POSTED BY June 17, 2013 12:14 pm ONE COMMENTON
I am reading “16 Personal Finance Principles Every Investor Should Know”. This book suggest to invest in Equity/PPF.
Recently I switched my home loan from IDBI to Max gain and after that I am putting all my additional money in max gain account.
I have stopped putting money in equity (Maximum investment I have made in equity compared to other traditional products) and other investment options like FD, PPF.
Should it be preferred strategy for me?
If future I want to purchase car and second home and I think putting money in maxgain assuming I am getting 9.95% interest (by saving homeloan interest) which is more compared to other products.