Know anything about Investments/ making money ?

[izzikio_rage]

@himadri: so where did you end up investing. How is it going?

 

[ashs1]

incase you're still looking for good fd schemes,

the other day, i saw in IDBI that you get a return of 9.5% for a period of 555days. better than Andhra bank which offered 9.3% return.

You also have the option of investing in FD in local corporation banks ( slightly higher risk, but they offer more returns )

 

[Deleted member 26636]

@himadri: so where did you end up investing. How is it going?

lol haven't even started. Too busy with other stuff to even think about it. Making it a new year resolution for 2014

incase you're still looking for good fd schemes,

the other day, i saw in IDBI that you get a return of 9.5% for a period of 555days. better than Andhra bank which offered 9.3% return.

You also have the option of investing in FD in local corporation banks ( slightly higher risk, but they offer more returns )

Thanks for the info. I'll consider these once I actually start doing something

 

[flyingcow]

idk how much you have saved but you mighy also wanna do some research about land. buy land now and get like 2x or 1.5x price after a few years, or maybe buy houses and give them on rent( but you gotta have money for this)

 

[hsnayvid]

lol haven't even started. Too busy with other stuff to even think about it. Making it a new year resolution for 2014



Thanks for the info. I'll consider these once I actually start doing something

if you are just starting out and willing to take risks, but dont have enouh time to track the stock markets, I would recommend that you start with Mutual Funds (MF), and the easiest way is through SIP (systematic investment plans), where you decide a figure and invest on a particular date every month in the fund.
Start with a reputed Equity diversified fund like - Birla Sunlife Frontline Equity Fund, Kotak Opportunites or DSP Blackrock Top 100.
Start with something small, say 500/1000 and increase as you gain confidence.