Do you prefer a short term or a long term investment plan?
By Paras Pandey
@parpande (1515)
Bangalore, India
October 15, 2017 3:16am CST
Keeping the money in account that has no locking period and easily accessible for transaction does not defines the term 'savings' indeed. Momentarily, savings are worth if invested in appropriate plans with a matured sum in exchange.For this reason , people are earnestly looking at the market for appropriate mutual funds and stock markets. In India , real estate has seen a pitfall from the investors` viewpoint as a cause of late economic reforms aka GST and demonetization .
Few people are of the opinions that short term plans can content upcoming foreseen expenses for the family but the returns are not such high.Critics tend to recommend for long term plans potent enough of creating a good wealth.
Have you invested in some specific schemes , that you would like to share ?
2 people like this
3 responses
@aninditasen (18202)
• Raurkela, India
16 Oct 17
It depends on the situation. If you are young you can go for a long-term investment but that doesn't work well when you are in the evening of your life.
1 person likes this
@parpande (1515)
• Bangalore, India
22 Oct 17
@aninditasen May be , at a later age it would benefit one`s children.
1 person likes this
