. Investment can be according to your risk appetite and should be spread across various assets like Mutual Funds, Gold, Real Estate, PPF, Bank Fixed Deposits and even Derivatives and Options, if you wish
. Others: Other options could be ULIP, Gold ETF, and Index funds.As a general rule, young people should invest a big part of their savings in equity or equity mutual fund. A generic rule states that you
interest rate that would discourage savings and divert funds to Gold and real estate. It would be period of consolidation till more clarity emerges from headline inflation print and quantum of additional
At 16:08 hrs MCX GOLDPETAL January contract was trading at Rs 3073 down Rs 10, or 0.32%. The GOLDPETAL rate touched an intraday high of Rs 3080 and an intraday low of Rs 3072. So far 36331 contracts have been traded. GOLDPETAL prices have moved down Rs 85, or 2.69% in the January series so far.