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I am retired.where to invest my money for good result.amount is 3 lacks? |
I am retired.where to invest my money for good result.amount is 3 lacks? mutual fund is a good option. but if you dont know anything about mutual funds or shares then there are agencies who take care of it and gives you monmthly returns.i have done a similar thing. Invest in lottery tickets Check out this company. We just invested a good chunk of an IRA and were rewarded with a 12% bonus for the next 5 years on anything we invest. You can't lose any money - it's a fixed fund. Check for the firm nearest you. Stay invested in mutual funds if you are averse to stocks. If you can stretch to 5 lakhs you could consider approaching any of the PMS - Portfolio Management Scheme of leading brokerages. they provide excellent return on capital !! Look for those which have a proven track record and chose an option depending on your risk appetite. invest in M.fund it will be duble in sort time dont in ltry ticket (1) Put in mutual funds, whatever amount of money you can put in and leave it there for at least 5 yrs. As you are retired you should not take any chances and invest in stocks or mutual funds as both are risky and the capital can get eroded. Safest bet for you will be the Monthly Income Schemes of the Post Office, where you will get monthly income and your Principal also remains intact. State Bank of India splitting 3 1 Lakh Fixed Deposit, because, you feel releived which cannot be expressed in words, as you experience. The best place to invest your money is the government banks.That is the one and only the best place than the private banks. invest in pension plan other wise in dept fund of mutual fund(low risk) if u r in india, book a state housing board house in chhattisgarh, purchase a land if want to multiply,if u r alone and no one is to look after the plot/house deposit with post office. |
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