jvblogger
 |
Now this is something I dream of.
You want cash return on your investment, not just appreciation on the paper , therefore you need securities which gives you actual return.
You need 12% return on your investment to get Rs. 50,000-00 each month.
For simplfying the process, I would advise you invest 20% in Nationalised Bank FDR , where about 8-9% return is secured.
Second 20% would be advised to be invested in few Mutual Fund (Balannced Funds) , which has given absoulute return of 107 % in last 3 years.
Next 20% should be invested some Equity Divesfied or Index Mutual Funds, which has given respective 181% and 141% absolute return in last 3 years.
Fourth installment of 20% be invested in direct equity shares, selecting some long term scrips like Infosys,TCS etc..
That's account for 80% of your investment, and I would advise to keep last 20% in liquid cash or in bank for emergenices / contiguity. (You can use this cash amount to apply in IPO also)
Interest on FDR should be deposited in account, not accumlated till the maturity date, so you receive interest in bank (TDS will be deducted from the income of interest)
You have to select Dividend Payout option in all mutual funds, so your appreciaiton are returned in cash not to be reinvested in units (Dividend is tax free)
I believe, probably through returns in FDR and MF you will receive enough amount as per your goal and therefore you can keep the equities shares intact without need to sell them for urgent cash as you are having last 20% in hand. However, periodcally profit booking in equites are advisable. Additional amount over your need can be reinvested again.
I have not conisdered gold and real estate for your investment, as they would not give regular return. You may considering some extra amount received above your need to be invested in gold , as it is one of the safest investment.
Happy investing!! |
vika
 |
The first thing that you must understand about investing is:low risk=low return, high risk=high return. My advise is think about your risk preferences one more time and further think about high yield bond mutual fund, `cos with such small amount of money impossible to earn $600000 p.a. |
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