Re: invest in IPL
by Kalpana Natarajan on May 01, 2010 12:14 AM
Yes soon all teams will go public.. and you can buy shares, and prooudly say I have 2 % stake in IPL team.. so I earn Yuvraj Singh's head...
Then betting on IPL will become legal, because genral public is involved as investors... Gambling will become legal... and people will still watch the stupid game...
Bank deposits have the following positive factors in them: 1. Liquidity: you can use the money invested whenever you need. 2. Safety: Your money is safe, of course you have to choose a good public/Nationalized/ private banks and cooperative bank to invest.
3. Assured returns: the returns that we get will be assured and of course lower than in the other instruments that are in the market.
4. IT benefit: The deposits with banks over five years have tax benefits.
Even among bank deposits, if you want utmost liquidity, the funds may be lodged in savings bank accounts. The interest will be very moderate.
We can go for long term deposits if we can post pone the liquidity for some time may be a day/or two and hope to get little higher returns. Now there are custom made fixed deposits wherein they can identify their liquid portion in the fixed deposit and use them like savings deposits at some cost.
For higher returns, they should opt of mutual funds, ELSS depoists and ULIP's. Of course the risk factor will be little higher. However, if they opt for longer periods the same will be compensated by good returns.
EXCEPT SAFETY AND LIQUIDITY THERE IS NOTHING IN ANY OF THE SCHEME WHICH CAN GIVE BARE MINIMUM RETURNS ON YOUR DEPOSIT.ONE SHOULD FIND OUT OTHER AVENUES FOR INVESTMENT AS COMPARED TO BANK DEPOSITS