POSTED BY January 20, 2014 8:33 pm COMMENTS (17)ON
Firstly, I would like to thanks you for monitoring a great web page like Jagoinvestor and sharing your precious knowledge for the benefit of million people.
I am an NRI working in UAE from last 8 year. my age is 33 and till now I did not save anything neither invested in any market in other term I have 0% future plan. After regular visiting to your web page Jago Investor, I got an idea to invest some money for my future. As in UAE I am not working with a high salary market but I have my plan to invest approximately 5000/rs. monthly or may be slightly less than that.
I would like to request you kindly guide me with lay man language as I am not strong in financial/commerce language, how I can invest this money and what kind of requirement is needed to invest this money. Please note that I have 2 account with HDFC bank one is NRI and another is Saving account. Can I use this account and this bank for opening my demat account and invest above mention amount on a monthly basis for long term investment.
Once again, thank you very much for making people aware for their future and educating them to plan something. In my case, if I will be able to plan something, all credit will go to you only, as I had never think about this side. For me, what I was understanding to keep money in NRI account or saving account is the saving but you change my concept.