Pleasure in life and contented life is to spend the money of its own importance. The savings have to go and systematically. Money management is also a way to save money or is called Financial Planning. Money saved from his income in bad times you could be of quite the same amount of savings you can make your dreams come true. Although this source of savings depends on your income.
Income left after expenses necessary part of everyday often we want to invest the place where the funds are safe as well as on it, get some better returns. Actually we would not know how we place our hard-earned money to invest, where the money are safe and meet her better returns. Let us know your hard-earned money in this market and better returns for the income which he can plan in which we invest.
Savings Plan
Savings plan under the traditional and non traditional scheme.
Under the traditional plan, including banks and post office facilities. Under the savings account, in addition to Ssaodhi Deposit National Savings Scheme, Kisan Vikas Patras, Rakaraing etc.. Such plans would not risk a certain time with interest you are getting money. This kind of planning for such people more friendly, which Arthjagat ups - and downs do not know or a tam - Indulge in Zam Peacre not want to. Generally rural environment and older people or retired people can make its investment in such schemes.
Post Office to invest in
Non-traditional investments or investment under the scheme is to use such words. Under it, the stock market, funds, etc. Amyuchjoal come. Better returns to expect that the young people aged 25 to 35 are the right investment for them is in such plans. The investors get better returns than traditional plans. However, it is to take risk. It ups the risk that the stock index - is to keep an eye on downs. Direct connection of non-traditional plan is linked to the stock market. If you are young and willing to take risk, you can invest in such plans.
If you keep an eye on the stock index is the lack of time you can invest in mutual funds. In fact, mutual funds are the way to enter the stock market. After investing in the stock market where you have to always keep an eye on your stock Aallrjoashne. While working in mutual funds in the hands of your fund manager is. Also good - get substantial returns.
Insurance
Deposit insurance schemes in general funds is considered a kind of investing. While this investment is slightly different. In fact, insurance plans, savings plans also varies. Insurance means bad times financially in the person providing assistance. Insurance schemes, the amount collected under the traditional plans, insurance companies, gives a little more return. Cover the same risk. The government also encourages people to invest in it. The money collected as a result of incentives under the Income Tax Act also get some discount. The people are the draw.
ULIP Plan
Insurance and investment found - as is the combination ULIP plan. Ie ULIP Unit Linked Insurance Plan. In fact, when we take ULIP policy, then invest in the money market, ie a share capital is invested in the stock market and the other part is the insurance cover. According to analysts Plan ULIP returns are better.
There are several investment options.
Equity means a complete money is invested in the stock market. Safe investment plan under the equity and debt market investment ratio is 70 and 30.
Under the balanced plan to invest in ULIP Plan is the ratio of 50-50. Although the policy options to borrowers switch is found. From a plan under which three times a year have the option of going to plan. Most three-year lock ULIP schemes - these are ended. The only advantage you can make when you plan ULIP for a period of at least 10 years to invest.
