Monday, April 5, 2010

Tax Planning -Part2

Safety of Investments
"All eggs should not be kept in one Basket" is very applicable in case of personal investment.Howsoever lucrative the investment proposals may be it should not be allotted an excessively large portion of your savings.It is recommended that entire savings available for investment should be divided at least into four to five portions so that the investment is spread over different areas.

Investment strategies should also focus on safety and security of the investment.Hence lucrative-looking investments but which carry high risks should be totally avoided. Investments offering medium returns but which ensure topmost security and safety of invested funds should be perferred.

Types of investment

  • senior Citizen Investment

  • Women Investors

  • Life Insurance

  • Investing for Children

  • Investing in property

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