where do you invest your money

Invest money - Where do you invest your money
India
November 17, 2009 5:17am CST
hi friends, i want to invest my money on buying plots, it will help for my future and for my kids also. i will suggest to my friends also. so, where do you like to invest your money.
1 person likes this
9 responses
@dpk262006 (58675)
• Delhi, India
17 Nov 09
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.
@dpk262006 (58675)
• Delhi, India
18 Nov 09
It is good that your hubby knows about investment.
• India
18 Nov 09
hi deepak, thanks for your advice, yeah, my husband investing money in shares, he is very much interesting in shares. thanks for your response, have a nice day.
• Boston, Massachusetts
17 Nov 09
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!
• India
18 Nov 09
hi francisco, this is also a nice idea yaar, but when ever we want, we willtake out easily. thanks for your response, happy mylotting.
• Boston, Massachusetts
18 Nov 09
somehow yes but i am so strict as it relates to withdrawing it. we need to explore everything first and the least that we can resort to is the savings from the bank. thanks god it's not happening yet. i am very strict too with budgeting.
@laydee (12798)
• Philippines
17 Nov 09
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!
• India
18 Nov 09
hi laydee, wow what an explanation yaar, great, what you said is perfectly right, thanks for your response, have a nice day.
@vathsala30 (3732)
• India
20 Nov 09
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.
• India
20 Nov 09
hi vathsala aunty, good to here from you, thankyou for your response, have a nice day.
• India
26 Nov 09
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
• India
28 Nov 09
hi deepa, yes, you're right, when we invest in gold it will definitly help for the future, more than anything. thankyou for your response, have a nice day.
@ravi633 (14)
• India
23 Nov 09
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..
• India
23 Nov 09
hi ravi, well done yaar, i am very happy with your response, yes, you're right, your daughters are lucky, what they are studying. in which school they are studying. thankyou for your nice response, have a nice day friend.
@dpk262006 (58675)
• Delhi, India
17 Nov 09
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.
@Buchi_bulla (8298)
• India
17 Nov 09
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.
• India
18 Nov 09
hi aunty, yes, to invest in gold anytime it will need for our purpose, thanks for your response, have a nice day.
@abhaijith (2963)
• India
17 Nov 09
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.
• India
18 Nov 09
hi abhaijith, i think you are a single person, after you got married you will have automatically responsable for your family, anyway, thanks for your response, have a nice day.