Investors,
Hello fellow investors, I have recently come into Rs 4 Cores as a result of the sale of Ancestral Property, this is actual cash after paying all taxes and fees.
For the first year I was able to put the money into a State Bank of India Fixed Deposit at 10% Interest for a period of 1 year, once this deposit came to maturity in September of 2009, all I could find was a rate of 6% with most banks.
I know the money is safe in a Fixed Deposit, but getting 6% per annum seems like I am not getting the most return for my investment being a young man.
Can fellow investors advise me about the various available investment options in India today?
I think what I need is some sort of wealth management, but the idea that is holding me back is the fact that I just dont want to entrust some Tom, Dick and Harry with my Money, I would prefer to learn about the different investing options within the economy and make my own investment decisions.
Any thoughts or advice would be much appreciated.
Hello fellow investors, I have recently come into Rs 4 Cores as a result of the sale of Ancestral Property, this is actual cash after paying all taxes and fees.
For the first year I was able to put the money into a State Bank of India Fixed Deposit at 10% Interest for a period of 1 year, once this deposit came to maturity in September of 2009, all I could find was a rate of 6% with most banks.
I know the money is safe in a Fixed Deposit, but getting 6% per annum seems like I am not getting the most return for my investment being a young man.
Can fellow investors advise me about the various available investment options in India today?
I think what I need is some sort of wealth management, but the idea that is holding me back is the fact that I just dont want to entrust some Tom, Dick and Harry with my Money, I would prefer to learn about the different investing options within the economy and make my own investment decisions.
Any thoughts or advice would be much appreciated.