SHORT TERM INVESTMENT OPTIONS

Q & A ForumCategory: InvestmentsSHORT TERM INVESTMENT OPTIONS
karaletejas asked 10 years ago
Greeting of the day sreekant, My name is Tejas. I am earning net rs.17000 per month after deducting my expenses I am having rs.15000/- in hand I want your golden advise that where I should invest this money for best returns cause I want to save this money for my classes. And one more thing can you please tell me where I can do investment banking course. I am about to give my ca final attempt in may 2017. Waiting for your response.
3 Answers
Sreekanth Staff answered 10 years ago
Dear Tejas, May I now what classes?  (CA classes?) What is your investment time-frame? By when do you require this money? Any of your family member(s) dependent on you, financially?
karaletejas replied 10 years ago

Thank you very much for your Response Sreekant
1.Class is for investment banking, means whether i do from B-SCHOOLS or private institutions for which i am saving my money & whether it is a wise decision to do investment banking.
2.I want this money in mid of august
3.and my family is not dependent on me, i am just doing this job so that i can manage all my future education expense by myself.

Tejas

Sreekanth Staff answered 10 years ago
Dear Tejas, If you need money in next 6 months or so, suggest you not to take any risk or chase the returns. You may just book RD/FD in a bank. Appreciate your objective to save for your own education expenses.  Which course? - That you are the best person to plan your academic life / career. All the very best :)
karaletejas replied 10 years ago

Thank you sreekant
just last question my elder brother is having Rs.34000/- salary in hand he is saving Rs.20000/- per month & want to invest money for at least 1 or 3 years,can you suggest any option for him & he is married.

Sreekanth Staff answered 10 years ago
Hi, He may consider Short term Debt funds or MIP Fund. Kindly read: Best Investment options. Best Debt funds. Types of debt funds. Best MIP Funds.
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