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18 November, 2012

Investment Options in India for Beginners


By on 11/18/2012 10:09:00 AM

Money is all today, tomorrow & future. Every individual will work from morning to night on every day in order to eat, live & celebrate. We do savings also from our hard earned money. But how many of us are investing our money in a right investment opportunity which increase our returns on the money invested ?????

This is an introduction to know about various investment opportunities for all age groups. The following are the various investment options one should know how well their money can be invested.

INVESTMENT OPTIONS


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1) Fixed Deposits
2) Equity Markets
3) Derivatives Markets
4) Commodity Markets
5) Currency Markets
6) Debt Markets
7) Life Insurance Policies
8) General Insurance Policies
9) Mutual Funds 
10) Gold Investments
11) Real Estate



Not all investments will match all age groups basing on their risk taking capacity the returns will vary. So it is advisable to choose your investment plan wisely, Purchasing of items like New vehicles, gold, silver etc is a common culture during festivals like Diwali  & Dhanteras.
 

All these  also comes under investing our money so plan well which one to opt & up to what extent to buy these items. If you have credit cards don’t forget to use them in order to save interest on your savings account and you can repay the amount by your due date. Now as per RBI new rule every bank should credit interest for the idle funds lying in any savings account on monthly or quarterly or half yearly or annually basing on the banks policy. 

So every rupee counts when interest credit in to your savings bank account. Never keep idle cash 1000 rupees also with you. Whenever required go and withdraw from your bank ATM’s for every 2days/ 3 days depending on your convenience. These interests are free from TDS & Income Tax up to 10000/year. Yes bank which is one of the leading private bank offering highest interest rate up to 6% for individuals up to 1lac & 7% for above 1lac balance customers & 7% to NRE/NRO on savings accounts for its customers. Where almost all other banks are providing up to 4% on their savings account.

Author info:
This Article is written by D. Gopi Kishore who is into Finance and stockbroking.

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