How can I start a business with rs.15000?
1.Start a business from scratch, this way you'll be learning new things and also you can know the Market.2.Invest in seasonal business like Crackers Shop While Diwali, Kites Shop during Sankranthi, Lord Ganesha Idols during Ganesh Chathurthi.3.Invest in Share Market,this will pay you good returns,needs proper analysis4.Work on Weekends, selling ethnic food. Ex Shawarma Joint, Dosa parlor.5.Turn your passion into work, Freelance photographer, DJ.6.Reselling fruits and vegetables,buying from farmers and selling at the city7. Start a Milk or Newspaper Agency8. Start a Cycle Garage
What is the best business to start in india with Rs.1000 as initial investment?
Hello,Quite a big investment cool.My business idea is not even cost you Rs 500 but very effective though.Go and find a shop where they rent you tricycle (Rickshaw).Rent could be around Rs 200 a day so rent it.Go to crowded place (Place where you find ladies).Pick them and drop them to there destination.Work atleast 10 hours in a days to earn profit (Reduce Rs 200 (rent)).After 1 year, I am sure you will able to rent Auto rickshaw (rent cost Rs 500 (depend on cities)).Again start running auto rickshaw for 10 hours.After having enough money, you can go for Car renting or continue same with rickshaw.My servant implemented this (In Delhi). Now , he is owner of car renting company for 5 years.All the Best!!!Thank you
I want to invest 2500-3000 rupees per month, what would be a better option to invest in? I am 25.
Congratulations!! At your age. very few people think seriously about investing. Most of them think about spending and/or showing off with eating outside, the latest mobile phones, latest watches, latest bikes, latest cars……….Young Man, YOU can expect to be a Crorepati by 2030 or before, if you continue your investment orientation.———————————————————————————————————-Most of the people think,>> (Monthly Earnings minus Monthly Expenses) = (Monthly Savings)In reality, it should be,>> (Monthly Earnings minus Monthly Savings) = (Monthly Expenses)So, you should FIRST put your money in savings (=investment) on a monthly basis and THEN start spending for the month from the balance money available to you after your monthly systematic savings/investments.It is great that you have already started thinking in this manner about savings and investments.———————————————————————————————————-Mutual Funds (MFs) typically give about 15% TAX-FREE returns per month in the long run. In other words, if you invest in Mutual Funds for 4–5 years, then your invested money will double in 4–5 years. (In Bank/Company Fixed Deposits, Recurring Deposits etc. your money will double you can get maximum 8-10%, and that is also Taxable.)Invest your money in one of the following 3 Mutual Funds (of your choice) every month. In other words, start a monthly SIP (Systematic Investment Plan) by going through ICICI/HDFC/SBI or any other bank or broker. Investing in these Hybrid/Balanced Mutual Funds is a safe investment.After you understand more about investments through MFs, you may invest in multi-cap mutual funds after a few quarters.TataBalanced Fund - Regular PlanICICIPrudential Balanced FundHDFCChildrens Gift Fund - Investment PlanThese funds are managed by experienced fund managers. So, these are safe investments.Please note that directly investing in the stock market is very risky and you may lose your money as it is VeryHighRisk investment avenue. So, don’t investin stocks directly.All the best!!