short term investment from my retirement income.
sir can anyone suggest me how to invest short term less than 3 years,both tax free and taxable .I am retired govt.employee. more
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Best is to invest one third in the real estate land, one third in 12 tax free bonds with interest payment distributed over the year and one third in equity via MF or debt/equity funds or direct in equity - This is the best time to pick up some blue chips one in each of the category cement, pharma, consumer durable, bank and auto. And then just forget about it. Think of selling only when you need the money. more
Nov 29
You are advised to invest in Balanced fund of reputed Mutual fund and you will certainly get 10 to 12 percent interest tax free. If you are interested to invest more than 3 years then dual advantage fund of Mutual fund that is safe and earn interest of 9 to 10 percent. more
Nov 28
As you said you are a retired employee , i believe you would be 58+ and you time horizon is 3years. I will suggest you to invest in debt mutual Fund, NCDs and FMPs or Treasury Securities. This all will gives good returns in short term with minimum risk. more
Nov 28
