Need help building a passive investment plan for PKR 7M (Lahore, 27M)
Asking here because freelancers are always into such sort of investment scehems.
I have some money sitting idle in my bank account that I'd like to put to work. I've already invested a portion in PSX (Pakistan Stock Exchange) stocks and gold, but I still have around PKR 7 million in free cash that needs a home.
I'm 27, male, and working a full-time job in Lahore, so I can't give active time or attention to whatever I start. It has to be passive.
I was considering buying a rental property, but I'm not confident this budget will get me a good rental property in a decent location. The returns and quality don't seem worth it at this price point.
I'm also wondering if I should buy into a branded franchise, like BATA or something similar.
I'd like some guidance from someone experienced, basically a proper plan comparing my options (real estate, franchise, stocks, gold, fixed income, etc.) given the PKR 7 million budget, keeping in mind this needs to be passive.