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Give me best two tax saving Mutual funds that i can invest right now.I want to invest around 40000 lump sum .? |
Give me best two tax saving Mutual funds that i can invest right now.I want to invest around 40000 lump sum .? 1. SBI MAgnum Visit the following links where you can find the mutual fund performances for the last 3 months. 6 months, 1 year, 3 year and 5 years invest in DSPML TAX SAVER AND FIDILITY TAX SAVER OR SUNDARAM TAX SAVER AND IF U WANT DIVIDEND THEN GO FOR PNB TAX SAVER go for hdfc and sundaram for consistance performance HDFC Tax saver, Magnum Tax gain, Birla Sun Life Tax Relief '96, Sundaram BNP Paribas Taxsaver. Skip the funds go directly into HTE...a Canadian Royal Trust.. pays a monthly dividend of 30 cents per share...your 40k would be 1777 shares or $ 533.10 per month...times 12 equals $ 6397.20 per year ( 15.9%)... you would pay a 15% tax to the Canadian gov, but get it back on a U.S. form: "foreign tax paid" |
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find a car auction, buy a 5k$ car and sell it for 8-10k$ ...1st- no interest rate. real investments don't have 1, With no knowledge the simplest thing is to open an account @ Schwab.com & put money in SWINX an international index fund & SWPIX a... There are indeed mutual funds that do average 10-15% annual roi. There are also mutual funds that do not average 10-15% annual roi. I can list you some that in the past have averaged that but... It seems to be a good fund. It has a 4 star morningstar rating, and it has historically outperformed the market. One question that must always be taken into account when making investments lies a... non of the investers have still received the A/c statements, you will receive it within few days. ...You are correct - this is unique to closed end funds AND is a situation that is watched by closed end fund traders - the fund can trade at a premium or discount to the net value of the fund, and so... A tax deductable IRA, requires you to pay taxes on withdrawals. The difference between controlling your own brokerage account via an IRA, rather than buying a Targeted Date fund, is really about... You are lightening years ahead of the rest!!! Most 20 year olds are out partying and spending their money, but you... yes, you.... have real VISION! To start with, I would like you to learn a b... |
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