Monday, June 16, 2008

Investing Money

Though "Live in Present!!" should be our motto, we should never forget that this present decides our future. Wealth is one of the important aspects in our life. The best way to be secure in future, is the idea of investing money. The investors have to clearly identify their needs as per their age. Some may invest for the future of their kids, some may invest just to get higher returns as compared to their current financial position and some to be financially independent after their retirement.
I invested in one of the schemes of HDFC "Unit linked young star" prioritizing my son. For an instance, it would be a good option of investing 40000 per annum for 15 yrs. provided u are capable of that. But how much to invest ? This is something, which u have to plan. For leading a good future life, you should not ruin your present. Be economic not a miser.
You can visit the following site, if you are a beginner. How much Money to Invest

If you wish to get Rs. 30 lakhs returns after investing for 10 yrs. Then go to site to see the saving suggestion at http://militaryfinance.umuc.edu/calculators/FinCalc2.html.

The saving calculator can guide you. Visit...
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