u/Drshponglinkin

Will be getting my first stipend. 1.5Lakh basically 1500$ so it depends on the value of Dollar to INR.

I have two options, purchase gadgets and spend all money, buy a phone, laptop and tablet etc and enjoy.

Invest 1lakh. But i have 0 knowledge about investments, i have heard terms like mutual funds, fixed deposit only in the youtube ads.

I dont know for what duration i should invest for so i need advice.

Thanks.