How much should I invest to get 10000 monthly?

How much should I invest to get 10000 monthly?

10,000 per month, you will need Rs. 10,0000 x 40 (years) x 12 (months in a year), which equals Rs. 48 lakh.

Subsequently, How much do I need to invest to make 3000 a month?

By this calculation, to get $3,000 a month, you would need to invest around $108,000 in a revenue-generating online business. Here’s how the math works: A business generating $3,000 a month is generating $36,000 a year ($3,000 x 12 months).

How much do I need to invest for 15000 a month?

Making the calculation assuming the 15X15X30 Mutual Funds SIP formula, Jain said that here, an investor will put up Rs 15,000 in monthly SIP continuously and after 30 years and expect to reap Rs 10.51 Crore as maturity amount. During this period, the investor invests Rs 54 lakh and return climbs up to Rs 9.97 Crore.

How can I earn 10000 interest per month?

How can you earn a monthly income of Rs 10,000? If you want to earn a monthly income of Rs 10,000 then you will have to make a deposit of Rs 5,07,964. On the amount that you deposited, you will get a return from the interest rate of 7 percent, which comes to Rs 10,000 every month.

Which investment is best for 5 years?

Types of Investment Plans for 5 years

• Savings Account.
• Liquid funds.
• Fixed Maturity Plans (FMPs)
• Arbitrage Funds.
• Bank FDs or Postal Term Deposits.
• Recurring Deposits (Rds)
• 5-Yrs National Savings Certificate (NSC)
• Monthly Income Schemes (MIPs)

 

How much interest will I earn on 500 000 a month?

A $500,000 annuity would pay you $1312.50 interest per month.

What can you do with 50k?

1. Invest with a Robo Advisors.
2. Invest in Individual Stocks.
3. Invest in Real Estate.
4. Invest in Individual Bonds.
5. Invest in Mutual Funds.
6. Invest in ETFs.
7. Buy CDs.
8. Invest in Your Retirement.

How much do I need to invest to make 2000 a month?

If you’re starting from scratch, start small. Based on the calculation above, you’ll need to invest about $800,000 to earn $2000. That may sound like a huge number, especially if you’re not starting from an existing IRA or another account. Start setting incremental monthly goals such as $100 a month or $200 a month.

How can I invest 30k per month?

I have shortlisted some funds for investments:

1. DSP Tax Saver Fund.
2. Axis Long Term Equity Fund.
3. DSP Micro Cap Fund.
4. Franklin Smaller Companies Fund.
5. Principal & SBI Bluechip.
6. Birla Sun Life Top100 Fund and BSL MNC Fund.
7. Birla Sun Life Equity Fund.
8. Birla Sun Life Banking and Financial Services Fund.

How can I invest 25000 rupees per month?

Here is what a Rs 25000 monthly in a Systematic Investment Plan can do over the years:

1. 5 year SIP of Rs 25000 monthly = Rs 21 lakh.
2. 10 year SIP of Rs 25000 monthly = Rs 59 lakh.
3. 15 year SIP of Rs 25000 monthly = Rs 1.25 crore.
4. 20 year SIP of Rs 25000 monthly = Rs 2.4 crore.
5. 25 year SIP of Rs 25000 monthly = Rs 4.5 crore.

How can I earn monthly interest?

Join a credit union.

1. Open a high-interest online savings account. You don’t have to settle for cents of interest that you may get from a traditional brick-and-mortar bank’s regular savings account.
2. Switch to a high-yield checking account.
3. Build a CD ladder.
4. Join a credit union.

What is the interest of 1 lakh in SBI?

The monthly interest for 1 lakh in banks across India are given the table below: Financial institutions provide varying FD interest rates for Rs.

Monthly Interest for Rs. 1 Lakh Fixed Deposit.

Interest Amount on Fixed Deposit for non-Senior citizens from Banks
SBI	2.90% to 5.50%	Rs. 242 – Rs. 458

Which bank is best for monthly interest?

