I'm new to this...i need some guidance and help me to know more deep n vaster on this..... i also want to know the assets on long term n short term investments...
2006-11-03 17:21:09 · 9 answers · asked by zico 1 in Business & Finance ➔ Investing
Stay away from insurance policies as an investment. They are expensive to be in and you can't get capital gain on your long term investments. Start with a good balanced mutual fund such as Vanguard's STAr fund. The manager will manage your money and it is not too aggressive for the long term. Read and study investing and then you may want to do something different but stay with a good manager until you are one.
2006-11-04 11:31:36 · answer #1 · answered by waggy_33 6 · 0⤊ 1⤋
Hey i'm a fresher too...for long term i'm investing on the insurance policy and for short term i've invested in mutual funds and term deposits...also you can have an account on public provident funds from which you can take loans after 5-6 yrs....be conscious abt the name of the firm in which you're investing rather than going for a firm which offers you high interest rate...in that way your investments are safe!! Also go through all the terms and conditions b4 signing the forms as it might have many hidden factors!! All the Best :)
2006-11-03 17:42:19 · answer #2 · answered by Harish 3 · 0⤊ 1⤋
I think the best way to start investing is to buy what the best traders are buying. That is the idea behind the website http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck!
2006-11-04 03:18:26 · answer #3 · answered by Anonymous · 0⤊ 1⤋
hi
if u want to invest and make money in the long run then investing in shre markets are the best option . it can give a return of min 20% anually. i also had the same question 2 years back. then after lot of research i came to a site which is www. wealthplus.in this site gives the right direction and suggestion where to invest and what is the right time. just check it and let me know if any more u want to know.
2006-11-04 00:50:44 · answer #4 · answered by eshaagarwal_13 1 · 0⤊ 1⤋
As you're new to investing, I'd suggest giving this spot a visit first:
http://www.fool.com/school/basics/investingbasics.htm
Then I'd probably suggest investing in Shares of Water Utility companies + Banks... but carefully research them first.
2006-11-04 20:55:42 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you haven't given much to go on
but
as a "fresher"...I'd recommend dollar cost averaging investing in a few ETFs...probably DIA, MDY, QQQQ, USA, ASG and DBC for starters
or, check out the "wisdom tree" ETFs...they offer a dividend based selection process for their stock picks
then add some international exposure with one or more of
IAF,IFN, CEE,RNW, EWO, EEA , PGJ
happy hunting
2006-11-03 18:49:45 · answer #6 · answered by Gemelli2 5 · 0⤊ 1⤋
Buy Reliance Petroleum Limited (RPL) at current price and stay invested for two years to see your capital double.
2006-11-04 07:54:34 · answer #7 · answered by K.J.Haroon Basha 2 · 0⤊ 1⤋
Start with Mutual Funds.
They will do it for you.
As time passes you can invest directly & aggressively.
Best of Luck.
2006-11-03 19:49:14 · answer #8 · answered by Kuppu S 3 · 0⤊ 1⤋
you did not describe where u can invest?so describe where u wana invest we will tell you that it suite for u or not
2006-11-03 17:42:49 · answer #9 · answered by nido 1 · 0⤊ 0⤋