https://www.desidime.com/discussions/what-to-do-with-50l-cash?page=3#post_9909912
any update,have you bought property in delhi?
What to do with 50L Cash?
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One of my friend has received 50L cash + amount in bank for a property
Give some advice on what can be done with 50L cash
1. Don't want to spend use less stuff
2. Can't deposit in bank
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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Suggestions in order of personal preference
1) Buy a new property
2) Keep the amount at home and slowly add in bank over 3-4 years. The opportunity loss would be significant
3) If you have a trusted contact who borrows money in cash then consider that. Builders, other businessmen often take such loans. This is very risky though, have personally lost money even though the other person was a relative.
4) Buy agricultural land and start a farming business. You can start any business but suggested farming because it's straightforward. Easy to hire labour and get reasonable returns (would be lesser than other businesses but sustainable with no tax)
What a day today 😳
Here you are asking about 50L
Here https://www.desidime.com/discussions/received-b...?
this person is unable to decide on 2Rupee earning
and here
https://www.desidime.com/discussions/bharatnxt-...
OP is going nuts over 1 ruppee.
Suggestions in order of personal preference
1) Buy a new property
2) Keep the amount at home and slowly add in bank over 3-4 years. The opportunity loss would be significant
3) If you have a trusted contact who borrows money in cash then consider that. Builders, other businessmen often take such loans. This is very risky though, have personally lost money even though the other person was a relative.
4) Buy agricultural land and start a farming business. You can start any business but suggested farming because it's straightforward. Easy to hire labour and get reasonable returns (would be lesser than other businesses but sustainable with no tax)