Money Making Ideas through Investing Rs.2-3 Lakhs -
How to make money by investing few lakh rupees? Well, Following are the possible ways to make money by investing just few lakh rupees. I will start from simple ways and later on take you to the more advanced and sophisticated ways.
01) Savings Account -
The Commonest way to earn money from your money is simply put it into the savings account. And it will earn money for you every year. Whenever you put your money into the savings account, the bank will give you a rent (Interest) on your parked money. However, This is not the way of making huge bucks. Banks give only 3-4% interest on Savings account annually.
02) Fixed Deposits -
FDs earn somewhat higher than Savings Account. FDs can give you as high as 10% per annum return.
03) Investing in Stocks, Mutual Funds & Gold -
If you are willing to take a risk for higher return, You can invest your few lakh (2-3 lakhs) in Stocks, Mutual Funds & Gold and make anywhere between 10-40% per annum return.
04) Website/Domain/Blog/Web Business Flipping -
Many Information age Kids are making money by this. They invest their money to buy already established blog, forum, website or web business from SitePoint.com or Flippa.com. After that they market it well, grow its web traffic and reader base and later on sale it for huge profits. This is one of the most exotic way of making money in the Information Age. In fact, I have seen that, lots of people are making money by this way.
05) Invest in Your own Business & Grow it -
This is the most exotic way & MY MOST FAVOURITE way of investing. I Simply Love to Invest in my own Business – This Blog rather than investing in someone else’s Business (Stocks & Mutual Funds). Whenever, I have a spare money, I invest it in my own Business – This Blog. I invest behind marketing, SEO Article writers, Themes, Buying Books and many more things that help me to grow this Business. And let me tell you that, Investing in your own Business will give you the highest returns in the long run
So the above are the few ways to make money from few lakhs of investments…
