Where do I invest?

Asked November 5, 2016, 3:10 AM EDT


I am 21 years old and I am looking for a way to multiply my money over 5 years to reach my goals. I have just started to earn and want to divert part of my salary towards investment. Please suggest me some investment plans which are safe and can give good returns. All I know about are mutual funds and balanced funds.
I earn 27,000 rupees a month and I am willing to divert 5,000.

Outside United States

1 Response

eXtension does not provide personal investment recommendations, such as specific investment products or company stocks to invest in. Rather, our goal is to provide you with basic information and resources with which to make informed decisions. For information about the process of investing and specific investment products, see http://www.extension.org/pages/Investing_for_Your_Future.