Advise for investment for regular income
I retired recently from private service and getting PF amount etc. Please suggest good investment scheme/s for getting regular income. I do not get any pension like benefit from my earlier services except PF Pension. Please suggest. more
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The best solution is Large Business houses like AVB Group float banks to help Retired lot. more
Jan 14
You can go POST OFFICE MONTHLY INCOME /Birla Insurance . On Sun, Jan 7, 2018 at 9:12 AM, SN Sitaram wrote: > more
Jan 10
Hard days are coming for those who are dependent on interest income due to gradual decrease of interest rate of financial institutions. So i suggest to perk a portion of your money in schemes like MIS, SCSC .
(interest more than 8% pa) .
Beside that you can maintain portfolios in SIP, In this respect I would request you to do some home work before investment.
A portion of money may be invested in bank's term deposit for easy liquidity in emergent situation.
If you have interest/ knowledge in share market, a small amount can be set-aside for this purpose.(but do it with due care, passion).
Further, as you retired recently from private sector, possibility of getting monthly pension at a enhanced rate in context of Supreme Court's recent ruling may be examined , if your contribution in EPF is more than statutory limit. more
(interest more than 8% pa) .
Beside that you can maintain portfolios in SIP, In this respect I would request you to do some home work before investment.
A portion of money may be invested in bank's term deposit for easy liquidity in emergent situation.
If you have interest/ knowledge in share market, a small amount can be set-aside for this purpose.(but do it with due care, passion).
Further, as you retired recently from private sector, possibility of getting monthly pension at a enhanced rate in context of Supreme Court's recent ruling may be examined , if your contribution in EPF is more than statutory limit. more
Jan 16
