Savings account: You can consider opening a high-yield savings account that pays interest on your deposit. While the interest rates may not be very high, it is a safe and reliable way to earn some interest on your money.
Stock market: Another option is to invest in the stock market. You can buy stocks of companies that you believe have good growth potential, and over time, your investment may grow.
Exchange-traded funds (ETFs): ETFs are a good way to invest in a diversified portfolio of stocks, bonds, or other assets. You can choose ETFs that align with your investment goals and risk tolerance.
Peer-to-peer lending: If you are willing to take on some risk, you can consider peer-to-peer lending platforms. You can lend your money to individuals or small businesses and earn interest on the loan.Robo-advisors: You can also consider investing in a robo-advisor, which is an automated investment platform that uses algorithms to manage your investments. They offer low fees and a diversified portfolio.