How can I double my money over time?
Key Points
- A 401(k) with employer match might give you an opportunity to double your money fairly quickly.
- The stock market has been a tremendous place to double your money over time.
- There’s even a government bond available that is guaranteed to double your money in a couple of decades.
What business can I start with 50000?
Here you will have ample unique business ideas, to start your best business under 50000 INR….Best Small Business Ideas under 50,000 [Low-Investment Ideas]
- Pottery.
- Cloth Industry:
- Food Service:
- Photographer:
- Chips making factory:
- Designing:
Is it safe to invest 20000 rupees per month in stocks?
It is zero risk investment. Considering you need Rs.30000/- per month for expenses, and you can invest Rs.20000/- per month. As this amount will be savings of your life, so it is not rational to make high risk investment, so plan it accordingly.
How can I invest Rs 50 lakh and earn Rs 50000?
I want to invest Rs 50 lakh and earn monthly income of Rs 50,000. How should I do this? “To earn a monthly, pre-tax income of Rs 50,000 from an investment of Rs 50 lakh, you need to earn a return of 12\% per annum.” An SWP allows the investor to choose the amount of money that is withdrawn from the scheme on a monthly basis.
How much will Rs 50000 investment in PPF earn you in 20 years?
Considering 8\% returns in PPF (Public Provident Fund), an investment of Rs 50,000 can fetch you Rs 2,33,051 in 20 years. Investing is one habit that would always give huge rewards to you in future.
How much should you invest in mutual funds to earn money?
Prableen Bajpai, Founder, Managing Partner, FinFix Research and Analytics replies, “To earn a monthly, pre-tax income of Rs 50,000 from an investment of Rs 50 lakh, you need to earn a return of 12\% per annum. While equity-oriented mutual funds have the potential to deliver such returns, they tend to be volatile and are thus riskier.