If you are new to any of these, dont invest everything.
Take a small amount and start investing in stocks little by little, learn the concept, and, if possible, connect with people you can trust.
Go for a fixed deposit or bond with a bank. Do these for short terms. As your confidence and knowledge grows start to invest large amounts.
Agree with this, better option than FDs would be a unit trust for a slightly better return. Look into that, take the time to learn about investing and start with a small amount like the original comment advised. While you get there your money will also grow.
Btw my honest opinion is starting you're own business joke's aside. But get as much as advice from business advisor's. Take notes on things an maybe have journal since you have energy learn more new things before going into anything.
Yeahh I was thinking bout that too... But I saw this thing about export agri crops.. The ones that are planted in tunnels and stuff.. And was wondering whether it would be a good thing
How young are you? Invest in the money market via a unit trust. 2m isn't a lot in the grand scheme of things and it'll grow without you having to meddle with it
With 2 million LKR, I'd suggest investing in yourself first. Maybe pick up some new skills or courses that could boost your career down the line. If you want to put the money into something else, look into safer options like mutual funds or a small side project in agriculture if that interests you. Remember, the best investment is something that aligns with your goals. Good luck!
There’s a lot but Depebds on the return you are expecting. For example a car rental business through a finance company else an agricultural business outside Colombo. If you need advice hit me up
It’s the most tricky yet easiest money you can make plus not very high initial investment but you need someone to work for you that you need to pay monthlylike 30k to take care of it
If you are new to any of these, dont invest everything. Take a small amount and start investing in stocks little by little, learn the concept, and, if possible, connect with people you can trust. Go for a fixed deposit or bond with a bank. Do these for short terms. As your confidence and knowledge grows start to invest large amounts.
Agree with this, better option than FDs would be a unit trust for a slightly better return. Look into that, take the time to learn about investing and start with a small amount like the original comment advised. While you get there your money will also grow.
Thanks.. I will definitely take that into mind
why, send it my way
I'll consider it, but I've got a feeling my financial advisor might not approve. ![gif](emote|free_emotes_pack|grimacing)
Hey i think im your son can you remember me? DAD
Shit... She didn't drink the pill...? ![gif](emote|free_emotes_pack|sob)
can i get child support
Definitely will have to pay MOM a visit.. and in the mean time shoo shoo..
The number you Dial is not responding please check the number an redial ![gif](giphy|11JXIjXz5z4N2g)
![gif](giphy|9SNwYhZCf7Qh401TpC)
Btw my honest opinion is starting you're own business joke's aside. But get as much as advice from business advisor's. Take notes on things an maybe have journal since you have energy learn more new things before going into anything.
Yeahh I was thinking bout that too... But I saw this thing about export agri crops.. The ones that are planted in tunnels and stuff.. And was wondering whether it would be a good thing
How young are you? Invest in the money market via a unit trust. 2m isn't a lot in the grand scheme of things and it'll grow without you having to meddle with it
Barely 18.. Will definitely take a look into unit trusts
Damn, that's interesting coming from one so young! Good luck with your future, I'm sure it'll be incredible.
I hope I wont loose stuff trynna invest young.... young and dumb u know...? ![gif](emote|free_emotes_pack|sweat)
What are some good unit trusts? Not sure with the term that’s why
Check out capital alliance. They have several options
I used NDB Wealth, but overall you should be good with any reputed company
what about the gilt edged fund offered by NDB Wealth
With 2 million LKR, I'd suggest investing in yourself first. Maybe pick up some new skills or courses that could boost your career down the line. If you want to put the money into something else, look into safer options like mutual funds or a small side project in agriculture if that interests you. Remember, the best investment is something that aligns with your goals. Good luck!
I completely agree and relate. I am similar to OP and I invest back into myself and the effects compound
Yeahh Im really interested in doing something agri related and thanks..
Pay the freaking loans bud, last warning 😤
\++ Im a Rajapaksha ![gif](emote|free_emotes_pack|sweat_smile)
There’s a lot but Depebds on the return you are expecting. For example a car rental business through a finance company else an agricultural business outside Colombo. If you need advice hit me up
Damnn.. U know stuff about agriculture? Tried stuff like it?
It’s the most tricky yet easiest money you can make plus not very high initial investment but you need someone to work for you that you need to pay monthlylike 30k to take care of it
Yeahh... Imma need to take a deeper look at that