I have around 50L to invest. I am little skeptical around making a bulk investment in mutual funds or stocks at this point since most of the stocks are at all time high.
Let me know if this is a better plan:
Instead of the bulk amount in stock market, I will put it in FD as of now. I will opt for an monthly interest FD plan and invest the monthly FD returns in mutual funds as SIP. I could put the FD under under my parents name to have 0 taxes. When there a significant dip in the stock market or if there is a market crash, I could break my FD and and invest them in the US stocks or mutual funds. Will this be a better option? i can be confident that my initial investment could be safe.
Will there be any market crash in near future? (2-3 years)
If u have 50L, please do not consider suggestions from grapevine or reddit. Hire a professional. One suggestion I can give is hire a advisor on per hour or fixed charges and not percent of invested amount
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I Manage funds for clients and advice for personal finance. If you would like to get in touch. We can chat
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I don’t have much knowledge about investing, for now i have following investments
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