The 9 safest investments for you
It might seem ridiculous to talk about safe investments and sound returns at a time when the equity markets are down 34 per cent + since last year and a tumbling real estate market is giving most of us sleepless nights.
One thing that the glum developments of the last 18 months have taught us is that when things go wrong, it's time to go back to the basics. When everything around us is crashing, the only comfort is in the simple and staid; like listening to an old song, or eating your mother's cooking.
For our money lives, this new reality of volatile markets indicates the need to go back to old options and invest in products that our parents relied on, the ones we turned our noses up at as too cumbersome, or even too boring.
These options, debt products with fixed returns mostly sold through post offices, are the safest possible as the government guarantees them.
Read More here
Source www.business.rediff.com
Comments
Post a Comment