Where do you invest your money?

sbasak · 2nd May 2006, 16:05

Wondering where do bhpians invest money??

Multiple selections possible.

Mods: Please add some more options if I missed some good ones.

Note from TBHP support staff : Mutual funds option added

ghostrider4385 · 2nd May 2006, 16:19

One you missed... the commodities market. The world's biggest market, though in its nascent stages in India. I have most of my funds put into real estate. For the rest, I have a portfolio, Insurance, FD's, MF's of Reliance & Franklin Templeton and the rest in the commodities market. Few 'chota mota' shares in the small industries.

Godspeed

Alok.

amitoj · 2nd May 2006, 16:25

Quote:

Originally Posted by sbasak

Wondering where do bhpians invest money??

Multiple selections possible.

Mods: Please add some more options if I missed some good ones.

LOL... keep wondering mate!!

Amitoj

tsk1979 · 2nd May 2006, 16:28

You need to have money to invest, right?

On a more serious note
Little bit in stocks and some mutual funds , medium bit in insurance and mutual funds(ELSS) to get tax benefits.
I am leaning more towards mutual funds. Though the gains are less, so are the risks.

tifosikrishna · 2nd May 2006, 16:42

Quote:

Originally Posted by tsk1979

I am leaning more towards mutual funds. Though the gains are less, so are the risks.

How do you say so??? It all depends on the kind of scheme you invest in.. it all depends on whether you invest in debt or equity or debt/equity fund... hence MF per se cannot be labelled as a less risk investment option.

amitoj · 2nd May 2006, 16:48

Quote:

Originally Posted by tifosikrishna

hence MF per se cannot be labelled as a less risk investment option.

MFs are less risky simply by virtue of diversification, even for sector specific funds.

finneyp · 2nd May 2006, 16:53

sbasak, Can you add 'Mutual Fund' to the options?

My surplus (though never happens :-)) goes to MF!

tifosikrishna · 2nd May 2006, 16:57

Quote:

Originally Posted by amitoj

MFs are less risky simply by virtue of diversification, even for sector specific funds.

ya i agree with you on the diversification part (risk is spread across different baskets), but an investment in funds which invest in emerging sectors like biotech (where they try to identify multi baggers and invest) is no way a less risk investment option. however i also agree that investment in MF connotes as a less risky investment....

tsk1979 · 2nd May 2006, 17:12

I meant compared to Stocks. No matter what type, MFs are always less risky than stocks

amitoj · 2nd May 2006, 17:15

"Investments in mutual funds are subject to market risk. Please read the offer document carefully before investing" *read at speed of light!*

Zappo · 2nd May 2006, 17:19

Quote:

Originally Posted by tifosikrishna

ya i agree with you on the diversification part (risk is spread across different baskets), but an investment in funds which invest in emerging sectors like biotech (where they try to identify multi baggers and invest) is no way a less risk investment option. however i also agree that investment in MF connotes as a less risky investment....

Oh. Actually there are multitudes of flavors amongst the MFs... just as two different cos. may not be the same when it comes to investing in their stocks. So obviously if you go in for those emerging sector funds, contra et al you are basically going in for a specific and at times esoteric fund. If it clicks it may make you rich and the opposite may also be true.

However just like in stocks there is a way to make your investments more secure in MFs as well. Do not go for sector specific funds. Similarly, if you are looking for maximum safety with the gains of the stock market go in for Large Cap funds. Mostly the Equity Diversified kinds.

Select a fund based on data. Data does not mean that some XYZ fund has grown by 20% in the last 6 months and so... Look for 3 or more years of data. Typically one that has gone through the cycles of lows, highs and turbulent phases. Look at the fund's individual records vis-a-vis the sector in general. These are good markers. It also pays to know the fund manager and target your funds accordingly.

Haa haaa haaaa... there I go again

But believe me it can be worthy if you know your way around.

The Matrix · 2nd May 2006, 17:50

investment in real estate would be the safest bet. There are a few ppl who also invest in gold (again a safe bet).

ritik123 · 1st September 2006, 23:15

Ok..so its that time of the year again when we have to put aside a lot of money to save a small amount of tax. Though I've been traditionally investing in NSC's this time around I want to invest in ELSS, mutual funds. Mainly due to the ease of transactions.

Guys, pls throw some light (based on your experiences) on which MF's ( i mean HDFC, fidelity etc) should I invest. Anybody lost money by investing in ELSS?.

Any other tax saving non government investment option available out there?

Thanks in advance.

ssl2uv108 · 2nd September 2006, 20:22

Quote:

Originally Posted by ritik123

Guys, pls throw some light (based on your experiences) on which MF's ( i mean HDFC, fidelity etc) should I invest. Anybody lost money by investing in ELSS?.
Thanks in advance.

