How Do I Invest Rs 150000 Cash to Get a Monthly Income Above Rs 7000?
Yes, it is possible by investing 150000 cash to get 7000 and above as a monthly return. I know a lots of people in the market who are earning in an average 8% to 18% per month by investing in the indian stock market business.
Direct Mutual Funds investment can be a good idea. A lots of people are showing their interest in their direct mutual funds investment, because it is very low risk investment. It is better for those who don’t know how to do technical & fundamental analysis of any stocks.
If you go for any other savings instruments like FD, RD etc it is not possible to fulfill your demand. If you need 7000 and above monthly return i.e, at least 5% monthly return which is very easily possible from Indian stock market. If you are new in this stock market then you have to give time before investing to study and to learn thoroughly this great business. I think this is the best wealth creator in the world ever if you know investing.
So study thoroughly this stock market and learn it like a child. You need only one or two hours everyday at evening. All the resources are available on the internet, just click and learn. When you feel that yes “I am ready to go ahead with this greatest wealth creator” then start investing with a small amount and as your experience will grow you can increase your capital.
And finally my suggestion is don’t trade intraday do only Swing trading which is best for a short term period. If you can learn, where, when and how to invest, 5% profit will be a very small amount of profit for you.
So be the Value investor to build the nation.