Question: What can I do with 50k rupees?

What can I do with 50000 rupees?

Three Smart Things To Do With Rs 50,000

  • Smart Move #1: Prepay your Home Loan. Let’s face it – a Home Loan is supremely expensive proposition. …
  • Smart Move #2: STP into an ELSS. STP… …
  • Smart Move #3: Boost your Insurance Cover. And by that, I mean by purchasing a simple term plan and a health insurance plan.

What can I buy with 50k rupees?

Keeping the budget under Rs 50,000, here are some gadgets that you can bring home this Diwali season.

  • Kindle Oasis. Kindle Oasis Image: tech2/Rehan Hooda. …
  • GoPro Hero 7 Black. GoPro Hero 7 Black. …
  • Echo Plus / Google Home. All-new Echo Plus. …
  • Fire TV Stick (4K) / Chromecast 2 (FullHD) …
  • Mi TV 4 Pro.

How can I invest 50000 rupees per month?

Mutual funds are professionally managed by expert fund managers. You can invest in mutual fund in lump sum amount or through SIP. You can invest a very small amount like Rs 50,000 in monthly SIP of Rs 5,000 and this will make up your best short term investment plan.

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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 will 50000 be worth in 20 years?

How much will an investment of $50,000 be worth in the future? At the end of 20 years, your savings will have grown to $160,357. You will have earned in $110,357 in interest.

How can I invest 50k wisely?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
  2. Individual Stocks. Individual stocks represent an investment in a single company. …
  3. Real Estate. …
  4. Individual Bonds. …
  5. Mutual Funds. …
  6. ETFs. …
  7. CDs. …
  8. Invest in Your Retirement.

What can 30000 rupees buy?

If You Have Only Rs 30,000 To Spend, These Are The Top 10 Smartphones To Buy Right Now

  • OnePlus 3T. The best flagship killer of 2016, everything out of this smartphone hits the right spot. …
  • Moto Z2 Play. …
  • Honor 8 Pro. …
  • Samsung Galaxy J7 Pro. …
  • LG G5. …
  • LG V20.

What can I buy with 35000 rupees?

Here are a few gadgets you can equip yourself with in a budget of Rs. 35,000.

  • Mobile Phone. Nokia E63 – Rs. 12,419.
  • Personal Media Player. GoGear SA5245BT – Rs. 7,205.
  • Portable Gaming Device. Nintendo DS Lite – Rs. 6,500.
  • Speakers. Sonpre S021 Capsule Speaker – Rs. 2000.
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How can I make money fast in India?

Here is a look at 10 investment avenues Indians look at while saving for financial goals.

  1. Direct equity. …
  2. Equity mutual funds. …
  3. Debt mutual funds. …
  4. National Pension System (NPS) …
  5. Public Provident Fund (PPF) …
  6. Bank fixed deposit (FD) …
  7. Senior Citizens’ Saving Scheme (SCSS) …
  8. Pradhan Mantri Vaya Vandana Yojana (PMVVY)

How can I earn 50 lakhs in 15 years?

Assuming an annual return of 12 per cent, your monthly investments of Rs 2,000 would help you to create a corpus of around Rs 10 lakh in 15 years. You must increase your monthly investment every year in line with your salary increase.

Can I start investing with 5000 rupees?

If you can spare Rs 5,000 every month, start an SIP immediately in equity mutual funds. … If your portfolio manages to offer an annual return of 12 per cent, you would be able to create a corpus of Rs 1 crore in 25.5 years. However, this is not an ideal way to invest.

How much money do I need to invest to make 5000 a month?

This won’t get you very far in your long term goals, but everyone needs to save. If you want to save $5,000 per month, think about what your income and expenses are and start saving the difference. Honestly, if you want to reach this $5,000 mark, you’ll likely need to be earning around $10,000 per month.

Can we earn 1 lakh per month in stocks?

Stock market is a place to create long term welth by investing some money on a certain period of time. It is not a income of fixed money. If I talk about day trading so yes here you can earn 1 lakh, 10 lakh Or 1 crore income monthly, but on the same time one can loose 1 lakh, 10 lakh Or 1 crore monthly.

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How can I start buying shares in India?

How to buy shares in India for beginners?

  1. Regularly track the movements of the BSE and the NSE.
  2. Do your research and understand stocks.
  3. Select a good broker.
  4. Get a PAN Card.
  5. Open a savings bank account to transfer money to the broker.
  6. Open demat and trading account.

What mutual fund investors should do?

Investors should not ignore factors such as the fund manager’s credentials, expense ratio, portfolio components, and assets under management. Consider investing in more than one mutual fund to diversify your portfolio and earn risk-adjusted returns.

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