How much corpus will you need for higher education? Expert answers

It depend on how much will you be able to accumulate

I am 18 years old. My mother gave me Rs 10,000 for my 18th birthday. I want to study in the US after three years, once I have completed my graduation. What is a good investment option for me? I have read about peer-to-peer lending and the stock market. My friend, who is older than me, says I should invest in equity mutual funds.
 
Investing in the stock market is always a great idea because it definitely creates wealth over the long term. In your case, investing the money you have received will not be adequate to finance your