My monthly income is 21k. I would like to invest around Rs 3500 pm but really dont know where to invest. The purpose behind investing is Tax exemption and better returns. I spoke to some of my friends they advised me to invest Rs 2000 pm in JEEVAN ANAND (LIC) and the rest (Rs 1500) in HDFC Ulip (HDFC unit linked young star). Can i be suggested whether the above mentioned plan is ok or still i can go for some other plan (may be with some different funds etc)?
2006-11-22 21:46:07 · 4 answers · asked by teju 1 in Business & Finance ➔ Investing
Hi Tajinder. Go and read some of the articles on investing at http://www.hammocksurvivalguide.com/
You will find a lot of useful advice there. Make sure you know what you are doing before you part with your money. Remember that when somebody makes money through an investment. Somebody else usually loses it.
2006-11-22 21:52:01 · answer #1 · answered by David S 2 · 0⤊ 0⤋
Hi Tajinder,
Referring to your inquire "Hi, i am tajinder. I would like to invest my money.?"
at yahoo answers kindly inform you that you should diversify your investments.
Some money you should invest in low risk pperation, some in higher rate.
I'm forex trader/analyst for 5 years. I accept private investments.
I pay at least 5% monthly for 12 months.
Reasonable investment amount from US$10000 (ten thousand). But minimum is lower.
If you are interesting to join me please send e-mail or pm (click my name) with amount you are going to invest and I provide your with further details
2006-11-23 06:03:58 · answer #2 · answered by VP 3 · 0⤊ 0⤋
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-11-23 09:18:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋
clik my name
go thr all answers
then
email me 4 details if any
2006-11-23 06:03:34 · answer #4 · answered by dinu_pawar 5 · 0⤊ 0⤋