CS Sudheer, Indian money CEO - Are you planning for the right Investment
Are you planning for the right Investment?? Then, here is
the best investment plan Leave a Missed Call on 022-6181-6111 for Instant
Financial Tips on Insurance, Loans, Property, Tax, Investments, Mutual Funds
& More.
As per Indian Money CEO Investing
is one of the best options to increase hard earned money within a stipulated
time. Investing money helps a person achieve financial goals easily. An
investment helps improve financial status and secure your future. If you are
not looking for long term investments, then stick to 3 year investment schemes that
give good returns in a short time.
Best Investment Plan For 3 years
As per Indian money reviews financial
planning is the process of creating a proper financial plan to meet investment
goals, within a specific time frame. Financial planning helps secure your
future as well as build wealth. A good financial plan always helps you err on
the side of caution and cover all financial liabilities.
Manage
income/finances effectively by diversifying investments.
Invest in avenues that generate more income in lesser time.
Discarding liabilities and paying debts
Creating emergency savings
Savings Bank Accounts:
A savings
bank account is a deposit account opened by an individual at a bank or
any other financial institution that provides a modest interest rate usually
3.5-4% a year.
The savings bank accounts help investors set aside a portion
of their income, on which they earn interest. The funds deposited in the
savings account remains accessible to the customer as he can withdraw the funds
whenever needed. The savings bank account has low risk.
SEE ALSO: Savings
Schemes In Post Office
Liquid funds:
As per CS
Sudheer Indian Money Liquid fund is a type of debt mutual fund. These schemes
are generally open-ended and are for short term investments. The liquid funds
invest in money market instruments like certificates of deposit, treasury bills
and commercial paper of maturity up to 91 days.
Fixed deposits:
A fixed deposit is a financial instrument that enables
customers save money in a bank or NBFC, which gives a higher
rate of return than a savings bank account, (around 7% a year). Fixed deposits
are one of the safest investments around. Fixed deposits are unaffected by
market conditions. Fixed deposits offer liquidity (can be withdrawn with a small
penalty) and offer decent returns.
Fixed maturity plans:
Fixed maturity plans (FMP) are debt
funds that invest in company debt, money market instruments, fixed
deposits and government securities. These are also close-ended debt mutual funds with
maturity extending to around five years.
Fixed maturity plans invest in fixed income generating
instruments like certificate of deposits or bonds and have a pre-defined
tenure.
08042687207
Comments
Post a Comment