Where to Spend extra Income?

POSTED BY Mahesh Kay ON September 24, 2013 12:58 pm COMMENTS (4)

I am in 10% tax slab and career growth is slow. So most of the earning goes in expenses and savings in FD or PPF. I recently started doing the consulting work in addition to my job. I didn’t earned much to replace the job but I get enough to purchase 2 gram of ETF shares. I invested into UTI ETF last month. I was thinking about how to invest from this earning on regular basis. Is it worth to spend the money into ETF or FD or PPF? Or any other investment?

I can’t say the same amount would be earned on consistent basis, it could be high and low, so that is what made me think which is better investment for me. Should I start investing into stock market apart from ETF? (though I am not knowledgeable about it).

What do you think is a good investment for such income?

4 replies on this article “Where to Spend extra Income?”

  1. Mahesh Kay says:

    Thanks ashal much appreciated 🙂

  2. ashalanshu says:

    Dear Mahesh, before jumping into direct investing for stocks, please research a lot.

    thanks

    Ashal

  3. Mahesh Kay says:

    Thanks ashal. So is ETF safe or should I opt for long term stock market investment?

  4. ashalanshu says:

    Dear Mahesh, please continue with the way you are investing this money.

    Thanks

    Ashal

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