Hey everyone, I’m a student in Pakistan with no personal income right now. I mainly rely on pocket money from my parents, and from that I usually save around 500–1000 PKR per month. Over time I’ve saved about 40k PKR.
Right now, the money is just sitting at home, which I know isn’t smart because it earns nothing and loses value over time. Since I don’t urgently need this money, I’m willing to lock it away or leave it invested for around 1 to 2 years if that gives better returns.
I don’t have much knowledge about investing, finance, stocks, or savings products, so I’m looking for realistic advice for someone in Pakistan with a small amount of money.
My main priority is to get the highest return possible while still keeping the money safe. I’m not looking to gamble or take major risks. I don’t want to lose the principal amount. I only want options where the money is relatively secure, but can grow as much as reasonably possible in 1 to 2 years.
So basically:
- Capital safety is important
- Highest possible return within low-risk options
- I can wait 1 to 2 years as I am not using the money right now
- Beginner-friendly and simple
- Suitable for someone starting with 38k PKR and adding monthly savings
I’m also a non-filer, so taxes, withholding deductions, and charges should be considered when suggesting options.
Given my condition, what would you recommend I do with this money in Pakistan if my goal is to maximize returns without risking loss of principal? What options should I seriously consider, and what should I avoid?