Hi, I am 23 years old and my monthly income is around 30,000.I have a LIC policy for myself for 5 lacs.Have made a investment in mutual fund(SIP plan). I need to take a home loan one or two years down the line for say 25 lacs.I need to save towards that so that i am able to make a substantiable down payment. I am planning to invest in mutual funds again..Would this be the way to go or could you knidly suggest a better option.
Ours me and my husbands total monthly income is 13,000 p.a. out of which we need to deposit Rs.4000 permonth towards installment of house. Apart from this we have to deposit 5000 per year towards our sons insurance policy premium and another one premium of Rs. 2500 for myself.
Where we can invest our money,so as to increase my savings.
Dear Sir, My remuneration is a little above Rs.1.5 lac. p.a & have invested in various insurance policies amounting to Rs.41,000 p.m.My wife is a housewife & no other liabilty. Shiuld I increase my investment ? Plz.suggest suitable investment.
