Dear All,
i have 100K SAR. what is a best investment (for 10 years)considering the current situation from the following:
1-Defense Saving Certificate(10 years)
2-Prize Bonds
3-Purchase Gold
4-invest in property
Appreciate, your views. BR
ZERO replied on Sunday, November 2, 2008 02:26 PM
50% IN dha ONLY
REST KEEP IT AS CASH FOR A YEAR .WAIT AND SEE
REGARDS |
SSH replied on Monday, November 3, 2008 03:42 AM
Any investment may prove good provided it is not amalgamated with interest (Ribah / Sood). Just keep away from "Ribah". Rest is ok. |
Mohsin replied on Monday, November 3, 2008 03:46 AM
Dear KSA,
1. Defence Saving Certificate are HARAM (RIBA)
2. Prize Bond are HARAM (RIBA)
3. Gold is valid investment if you have secure place to keep it
4. Invest in property and as Mr. Zero has said always invest 50% and keep the rest rescure for future needs. But you'll never get anything of 50% of your holding. Less expensive schemes like AWT in Lahore and Islamabad are suitable in this regard
Allah Hafiz |
ali11 replied on Monday, November 3, 2008 01:41 PM
@ KSA,
Start some kind of business, manufacturing / export. You are never going to loose. |
Real Money replied on Monday, November 3, 2008 03:00 PM
Yes Property is very good if you invest wisely.
You can also purchase gold, time is good.
Just see if it comes at 500USD/OZ purchase. On the other hand
Wait the US election. watch the strenght of USD. It may remain on strong side after the election for some time. While USD goes up gold will be coming down. When the trend will be changed purchas the gold.
sell it at 100USD/OZ |
KSA replied on Tuesday, November 4, 2008 03:47 AM
I am really thankful to all for their best input. Thanks a lot. God bless us all. |
