Secure Investment

Hi Pankaj,

My mother is house wife( age 55) and My father is no more. She want to invest her savings secure.

Is physical gold/ Postoffice/ bank FD is sufficient. what about gold/debt mutual fund or blue-chip equity.

what is your opinion on this with preference and exact name.

asked Sep 03 '11 at 13:28 by moobo 1359

I would suggest not to invest into Gold funds or any product which is on high risk.

At this age, she should be investing into safest possible investments.

She can put 10-15% of investment in equities but rest has to be debt based only. Post office MIP, Fixed maturity plan mutual funds, bank fixed deposits, MIP mutual funds and some balanced mutual funds will be good for her.

answered Sep 03 '11 at 13:33 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: Sep 03 '11 at 13:28

Seen: 1,581 times

Last updated: Sep 03 '11 at 13:33