Anilji, One’s risk taking appetite determines which avenues are good for saving or investing.
For example, I think for me, property investment is the best option with very high returns and safety but lot of hard work and stress. However, for smaller amounts, you can go for Systematic Investment Plans by top equity funds. It averages your risks and returns in the medium and long term you will never be a loser given you take a right redemption decision. Well, in terms of debt instruments, I don’t favor them at all as even the highest rate of interest on FDs or bonds are always lesser than your inflation rate so actually value of your money goes on deteriorating. One very important tip which Sameer shared with me, Please don’t keep any money more than say 10,000 in your savings account lying just like that. It depreciates the value of your money. Instruct your bank to keep all the cash in sweep in-sweep out or link fixed deposit as ICICI calls it. In case of ICICI, All you’re your cash in savings account other than your designated amount is converted in to link fixed deposits in the multiples of 5000 and your can earn almost double the return than your savings account or equivalent to fixed deposit while it remains flexible for you to remove them any time or issue check without any penalty. Ideal tenure for this is the highest tenure. Good luck and all your returns & losses are yours and not mine... On 3/27/12, anil joshi <[email protected]> wrote: > hi! > thanks to all members to give their valuable views and i thanks to > them who are the parts of designer team of this web site. > Because of them we are able to interact and to know about different aspects. > friends!, please suggest any policy to invest money. > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > > To unsubscribe send a message to > [email protected] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, please > visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > -- “The waves breaking on the surface draw all the attention, but it is the current beneath the water that determines your direction.” Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
