anonymous6101
Newbie
- May 14, 2021
- 14
- 8
Suppose you have around 1 crore INR in hand, what would be some of the best ways to produce multiple incomes for a good monthly revenue??
What to do with this much money?
- Thread starter anonymous6101
- Start date
solidguy_82
Banned - Multiple Rules Violations
- Jul 14, 2016
- 2,899
- 1,126
Dont put all eggs in one basket
Diversify in multiple streams like put some in fd, some in mutual funds and some in properties etc
Diversify in multiple streams like put some in fd, some in mutual funds and some in properties etc
anonymous6101
Newbie
- May 14, 2021
- 14
- 8
or should one also consider buying a business?
solidguy_82
Banned - Multiple Rules Violations
- Jul 14, 2016
- 2,899
- 1,126
Yes you can put most of the funds in safe assets including business but I think business is risky
Aaric
Elite Member
- Mar 7, 2010
- 3,990
- 2,322
Then its upto the guy who will steal that money from hand .
Jokes aside, you can invest it.
anonymous6101
Newbie
- May 14, 2021
- 14
- 8
invest it where? can you guide me through it
aspire.samee
Senior Member
- Nov 5, 2020
- 925
- 970
My Indian Brother.
Invest in LAND, Buy a Property rent it, Enjoy the rent or Invest the rent. .
That is what my Parents had done Long Back.
With Steady Income, you will Workout anything Confidently, atleast you won't be afraid for your Basic Expenses
Invest in LAND, Buy a Property rent it, Enjoy the rent or Invest the rent. .
That is what my Parents had done Long Back.
With Steady Income, you will Workout anything Confidently, atleast you won't be afraid for your Basic Expenses
whyyouknow
Registered Member
- Mar 28, 2021
- 51
- 39
50% would go straight to real estate in a B category location!
Rikabu
Supreme Member
- Nov 4, 2013
- 1,233
- 956
Buy flat and rent, passive income
anonymous6101
Newbie
- May 14, 2021
- 14
- 8
well I would prefer having a good revenue that is much more than the passive income
aspire.samee
Senior Member
- Nov 5, 2020
- 925
- 970
I would 100% go with Commerical Shop than FLAT,
You can Live in a Commerical space, but can work in a residential place.
Commercial properties rent faster
rajsinhahyd
Power Member
- Jun 8, 2016
- 591
- 123
I think you are the one who benefited from wazirx Shiba Inu coin trading on the first day 
anonymous6101
Newbie
- May 14, 2021
- 14
- 8
I didn't even invested in it buddy hahaI think you are the one who benefited from wazirx Shiba Inu coin trading on the first day
Rikabu
Supreme Member
- Nov 4, 2013
- 1,233
- 956
Yeah, that is also great, If no one wants to rent the commercial shop, You can Go start a lemonade business
Then you should work on some business model, anything it may be restaurant, clothing shop, etc
TheVigilante
Banned - Multiple Rules Violations
- Aug 31, 2010
- 14,993
- 16,105
Diversified profile with a combination of stocks, Mutual funds, Sovereign gold bonds, crypto etc
anonymous6101
Newbie
- May 14, 2021
- 14
- 8
or just buy one that is on sale??
Rikabu
Supreme Member
- Nov 4, 2013
- 1,233
- 956
Yeah that is also great but you have to know how it works, if you made some mistakes without proper knowledge you would lose money in the end
- Feb 28, 2019
- 7,441
- 7,895
Invest all of it in FD. Then take a loan on FD (which is usually 70%).
Buy 2 apartment flats with 70 Lakhs (average price in most places).
Now the interest on FD will repay the interest on loan. You can keep the rent on flats.
If you already have steady income, then reinvest this rent money on online business.
After the end of FD & loan term, you'll get your money back and can keep the profit from online business.
Buy 2 apartment flats with 70 Lakhs (average price in most places).
Now the interest on FD will repay the interest on loan. You can keep the rent on flats.
If you already have steady income, then reinvest this rent money on online business.
After the end of FD & loan term, you'll get your money back and can keep the profit from online business.