What a rubbish article. It makes no sense. No logic at all. Complete waste of time. These Outlook Money guys are promoting mutual funds since they are getting advt from mutual funds.
RE:What a rubbish article ....
by saktibrata on Jan 01, 2008 08:40 PM Permalink
outlook money needs to have clarity & it should guide clearly.I started reading & at the end I find myself back to square one.
RE:RE:What a rubbish article ....
by Arun Swaminathan on Dec 31, 2007 05:25 PM Permalink
Well, frankly, they do have a point...no matter how much experts argue that equities are very risky and volatile, they do offer the highest inflation adjusted returns. We indians are satisfied with the low profile returns which bank deposits give and also consider insurance as an investment avenue rather than a protection avenue. Do your homework before you actually be a critic.
The saving is the most crucial aspect one needs to look at, and there are many avenues, and not real estate is the only bet and there also the returns are not guaranteed, for that matter nothing is guaranteed in the world. The risk taking ability is better at a younger stage of life compared with the same being done at a later stage i.e. towards retirement. So better late then never, think hou much you require in 1 yr, 3 yr, 5 yr, 10 yr, 20 yr ... for your kids education, marriage, retirement and stat working towards the goal. Simple, you have done your financial planning.
i am saving the money by depositing on bank at a rate of 9.5 percent interest,so for example if we take 10000 for a period of 18 months.each month we can get 79 rupees and at the end of the 18th month we can get 1422 rs with that 10000 so total we get 11422.see how your savings are increases.
RE:saving
by Fareed Shareef on Dec 30, 2007 05:46 PM Permalink
Indians neither earn nor spend enough%u2019 New Delhi, August 01: India and China, the two economic powerhouses on a rapid growth path, are lagging in terms of living standards and economic well-being of their populations, the study says. Their people neither earn nor spend enough and India, in particular, will take decades to reach the level of better off countries like Brunei, it said. According to the %u2018International Comparison Program (ICP) in Asia and the Pacific: Purchasing Power Parity Preliminary Report%u2019 released on Tuesday, China and India lead in terms of total size of economy, accounting for 64 per cent (China -45, India-19) of the total real gross domestic product (GDP) of the 23 countries participating in the study. However, a completely different picture emerges once the size of population of these countries is taken into account. In terms of share of every citizen in GDP (per capita), India sinks to 18th and China to the 10th rank. Additionally, in terms of consumption of each household, China ranks 15th and India, 17th. This is a comparison calculated on the basis of %u201Cactual final consumption of households%u201D (AFCH) that is a combination of what every household purchases and what it is provided for individual use by the government (principally, education and health). The economic well-being of the population is obtained by comparing household consumption expenditure per capita. The five economies that top the list are Hong Kong, (HK$1
My attitude towards savings and investment has always been one of conservative approach. I have an innate belief that only investment in real estate is the safest and surest bet. All my investments throughout my life have been in Real estate. Of course, since I am employed decently, household expenses are met and emergency expenses are taken care of. Do you think it is wise to invest all the money in real estate only.
