I have 83 Lakh of Rupees, Want 3 lakhs as a fixed monthly income?
I have 83 Lakh of Rupees, Want to get a minimum of 3 lakhs as a fixed monthly income?
I have 83 lakh of rupees. I will retire next month. Where should I invest so that I get a minimum of 3 lakhs as a fixed monthly income?
To make a monthly income of 3 lakhs INR as fixed income with 83 lakhs INR saving you should have to make 45% ( approx.) returns annually which cannot be achieved with any traditional investment instruments available in India.
So consider this for say 12 months to gain enough secured capital for rest of your life.
Option 1 :
Cigarette trading :
On an average wholesaler makes 5–6% on cigarettes i.e. 4 lakhs on your 83 lakhs. Since its high demand reliable product with correct marketing you can rotate your capital at least 10 times per month producing 40 lakhs as gross profit every month.
Considering you do it for 12 months you gain 4.8 crores in a year as gross profit and 3.5 crores as net profit after taxes. At the end of …
Read more
about I have 83 Lakh of Rupees, Want 3 lakhs as a fixed monthly income?