POSTED BY September 8, 2013 10:58 am COMMENTS (2)ON
I am currently doing job in mumbai with monthly salary of 35k , I have been following jago investor blog and forum for quite sometime and read good posts.
I am confused regarding my situation as I plan to go for further studies in next 1.5 years, and till then where should I put my money so that it can be easily available during visa process when needed.
I have just taken term insurance plan of 50 Lac, and rest all things are still to be done like medical insurace , tax planning etc.
Also I would want to put my money in such a way that In case my visa is not approved then it would give respectable return just in case visa is rejected. but I am optimistic of getting it.
Kindly guide me
Thanks in advance
2021 © Jagoinvestor.com All Right Reserved
2 replies on this article “ragarding investment for prospective masters student”
Dear Pawan, please park your money in bank FDs.
1.5 yrs is good for short term debt funds or fd.. don’t let it lie in savings account..