where should i invest my income for safe future ?
By Raashi
@Raashi (92)
India
December 12, 2011 12:31am CST
i want to invest my additional income for my future. but i don't know where should i invest because i do not have any idea about share market or other sources. so please friends suggest me some good options ..
1 response
@prosperity1027 (199)
•
12 Dec 11
Hi Raashi,
Yes, it is really good to save money for future use. For some of us, the bank is the simplest depository where we can save our hard-earned money. Aside from the savings deposit, it also feature short-term and long-term time deposits. The rate of interest goes up as the money stay longer in the bank. They have quarterly and yearly time deposit.
In terms of shares of stock, yes it is also a good investment. Anybody can start trading shares in the stock exchange. But if we do not have knowledge about trading, it is best to consult a financial adviser who is an expert in this field.