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Q.

My age is 30, I had only one LIC mony plus policy nothing else but its premium is over, now i have to start investing, can you please tell me where I have to invest

About: How to invest smartly and become RICH

Asked by harshal patil, 13 May '12 08:15 pm
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Answers (2)

1.

The information given(age30) is very less to suggest you proper investing........however some basic things; Take a term plan for at least 10 times of your annual income & start SIPs in HDFC top 200 fund & Reliance Equity opportunity fund immediately...
Answered by Rahee, 13 May '12 08:28 pm

 
  
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2.

Open a PPF account for further saving and deposit the maximum u can there every year ( upto 1 lakh ) and the money u get from LIC can go to a banks FD banks rates are quite good now a days and the money is always available to u in any emergency
Answered by rajan, 13 May '12 08:27 pm

 
  
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