around 30L of cash. What’s the best place to invest? I’m worried about the volatility of the market.
Keep it liquid. Liquid funds with low exit load. Idk the US market crash might ripple to India. Not financial advice.
xcalabarat
Stealth
2 years ago
Park it in debt as per your risk appetite and start a stp for nifty. Don't try timing the market, it never works out.
MetalalGada
Student
2 years ago
Don't invest. YouTubers are just fooling you. Keep it in FD. (inflation is all bullshit) (I can guarantee you, you will lose more by investing than the effect of inflation).
Smartfella
Stealth
2 years ago
Pretty bad advice but Tera kya tu toh abhi abhi career start kar re you will get to know the benefits of investing. Also putting it in fd is also investing albeit for low but risk free returns.
Kabuta
Stealth
2 years ago
This student has tooo much knowledge. Pls take credibility into account instead of plain stupid opinions
showrunner
Stealth
2 years ago
Check out alternate investing platforms, can help you understand the same.
Some platforms I know of:
1. Leafround.com
2. Jiraaf.com
3. Tradecred.com
4. Klubworks.com
Smartfella
Stealth
2 years ago
Ye mat kiya kar bhai. They are not as regulated as stock market under SEBI.
See more comments
Markets will always have volatility. If you are concerned about volatility then you can invest in index funds.
Smartfella
Stealth
2 years ago
How much is 30 L for you also matters, ek saal ka kamayi? Toh ek saal ke time frame 'stp' ke route se invest kar sakte ho or if it is multi years worth toh you will have to diversify into bonds/ debt / equity/ SGBS/ T bills etc.
Kabuta
Stealth
2 years ago
First off. Asking life changing financial advice from bunch of nobodies hiding behind a pseudonym is a bad idea. No shit you don’t do this on Reddit. Second simply start buying SIP (weekly) into index funds. No lump sum. Nothing beats dollar cost averaging and nothing beats the index
not an expert but i see FD rates are at a ath its 7 % now and last year nifty gave me around 7 to 8 percentage so if you're worried about volatility or market in general this would be a right time to park it in fd until the markets are back to normal
Buy some Gold bonds, get discount on taxes and them maybe invest the remaining in real estate if you’re around in a metro city. Do some proper research before buying. Check the mother deed and stuff if it is not a verified seller like Purvankara etc.
SpongeBob
Stealth
2 years ago
You can invest at 12 % club
Which gives you 12% returns and interest is credited daily to your account
And you can also withdraw instantly without any penalty
https://twelveclub.onelink.me/2Cmd/42v8s2fq
Park in RBI bonds. Backed by govt of india ... so safe plus interest yield of approx 7% p.a. plus
Highly liquid so you can withdraw & put it in the markets in case there is a severe fall
30% in Mutual Funds. 20% in FDs. Keep the rest liquid (in hand) just in case. Never go 100% on MFs or equity with no back up funds because cash crunch do happen n you’ll be screwed.
You should invest in equities/mutual funds only with a investment horizon of 7-8 years.
Its a long time and absorbs all the market fluctuations.
MetalalGada
Student
2 years ago
Lol
You can contact me on telegram if you are interested I can guide you
