I have around 8 lakhs in my bank account, and I was thinking of buying a car worth around 15 lakhs after 6-7 months. I have a few SIPs that I've been investing in for a long time, and I was thinking of investing this money for the next 6–7 months in these SIPs. So should I buy some kind of dip instead of keeping the money in the bank? Even after short term capital tax, I could get more returns than if I kept it in the bank. Am I thinking this right, or am I missing something? Any other suggestions?
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Buy SGBs from secondary market which end in 6-8 months. On maturity, you get the gains on the gold price applicable on maturity plus tax free and ultra safe as it is RBI.
Hi guys, I have around 4L cash lying around which I wanted to invest. Currently, I think I am in a position to take maximum risks, and see where things go. I also haven’t redeemed the 1.5L tax deduction on Section 80c so PPF and ELSS ar...
Hi all , I have some 10 lacs of savings which I don't want to keep idle in the bank for obvious reasons, I need suggestions on where I can invest for the next couple of years with Medium risk involved. TIA.
Hi folks,
Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount.
But I would still like to know 2 things -
We don’t know your risk profile, but your statement gave me a hint of conservative. For a conservative investor...
I invested around 12 lakh in equities, 5 lakh in debt. Now I have 6 lakhs in savings could you please suggest where I should invest it?