I am working in the US on H1B visa. I am new to investment. I have $200k in cash to invest and would appreciate your suggestions. Out of $200k, I will not need $125k in the near future and I might need the other $75k after around 6 months.
I am not sure whether to invest in the US or in my home country India.
- If in the US, then I am not sure where to invest?
- If in India, then I am not sure how to invest so that I get max return considering the India-US taxes and USD-INR exchange rate.
I am not sure how much to invest in which stocks / mutual funds / bonds / crypto, etc.?
I am researching about it by myself and gathering info about different investment options and also learning different terms used in the investment world. But it will also be better if I also get some useful suggestions from here also, which I think is also a part of the research.
I would appreciate if someone have done it well and would like to share some suggestions.
I am 29 and single if that matters while taking investment decisions.
Thank you.
TC: 260k
#investment #personalfinance #investments #money
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comments
Regarding putting $75k in savings account and/or bonds, CD makes sense as I might need it after around 6 months.
Regarding the other $125k which I don't need in the near future, can you please explain why VT is a good option because I just checked VT and its return seems less than other items like TQQQ or ARKK etc.?
Actually, just started my green card process so there is no progress there.
Regarding green card through investment by investing $1M, I first need to reach $1M of net worth.
So my question here was how to invest my money right now to maximize the return?