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Salary Investments
How do you invest your monthly salary to get a good amount of return?
63 months ago
6 answers
SALARY IS NOT INVESTMENTS
Money In - Money Out = Investable assets
SALARY
- Fixed Costs
- Less Variable Costs
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INVESTABLE FUNDS
63 months ago
Any return depends on your risk. Also, your future goals. Based on this, you get a portfolio within three categories
- Low risk ( Low return funds)
- Medium risk ( Moderate return)
- High risk ( High return)
If you have immidiate goals you need option 2 or 3. For pension etc you can go for option 1.
Basically everything is based on market - do a proper research on which sector you can want to invest.
For investment of salary the source Public Provident Fund is popular investment schemes offers fund protection and guaranteed returns that are fully exempted from tax and rate of interest is high in comparison to fixed deposits and recurring deposits and it is 8% per annum it is also safe and secured as managed by Government..
63 months ago
- Make a budget and start saving.
- Invest in right things.
- Maximize Tax Savings.
- Opt for the right insurance..
- Make a budget and start saving.
- Improve your salary structure.
- Save for an emergency.
- Avoid debt traps.
63 months ago
Salary is hard money needed for family expenses, investment make difficult.
63 months ago
If your objective is to maximize financial returns, then:
- Live extremely small and humble, invest the rest
- Work hard to get promotions and bonuses. Keep living humble and invest
- Consider starting your own business: then both your income AND your company create value.