2007-01-14 23:00:25 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
GO TO SITES LIKE MONEYCONTROL.COM AND ICICIDIRECT.COM
2007-01-16 04:14:07 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Two things:
1. If you have a small amount of money one time only, then put it in a fund, and do not look at it more than once per year.
2 If you have a small amount of money now, and a small amount of money every month, then SIP it, or DCA it. This is where you would pick the best 1, 2 or 3 funds and invest it automagically into it every month. I have been doing this since 1991, then stopped it in 1996, and then in 2001 started it. I started doing weekly investments in 2001, and besides the 'tons of transactions', it gives me a good averaging.
Search on DCA or SIP and you will get loads of info.
You may ask what funds? Then search this Investment group for those answers. Many have already asked that question.
Good luck.
KKP_Inv
2007-01-15 11:33:47 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
Better u invest it in Bajaj Alliance.It is a tie up between Bajaj the leadind 2 & 3 wheeler manufacturing company in India & Alliance the worlds largest General Insurance Company.U can invest the money for a minimum of 3yrs.Any time after that u can withdraw ur investment.But if u didnt took it for 15yrs u would get the compound interest of it.Suppose if u put 1lakh continiously for 3yrs u could get approx.Rs2.5crore aftr 15yrs as per current growth of the company ie 50%.U could either thake the divident or put it ther itself for growing.The minimum amound u can put is Rs 10000.
2007-01-14 23:11:26 · answer #3 · answered by Bluffmaster 3 · 0⤊ 0⤋
You should start investing in Systematic Investment Plan being launched by leading private Mutual Fund companies. They will give you decent returns and do not erode the capital invested.
2007-01-14 23:05:22 · answer #4 · answered by Raghav 4 · 0⤊ 0⤋
Hi,
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Good luck!
2007-01-14 23:13:00 · answer #5 · answered by VP 3 · 0⤊ 0⤋
mutual funds r better to invest
2007-01-16 00:30:05 · answer #6 · answered by vn t 2 · 0⤊ 0⤋
purchase different lottery tickets
2007-01-14 23:32:19 · answer #7 · answered by pkb_jam 2 · 0⤊ 0⤋
betting this is the only way might get max return
2007-01-18 06:27:18 · answer #8 · answered by mory k 3 · 0⤊ 0⤋
STOCK MARKET!!
2007-01-14 23:29:33 · answer #9 · answered by aysha.. 2 · 0⤊ 0⤋