The basic principle says that once we start earning money, our earned money should earn more money for us. We can get 8-9% pa Pre Tax from FD, 10-12% pa from MF for 5 years + investment horizon and 15-20% for Direct Equity again for 5 years + investment horizon. Real Estate is another good avenue and can fetch similar or higher returns.
Does anyone know of any better options to make greater returns without being full time engaged? I understand that more risks one takes, will mean more returns. We can't take risk with all of our money but with some, we can perhaps take.
One of my friend replied to this query with a comment that prices of Onions have gone up by 880% compared to 2 Digit return by all assets in 2010 :)
Regards, Rohit
No comments:
Post a Comment