Best Bank For Monthly Income Scheme

Bank	Interest Rate	Tenure
HDFC Bank Fixed Deposit	2.50% – 5.75%	7 Days – 10 Years
ICICI Bank Fixed Deposit	2.50% – 5.75%	7 Days – 10 Years
Axis Bank	2.50% – 5.75%	7 Days – 10 Years
ICICI Home Finance	4.30% – 6.45%	12 Months – 120 Months

What is SBI monthly income plan?

The scheme enables customers to make one-time lump sum deposits and receive re-payment of the amount in monthly annuity instalment comprising part of the principal amount plus interest. The period of deposit will be 36, 60, 84 or 120 months. The SBI Annuity Deposit Scheme is available at all branches.

What is the safest investment with highest return?

9 Safe Investments With the Highest Returns

• Certificates of Deposit.
• Money Market Accounts.
• Treasury Bonds.
• Treasury Inflation-Protected Securities.
• Municipal Bonds.
• Corporate Bonds.
• S&P 500 Index Fund/ETF.
• Dividend Stocks.

How can I double my money in 5 years?

Here are some options to double your money:

1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods.
2. Kisan Vikas Patra (KVP)
3. Corporate Deposits/Non-Convertible Debentures (NCD)
4. National Savings Certificates.
5. Bank Fixed Deposits.
6. Public Provident Fund (PPF)
7. Mutual Funds (MFs)
8. Gold ETFs.

What can you do with 30k?

Best Ways to Invest $30,000

• What to Do Before You Begin Investing.
• Invest for Retirement.
• Put Money Into a Health Savings Account (HSA)
• A Few Ways to Invest in the Stock Market.
• Start a College Fund for Your Children.
• Bottom Line.
• Financial Planning Tips.

How much interest will I get on 50000?

Assume you have placed ₹50,000 in a non-cumulative fixed deposit with a term of 60 months at a rate of 5%. The FD will pay you ₹416.67 in interest per month. You will earn ₹1,250 quarterly, ₹2,500 half-yearly, and ₹5,000 annually at the same rate of interest.

How do millionaires live off interest?

Examples of cash equivalents are money market mutual funds, certificates of deposit, commercial paper and Treasury bills. Some millionaires keep their cash in Treasury bills that they keep rolling over and reinvesting. They liquidate them when they need the cash.

Can I retire at 55 with 500k?

The short answer is yes—$500,000 is sufficient for some retirees. The question is how that will work out. With an income source like Social Security, relatively low spending, and a bit of good luck, this is feasible.

Where should I put 50k savings?

There are, however, some great options available for those looking for the best way to invest £50k in the UK, including the following: Property. Stocks & shares ISAs.

1. Investing £50k in property.
2. Stocks and shares ISAs.
3. ETFs.
4. Stocks.
5. Mutual funds.
6. Bonds.
7. Annuities.
8. Peer-to-peer lending.

Is 50k too much in savings?

For most people, $50,000 is more than enough to cover their living expenses for six full months. And since you have the money, I highly recommend you do so. On a different, and equally important note, when you set up an emergency fund, it should be separate from any other savings.

How much do I need to invest to make 5000 a month?

In order to make $5000 a month in dividends, you’ll need to invest approximately $2,000,000 in dividend stocks. The exact amount will depend on the dividend yields for the stocks you buy for your portfolio. Take a closer look at your budget and decide how much money you can set aside each month to grow your portfolio.

How can I make 1000 passive income in a month?

9 Passive Income Ideas that earn $1000+ a month

1. Start a YouTube Channel.
2. Start a Membership Website.
3. Write a Book.
4. Create a Lead Gen Website for Service Businesses.
5. Join the Amazon Affiliate Program.
6. Market a Niche Affiliate Opportunity.
7. Create an Online Course.
8. Invest in Real Estate.

How much would I have to invest to make 500 a month?

To make $500 a month in dividends you’ll need to invest between $171,429 and $240,000, with an average portfolio of $200,000. The actual amount of money you’ll need to invest in creating a $500 per month in dividends portfolio depends on the dividend yield of the stocks you buy.