Hi investors,
I am 34 with a 4 year old child. Is it good to invest ALL savings (PF accumulations+ Gold+ Cash Savings) to buy a residential plot. I am sure the plot I am planning to purchase, will appreciate in future. However, I have PF accumulations 4.7 Lacs, Cash 4 Lacs, Gold 2 Lacs & apart from that I only have a LIC endowment policy. I have no other savings till now.
Please suggest would it be wise to invest in that plot.
-Prakash.