Photo: Sameer Kulavoor

Investing has never seemed so scary and confusing. You only have to read the newspapers. People losing their savings as corporate fixed deposits, plantation companies and chit funds go bust. Agents telling you that insurance is the best investment (it isn’t). Or making you believe that their unit-liked insurance plans (ULIPs) are mutual funds. Home loans getting costlier, making some mortgages harder to pay off. A stock market that looks too expensive for buyers.

It’s bewildering. Yet, we all need to save and invest more, especially to safeguard our days of retirement. Why, we live in a country with no social security plan, where provident funds can barely meet retirement needs. This leaves you with only one choice: Making investments yourself as early as possible. To learn more about effective investment practices, click here

 

104
Like this Article?Vote it Up!

Most Popular in Money

  1. Invest Now and Beat the Experts!
  2. Money Rules It Pays to Break

More Magazine

Post A Comment

Name*
Email*
Comment*

Product of the Month.. Up for Grabs!