I have 6 lack saved after ,I been working for 1.5 yrs after my college . I wanted to know about some passive income scheme where I'll get monthly some money 5k .
Any idea on where to put 6 lack to get pass8ve income?
Not sure if you really need that 5k for something or just as an assurance to see money yielding. If it’s later, start building your equity portfolio, with age on your side, let the money grow big. Expecting this decade to show us growth like China had in 90s.
5 lakhs in a good FD, 1 lakh split in stable mutual funds
Keep 3-4L in bank FD as an emergency fund. Invest rest in indexes (N50, NN50), ELSS MFs. If you have time then you can DYOR and get individual stocks
Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself.
I grew up in a family which used to be just above poverty line. My mom had worked a lot to provide making 7K a month. I now have a job that pays 15lpa. Other than good food on table I'm not sure what i should do with the money. I save ev...
Similar background, always dreamt of a decent gaming pc or console. First thing i did after setting up sip was buyi...
Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔
What do you guys do w...
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?
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
