Put 9 lakhs in Bank Fixed Deposits, 50,000 in Mutual Funds & 50,000 in stocks.
Gradually increase amount in Mutual Funds or Stocks if you get comfortable & start making profits & stop at a maximum of 5 lakhs in any one of these two. Some people are comfortable with Funds, others with stocks. The whole idea is to try to preserve your capital as much as possible. After all you have to meet your basic needs whether you make profit or loss.
Gradually increase amount in Mutual Funds or Stocks if you get comfortable & start making profits & stop at a maximum of 5 lakhs in any one of these two. Some people are comfortable with Funds, others with stocks. The whole idea is to try to preserve your capital as much as possible. After all you have to meet your basic needs whether you make profit or loss.
