Safe place for your Deposits + Good returns

Safe place for your Deposits + Good returns Protecting money comes first, growth and returns next !!!

How many of these products are in your portfolio? How many are in a positive position now?

Going back to basics is key and one needs to appreciate traditional products amidst the marketing & lure to new age sophisticated products

Biggest assurance is Sovereign Guarantee from the Government & its institutions:

Allocate at least 25% of savings in these ...

Government Securities
RBI Bonds
PPF
NSC
Postal Savings Schemes
Sovereign Gold Bonds and many more, as available

Banking deposits have RBI insurance upto 5 lakhs per Customer per Bank (not branch)

Some Private Banks provide really good returns ... Private Banks is safe upto the insurance coverage even in worst scenarios ... Mix at least 25% of savings across Public & Private Scheduled Banks, without exceeding 5L limit per Bank ...

Fixed Deposits
Recurring Deposits
Sweeping Accounts and many more, as available ...

Investing is not only about fast growth and large crashes, its also about keeping a steady, peaceful pace in the right direction, as long as it beats inflation ... So make a good mix of traditional products, along with the advanced ones ... Is it Time to Act?

Part of 'Financial Therapy' initiative by CA A E V & Associates

Appreciate

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