Hello guys, Im 31 with around 9 yoe. My current savings are around 80 lakhs. I have everything in FD's as of now. Just need your suggestions on where to invest. MF's and shares seem risky to me so I have never invested in any of that.
Please suggest some good investment options.
TIA

likefunnyhelpfuluplifting
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Saving : 2.5 cr
Age :34
All money invested in land
CTC: 20 lpa
I don't plan to save any money in fd and all, all I do is invest in land. Believe me that's the best investment.

likefunnyupliftingsmart

Any suggestions how to achieve 1cr savings with 15 lpa

How did you save 80 lakhs in 30 yrs. What is your package journey in these 9 yrs curious to know

likesmart

Started with 3, then switched to 7 then 10 then 14 then 24 then 35 then 41 now current.

like
Recent IconRecent

Soja bhai dimag maat laga tere paise koi aur udayega

Usually that is how it works in Indian society for everyone. So cannot complain.

Invest in property in Bangalore and get additional rental income

Not so good option. Even if I buy but who is gonna manage the flat in bangalore.

Real estate

What is your tech stack?

Big data, cloud, devops

funny

Kafi gambhir sammasya hain tumhari .. daan kardo Santi hi Santi milegi ..

Acha. Ok.

If you want money flow. Will suggest TredCred I am using it for my cash money 11% return

Ok thanks. Will check.

Are you married

Yes

Already bought home or any plans to buy a home ??

Seeing real state pricing almost growing exponentially , would suggest you to invest in real state

You are already sitting on a dream corpus in so early age of your life. You must have not calculated your EPF. I would suggest invest 50k in NPS (Aggressive). Start withdrawing small small amount from FD & put in 3 times of Mutual fund (Index-50%, MidCap-30%, SmallCap-20%). Don’t go for direct stocks or crypto. Put some percentage of your corpus 5-10% in gold (ETFs or SGBs). If you get good opportunity(20-30 L)of buying plot you should go for it. But I must say you really did well in your life. May I know your CTC & since how long you are saving? That would help others with their finances.

Looking at government intention to move towards new tax regime gradually..government. might remove old tax slab entirely in next 5-6 years with no NPS tax deductions or any 80c.

like

Wtf I'am gareeb man
How'd you manage to save all that money

Spend less than you earn. Not that extraordinary.
Try to not fall in herd mentality, peer pressure and brand tactics of extracting money from your pocket (e.g. fruit company)

like

Get a house, save tax.

Not if you have 80L savings

I am 35 only 22 lakh savings ctc 36.My financials look very bad.

Age like package kudos buddy

Take a Look on PPF

Sorry for digressing bro....but can u pls give a brief overview of your education and professional life.....how u managed this....I just find it very very impressive.....80 lakhs at 31

SIP in MF sahi hai :)

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