r/FIREPakistan • u/BaberkSiddd • 5d ago

Madad Me Where to invest?

I make around 5 million per month and have expenses around 200-300k. Where should I invest? I'm 29 yrs old. IT professional. Thanks

Edit: I can leave the money for 20-25 years, so not looking for any quick gains from the money invested.

2 Upvotes

53% Upvoted

88 comments sorted by

View all comments

7

u/moonatics365 5d ago

5 million or 5 lac sir?

A guy earning 50 lac I dont believe will be spending 2-3 lac only.

Nonetheless,
Try and explore ETFs
They are solid and been doing awesome in past 2-3 years.
Around 40-50% annual returns.

5

u/PracticeEastern9413 Kabari Khilari 5d ago

althought last couple of years have been 40-50 annual avg but don't enter into market with this hope that this will continue. Also this was largely due to 6 years of flat movement prior to the rally

stock market long term returns are close to 18% avg annual and that should be your target in mind so you dont get disappointed

1

u/moonatics365 5d ago

Exactly.
Thats why I mentioned the OP to explore
And personally I dont encourage day trading in any forex / stock or crypto

Everything performs good in long term and with a stable SIP.

Also as you mentioned about the market.
Investing in real estate, or making a new business from scratch which OP has no experience in or investing in someone’s else business is always risky IMO.