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The Social Lounge
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Where should I make investments?
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<blockquote data-quote="Vince" data-source="post: 1822134" data-attributes="member: 673"><p>With interest rates dropping now, an FD doesn't seem like it is worth it these days.</p><p> </p><p>raksrules: Do check out a financial planning website for free info, on how to divide your assets. I guess you could apply this to yourself and your parents/siblings, and plan out where to park the money. (of course, modify the division with a little thought, and not exactly what the websites say)</p><p> </p><p>I'd suggest you park a bit in liquid MFs (under Direct Plan), which provide liquidity similar to FDs.</p></blockquote><p></p>
[QUOTE="Vince, post: 1822134, member: 673"] With interest rates dropping now, an FD doesn't seem like it is worth it these days. raksrules: Do check out a financial planning website for free info, on how to divide your assets. I guess you could apply this to yourself and your parents/siblings, and plan out where to park the money. (of course, modify the division with a little thought, and not exactly what the websites say) I'd suggest you park a bit in liquid MFs (under Direct Plan), which provide liquidity similar to FDs. [/QUOTE]
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Where should I make investments?
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