Sir, I've Rs.4000/- savings per month. How can my savings fetch rich returns? Investing in m-funds, shares or other derivates? Pls advise.. Madhu, Bangalore.
Asked by mad chit, 05 Jul '08 10:36 am
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If u believe i had a best idea,assume if u invest 5000 pm for 30yrs u can earn morn than 1cr.Answered by chandrashekhar patil, 05 Jul '08 12:05 pm
MUTUAL FUNDS ARE LESS RISKIER THAN OTHER NVESTMENTSAnswered by P S Kumar, 05 Jul '08 12:11 pm
If you are married, then you should not take a risk with the savings. If you are not young and single, you could go for equities, but these are very risky. I think more than 80% investors in the stock markets make a loss. If you are married and still want to invest (even after reading the first line), then invest in gold -- as gold coins (not jewellery !!!), gold ETF, or gold MF (DSP ML World Gold fund).Answered by Bijoy C, 06 Jul '08 03:10 am