i am a student and i want to invest money where should i invest?

Question

i am 21 male living in hyderbad india.
i can invest nealy $6000.
indian rupee: 6 lakhs

Answer 1

invest it in your self for the future

Answer 2

First of all you set the time of investment.
If you want to invest for long periods, then put some money in fixed deposits with a bank.
you can buy some debentures/ invest in schemes that invest money and give you return one time or every year.
You can invest some amount in blue chip companies by buying shares. For this you should get in touch with some companies like Sharekhan. They will tell you in which company to invest and how much and so on.There are several companies that act an investment guide. But don't put all your money in one scheme.You can buy some magazines like Dalal Street. They have some suggestions. You can also invest in the primary market by filling up forms.

Answer 3

Build a Free Enterprise, it shall give you a residual income before you complete your studies. And at that time when your friends shall make a list of companies to whom they would plan to send their CVs you shall make a list of holiday places to visit.

Starting up your free enterprise shall cost you a license fee of USD120 only, with a probation of 90days, within this period, if you don't like the project then you can take 100% refund of this license fee no questions asked from either side.

You can develop unlimited income sources in 90+ countries and each source shall enable you to get a monthly residual income of around Rs.5,00,000 which shall keep on increasing geometrically if your foundations are set right. To reach at this mark, if you are teachable then, you shall take around 3/4 years time.

All these are done through an organized system and a team of professionals, which teach you how to leverage your time.

Check back for more details.

Answer 4

see dear dont know what rest guys are saying

according to me if any think can can beat the inflation is mutual funds

now suppose if u got 100 rs and u r putting it in bank say savings it will give you 7% per annum

fix deposit it will give you max 8.15% but it will block your money

If you invest in mutual funds it will give you 15 to 20% without blocking your money

and the rate of inflation is 6%

so if you have put your money in savings u r getting 1% after a year in fd u r getting 2.15% after 5 years
and in mutual funds u can get 9 to 15%

you can invest in mutual funds is the best

go to any mutualfund advisor he will show you whats the best fund for u

Wid luv sugar boy

Answer 5

When you talk about US Dollars, I think you must have brought in the money in US Dollars. First deposit the amount in a bank to make it legal. Next please contact a reliable local share broker and seek his advise. Meantime, you can think about SBI Mutual Funds. You may look into Franklin Templeton offers.Presently, the market is volatile. Give a gap of 7/10 days before putting in your money. Meantime, you can check on the net and do some R&D.

Answer 6

There are a couple of different ways to invest your money. One you can open an IRA, or you can go to the bank and open a CD for a set amount of time, and that money will build intest over that set amount of time. The intrest rates differ from bank to bank, but i know some banks have an intrest rate of 9.9%.

Answer 7

not sure of the Indian tax laws; but a Roth IRA is a good investment strategy in the US only due to the tax consequences.

Perhaps you should invest your money in a US fund and keep rolling the gains (or losses) over in the foreign country.

Answer 8

you cannot invest in india. forign individual investers banned