The conversation between human and AI assistant.
I am a retired government employee. I got around 50 lakhs as retirement corpus. How & where should I invest to get a regular monthly income?
Investing in rental properties or starting a business sounds too risky for me. How do I decide which mutual fund or stocks to invest in?
It's important to do your research and choose a mutual fund or stock that aligns with your investment goals and risk tolerance. You could consult with a financial advisor who can guide you in choosing the right options. Additionally, you could look into index funds, which offer diversification and lower risk compared to individual stocks. Have you considered talking to a financial advisor or looking into index funds?