If Have 30 lakhs to invest Please guide me

[lonewolf]

I have 30 lakhs total My issue I don't have proper guidance to invest money. My age is 25.

Thanku

 

[indraneal89]

My two cents: if you want someone to help you, contact a SEBI registered fee only financial planner who can do a deep dive into your expenses, goals and risk profile and give you tailored advice.

 

[Riya]

I have 30 lakhs total My issue I don't have proper guidance to invest money. My age is 25.

Thanku

Since you are pretty young...
Invest in your life first...
Get a term insurance which will be cheaper for you..
Also get a good mediclaim
Secondly put 20% in index
20% in debt funds
10% for emergency funds
20% in blue chip stocks
20% in SGB

 

[jetesh]

I have 30 lakhs total My issue I don't have proper guidance to invest money. My age is 25.

Thanku

Safe play : FD for 2 years @ 8% return.

High Return Investment options ( Span : atleast 5 years ) : Mutual Funds and SIP(s) in multiple companies.

 

[Ankit9792]

I have 30 lakhs total My issue I don't have proper guidance to invest money. My age is 25.

Thanku

Same Here Please Suggest Me Also

 

[Ankit9792]

At age 25, i am guessing you dont have any financial emergency, and your health is good and you dont work in a life threatening job.

Put those 30L in shriram fd for lockin 5yrs. Choose interest on maturity. You will make 3L+ each yr. File ITR with 0 tax each yr. On maturity, get 15L interest tax free. Total 45L+

Repeat 45.75L+ for another 5 yrs, get 24L+ as total interest, file ITR each yr with 0 tax, total 69.77L+ tax free lumsum income in 10 yrs.

Repeat till you need the funds.

Bhai Shriram Finance Safe bhi hai kya mai bhi karne ka soch raha tha

 

[m4b]

Invest in your life first...

underrated advice .

 

[Shin-Chan]

underrated advice .

how to do that @m4b sir ?

 

[m4b]

how to do that @m4b sir ?

Aree sir for upskilling, new experiences such as travelling, new adventure sports etc. Many things are there but our vision is limited to an invisible bubble because of our comfort zone

 

[Shin-Chan]

Aree sir for upskilling, new experiences such as travelling, new adventure sports etc. Many things are there but our vision is limited to an invisible bubble because of our comfort zone

but I am CC Freak wanna be I can think of nothing but getting New or Better CC

 

[m4b]

but I am CC Freak wanna be I can think of nothing but getting New or Better CC

at this age, us bro us

 

[350modena]

I have 30 lakhs total My issue I don't have proper guidance to invest money. My age is 25.

Thanku

Invest in mutual funds - pick a mix of large cap /multi cap / flexicap funds.

Do your own research / consult a qualified investment advisor - as these are subject to market risk. But in the long run these will give double digit returns.

 

[praful47]

Invest in mutual funds - pick a mix of large cap /multi cap / flexicap funds.

Do your own research / consult a qualified investment advisor - as these are subject to market risk. But in the long run these will give double digit returns.

Investing large amounts in mutual funds and all .... And that to as a fresher can make the amount half instead of doubling.

Safest investment are fd , gold and registered properties.

 

[SonyTom]

but I am CC Freak wanna be I can think of nothing but getting New or Better CC

What use is all those CCs if you dont travel

 

[mastfun]

I always bet on land and gold! It has done better than any MFs

 

[praful47]

I always bet on land and gold! It has done better than any MFs

Right !!!
Researching on land rather than mutual funds and stocks would yield more profits .
And risk is 0 .

 

[S D S]

At age 25, i am guessing you dont have any financial emergency, and your health is good and you dont work in a life threatening job.

Put those 30L in shriram fd for lockin 5yrs. Choose interest on maturity. You will make 3L+ each yr. File ITR with 0 tax each yr. On maturity, get 15L interest tax free. Total 45L+

Repeat 45.75L+ for another 5 yrs, get 24L+ as total interest, file ITR each yr with 0 tax, total 69.77L+ tax free lumsum income in 10 yrs.

Repeat till you need the funds.

What about TDS? Here it is being assumed he has no other income and will file form 15g?

 

[Deleted member 26954]

At age 25, i am guessing you dont have any financial emergency, and your health is good and you dont work in a life threatening job.

Put those 30L in shriram fd for lockin 5yrs. Choose interest on maturity. You will make 3L+ each yr. File ITR with 0 tax each yr. On maturity, get 15L interest tax free. Total 45L+

Repeat 45.75L+ for another 5 yrs, get 24L+ as total interest, file ITR each yr with 0 tax, total 69.77L+ tax free lumsum income in 10 yrs.

Repeat till you need the funds.

Income Tax Department ke baare mein suna toh hoga

 

[PrinceHeart]

Bhai Shriram Finance Safe bhi hai kya mai bhi karne ka soch raha tha

Strong past hai. Maine to invest karwa rakhha hai. Baki it depends on personal choices.

 

[PrinceHeart]

What about TDS? Here it is being assumed he has no other income and will file form 15g?

Fill the 15h/g form online, when shriram sends you sms. They will not cut tds. File itr as per annual interest received each year, so it will be below taxable amount. At maturity, get full amount in bank, or re-invest, the interest received will be tax free, cause you have already shown the interest received every yr in the past.

 

[PrinceHeart]

Income Tax Department ke baare mein suna toh hoga

View attachment 59226

Pay your taxes. If its below taxable range, file itr to declare your income, even if tax is 0.

So you will have a way to know where your funds are coming from.