sir i am earning 8000/- per month and i save 2000/-rs every month how should i start investing in SIP plans and i need to buy a bike which is the best way.
Hi, I earn around 90k per month. Our personal & Car loans amount to about 20k. Our house hold expenses come to around 20k. I have invested in 2 LICs and worth Rs. 30k pa. I have 2 RDs of Rs. 5k and 2k each. Can you tell me the right place to invest with maximum returns? My son is 5 yrs old and quite a bright child. I want to make sure I save enough for his future education. We also want to buy a house in a couple of years. I need your expert advise to shape my financial future
dear sir, i have few properties.shall i liquidate 1 such property aquired in 1995, which has grown 8 times the money i hv invested, and invest them in stks now.(B'case of cheap valuation and saturation in real estate)] Malick
The insurance i have posted on rediff is that of Bajaj Allianz Life Insurance. It has clubed with Team Life Care and gives us a wonderful buisness to do (optional). Yearly we need to pay Rs 10,000 or Rs 5,000 half yearly ( i have opted for half yearly) this you need to pay for 3 years. That means you would be paying a total of Rs 30,000. This company will invest in Equities n Bonds. (Since the market is low this investment is surely gonna give good returns)
The best part is in 4th year you can withdraw all money just keeping 1 yr that is 10,000 premium and you policy still remains active. This insurance covers 70 yrs of your age.
Then you can suggest people and form a team maximum you can have 2 directs and you can earn royalty income not just when you enrol people but also when they are paying their next premium.
Its an amazing way to earn income and YES i have already started earning. Email me on munira_am@rediffmail.com
Re: LIFE INSURANCE AT ITS BEST !!!!!!!!!!
by sathyanarayan iyer on Feb 12, 2009 11:18 AM
helo can i get the details of this earning but i find tht thisis unit linked invetmentand the hiden charges are too much they dont invest entire amount theyinvet only lesthatn50$of my investment and inthe time whenindex is low i get less return can you exlain
sir i hv rs 100000 for investment. i want reasonble return in this investment..so tht i can get around 5lakh in 6 yrs. suggest me whr i can invest my money which also provide me relief from tax burdan..
Re: investment at reasonble return
by munira matawala on Oct 03, 2008 11:37 AM
The insurance i have posted on rediff is that of Bajaj Allianz Life Insurance. It has clubed with Team Life Care and gives us a wonderful buisness to do (optional). Yearly we need to pay Rs 10,000 or Rs 5,000 half yearly ( i have opted for half yearly) this you need to pay for 3 years. That means you would be paying a total of Rs 30,000. This company will invest in Equities n Bonds. (Since the market is low this investment is surely gonna give good returns)
The best part is in 4th year you can withdraw all money just keeping 1 yr that is 10,000 premium and you policy still remains active. This insurance covers 70 yrs of your age.
Then you can suggest people and form a team maximum you can have 2 directs and you can earn royalty income not just when you enrol people but also when they are paying their next premium.
Its an amazing way to earn income and YES i have already started earning. Email me on munira_am@rediffmail.com
Re: investment at reasonble return
by vijayasaravanan sekar on Oct 03, 2008 12:18 PM
Dear Mr. Munira, I dont think one can get insurance till 70 years after discontinuing the premiums from 3rd year. Kindly refer the policy document. As far as i know the policy will lapse in 2 years from the date of discontinuance and the fund value will be paid to the consumer.
Re: Re: FP
by Prashant Barge on Sep 30, 2008 04:52 PM
Sir please tell me how much to invest for my Twin babies after 20 years if I want 25L for Each one both are now 3 years and LIC cover of RS 5500 per year is there
Re: FP
by siddarth shenai on Sep 30, 2008 08:36 PM
Open a PPF account in their names...the max ceiling currently is 70000 and you get 8% compounded interest... in 20 years it will easily cross 25 Lac