Reliance vision and growth funds have best CAGR in MF
Check if they have an ELSS option.

Right now u can put upto 1L in 5 year FD's. They (5year FD only) get u 80C tax benefits similar to NSC PPF etc. only need to lock in for 5 years vs rest.

2L8uLoose · 2nd September 2006, 21:09

I REFUSE TO VOTE ON THIS POLL..
First off I am ASHAMED of all you people that have voted here^^^ and that are going to vote after I post...
You all are supposed to be car obcessed people.. whatever spare money you have SHOULD BE INVESTED IN YOUR RIDE.. tsk tsk.. forshame on you folks!!

View Poll Results: Where do you invest your surplus money?
Conventional (NSC/PPF/LIC/Fixed Deposit etc.)	142	50.35%
Share/Stock Market	112	39.72%
Mutual Funds	160	56.74%
Business (own/family/friends)	17	6.03%
Real Estate (land/flat/house)	101	35.82%
Others	12	4.26%
Multiple Choice Poll. Voters: 282. You may not vote on this poll

2nd May 2006, 16:05	#1
sbasak BHPian Join Date: Nov 2005 Location: CCU-LTN Posts: 608 Thanked: 14 Times	Where do you invest your money? Wondering where do bhpians invest money?? Multiple selections possible. Mods: Please add some more options if I missed some good ones. Note from TBHP support staff : Mutual funds option added Last edited by tsk1979 : 2nd May 2006 at 17:16.
	(2) Thanks

2nd May 2006, 16:19	#2
ghostrider4385 BHPian Join Date: Dec 2005 Location: Hyderabad Posts: 389 Thanked: 12 Times	One you missed... the commodities market. The world's biggest market, though in its nascent stages in India. I have most of my funds put into real estate. For the rest, I have a portfolio, Insurance, FD's, MF's of Reliance & Franklin Templeton and the rest in the commodities market. Few 'chota mota' shares in the small industries. Godspeed Alok. Last edited by ghostrider4385 : 2nd May 2006 at 16:21.
	() Thanks

2nd May 2006, 16:28	#4
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,790 Times View My Garage	You need to have money to invest, right? On a more serious note Little bit in stocks and some mutual funds , medium bit in insurance and mutual funds(ELSS) to get tax benefits. I am leaning more towards mutual funds. Though the gains are less, so are the risks.
	() Thanks

2nd May 2006, 16:53	#7
finneyp Senior - BHPian Join Date: Dec 2005 Location: Bangalore Posts: 2,716 Thanked: 319 Times View My Garage	sbasak, Can you add 'Mutual Fund' to the options? My surplus (though never happens :-)) goes to MF!
	() Thanks

2nd May 2006, 17:12	#9
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,790 Times View My Garage	I meant compared to Stocks. No matter what type, MFs are always less risky than stocks
	() Thanks

2nd May 2006, 17:15	#10
amitoj Senior - BHPian Join Date: Nov 2004 Location: Windham, NH USA Posts: 3,344 Thanked: 3,048 Times View My Garage	"Investments in mutual funds are subject to market risk. Please read the offer document carefully before investing" read at speed of light! Last edited by amitoj : 2nd May 2006 at 17:19.
	() Thanks

2nd May 2006, 17:50	#12
The Matrix BHPian Join Date: Sep 2005 Location: Bangalore Posts: 112 Thanked: 2 Times	investment in real estate would be the safest bet. There are a few ppl who also invest in gold (again a safe bet).
	() Thanks

1st September 2006, 23:15	#13
ritik123 BHPian Join Date: Jul 2005 Location: United States Posts: 123 Thanked: 4 Times	Ok..so its that time of the year again when we have to put aside a lot of money to save a small amount of tax. Though I've been traditionally investing in NSC's this time around I want to invest in ELSS, mutual funds. Mainly due to the ease of transactions. Guys, pls throw some light (based on your experiences) on which MF's ( i mean HDFC, fidelity etc) should I invest. Anybody lost money by investing in ELSS?. Any other tax saving non government investment option available out there? Thanks in advance.
	() Thanks

2nd September 2006, 21:09	#15
2L8uLoose BANNED Join Date: Feb 2005 Location: Bombay Posts: 628 Thanked: 6 Times View My Garage	I REFUSE TO VOTE ON THIS POLL.. First off I am ASHAMED of all you people that have voted here^^^ and that are going to vote after I post... You all are supposed to be car obcessed people.. whatever spare money you have SHOULD BE INVESTED IN YOUR RIDE.. tsk tsk.. forshame on you folks!!
	(1) Thanks

Thread Tools	Search this Thread
	Search this Thread: Advanced Search