Not exact matches
Various
investment schemes perpetrated on investors in Canada and the US, the most infamous
being the high profile fraud committed by Bernie Madoff, make us all ask the question,
are my
investments safe?
So
is it better to stay invested and not redeem any appreciated value beyond 1 Lac at all or should I come out of the
investments now itself and park funds in say Fixed deposits or other
safer schemes (perhaps in my parents» name as they
are senior & non-tax paying).
One of my friends told me about Systematic
Investment Plan that he says
is the
safest stock investing
scheme.
As compared to the other
investment alternatives the life insurance policies yield better return and the money invested in the
scheme is safe and covers risk.
Investing in bank fixed deposit
schemes is extremely
safe, and
is also a way of gaining a fixed income on the
investment made.
SBI's Senior Citizens Savings Scheme
is a
safe investment option for retired taxpayers looking to deposit their money in government - backed
schemes.
The
scheme is based on the so - called «Simple Agreement for Future Equity,» or
SAFE, a financing mechanism used as a conduit for some venture
investments.7