Are you at age 60+ then you have this Option for LIFE…
Comments 0 280 Views

Are you at age 60+ then you have this Option for LIFE…

A Senior citizen is the one who is above 60+ aged, generally we advise adults to go with EQUITY Investments, LICs, MUTUAL FINDS, SIP Investments or on Asset like Land/Plots which can generate income. All of these investment opportunities are good who has got Age and Energy to Earn and Save. Seniors are those who are at the age who cannot go on physical/mental works for generating Income.

Alternatively, definitely it is not the are for them to go on work, I cordially suggest all seniors kids who are adults now, they must take care of their elders at their maturity.

The best according to me for Seniors is to Put an FD with Monthly Withdrawal Interest Option for tenure of 2 or 3 years. They can periodically re-do the same once tenure is mature.

In this case they will be able to withdraw Interest Regularly/Monthly, it supports their daily needs and the money will be safe in Bank hands. Risk Factors are totally 99% away.

But the mandate factors are to keep minimal amount of funds so the the generated interest is pretty High, at least 30+ lakhs. At least 10,000Rs must be there every month in their hands.

However, as low as 10,000Rs FD can generate 140Rs monthly as 7% interest.

Let me know if any other best suggestions you people have.

Donot Forget to Invest in Stock Market at your adult age, Beging now with a Demat account click here.

Previous What are the Major Stock Exchanges in India?
Next 14 Companies to Invest Now in February 2019

You might also like

Probase Next Batch on August 5, 2019

PROBASE is a Platform and a Course designed for Indian stock market investment and Trading. This simplified course doesn’t require much attention or any material to buy. Any one can

Bitcoins! What are These!

Bitcoin is an innovative payment network and a new kind of money. It is one among many cryptocurrencies. According to me it depends on which nation you referring Bitcoin for

4 Rules to Grab Money from Stock Market

In India, more than 95% of the population has never invested in the market. They have heard about how one has made excellent returns but they do not have anyone

Do you Know to Cook Food? then Trade in Stock Market Now!

One question is always asked to me where ever I go, what is a simple trick to earn little money regularly in the Indian stock market? In turn how to

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply