Which is the best investment plan for me????? help please....?

Hi dears,
I want to invest some of my salary (approx. 2500/ per month). Can any body suggest me the most suitable plan with details. I am searching for a plan of min. 5 yrs duration.

plssssssssssss help

Hi, I dont know what your age is.Remember few things about savings. U can not save after you have spent. So, save first and then spent. Start with a small amount say Rs.2000, kept aside at the begining of the month. Do not touch this come what may! Now coming to the plan, all you need to do is to open an Recurring deposit with some nationalised bank for one year. After it matures, have it deposited for one year in fixed deposit. Keep the Recurring deposit running, when the first fixed deposit matures, add the maturity proceeds and make another fixed deposit. Please do not keep money in shares, chit funds or private money lenders. Its risky. Avoid wateful expenditure, take good care of health, medicines are costly u see. Buy anything after asking you five times whether you really need it. DO NOT go for a credit card. Wish you luck.

Start and contribute to a Roth IRA (Individual Retirement Account). You鈥檒l need to contact a brokerage to start one. I personally am happy using Fidelity. In this all the earnings/gains are never taxed. A HUGE benefit. And max the allowed contributions whenever you can afford to. You can鈥檛 withdraw this money until age 59 陆 without a major penalty, but still the wise thing to start first. You can have any form of investment inside the IRA that you wish: stocks, bonds, mutual funds, etc.. Currently the max you can contribute is I believe $5,000 per year.

You can also start a second regular type of brokerage account for stock purchasing, but you鈥檒l have to pay capital gains tax on those gains whenever you make a withdrawal.

hye,do you know forex?
it is online trading and it is two ways market,you can create your own profit,you can monitor the market by yourself,go to www.regal-international.com,i can help you to invest there..

May I suggest a DRIP Plan.

They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........

They are inexpensive to start and maintain.

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.

There are a lot of people on Yahoo that push mutual funds, and there are some good funds available, but 75% of them under perform the market. All of them have management fees, and some have sales loads.

Make a wise decision and do your homework.

Good Luck

Open a brokerage account at Fidelity and I will help you for FREE. (I am a Portfolio Manager)

Mary Ann V has the recommendations that I wanted to give!