POSTED BY February 5, 2015 6:19 pm ONE COMMENT
ONI want to buy a house. I may have to withdraw some money from my savings which are in PO MIS , PPF, tax free bonds@8.52%, bank FDs @9.05% ,MFs ,and some gold . What should I dissolve first in present scenario of declining interest .
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All your investments are unaffected by declining tax rates. Sit tight and hope for further rate cut. Then dissolve your FD, bonds, post office scheme. Keep gold for your own usage (or for future use). Don’t touch PPF.