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 Wednesday, June 4, 2008 07:06 PM Reply: 
I save some money for my retirement(close to Rs 10 million). I want to invest them to get some regular income not the interest income. What may be the best, please advice.
Atiq Rehman replied on Thursday, June 5, 2008 03:29 AM
Dear Rabbani Sahib ,
Assalam Alaikum,
I have recently done some research on Arif Habib Investments ,you can visit the website at www.arifhabib.com.pk ,they have some very good Investment products whcih are Halal and the return is pretty good e.g for April 2008 it was 13.86% ,all the Funds are Shariah compliant ,the Funds are open ended so yu are free to redeem anytime you need and they also have monthly /quarterly payment plans .
If you wish pls send me an e.mail at arehman.cn@@gmail.com and i can pass you the information about a senior gentleman who assisted myself .
Wasalam ,
Atiq Rehman . |
Real Money replied on Thursday, June 5, 2008 04:43 AM
Dear Rabbani Sahib
propsal of Mr Ateeq seems too good to be true.
He is indicating a profit of 13.86% in one month.
I have seen the web site also. It was much better if he had supplied the details of his research
Rabbani sahib go only for property projects
Purchase single family units with a rental income of 10% per year
try to purchase in new areas with occupancy rate of about 75%. Rent out them carefully this way you can generate 10% annually and enjoy a good long term appriciation on your investment
Or may you can purchase a gas station but this may requir some supervision, Here you can genrate 20% annually
good luck with halal income |
Atiq Rehaman replied on Thursday, June 5, 2008 04:55 AM
Dear Real Money ,
Thanks for also indicating other avenues of investment also ,i appreciate your input ,my recommendation to all who participate in this forum is to please make your own Inquiries before you take any decisions about your hard earned money .Similarly everyone does not have the temprament to run a gas station or to rent smaller housing units ,no offence meant pls .So again everyone must know their own strengths adw hat are they good at .
Wasalam , |
Rabbini replied on Thursday, June 5, 2008 02:34 PM
Dear Mr. Real money,
Mr. Attiq propsal seem some safe investment. About property if you have some commercial property which you rent out to a bank or good Multinational company it will work other wise the rental amount is not that much.And its not easy to deal with tennant.
Any way thank you for the advice.
Rabbani |
Shahid replied on Monday, June 9, 2008 05:19 AM
If you have saved some money for your retirement, hold it tight and never give it to anybody. Take minimum of risk and settle with little return. After retirement, you won't have time and should not dream of multiplying your money. You will die earlier if you would lose that money to someone. If I was you, I will make sure that I never lose the ownership from my hands. Rental income, seems only relatively secured choice to me. It will be less, but you will have high chances of using every bit of your money with your own hands on your own self.
I wish you good luck with your retirement. |
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