How Can I Double My Money In One Day In India?

How can I double my money in one day?

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How can I double my money in short time?

Here are some best 5 ways to double your money fast.

  • Stock Market. Investments made in the stock market have always given a high rate of returns to people.
  • Mutual Funds (MFs)
  • National Savings Certificates.
  • Corporate Deposits/Non-Convertible Debentures (NCD)
  • Kisan Vikas Patra (KVP)

How can I double my money?

4 Simple Ways to Double Your Money

  1. Investing. Investing is one of the best ways to grow your wealth because there’s a good chance your annual rate of return will outpace inflation, gradually increasing your net worth.
  2. Use a high-yield savings account.
  3. Start a side hustle.
  4. Spend less to double your savings.

How can I double my money in 5 years?

Since you are looking for the investment option that may double your money in 5 years, then with the Rule of 72, it works out to be 72/5= 14%. That means you will be required at least 14% average annual returns to double your invested amount. Now that you know how much returns you may require.

What should I do with 20k?

Instead of letting that money get stale by sitting around, here are 8 brilliant ways you could invest 20k—in the stock market, in a business, or in yourself.

  • Invest with a robo-advisor.
  • Invest with a broker.
  • Do a 401(k) swap.
  • Invest in real estate.
  • Put the money in a savings account.
  • Try out peer-to-peer lending.

What is the best investment now?

Here are the best long-term investments in April:

  1. Growth stocks.
  2. Stock funds.
  3. Bond funds.
  4. Dividend stocks.
  5. Real estate.
  6. Small-cap stocks.
  7. Robo-adviser portfolio.
  8. IRA CD.

Are bank shares a good investment?

That said you can achieve a good return from buying and selling bank shares when the time is right. Buying and selling bank shares is a better strategy than parking your money in a term deposit and someone else (the bank) using it.

How can I multiply money fast?

Here are the seven best ways to multiply your money right now.

  • Invest in the Stock Market. Investing in the stock market is one of the best ways to multiply your money.
  • Invest in Real Estate.
  • Cut the Cord.
  • Open A Savings Account.
  • Rent A Spare Room.
  • Lend Your Money to Someone Else.
  • Go Shopping.

How can I invest 10k?

Here are 5 smart ways to invest $10,000:

  1. Invest in Stocks, Mutual Funds or Bonds.
  2. Open a High-Yield Savings or Money Market Account.
  3. Try Out Real Estate Crowdfunding.
  4. Start your dream business.
  5. Open a Roth IRA.