Quick Answer: What Can I Do With 50000 Rupees?

What should I do with 50000 dollars?

Nine Ways to Invest $50,000Individual Stocks.

Individual stocks represent an investment in a single company.

Real Estate.

Individual Bonds.

Mutual Funds.

ETFs.

CDs.

Invest in Your Retirement.

Taxable Investment Accounts.More items…•.

How can I invest 50000 rupees in share market?

The best way to do so is to invest gradually. If you have Rs 50,000, don’t invest it in the market at one go. Put it in a fixed deposit that allows you to make withdrawals. Every month, withdraw Rs 5,000 and deposit it in a mutual fund of your choice.

What can I do with 2 lakh rupees?

5 Best Investment Plans in India 2020 Between Rs 1 – 2 LakhsPublic Provident Fund. The Public Provident Fund or PPF is a kind of investment tool which helps individuals to save their hard-earned money for over 15 years. … National Savings Certificates (VIII Issue) Account. … Fixed Deposits in Banks. … Mutual Funds. … National Savings Time Deposit Account.

How can I double my money?

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items…•

Which share is best to buy?

List of best stocksSLNameSize1ICICI SecuritiesMid Size2Dolat InvestmentsSmall3IOL Chemicals & PharmSmall4Manappuram Finance LtMid Size3 more rows

What’s the best investment?

Here are the best investments in 2020:High-yield savings accounts.Certificates of deposit.Money market accounts.Treasury securities.Government bond funds.Short-term corporate bond funds.S&P 500 index funds.Dividend stock funds.More items…•

What is a good way to invest 10000?

Below are some of my best recommendations for how to invest 10k.Stash it in a high-yield savings account. … Start or add to your emergency fund. … Try out a self-directed brokerage accounts. … If you’re a beginner, stick with mutual funds and exchange-traded funds (ETFs) … Use a robo-advisors for hands-off investing.More items…•

Is 1 lakh a good salary?

1 lakh is not a small amount of money but it entirely depends on your lifestyle. If you try to live a high end lifestyle, spending more than 80% of your income living that life, then 1 lakh will seem less. … Money is always relative be it in case of salary or luxury.

Where can I put extra money?

High-yield savings account. … Certificate of deposit (CD) … Money market account. … Checking account. … Treasury bills. … Short-term bonds. … Riskier options: Stocks, real estate and gold. … 8 places to save your extra money.More items…•

How can I invest 50000 Quora?

Some of the investment options are:Mutual funds.Bonds.Stocks.Fixed Deposits.Public Provident Fund.Initial Public Offerings.Equity Linked Savings Scheme.Unit Link Insurance Plans.

What can we do with 1 lakh?

10 Best ways to Invest 1 Lakh for good returns1 Mid-cap, Multi-cap Mutual Fund. The first best way to invest 1 Lakh for the good returns is Midcap or Multi-cap Mutual Funds. … 2 ELSS. … 3 Balance Fund. … 4 FMP or Debt Fund. … 5 Equity. … 6 Public Provident Funds. … 7 Sukanaya Samriddhi Scheme. … 8 Bank Fixed Deposit & Tax Saver Deposit.More items…•

How can I multiply money fast?

Here are some best 5 ways to double your money fast.Stock Market. Investments made in the stock market have always given a high rate of returns to people. … Mutual Funds (MFs) … National Savings Certificates. … Corporate Deposits/Non-Convertible Debentures (NCD) … Kisan Vikas Patra (KVP)

What should I invest 5k in?

7 Best Ways to Invest $5,000 of Your SavingsResearch online investment firms.Consider investing in a Roth IRA.Invest in actively managed mutual funds.Go for index funds.ETFs.Save with an online bank.Think about certificates of deposit (CDs) or money market accounts.Being Smart About Risk.

How can I earn 1 lakh in a month?

For trading business, you need to have your Demat &Trading Account. This is one of the Best method out of 11 Best & Real Ways to Earn 1 Lakhs Per Month Online. Online Selling is the best and simplest method to earn money online. I am sure you all must be aware of Online Selling, If not, I will let you know the same.

How can I earn monthly income in India?

How to Get Monthly Income from Investment in India?Mutual Funds with Monthly Income Plans (MIP’s) … Monthly Income Fixed Deposits Schemes. … Pradhan Mantri Vaya Vandana Yojana (PMVVY) … Post Office Senior Citizen Savings Scheme (SCSS) … Stocks That Pays Dividend. … Importance of Monthly Income-Generating Schemes.

How do I invest wisely?

Use these 7 simple principles to save and invest money wisely:Start investing as soon as you begin earning. … Use automation to stay disciplined. … Build savings for short-term goals and emergencies. … Invest money to accomplish long-term goals. … Leverage tax-advantaged accounts for faster results.More items…