Miscellaneous

Where should I invest my monthly income?

by Author

Where should I invest my monthly income?

Best Investment Plan for Monthly Income

  • Post Office Monthly Income Scheme.
  • Government Bond.
  • Corporate Deposits.
  • Monthly Income Plan.
  • Senior Citizen Savings Scheme. Related Articles.

How do you plan investments from your salary?

The remaining 20\% of your income must be saved to build an emergency corpus which is at least thrice your monthly salary. Once that is done, you can start investing. Therefore, your investments in mutual funds should be 20\% of your monthly salary.

Which investment is best in India Quora?

Here is a look at the top 10 investment avenues Indians look at while savings for their financial goals.

  • Debt mutual funds.
  • National Pension System (NPS)
  • Public Provident Fund (PPF)
  • Bank fixed deposit (FD)
  • Senior Citizens’ Saving Scheme (SCSS)
  • RBI Taxable Bonds.
  • Real Estate.
  • Gold.
READ:   How much do FICO and Vantage scores differ?

How should I invest my salary Quora?

  1. Debt Mutual Funds: Invest in good quality Debt mutual fund. Debt investment provides capital protection and guaranteed return compared to equity.
  2. PPF: Public Provident Fund.
  3. Bank Fixed deposits: Bank FDs are the most favorite investment options among Indians which provide guaranteed interest also principal is secured.

How can increase income in India?

Table of contents

  1. Mutual Funds with Monthly Income Plans (MIP’s)
  2. Savings Account that pays high Interest.
  3. Stocks that pay Dividends.
  4. Bank Fixed Deposits.
  5. Real Estate Property.
  6. Monthly Income Schemes of Post Offices in India.

How do I get a 20 return on investment?

You can achieve 20 percent ROI by using debt to amplify the success of your investments, by investing in extremely high cash flowing assets like online business, or by becoming an expert stock investor.

Where is the highest return on your money?

9 Safe Investments With the Highest Returns

  • Certificates of Deposit.
  • Money Market Accounts.
  • Treasury Bonds.
  • Treasury Inflation-Protected Securities.
  • Municipal Bonds.
  • Corporate Bonds.
  • S&P 500 Index Fund/ETF.
  • Dividend Stocks. Dividend stocks present some especially strong options for a few reasons.
READ:   What are good K-dramas for beginners?

What can I do with a 50000 salary?

Here’s a list of jobs that pay more than $50k per year on average:

  • Executive assistant.
  • Warehouse training manager.
  • Sales representative.
  • Equipment service manager.
  • Truck driver.
  • Construction superintendent.
  • Underwriter.
  • Police officer.

How do I save on 50k salary?

How much should you save on a $50k salary? A good saving rule is 20\% of your take-home income. Assuming you pay $10,000 in taxes, 20\% comes out to $666 per month. This may or may not include loan payments and investments.

What is the salary of a GR BTech in biotech engineering?

The demand for GR B.tech graduates in Biotech Engineering is growing day by day as the technological progress keeps progressing. Although your salary can differ across the organization, you can earn an average minimum of Rs 20,000- 30,000 per month.

What are the job opportunities after graduation (BTech)?

Job after graduation (B.Tech)- The job opportunities after B.Tech is a good option. You can enter the software industry according to your specialization provided you possess good communication skills. It is better to get job in a company through campus placements as it is difficult to get job after you are out of the college.

READ:   Is your money safe in Nationalised banks?

What is the salary of a BTech Electronics and communication student?

After completing B.Tech in Electronics & Communication, you can get a starting salary of about Rs 10,000 per month in the government sector. Your salary will increase with higher job profile and with the years of experience.

What is the best way to earn while studying in BTech?

The best way to earn while studying in your B.Tech is get into relevant field or associate fields by doing part time job or weekends job. If you doing mechanical- you can approach service or sales of two wheelers or four wheelers show room by asking them internship.