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I'm a fresher here.....would like to invest for long terms...? |
I'm new to this...i need some guidance and help me to know more deep n vaster on this..... i also want to know the assets on long term n short term investments... Stay away from insurance policies as an investment. They are expensive to be in and you can't get capital gain on your long term investments. Start with a good balanced mutual fund such as Vanguard's STAr fund. The manager will manage your money and it is not too aggressive for the long term. Read and study investing and then you may want to do something different but stay with a good manager until you are one. Hey i'm a fresher too...for long term i'm investing on the insurance policy and for short term i've invested in mutual funds and term deposits...also you can have an account on public provident funds from which you can take loans after 5-6 yrs....be conscious abt the name of the firm in which you're investing rather than going for a firm which offers you high interest rate...in that way your investments are safe!! Also go through all the terms and conditions b4 signing the forms as it might have many hidden factors!! All the Best :) you did not describe where u can invest?so describe where u wana invest we will tell you that it suite for u or not you haven't given much to go on Start with Mutual Funds. hi I think the best way to start investing is to buy what the best traders are buying. That is the idea behind the website http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. Buy Reliance Petroleum Limited (RPL) at current price and stay invested for two years to see your capital double. As you're new to investing, I'd suggest giving this spot a visit first: |
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