I have Rs. 7 lac ready and I can pay an instalment of Rs 125,000 per month. I want to invest in land.
What is the best option for me to invest if I go with instalments plan with above budget and saving per month?
Or
Should I gather my savings for 1-2 years and then invest by paying lump-sum to buy a plot?
Thanks,
S.
Ehtesham replied on Saturday, July 12, 2014 10:06 PM
Congratulations on your new job/business. It is better to save and then pay lumpsum. You can invest every month in saving center to offset inflation and then buy with lumpsum amount after 3-4 years. |
S. replied on Friday, July 25, 2014 02:07 PM
Thanks Ehtesham. What do you mean by a saving center? |
