Hello All ,
I need advice on some buffer fund ( money ) available to me every quarter for which I need to know best intrument to invest in
Due to variable pay structure there is some amount of buffer fund available ( not fixed ) at the end of every quarter which is available to me. This buffer is around 10-20K per quarter. Since I have already invested in SIP and all other possible instrument as part of my monthly financial planning. I need to know best instrument which I should invest this money . This money is not fixed but can vary from 5K to 30K per quarter.
I have done all the necessary investments needed for myself
– Mutual funds ( SIP’s )
– Term insurance
– Health
– Equity
– PPF and LIC
– Contingency fund
I dont want this to be lying the bank and earn low interest so I am eyeing on some better instrument to invest this quaterly
Please suggest some options. Thank you
Nikhil Parchure