My name is Maharajan R and I am working as a Banking Service Professional in the Private sector. I have completed my MBA. I grew up in a Upper Middle Class, Nuclear family.
my son has completed his data science from great lakes under university of austin in online . and he is working as an team lead in accenture.for a additional income he is an long investor in indian stock market he investing with the gudienece of anand srinivsan and receiving wonderful returns every month thru bonds instrument. my son's words. i could see people who are receiving one lakh salary will not invest and they keep in bank fd's which provides them big loss due to inflation. also tax percentage higher. so you can't have big money even you get one lakh. and the person who get 70k as salary and he/she is discipline investor surely they would make bigger corpus then one lakh salary person. why i mention these coz, people are preferring one lakh salaried only. this is case of one lakh salaried person even you can ask any financial advisor.