there could be only one myth and fact that is of staying on your legs to build or success the future challenges,so people you go on inclination to the investment as much as need, but now mutual funds , nsc ,mrs(post-office),ppf , term deposites in bank rather than shares ,debentures.
there could be only one myth and fact that is of staying on your legs to build or success the future challenges,so people you go on inclination to the investment as much as need, but now mutual funds , nsc ,mrs(post-office),ppf , term deposites in bank rather than shares ,debentures.
Stocks are risky, you may loose your money altogether.
The fundamental reason for investing in FDs is to make sure to secure some part of investment.
The idea is to build a portfolio of investments.
The best way to start of is to decide your risk appetite. 100% risk or 100% safe, 40% risk and 60% safe.
If you have a lakh to invest in an year, you can have 25% in FDs, 25% in high returning bonds, 25% for ULIPs and have 25% invest in stock markets..
Over a 10year period this will fetch good returns without jeopardising all your investment. After all this is your money and financial players will play with your money.
You may win or loose in this game. So be wise investing and don't say no to FDs and use it as a tool to secure some part of your investment.
Every Financial player in the market wants you to do exactly the opposite as therein lies his benefit.
Re: Myth 7 busted- be FD wise.
by Zeng on Mar 10, 2011 07:52 PM
ULIPS --> A waste. Why do you need to pay your hard earned money to the agents and insurance companies? Mutual Funds have far lesser costs and is always recommened.
Invest in stocks - Retail investors almost always makes only losses. Unless you earn few crores and doesn't mind loosing a major portion in short term and can wait for years, never ever invest in shares directly. Also you will need to do lots of reasearch and need a lot of patience, still you can end up making losses. Retail investors should always go with MF - Index funds and large cap diversified funds with a track record of beating SENSEX for years.
Also there is nothing like 100% risk free. An indeal portfolio should have 5% - 10% Gold, 25% - 75% mutual funds and 20%-70% fixed deposits and other debt options. The percentage should be decide based on the Age, earning capacity and risk aptitude. Take a term policy for insurance and don't mix insurance with investment.
