Here to invest for Guaranteed and safe investment ?

POSTED BY Triyambak Singh ON January 30, 2014 9:22 am COMMENTS (9)

My age is 30 years right now and my annual income is 10 Lac P/A.  Please suggest where I can invest money which would be suitable for me. currently I am investing  50,000 per year in PPF ( SBI Bank ) and 25,000 Per year in LIC Jeevan Saral Policy

I am investing 75000 yearly  right now, I want make more investment around  50000 yearly. so I need your suggestion where i can invest  these 50,000 Rs which will be safe and guaranteed .

Appreciate if any one revert early

9 replies on this article “Here to invest for Guaranteed and safe investment ?”

  1. ashalanshu says:

    Dear Triyambak, thanks for the added info. If you feel 2 montns wait is worth of your money, so be it.

    Thanks

    Ashal

  2. Triyambak Singh says:

    yes, i have some other policy in which death benift will cover e.g 10 Lac from LIC and 25 Lac from comp insurance , i am taking risk for 2 month

  3. ashalanshu says:

    Dear Triyambak, please accept my congratulations that you are sure for your life that nothing is going to happen in next 2 months.

    Thanks

    Ashal

  4. Triyambak Singh says:

    Right now no, But I will take term insurance for 50 Lacs next financial year i.e in April 2014. leave part of term insurance suggest for investment only.

  5. divya.advisor says:

    before you think of investment. Do you have term life insurance plan of rs 1 cr atleast and a family floater health insurance plan of atleast rs. 10 lakh?
    secure yourself first before making the investment.

  6. Triyambak Singh says:

    Now I am going to invest total 1 LAC in PPF and 25000 in my running LIC policy , if still required invest some money i will open another PPF account with name of my wife and invest remaining amount in that PPF amount .
    please suggest , if this will be right step for me

  7. ashalanshu says:

    Dear Triyambak, what is safety for you? Please answer my above question, are you happy to have 107 Rs. in your pocket from bank Fd after 1Y whereas to purchase the same things, you need 111 Rs. Please think over it and try to answer with your own thinking. We are not expert. All of us are trying to help each other.

    If you are not aware about us – I’m Chem. Engr. by profession. Manish, the owner of JagoInvestor is an MCA.

    Thanks

    Ashal

  8. Triyambak Singh says:

    you are the expert you can suggest me , apart of PPF where i can invest remaining money.

    please suggest some good option

  9. ashalanshu says:

    Dear Triyambak, the safety is there for your money in bank FDs but is it really safe there? When the retail inflation is running @ 11% and you are earning 6-8% post Tax (subject to your tax slab) from your bank FDs? Please think over it.

    Thanks

    Ashal

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