Since Inflation eats interest rate, I amd planning to withdraw my money from Bank FD and Put In capital Market For New IPO, Mutual Fund . Isel New Ipo Immediately on listing , where as I hold Mutual fund and equity, pl guide. In bank we have to wait 7 years to double the money and where as in stock ayear or so ? Investing only in Blue chip company
Home | Investing | Blog article: Stock Market is Booming in India, is it advisable to remove Bank FD and put in stock market. .Pl advise?
E Redd 7:31 am on August 23, 2010
Here in the States, nearly every advertisement for investment products states "Past performances does not guarantee future results". While India’s market has been very strong as of late, that does not mean it will go up this year or next year. You should think about allocating a reasonable (20% or less) of yours savings to the market, particularly since it seem like you have a shorter time frame.
The only exception to this is if you are willing to not touch your investment for 20+ years, then a very high percent of your funds should be in equities.