Hi,
I have just passed out of college and joined the Job recently. I have accumulated my first 1 lakh and want to invest it wisely.
Purpose of my investment: Doing masters abroad.
Here are the questions which I wanted to ask.
1. What are the possible intruments I can research to invest in apart from bank FD?(I am looking for high return, short term like 2 years, good liquidity can be on risky side, in comparison to FD’s but not highly volatile!)
2. I want to open DEMAT account. I have account with ICICI. Should I open in the same? Or should I consider other options? If yes, can you name few or point any article
3. I want to apply for Credit card to buy things on EMI. That is the sole purpose. Should I be applying for just this reason?