Hey need your suggestions.
I have lumpsum of 5Lakhs, where shall I invest them to get regular returns with less risk.
For a person will limited knowledge about trading, investing etc.
Anonymous
Stealth • 9m
Is there a option to get monthly interest and keep the money safe other than FD?
Hello 👋👋
If Someone has need loan and want at less interest around 8-9% and If someone has money and want to get interest more than 6-7% normally more than Fd so A platform in which we connect two people ,One who want to give money and one who wan
What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns.
His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period)
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7 replies10 likes
Soumya Ranjan Dash
Stealth • 6m
Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs.
Entry level Salary in 2022: around 3-3.5Lakhs.
Inflation every year is around 6-7%.
Yet FD is where 58% of Indians have invested.
FD is safe
FD ensure liquidity
FD return doe
SGB (Sovereign Gold Bond):-
- Backed by GOI. Safe.
- Benefits of Gold price appreciation
- 2.5% interest per annum
- No Tax on redemption
- No making charges
- Tenure: 8 years, exit option from 5th year
SGB is the best alternatives, if you want to
Would you rather pay for streaming services monthly for each one separately (like we do right now) or have a wallet you can top up, money gets deducted automatically when you consume content, thus freeing you from shackles of paying monthly and acces
What are the different things that a teen can try to earn money other than-:
•Freelancing
•Digital marketing
•Content creation
•Dropshipping
Like if someone want to explore something else other than these options?