Navigating the investment landscape can be challenging, but think of it as a game of cricket. When you’ve got Rs 2 Cr to play with, you don’t want to go all out hitting sixes but also can’t just stick to singles. You need the right mix, especially when you aim for a monthly innings of Rs 80,000-100,000.
Firstly, consider a mix of safe debt instruments and equity. For the monthly income objective, fixed deposits or high-yield savings accounts are an option. At current rates, if you lock in Rs 1.2 Cr, you can fetch about Rs 50,000 a month. But remember, these rates fluctuate and may not beat inflation in the long run.
Next, equity investments. While the stock market might seem like a pendulum swinging unpredictably, the right stocks, chosen with the ‘Roots and Wings’ philosophy, can be your best players. With strong balance sheets (Roots) and consistent revenue growth (Wings), these companies can help your portfolio fly. And because equity investments can be volatile, consult with a SEBI Registered Investment advisor, who can provide you with tailored advice and diversify your portfolio. If you need a trusted advisor, consider Jama Wealth’s PMS services and associated investment advisory services.
Remember the words of Warren Buffett, “Do not put all eggs in one basket.” By diversifying your investments, you can mitigate risks and possibly achieve better returns. Mutual funds can also be a reliable vehicle, especially hybrid funds that blend debt and equity.
Finally, allocate a portion to liquid funds for emergencies using the LSG framework by Jama Wealth: Liquidity (having funds when you need them), Safety (protecting your near term goals), and Growth (letting your money work for you).
To sum up, use your Rs 2 Cr wisely. Allocate portions to both debt and equity, keep an eye on your returns, and never shy away from seeking expert advice. And remember, investments are a long-term game; patience will reward you in this game of financial cricket.
