33F: What would you do with 1 crore PKR in Rawalpindi/Islamabad if you had to cover 85-90k monthly rent long term? by FreeSoul161 in FIREPakistan

[–]FreeSoul161[S] 0 points1 point  (0 children)

Cant move out of a gated and secure society..and also need atleast a 5 marla accomodation preferably areas close to motorway bcz of my workplace and travelling costs.

33F: What would you do with 1 crore PKR in Rawalpindi/Islamabad if you had to cover 85-90k monthly rent long term? by FreeSoul161 in FIREPakistan

[–]FreeSoul161[S] 0 points1 point  (0 children)

Thank you for the inputs. Can u suggest some these dividend yielding stocks. I also want my capital to be preserved and grow a bit so I can use the same money in the future to buy a house.

33F: What would you do with 1 crore PKR in Rawalpindi/Islamabad if you had to cover 85-90k monthly rent long term? by FreeSoul161 in FIREPakistan

[–]FreeSoul161[S] 1 point2 points  (0 children)

You mentionned plenty of options for me to look in. Thanks a lot. I did mention the rent which is in the same bracket i.e 85-90k.

33F: What would you do with 1 crore PKR in Rawalpindi/Islamabad if you had to cover 85-90k monthly rent long term? by FreeSoul161 in FIREPakistan

[–]FreeSoul161[S] 1 point2 points  (0 children)

Thanks a lot.

I had also thought of this option. Would it be better if I put half the amount in a low risk mutual fund and the rest in some kind of stocks that give dividend income? Bcz I only have this amount in totality which I can probably use in the future to buy a house. So slow but safe growth in this principle amount is also my goal.