traditioanl investments always proven risk free.nobody pays twice the amount to you in two months , u have to wait for ample time to double your money. global market is too shaky and u never know when your one rupee will become 25 paise. so don't be too aggressive investor and greedy for making the money. play safe , have LIC policy , nationalized bank deposites , cash in hand . avaoid buying everything on EMI's , Play safe guys , never know when we have to face US like scenario
Re: Traditional investments
by Raina on Oct 02, 2009 06:31 AM
if u want to play safe invest in fixed deposit,ppf.
if u want higher returns invest in stocks , if you don't have time to track and trade then invest in equity mutual funds, do not invest in balanced funds.
invest when market is down sell when market reaches peak like now.
Another safe wealth creation tip is get a low cost loan with fixed tenure like I got to save 14.2 lacs over 15 yeas tenure.
It is nice that you keep us reminding about the safety of our money in the banks and other financial institutions. One request though, let the authors not give any advice about which "share: we should invest in and so on.
