Best way to invest salary?

[spitfire99]

Say that I have 80k to invest per month, what would be the best way to invest these funds instead of just letting them sit in my account? Any ideas would be appreciated, thanks!

 

[randomgamer]

Put them into open ended mutual funds - I wouldn't recommend Equity Market Funds - even though the stock market is currently on a bullish run, it can turn bearish anytime so there is a lot of volatility. Just go for Money Market (Safest - zero risk) or Income Funds (Safe - very low risk) - I'd recommend Al Meezan Investments - There are both Shria Compliant and Non-Compliant funds.

 

[GAMINVD]

I mean you've heard about crypto? Little late to the party tho. Still i mean you can, given you understand what you're putting in. Still be very cautious, but it can pay off big time tho.

 

[shieldflink]

You can invest in real estate, returns are good.

 

[janemun]

If you had invested your 80k in crypto when you posted this thread, you'd have 8mil+ by now. But that boat has largely sailed.
You can still invest but it's all dependent on your risk appetite and your exit strategy.

 

[Paintsh]

Bitcoin is a good investment too though market is volatile so you need to be cautious. Study first the market before investing.

 

[shieldflink]

Is investing in crypto better than forex? I am thinking about it and your responses will be of help.

 

[iampasha]

Is investing in crypto better than forex? I am thinking about it and your responses will be of help.

Yes definitely, more volatile, more quick profits but more riskier too. But that also depends on which coin are you investing on. A diverse portfolio is good strategy

 

[shieldflink]

Yes definitely, more volatile, more quick profits but more riskier too. But that also depends on which coin are you investing on. A diverse portfolio is good strategy

I hear a lot about Ethereum and there are predictions that the price will be higher than bitcoin. But, I'm still studying it so I still don't know the pros and cons of that crypto. Its nice to have a thread about this, financial knowledge.

 

[FearFactor]

best way to invest salary? give to your wife. she happy you happy.
best outcome
lol

 

[sinnersaint]

Shariah compliant money market mutual funds, check which gives best return on mufap.

 

[Zeus MK]

If this thread is still alive my vote would be on new apartment project on installment. Inspite of market uncertainty try to find a good project and check with SECP for clearance on high level before proceeding.

My advice: Don't invest in any place that involves interest, for it will likely take the element of barkat which is altogether another ball game on its own.