Best long term savings and short term small investments

POSTED BY shivona ON March 1, 2014 11:28 am COMMENTS (8)


i am shivona, i am 26 yrs and earning 16000/- per month, till now i dint ever bothered for savings and investments, i also dont have a EPF account , and any savings with me , i do more spending then savings, but now i am planning for a long term savings with good returns (no risk taking) and also if i can do some small short term investments which can give me some yearly returns ….is there any such options available for me ???

8 replies on this article “Best long term savings and short term small investments”

  1. shivona says:

    for me risk is like at least i should get the basic i.e. what i have invested it should not go negative??

  2. ashalanshu says:

    Dear Shivona, can you define risk as per your own understanding?



  3. shivona says:

    also plz answer on tax deductions…if i invest Rs.8000/- per month for one year with 9% interest applicable so what will be my finale maturity value and will there be any tax deductions ???

  4. shivona says:

    sry ashal, i vl explain…..short term is like for 1 year investments with good returns and long term is like for 20 years or so but safe and good returns and for both i want tax free

  5. ashalanshu says:

    Dear Shivona, you skipped the answer to my query.



  6. shivona says:

    Thnks Hemanth and Ashal for your suggestions, to begin with i m thinking of investing half the salary in RD may be SBI for 1 year , but is Tax deductions or Income tax applicable to it???? and also to PPF ??

  7. ashalanshu says:

    Dear Shiv, can you define your long term? Is it 1Y or 2Y or 5Y or 30Y? Please be specific.



  8. Hemanth Chandra says:

    If you don’t want any risk, debt instruments are the best. For long term PPF is good. As you don’t have EPF yet, better start PPF.

    For short term, opt for Fixed Deposits, Recurring Deposits which will help you inculcate the habit of saving.

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