How to make 5 lakhs in one year: If someone asks how can earn 5 lakh rupees in a year, before answering it, it is necessary to know whether the person wants to earn money by doing some work or with his own money. And wants to make money. Let us show you how to earn 5 lakh rupees in a year by giving you some options in both the cases.
- Everyone wants to have a lot of money.
- Many times, keeping in mind a particular work, we think that how much money can be made after all.
- Like how to earn 5 lakh rupees in a year.
- Let us give you some options and explain how to earn 5 lakh rupees in a year.
New Delhi
How to make 5 lakhs in one year: Everyone wants to have a lot of money, but many times keeping in mind a particular work, we wonder how to earn so much money. For example, if someone asks how you can go to Money Making Tips in a year ( Money Making Tips ), before answering it, it will be necessary to know whether the person wants to earn money by doing some work or to make more money from his own money. Wants to
Earn 5 lakh by working
, earning 5 lakh rupees in a year means that you have to earn around 41,666 rupees every month. That is, if you work by taking leave one day in a week, then you will have to earn around Rs 1,666 daily. Let us know which ways you can earn Rs 1,666 or more daily.
If you want to get more returns, then you have the option of the stock market, where you can get a return of about 15 percent in a year. By the way, if you want, you can get more returns by withdrawing money before the stock market bounces, but in that case tax will be higher. If you want to earn 5 lakhs according to the 15 percent return, then you will have to invest around 30 lakh rupees in the stock market.
If investing in the stock market looks risky, then you can opt for mutual funds. All mutual funds give an average annual return of 10–12 per cent. That is, if you want to earn 5 lakh rupees by investing in mutual funds, then you have to invest around 43-46 lakh rupees.
You can also earn by getting FD, but most banks are paying 5-7% interest on FD. In such a situation, if you want to earn 5 lakh rupees from FD in a year, then you have to invest up to 60-70 lakh rupees.
Similarly, considering how much interest you are getting on investment in all the places, you calculate your return and see how much money you need to invest to earn Rs 5 lakh in a year.
