Monday, June 16, 2008

Saving is earning!

In the days of rising inflation, shooting prices of petrol isnt it time to start if one hasn't started as yet to invest? Best ways to invest cannot be narrowed down but some of the best would be:

1. Real Estate: Plots are always the safest bet rather than flats. Since its an easier option to get loans for flats.Also one could claim these for tax benefits, flats are the ones in demand.Some of the best real estate agencies in Blore are:

http://www.vakilhousing.com/
http://www.puravankara.com/residential_projects.asp
http://www.sobhadevelopers.com/
http://www.brigadegroup.com/

2. Mutual Funds and Stocks. And this article might be of help to reassure
http://www.window2india.com/cms/content/article11092007.jsp?aid=5931

One could always take SIP(Systematic Investment Plan) minimum 500 permonth, from various options avbl. There are open ended schemes as well, and if you wish to claim tax benefits then opt for MF with a lock in period of 3yrs, which are called ELSS(Equity linked saving schemes).More on tht,
http://us.rediff.com/getahead/2005/mar/01fund.htm

And here are sm of the MF options:
1.http://www.hdfcfund.com/InvestPlans/ContentDisplay.aspx?ReportID=A1D80AB3-713C-44ED-A907-1549273F31C2

3 comments:

Tarik Sheth said...

1. Real estate market is 15% down so for investors please be cautious on investing ...you will get better deal.
2. Well.. stocks are strictly in wait and watch situations.. as FII will be pouring the money in coming months Rupee devaluation is just temporary.


Nice blog .....

yezdi3736 said...

Hey gujju, thanks for sharing the secrets :)

Jo said...

nice post stells