I have Rs. 2,50,000/- to invest in a new business. Which business should i start? Any idea. please share ur views
thanks in advance
CA Karan Lodhi
(CA and B.com(hons.))
Replied 23 July 2014
I have two business options for you.
1) You can start a lending business. You can lend me your Rs. 2,50,000 and i will return the money to you after 1 year with bank interest rate.
2) Else You can start doing gambling activities. See if you invest Re. 1 then you will get Rs. 1000/- in return. 1000% return but if you lose then you will lose only Re.1 only 100% loss. loss 100% but gain is 1000%