How can I double my money in 1 month?

Here are some best 5 ways to double your money fast.

1. Stock Market. Investments made in the stock market have always given a high rate of returns to people.
2. Mutual Funds (MFs)
3. National Savings Certificates.
4. Corporate Deposits/Non-Convertible Debentures (NCD)
5. Kisan Vikas Patra (KVP)

How do I double my money day trading?

15 Ways to Double Your Money in a Day

1. Invest in Stocks. If you want to make money quickly – investing in the stock market could be one option.
2. Invest in Retirement Accounts.
3. Invest in Cryptocurrency.
4. Invest in Real Estate.
5. Day Trade Stocks.
6. Open a High Yield Savings Account.
7. Start Flipping.
8. Start a Small Business.

How fast can I double my money in the stock market?

Using a short cut estimate known as the Rule of 72, that means by investing in a broad stock market index, your money has a decent chance of doubling somewhere in the vicinity of every 7.2 to 8 years.

How can I double my money in one month in India?

Here are some options to double your money:

1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
2. Kisan Vikas Patra (KVP)
3. Corporate Deposits/Non-Convertible Debentures (NCD)
4. National Savings Certificates.
5. Bank Fixed Deposits.
6. Public Provident Fund (PPF)
7. Mutual Funds (MFs)
8. Gold ETFs.

What is the best way for intraday trading?

Best Intraday Tips: Intraday Trading Tips and Strategy

1. ✔ Choose the right stocks.
2. ✔ Freeze the entry and exit price.
3. ✔ Always set a stop-loss level.
4. ✔ Book profit when the target is reached.
5. ✔ Always close all your open positions.
6. ✔ Do not challenge the market.
7. ✔ Research your target companies thoroughly.
8. ✔ Time the market.

How can I double my money in NSE in 10 years?

You can see NSE crossed double in the last 10 years. The last 1-year return of NSE is 12.40\% and in the last 2 years generated a 26.5\% return. You can expect to double your money in 3.5 years, however, I would recommend investing for long-term (more than 5 years) in stocks.

How long does it take to earn Rs 2 lakhs in FD?

Assuming your investment in a Fixed Deposit at an interest rate of 6\% p.a. then according to Rule 72, the formula is 72/6 = 12 years. This means if you invest Rs. 1 lakh in FD today, it will take 12 years to become Rs. 2 lakhs.

How much will it take to Double Your Money in FD?

This means if you invest Rs. 1 lakh in FD today, it will take 12 years to become Rs. 2 lakhs. Let’s apply Thumb rule in a reverse way, if you wish to double your money say in 5 years, then you will have to invest money at the rate of 72/5 = 14.40\% p.a. to achieve your target.

How to Double Your Money in 5 years?

Let’s apply Thumb rule in a reverse way, if you wish to double your money say in 5 years, then you will have to invest money at the rate of 72/5 = 14.40\% p.a. to achieve your target. This means you have to invest money in those financial products that will give you a return at 14.40\% per annum. #1.