Please Don't Invest in any Unknown Finance companyHi Friends,
Today I wish to say about the most important matter that we always think, i.e Investing the savings amount. Please never invest amount in any finance company's because they may be fraud or loyal to your money. We cannot just judge any body like that but still before investing our hard earned money we have to think about it twice before investing. One small example I wish to say about finance company's. Few years back we all must have heard about " saravana finance". Most of the people invested there for the sake of high interest given by them and who ever invest in the first few month's they were given a half gram coin also. It was very popular finance in coastal area's many of our relative's had invested the entire service amount there. For few months it run very well but one fine day morning the finance company was closed, the manager of the finance company was absconding till today he is not found. He had garbed money from lakh's of people. During that period I couldn't see my relative's difficulty. Most of them had lost everything. In that one of my sanskrit teacher had also invested his entire retirement amount. When the finance was closed he had a shock and all of a sudden was bed ridden.
So please my dear friends always think and invest your hard earned money.
I really thank indiastudychannel.com for giving a chance to write in a forum about finance.