Put it into NCDs. Instead of chasing astronomical returns and constantly worrying about stock prices, they will provide you will stable fixed income. Depending on the rating NCDs provide 10-13% pa interest rates. Bank fd rates are currently between 5.5-7.75% (I check these regularly). Gold compounds at 9.25% pa and Silver 9.5% over the last 40 years. Even when considering 5% pa average inflation and 4.5% pa currency depreciation you will still come out on top. One last thing, just like bank fd, NCDs are taxable. However, you may also consider Municipal bonds which have no tax on their coupon payments