Fixed deposits are garranted source of income. Certain part of the money should be invested through mutual funds depending on the age of the person. Young people with less responsibility should invest more than older people.
My personal experience with these forms of investment has been somewhat mixed.It's absolutely essential to have a sound grasp of the risks involved in various kinds of investment and one's needs and risk profile.I am very happy with my investments in equity.The principle I follow is doing some value buying when the market is deep in the red and exit when those are in profits with a medium to long term horizon.The average return works out to not less than 20% p.a.
Former Punjab finance minister Manpreet Singh Badal is all set to launch his political party Sunday at a rally in Khatkar Kalan, the village of freedom fighter Bhagat Singh who was martyred in 1931.
Manpreet Badal, nephew of Punjab Chief Minister Parkash Singh Badal and the cousin of the ruling Akali Dal’s president and Deputy Chief Minister Sukhbir Singh Badal, left the government last October following differences over governance issues.
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