|Author: Sree 20 Nov 2010 Member Level: Silver Points : 6 (Rs 6) Voting Score: 0|
1. It is best said that always save money for the rainy day so it is not important to earn but it is very important how you save and invest your money.
2. One should workout realistically the assets and the liabilities as for yearly, quarterly, monthly etc. Then invest the balance amount in a righteous manner.
3. If we consider the interest part in terms of returns and safety.We will follow the following as a guide line:
a. Banks - safest,low returns.
- Savings account the interest rates are only 3% to 3.5%.
- Recurring deposit - 4% to 6%.
- Fixed deposit - 6% to 8%.
- Bonds - 7% to 10%.
b. Mutual Funds - Low risk, High/Low returns.
- Based on various schemes the returns could range from 8% to 60%, which can be invested by minimal research on websites like moneycontrol.com valueresearchonline.com, indiastudychannel.com etc.
c. Shares - High risk,high returns.
- All investments are subjected to market risks. Even a well known analyst will not be able to time the market. However the returns could range from -200% to +200%.
d. PPF, NSC - safe, moderate returns
- Theses investments are safe with moderate returns but are very long term investments.
4. A house and gold investments are always good.
- House-Tax Benefits, Own a Property,
- Gold-Saving for the rainy day.
5. Smart investment is the order of the day.
- Set goals, save 30% to 50% from net income.
- Invest in the order of priority.
* mutual funds.
* Fixed Deposits/Recurring deposits.
6. The earlier the better, the benefits of compounding can be reaped to the fullest.
|Author: K.V.Raghava Rao. 20 Nov 2010 Member Level: Gold Points : 1 Voting Score: 0|
The best method of investing depends on your age and risk bearing capacity.If you are young invest in shares ,mutual funds, and also
in pension plans.
It is always safe to invest on land and gold.
|Author: M. K. 21 Nov 2010 Member Level: Platinum Points : 2 (Rs 2) Voting Score: 0|
Gold is always considered as safe and secured investment. Nobody can face any type of loss in the investment of Gold.
Second option is property but this the always based on the location where you want to make a purchase of property. The price of property can be stable sometimes but the price of Gold will always rise and also you can see the record of years.
Stock market is always under the risk. We should need to think very carefully before investing in the stock market.
If you really want to invest in stock market then I suggest you to invest in the mutual fund. As in mutual fund the fund manager decide to invest money with his own experience and you will get less risk.
|Author: srivatsan 23 Dec 2010 Member Level: Bronze Points : 2 (Rs 1) Voting Score: 0|
My suggestions for you will be to invest in mutual funds and fixed deposit.Because to invest directly in stock market we require more knowledge and have to be very patient to get good returns.
Select some growth funds from some of the top amc's and choose a sip.Regarding fixed deposit both company(some top companies) and banks are paying a very good interest rate.
If you are close to your retirement age then to minimize the risk invest some amount in govt bonds and ppf.
|Author: SUJITH.PK 24 Dec 2010 Member Level: Silver Points : 1 Voting Score: 0|
My suggestion is that you should invest a part of money in share market. By investing it properly you can reduce the amount of risk. Even though some risk is there, the return you are getting from share market is higher.
You can invest in real estate,gold and mutual funds also.
|Author: ABHINAV 14 Jan 2011 Member Level: Bronze Points : 1 Voting Score: 0|
A small amount of money in Share Market so that the amount of risk is less & investing in gold is also a nice option as Gold rates are increasing day by day & there is no risk involved in the gold market.
|Author: prashant kumar 02 Mar 2011 Member Level: Silver Points : 8 (Rs 8) Voting Score: 0|
The best policy in terms of investing is not to rely on any one product. You should divide your money into different categories.
1. First of all you should have money in your savings account. Thumb rule is that you should have sufficient money to take care of your needs for atleast 5-6 months.
2. Save some money for big expenses that will come in your lifetime such as education and marriage of children. A rough estimate for a 26 year old person would be to have Rs. 2000 invested per month per child for marriage. Similarly investment of Rs. 1500 per month per child will suffice for his/her college admission.
3. Plan for your old age. Take a pension plan for sure. Invest around Rs. 3000 per month in it. This will go a long way in securing your old age expenses. If you are salaried person you will be having a PF account. That is also very helpful. You can even contribute to your PF by investing extra amount to it every year. LIC's Jeevan Saral is very good option.
4. Take a health insurance plan. You can consider Apollo Munich and Max Bupa for the same. These two do not have any sub limits like other plans and they also cover maternity benefits (after 4 & 2 years respectively).
5. Take a term insurance. Always prefer a term insurance over other forms of insurance because they are cheap. Secondly the remaining amount can be invested in other avenues giving more return than insurance companies. You can consider LIC and REligar I-TERM plan for the same.
Invest the remianing amount for better returns -
6. Invest around 20% of the amount in buying GOLD ETFs. Gold ETF is better than buying gold because there is no fear of loosing. There are no charges that are deducted when you sell gold. ETF dealing is easier. The demand for gold is increasing and the risk with share market is also increasing so the chances of gold prices going up is very high. Thus you can achieve high returns with less/ Medium risk.
7. Start inesting in Shares by investing in Mutual Funds. But with even a small careful study you can invest in Stocks directly. If you are new to share trading then go for large cap mutual funds or index funds. they are pretty safe. you may consider Quantum mutaul fund. Investing in stocks is risky but it gives high returns. Investing in Mutual Funds have one more advantage that you can swith your portfolio to suit your needs and market conditions. Thus you can get high returns with low/ medium risk.
8. You can invest in property/ land but do a complete check before investing in property/land. There is high risk involved. Though you can get high returns from this.
|Author: Pratik Mishra 02 Mar 2011 Member Level: Silver Points : 2 Voting Score: 0|
Post office's MIS also will be best option for investment. MIS mean monthly income scheme. You can earn monthly basis on deposit under this scheme. The maximum deposit limit is nine lac. you will get income by your deposit rupee as 8% yearly interest base.
After 6 year you will get your total deposit money with 5% bonus. The MIS can be open any head post office or branch office.
|Author: Pankaj Lagad 02 Mar 2011 Member Level: Bronze Points : 1 Voting Score: 0|
Please don't invest your money in share market, because the share marketing fild is high risk fild.
I think that the best investment fild for money is gold, platinum, or land.
|Author: shafquat 02 Mar 2011 Member Level: Bronze Points : 2 Voting Score: 0|
first of all saving should go to the safest haven that is bank to earn the risk free interest which is best return in the long term and it is always liquid to encash the best opportunity at any future event.Then the second trench should go to the most illiquid asset and safe sector where ample scope lyse for the multiple appreciation is the land and the gold.
|Author: Qays 03 Mar 2011 Member Level: Gold Points : 1 Voting Score: 0|
If you think to invest money for future purposes (after 15 to 30 years), just invest in property in the developing place in your city around hospitals,malls,famous colleges,schools,bus stand and near markets.If you plan for still future purpose after 30 years, invest in gold.