If one has even a moderate house loan, some EPF deducted from salary and invests moderate amount in PPF at the beginning of the year(PPF rate is more or less constant), one lakh limit already gets over. Where is the scope of tax saving SIPs? Instead if there is surplus cash, it should be put to instruments, which ensures growth without bothering about tax savings.
Re: Scope of Investment
by Devang Badiyani on Jul 15, 2010 06:03 AM
yes you are right but the article is a generic one and what you are explaining is a specific case. With DTC your problem might be addressed lets keep our fingers crossed
Whatever is the condition of market, you throw your money to let somebody else earn. Equity market can be summed as "Out of given 100 people, on even days 50 will earn and 50 will lose and on odd days again 50 will earn and 50 will lose". You have to be very very smart to be in lot of 50 who earns OR be a broker, who will earn in either of the scenario".
Re: SIP - Sucidal Investment Plan
by Vishwas Murhekar on Jun 03, 2010 12:15 PM
The risk is inherent in the market. The loosers suffer because of either greed or panic.
Re: SIP - Sucidal Investment Plan
by Devang Badiyani on Jul 15, 2010 06:03 AM
SIP limits the losses and the risk Please analyze SIP returns for the schemes you will be surprised
Re: ELSS
by Devang Badiyani on Jul 15, 2010 06:06 AM
what do you do not know ?Please post that have a friend in rediff who would love your constructive feedback
