Where are you parking your funds to earn some healty returns?
By limcyjain
@limcyjain (3516)
India
September 26, 2008 12:12pm CST
I have been waiting for the markets to stabalize to make some investments. But with the US markets in a turmoil and all big institutions facing liquidity problems i think it will take a long time for the stockmarkets to recover. There seems to be no buyers,just sellers. I am now considering investing in the bank fixed deposits where i would be able to earn around 11% annualised return on a 390 days deposit. I know that it would be just enough to cover the inflation impact but with both stock market and realestate taking a hit, i have litte options. Where are you investing your surplus funds?
2 people like this
5 responses
@limcyjain (3516)
• India
28 Sep 08
yes i too am planning to put the money as a fixed deposit with my bank. Atleast we can cover up the inflation factor. Thanks for responding.
2 people like this
@danishcanadian (28955)
• Canada
29 Sep 08
Right now I don't have enough money to invest in anything, but the moment I do i am going to invest it in some mutual funds. I have a really good financial advisor here in my hometown who has been helping my family make good financial decisions for as long as I have been alive.
1 person likes this
@chrislotz (8137)
• Canada
2 Mar 09
I am investing any extra money I have, on myself. I am on a diet and have lost 25 pounds
and only have about 10 pounds to go. So I am looking at buying myself a brand new
wardrobe. I also have gotten my eyes lasered back in Sept. and that cost a bundle.
But now I don't have to wear glasses anymore and you can't know how that feels unless
you wear glasses yourself. I wore them for most of my life, like about 40 years or more.
I moved to a different city and I am starting a whole new life and so any extra money
I get I spend on myself and my new apartment and my new life.
I don't have much money so investing in stocks is out of the question for me.Good luck
to you with it. I hope you make your fortune.
Alrighty then, talk to you later my friend,
Have a good mylotting day, Chris
@vjreddy (49)
• India
23 Oct 08
iam investing in stock marketnow a days ,bcoz markets are really low