If you buy a house on EMI are you not scared of the monthly installments
2007-06-30 21:16:31 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
I like to balance my investments between low/medium/higher risk strategies.
Low = Bank
Medium = Mutual Funds / Index Trackers
Higher = Individual stocks and Strategies
From the 30-Jun-2006 to 29-Jun-2007 the S&P 500 has returned approximately 18%, pretty good for a medium term strategy.
Over the same period the stocksmonthly investment system has returned approximately 38%.
My bank has been paying out between 5% and 6% on their long term high interest savings account.
Risk / Reward in action
2007-06-30 23:06:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
For house buying: you have to live somewhere, right? And the US tax deductions and home appreciation make it a better deal than renting. Personally, I like to invest in dividend-paying stocks through dividend reinvestment plans. Low risk, good reward over time.
2007-07-01 04:30:28 · answer #2 · answered by Katherine W 7 · 0⤊ 0⤋