Sunday, December 12, 2010

Savings and Investment

Start saving early and invest your money wisely is an oft-repeated statement all of us would have heard many times before.

Savings are important to take care of the following:
  • Uncertainties of life
  • Major expenses like children's education
  • Retired life
  • Investments
Investments are a way to protect and grow the savings. Having a diversified portfolio that is suited to one's age and income, risk apetite and financial liabilities is the key.

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