A.It is nice to know that you simply want to be taught and earn. There is loads of material on the Internet to learn up on financial planning. You can even learn good books like ‘Let’s discuss Money’ and Retire Rich’.
If you need to earn cash as a pupil, the most effective is for you to do a component-time job, probably on-line in the current situation, linked with your area of examine. Other than this, it is not a sensible option to try to do stock trading to generate income till such time you’ve sufficient savings of your personal. When you’ve such financial savings, begin a mix of recurring deposit for shorter durations of 1-2 years and open a PPF account to deposit some savings in it.
These early habits will inculcate disciplined financial savings. You can then slowly enterprise into different funding products. A.Considering the short interval of investment, simply spend money on FDs or liquid funds. Any different form of investing for this time-frame, particularly fairness market investing, could be writ with risks. For one yr at greatest, you can begin a recurring deposit or use ultra-brief debt mutual funds.
The return isn’t fixed — to that extent it’s not totally predictable. We counsel this considering your age and talent to take threat. Please observe that no market-linked product might be predictable.… Read More