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i would like to invest 20000 every month..where should i invest so that to get good returns..?
i mean in which mutual fund or shares,sip,fd etc....
12 Answers
- 1 decade agoFavorite Answer
I would suggest watching Mad Money with Jim Cramer on CNBC. Excellent information and fun to watch....this guy is crazy and brilliant. I have used tips off of his show.....then did my own homework (reading charts, etc) and I created a watch list on Yahoo Finance (this will give you all kinds news releases, financials, analyst ratings, hot updates). With the market being down quite a bit, its a great opportunity to grab some stocks.....With my method I have at 89% return on my money since January....skill and a bit of lucky timing.
They say no matter who tells you about a stock you should do your own research...I spend about 20-30 minutes only to review my 'watchlist' each day and it has worked fine for me.
Here are a few that I just bought this week and why....you make your own calls:
AAPL has a target price of 177 (on thestreet.com)..tied in with Cramer,etc.
ATVI has a target price of 25
POT has a target of 99
RIMM has a target of 109
and RIO has a target of 88
all of these are expected to create a return between 18-40%....we will see!
Good Luck and Good Homework!
and as Cramer would say "Boo-ya"
- 1 decade ago
Invest in Systematic Investment Plans in following Mutual Fund Schemes:
Rs. 5000 Each every month in:
Reliance Growth Fund
Franklin India Prima Fund
HDFC Equity Fund
ICICI-Pru Servies industries Fund.
Invest for the long term and retire wealthy.
- 1 decade ago
Dear Friend,
Whenever you think of "Investments", you should first know your needs and goals completely before investing into any schemes. For that purpose, you need to plan your investments so as to get your money back whenever you needed alongwith good returns as well as avoid tax losses. So, you should distribute your investments into various schemes - like FDs, PFs, RDs, MFs, Stocks, Real Estate, Gold, etc. but remember not to treat insurance as an investment. "Insurance" is for the purpose of insurance only. It is advisable to take the help of an expert for the purpose. You can also attend "I Love Money" Workshop which is also a very good investment. For more information, log on to "www.themoneyworkshop.com".
Some of the good MFs are,
Fidility Global Opportunities, SBI Comma Magnum, Birla Gennext, Stanchart Classic Equity, Reliance Growth, SBI Taxgain,HDFC Tax Saver, etc.
Some of the Good Stocks are,
Financial Technologies, Unitech, Akruti Nirman, Bharti Airtel, Reliance Communications, Glenmark Pharmaceuticals, IFCI, Reliance Industries, Reliance Capital, Reliance Energy, Maruti Udyog, Infosys, Wipro, HUL, ITC, TCS, Satyam, SBI, Canara Bank, ICICI Bank, TVS Motors, Bajaj Auto, Hero Honda, etc.
Wish you good luck.
- 1 decade ago
Hi there
If i have to suggest someone i would abruptly say shares because i have been doing this and doing it very successfuly consistently and has made it my profession...
Now i am not only trading myself but also guiding others...But it depends upon individual to individual...Mutual funds SIPs will invest in the market only but the return is not assured and they will stay invested even if the market falls.(some companies do not though)
PS: I PAID A TUTUION FEES FOR TRADING SUCCESSFULY AND THAT FEES WAS LOSS BECAUSE OF NO PREPARATION)
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- BharatLv 51 decade ago
Invest 10000 in MF through SIP (choose 2 or 3 mf).
Chhose from HDFC Equity, Reliance Growth, HDFC growth.
Invest rest 10000 in RD (giving 9.5% return these days),FD, PPF Etc.
- Anonymous1 decade ago
the returns depend more on the time period invested than the money invested. would you believe if i say that if you invest Rs.20000 every month for 20 years, the money that would be in your account will be INR 2,65,61,469 !! do you believe it. at an average returns of 15% per annum you can hope to see this amount. if you are serious, mail me for complete details
- Anonymous1 decade ago
Here is an investment that can give a 80% interest on your investment in less than 12 months. For example.. if you invest $15,000 - you will get up to $19,000 12 months later.
- 1 decade ago
Participate in the Programme provided by Sunshine Empire -- healthy returns with diversified assets.
Source(s): http://www.sunshine-empire-holdings.com/ - 1 decade ago
in my view consider investing in mutal fund via sip, it will see through making ur money grow and see the liquidity in times of diffcult times. try making balance in equity and balance funds.
- 1 decade ago
you should invest in educating yourself about investing...
take a trip to your nearest book store