Which investment gives highest returns?
Ans: Below are the best investment plan with high returns to invest.
- Direct Equity.
- Equity Mutual Funds.
- Debt Mutual Funds.
- SIP and ULIP Funds.
- National Pension System.
- Public Provident Fund.
- Bank Fixed Deposit.
- RBI Taxable Bonds.
How can I get 10\% on my investment?
Top 10 Ways to Earn a 10\% Rate of Return on Investment
- Real Estate.
- Paying Off Your Debt.
- Long-Term Stocks.
- Short-Term Stock Trading.
- Starting Your Own Business.
- Art snd Other Collectables.
- Create a Product.
- Junk Bonds.
Which stocks are good for long term investment India?
List of Best Blue Chip Stocks to Consider
| Company Name | Industry | Share Price as of 2nd October (NSE) |
|---|---|---|
| HDFC BANK | Banking | Rs 1,511.70 |
| Infosys | Information Technology | Rs 1,703.55 |
| ITC | FMCG | Rs 225.75 |
| Coal India | Mining/Minerals | Rs 156.10 |
What interest rate do I need to double my money in 5 years?
14.4\%
For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you’ll need to earn 14.4\% interest annually on your investment for 5 years: 14.4 × 5 = 72. The Rule of 72 is a simplified version of the more involved compound interest calculation.
Which app is best for stock market?
Best Stock Trading Apps 2021
- Fidelity – Best Stock App for Investors.
- E*TRADE – Best App for Options.
- TD Ameritrade – Best Stock App for Traders.
- Interactive Brokers – Best Stock App for Professionals.
- Merrill Edge – Great for Stock Research.
How can I invest 10 lakhs?
Have you invested your Rs 10 lakh in these 10 ways?
- Emergency funds. There can be times when you will be hit by curveballs and you need to be prepared for it!
- Short-term funds.
- ELSS funds.
- High growth funds.
- Gold.
- Public Provident Fund.
- Health insurance.
- Term insurance.
Can I double my money in 5 years?
Double Money in 5 Years If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40\% p.a. to achieve your target.
How can I double my net worth in 5 years?
- Pay Off Credit Card Debt. Interest-bearing loans are a liability and can hurt your ability to boost your net worth.
- Build an Emergency Fund.
- Pay Off Student Loans.
- Max Out Retirement Contributions.
- Live Below Your Means by Cutting Expenses.
- Pay Yourself First.
- Invest in Yourself.
- Keep Money You Have Saved In Places It’ll Grow.
Should I invest Rs 24 lakh in equities or fixed deposits?
While your long investment horizon should make equities an attractive option, the ‘monthly income’ requirement restricts your ability to absorb market fluctuations. Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks.
What should I do with 24 lakhs of savings?
Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks. “Assuming you earn 8\% per annum over 10 years, you could receive Rs 16,000 per month. You could sweep this interest into your savings account every month.
How much should you allocate to stocks?
For individuals with an aggressive risk profile, we would recommend a 70\% allocation to equities, 20\% allocation to fixed income, and a 10\% allocation to gold and other alternative asset classes.
How much should you invest in equities in the New Year?
Assuming that a younger investor is planning to invest a sum of Rs.10 lakh afresh in the New Year, a larger portion, roughly 65\%, of the allocation can be made into equities. The ideal allocation could be 45\% in direct equities, 20\% in equity mutual funds, 15\% in debt (possibly using PPF option), 10\% in gold, and 10\% cash (liquid fund).