Best investment

[KK]

Folks, give me your ideas on good ways to invest with one's salary savings in hyd. Ideally, I want to invest in something that pays me back on monthly basis. If real estate is an obvious choice, can someone suggest good places to buy land?

[CtrlAltDel]

none of the investments pay u back on monthly basis at once..u wud have to wait a few months or years.

stock market is a quick way to get rich but its highly risky.

if u want to invest as well as save tax, study all the options provided for by the IT Act.

for land, well, the hot areas now are Gachibowli to Kukatpally belt, Medchal road, Shamshabad.

[akhilis2cool]

Folks, give me your ideas on good ways to invest with one's salary savings in hyd. Ideally, I want to invest in something that pays me back on monthly basis. If real estate is an obvious choice, can someone suggest good places to buy land?

for monthly income, mutual funds are a good bet. u also get tax benefits...but avoid going for funds that have been launched very recently. instead go for older funds tht have a good track record, coz new funds wld take a lot of time to strt giving u returns + theres no track record avlbl to make a good judgement.

[KK]

ty CAD & Akhil for ur ideas. IMHO, funds are as bad as savings in a bank. I'm gonna try my luck at the coming stock bull market, lets see if I'm gonna make a fortune or burn my hands. I, ofcourse, am not expecting immediate returns through my investment, long term return is my goal. I guess that only leaves me a choice of real-estate. Did ny1 think as wild as investing in wineries (well dunno if AP has got any) or investing in a restaurant - pub.

I strongly believe that the latter two could get you a fortune.

~K

[akshay]

With stocks, the most important thing to remember is to have an exit strategy. How much loss can you take before you dump the stock? At what point of gain will you take profit? How long do you wanna hold a stock that is just vacillating within +- 5%. Do good research before you venture into stocks. Remeber 100% gains are required for every 50% loss. Internet has a plethora of information on stock trading, most of it is useless, the only thing that is going to get you through is good due dilligence and ruthless discipline. My only suggestion will be to go slow, no need to make a mega entry. Best of Luck.