i want to invest some amount of my money in best p[ossible safest way to draw a maximum monthy income.
2006-08-15 19:30:49 · 13 answers · asked by akash_ashishin 1 in Business & Finance ➔ Investing
a very clever intra date share business shall certainly fetch you the maximum results today. but then a ready and heavy knowledge of stocks are very important. it is not gamble, but scientific laws. one should know the attached portfolios of one stock to another and hence also the policy of the government and relaxations to a product under open gl and the dividend declaration towards the health of a stock. a steady study into this field for a year shall take you to dizzy heights.
2006-08-15 19:44:44 · answer #1 · answered by sankaran c 2 · 0⤊ 0⤋
It depends on how you plan to spend your time... My advice is to start a company with it ... based on what ur REAL INTREST is ... only then u ll soon be able to have high side income... remember... start a business and keep it as one ... don t try and make urslef self employed ... A part time business will do just fine !... if u DO NOT have TIME .. i recomend u to try mutual funds .. ie .. if u know nth abt investing ... if u do know smth abt investing .. then u can try hitting real estate .. rent is very good monthly income... or maybe u can invest in Venture funds ... they do very well.... all in all .. it depends on ur financial literacy and guts ! Good luck !
2006-08-15 21:13:24 · answer #2 · answered by Rohit L 1 · 0⤊ 0⤋
One of the safest ways with out much risk is money market , you get all the advantages of a checking account ATM, checking and more with a good rate, to get best rate must open account on line.
2006-08-23 09:06:05 · answer #3 · answered by moonwalker 3 · 0⤊ 0⤋
The safest and readily available money when you need is to put into EmigrantDirect.com earning 5.15% which will go up further with Fed"s
raising interest. However , in future if fed lowers interest rate it will go down
somewhat.
2006-08-22 18:27:27 · answer #4 · answered by Pk D 3 · 0⤊ 0⤋
if for 8% is safestin Giv security, 10%-15% safe in Mutual fund 15-40% in Equity shares
2006-08-16 01:49:44 · answer #5 · answered by prashant_kanpur 2 · 0⤊ 0⤋
when investing you always assume risk. to get monthly income from your investments, you need to look at your age, goals, risk, etc. High yield dividends stocks, REITs, bonds are all great ways to get income. Visit www.glbgroup.com
2006-08-16 16:16:26 · answer #6 · answered by r1ckpicon 1 · 0⤊ 0⤋
i know a very good opportunity in which u can invest money and it is 100% safe provided if u do some little effort. if u r interested 2 know about this opportunity, u can contact me at my email id, that is
" srikanthc_13in@yahoo.com"
2006-08-15 21:59:39 · answer #7 · answered by bublu 2 · 0⤊ 0⤋
Have you thought of putting your $ in an Internet Savings Account? They're pretty safe- as accounts go, their Interest Rates aren't too bad- & you can tie them to your checking account for ease of deposit & withdrawal. Surf around & find the one you like & suits your needs.
2006-08-15 19:44:18 · answer #8 · answered by Joseph, II 7 · 0⤊ 0⤋
Buy infy shares and forget about your money... It will give you quarterly dividends and the principal will keep appreciating to give you a good retirement benefit...
2006-08-15 19:37:16 · answer #9 · answered by P S 2 · 0⤊ 0⤋
invest for your studies , the money will get a meaning.
2006-08-15 19:35:09 · answer #10 · answered by Anonymous · 0⤊ 0⤋