with the receiving proceeds of blue bird shares can i invest in index based shares.
2007-01-14 14:53:40 · 4 answers · asked by vn t 2 in Business & Finance ➔ Investing
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2007-01-16 04:16:27 · answer #1 · answered by Anonymous · 3⤊ 0⤋
If Blue Bird is a company, then it seems you have already decided to sell it. Go ahead and do that.
Now take the proceeds, and if you are in the India, go to once of the brokerage houses and have them buy you an Index Fund. These are available in ETF kind as well as an Open End Mutual Fund. Try not to buy funds with front end or back end load. The simple way to avoid load is to do a SIP or DCA for small investors.
Good luck.
KKP
2007-01-15 11:35:51 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
I would rather advice you to have a good blend of index, blue chips n midcaps. 4:3:3 ratio shal be good and it will surely give you good amount of return over medium term period in between 6-12 months. Try taking away excess money when markets climb climb n climb for no reason.
2007-01-15 00:04:35 · answer #3 · answered by Jatin Shah 2 · 0⤊ 0⤋
Although your question is somewhat unclear, I think you are referring to ETFs (Exchange Traded Funds). If so, you can do this. See AMEX www.amex.com.
Also - do you mean blue birds or blue chips ?
2007-01-14 19:02:54 · answer #4 · answered by efpol2000 2 · 0⤊ 0⤋