RE:INVEST NOW FOR BETTER FUTURE.
by aman mehta on Mar 07, 2007 11:59 PM Permalink
Friends, my name has by mistake came as aman mehta, i am Mihir Koralwala.
But how about investing in a land that is worth say 5 lacs, taking into consideration the growth potential in that locality. Considering that the future is India every place is bound to appreciate. Please advise whether this will be a better investment
My daughter is 14 and I want to save some amt in her name monthly. Or want to invest and get the funds after 4 to 5 years. Which scheme and what are the benefits ? and the procedurue please guide.
RE:Savings to be made for children.
by dakshesh patel on Mar 07, 2007 05:16 PM Permalink
a very good lic child carrer and future plan is ideal. send me dob of child and your to me dsp71us@rediffmail.com
RE:RE:Savings to be made for children.
by chella krishna on Mar 07, 2007 05:33 PM Permalink
If you are serious in giving them advise, do it here. Don't play cheap tricks by giving your e-mail id etc. Help them openly, if you voluntarily want to do.
can any one help me out how to save or invest for children by different investment instruments . I am totally new to Mutual funds and don't know ABC of it.
RE:savings/investments for children
by dakshesh patel on Mar 07, 2007 05:17 PM Permalink
a very good lic child carrer and future plan is ideal. send me dob of child and your to me dsp71us@rediffmail.com
"The other event that assumes equal, if not more, importance is the wedding of your child/children. A back of the envelope calculation will reveal that monetary requirement for wedding/s will certainly not be less than what you may need for higher education."
The above statement I don't agree since after 10-15 years, the whole marriage concept will change and our children will go for love marriages and you need not put aside much money.
RE:interesting info
by Sushil Seli on Mar 07, 2007 01:42 PM Permalink
Well yes and no. When we were children similar statements were made by our parents but today we find that love marriage or arranged marriage it si an expensive affair. Furthermore with most of the educated middle class having observed the one-child norm, the parents do wish to participate in this joyous occasion be it arranged or "love".
RE:RE:interesting info
by chella krishna on Mar 07, 2007 05:13 PM Permalink
For education, you have to cough more money even if it is in your reach or not. For this joyous occasion of marriage, you can have your limit set and arrange according to your budget. That's the difference.
