DancingRaccoon
DancingRaccoon

Where to invest 10L?

Received a lump-sum amount of 10L by selling an asset. What investment options do I have? Just for reference, I’m 30 now.

Note - might have my wedding in the next couple of years, so I’m thinking 5L I’ll do FD (let me know if there are better short-term investment options).

What can I do with the remaining 5L?

6d ago
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PeppyHamster
PeppyHamster

Go for bonds with 11 to 13 % ROI buy them. Govt or private is fine, just see for how the company reliabilities in Google search.

Go only for 5 , 7, 10, 13 years bonding period with no taxes cut

Or

Investment in land or buying apartment could be fine idea

Or

Go for non physical gold bonds which can purchased and kept stale and can be sold whenever required for your needs

Think before you invest!!!

Do not give to your friends or relatives for finances 💯 your💰 will be flown 💸... Tc

Gif
PerkyKoala
PerkyKoala

Invest in enquiries for the long term only like minimum holding period should be atleast 5 years. For short term gains prefer either government bonds or hybrid mutual funds which may give 8-10% returns better than FD

SillyPenguin
SillyPenguin

Physical gold

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Investment ideas

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.