Gulag-Survivor wrote:
I am glad you didn't suggest Crypto Mining 😄😂
You should be glad that he didn't suggest new crypto venture.
Faug wrote:Depends on the amount you can invest. If you invest in bad real estate just cause you’ve low budget you’ll lose it all.
I invested 60l in a property in Delhi and it’s 90l+ right now in a span of 2-3 years, I can get more if I bargain or stay on hold. So a good profit than mf/fd anyday. For investment in property you need a lot of research like when is the metro line coming up, how far are schools, basic necessities etc. If you can’t do that homework, don’t invest.
So in short you need more than 40-50l for real estate, good amt of time to research and a lot of other factors. Otherwise, there are a lot of dealers who will loot you like a thief.
For people between 5-30l, I would suggest to mix the investment in Mf/Fd. That’s my personal opinion.
How to invest in a property @Faug bhai? How to liquidate it?
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Depends on the amount you can invest. If you invest in bad real estate just cause you’ve low budget you’ll lose it all.
I invested 60l in a property in Delhi and it’s 90l+ right now in a span of 2-3 years, I can get more if I bargain or stay on hold. So a good profit than mf/fd anyday. For investment in property you need a lot of research like when is the metro line coming up, how far are schools, basic necessities etc. If you can’t do that homework, don’t invest.
So in short you need more than 40-50l for real estate, good amt of time to research and a lot of other factors. Otherwise, there are a lot of dealers who will loot you like a thief.
For people between 5-30l, I would suggest to mix the investment in Mf/Fd. That’s my personal opinion.
Real estate is over sold - especially in NCR. All the major builders are in process of getting out too. As govt has started cracking down on benami properties (& need for Aadhar based authentication of both seller and buyer) - so in next 3-5 years you are going to see the impact. As you are planning to get in now, so you would fall into this category. Currently all agents are hyping new properties in NCR - for this and the fact that they are getting 5%+ commission on these (vs 1-2% on resale). So beware.
Stock/mutual fund still remains a safer bet for 5+ year investment (shorter term is pure speculation) and you can easily anticipate 10-15% annual return over this period, provided you pick the right ones.
Gold is always a safe bet but returns are always low - 3-5% - and best during times of war/economy issues.
FD is good, safe for decent returns of 5-8% depending on the period of lock-in.
As you mentioned its all white so I would go for mutual fund.