Invesments
This query is : Resolved
17 April 2014
. I am 25 yrs old and presently
have a monthly income of Rs.
18000/- . I live with my parents
and have no investment. I seek
guidance on how much and in
what manner should I plan my
investments ?
17 April 2014
Best Option is LIC, U can also get deduction u/s 80C, for the amount(premium) paid by u in the FY. FD is also another which gives u a decent return on ur Inv.
17 April 2014
I would rather suggest a pure insurance prodcut ie term plan. it gives higher security to your family in case of any mishap. the remaining portion should be parked in PPF.
17 April 2014
YOU CAN INVEST IN LIFE INSURANCE TERM PLAN WITH MONEY BACK POLICY. AND ALSO YOU CNA INVEST IN PPF A/C WHIHC GIVEN YOU TAX FREE INTT INCOME.
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