How can I grow my 2L savings in 6 months?

I'm a bit late to investing and my income was low in the beginning. I have around 2L saved up. How can I make it grow faster? I'm earning 30k per month now.

gemsbond

4mo

works at

Accenture

Mere pass scheme hai. 25 din me paisa double. Laxmi chit fund!!! 🤣

importantscorpion

4mo

works at

Info Edge

(313)+(303)=183 183/25=7.32 Op he'll get it multiplied by 7 times. You can beat the mother of index.

an assistant manager

4mo

Build an emergency fund first...

a deputy manager

4mo

Only if you are ready to take risk Go for Trading Buy shares Or of you take my suggestion, Just keep this amount as emergency fund And focus on increasing your salary

salaryhikedo

4mo

works at

BillDesk

Keep 1 L for emergencies and start with Mutual funds (SIP)

thestranger

4mo (edited)

works at

Ernst & Young

Start an SIP meanwhile staggered across High and medium risk profiles depending on how agreessively you want to multiply Buy Silver or Gold in limited quantities as a fail safe rather than keeping a emergency Fund. Easy to sell and definitely grows more than your savings account interest rate January 2025 a lot a people expect the stock market to drop. So when that happens put your money in safe bet stocks in limited quantity and enjoy the dividend payouts for exploring future opprotunities Ensure you have life insurance though before any of this

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fathersahaab

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