where do you invest your money

Investing in buying property is a good proposition and it is not a bad idea per se. You can buy plots, wherever available within your budget. You can get the plots financed through any bank and can repay the installments in the next 10-15-20 years. You can also buy shares of blue chip companies.

Hi Neel, Right now our savings is in the bank. Buying lots is next in line for our investment this will surely keep us worry-free for our kids future!

Did you know that though lots are a good investment, it shouldn't be the priority? Well, you see, should you need money, you cannot convert your lots into cash instantly. Let's say there was an emergency, like medical or health, yes you may have a 10M worth of lot, but you can't find a buyer that instant. I'd suggest you should have both liquid investments and long-term ones. Liquid investments are those investments that could be easily converted to cash. One good example is the money in bank (though they don't have much interest to let it grow, in case you need the money - you have it right there) next, there should be a portion where they're semi-liquid but could also be converted instantly like marketable securities, this includes treasury bills, notes, bonds, mutual funds etc. and lastly, there should be something like estates. I for one have the liquid ones for now, I am gearing into saving up enough for emergency funds. One of my other sources that I save is my mylot income or earning. In case there's a need, and the currency rates are favorable, that's the time when I'll withdraw money from my mylot. So for now, I'm doing liquid investments. Afterwhich, I'd be glad to go for estates. By the way, don't forget about the estate taxes your kids would need to pay, if you don't settle the fund for that right now, your kids would end up paying more taxes before they'd enjoy the property you're giving them. Good luck!

Hi neelima I will invest my money in a savings bank account and in a fixed deposit schmes. I also invested some money in a site and jewellary for my children. I have planned to invest some more in shares.

Hi neelima, My Few savings are in my bank account, and the rest i have invested on gold. So it would help me in my future. Its better to invest money on buying flats and on gold. Even if we sell we get good reselling value. Have great day

im investing in land at sriperumbudur, mangadu like that..it is very useful in future to give r sell at time of higher studies,marriage etc. beacause we gave birth to 2 daughters.. also invested in gold jewel chit in T nagar L K S ,n monthly chit..in case of son we inest as deposit n 1 r 2 plots r flats depending upon our earning capacity. i think its correct.. what u say..thank u friend..

Investing in buying property is a good proposition and it is not a bad idea per se. You can buy plots, wherever available within your budget. You can get the plots financed through any bank and can repay the installments in the next 10-15-20 years. You can also buy shares of blue chip companies.

I want to invest my money in land, house or flat. Some part of it I want to invest in gold. All these have high appreciation rate and will come handy in times of need.

Wow thats a good thinking Neelima. We should think for future and children.As time being i have no such responsibilities i would like to invest my money (online money only) in net and would like to earn a consistent monthly income. But i haven't yet came across such a good investment program and just reaching the payout here.