AN INVESTMENT IS FRUITFUL IF AND ONLY IF IT YIELDS YOU SUBSTANTIAL INTEREST.IT WILL BE HIGHLY USEFUL JUST TO TAKE A LOOK AT THE FOLLOWING STATISTICS. THE NUMBERS ARE THOSE RELATED TO THE INDIAN (OR ASIAN ) MARKET BUT THE IMPLICATIONS ARE ARTHER SAME WORLD OVER
1.BANKS IN DEVELOPING NATIONS OFFER 8-9% INTEREST PER ANNUM ON FIXED DEPOSITS WHILE IN DEVELOPED COUNTRIES THE RATE CAN BE AS LOW AS 4-6%.
2. PRECIOUS METAL LIKE GOLD CAN EARN YOU AROUND 5-7% .
3.INSURANCE AND POST CERTIFICATES DO PROVIDE YOU FINANCIAL SECURITY BUT THEY EARN YOU PRETTY MEASLY INTERESTS,AND INVESTMENT BEING FOR A LONG PERIOD ISN'T ALL THAT PROFITABLE.
4. REAL ESTATE IS ONE FIELD WHICH CAN GIVE YOU WHOPPING RETURNS BUT THE INITIAL INVESTMENT IS HIGH AND PAPER WORK INVOLVED ALWAYS LEAVES SCOPE FOR CON MEN.
ON THE OTHER END SHARES CAN PROVIDE YOU UP TO 15-17% INTEREST,THERE IS ALWAYS THE OPTION OF OPTING OUT AND INVESTMENT BEING MONITORED BY THE GOVERNMENT IS ALWAYS SAFE.
Friday, 16 February 2007
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