Money saved is money earned. The money needs to be saved and it's also important that the saved money continues to grow more than the inflation and also more that the dearness caused by lifestyle living. Therefore the money needs to be invested wisely in various investment option. 1)At least 20/30% must be invested in good fundamentally strong blue chip company which have to potential to double the money in the time span of appox. 3 years. 2) A research work must be done to invest at least 40% of investible funds in good mutual fund house. The track record of the fund house and the fund manager has to be carefully scrutinised. The fund must should have the potential of doubling your funds in an span of appox 4 years. 3)Now the remaining funds may be judicially invested in real state, post office and banks. Post office and banks, albeit give lower return, are the source of instant funds. The invester don't have to wait for even a day for the payment and secondly the funds are fully secure. This kind of methodology can be adopted for the investment but it may vary from person to person according to his capacity of investment and according to his capacity of taking risk.
RE:RE:Saving Money is Earning Money
by gurudutt acharya on Dec 28, 2007 05:48 PM Permalink
sir, i have taken a loan of Rs 5.50 lacs at 12.75 % interest against property,i would like to know that if suppose i get 1 or 2 lacs from my maturity FD,Should i repay my loan or else invest in mutual funds/equties. please reply me on gacharya23@rediffmail.com.Regards.
RE:Saving Money is Earning Money
by super success on Dec 30, 2007 12:37 PM Permalink
hi gurudutt see from now onwards market is going to be bullish. why don't you invest in short term which are about to take off and book profit.but if the stock dip little bit keep it as a delievery and sell them when you feel the stock goees up.try to rotate the money from stock to stock but only blue chip company and book profit .
