Advertisements

Running The Interest Rate Race


wealthymatters.comIn inflationary times fixed income instruments may not be such a great idea , especially if the interest rates are just not that high.But there is no way we can avoid these instruments.

1.We need them to add steadiness to our portfolios especially when the stock markets show volatility.

2.We need  them to  park the money we plan on using within a definite time horizon.

3.We need them again  when we have to route a steady stream of  payments into another investment and want to simultaneously avoid both the risk of a capital loss due to a short term investment in a mutual fund and the low returns of a liquid fund.

In such a situation we just need to find the highest possible interests which our funds can earn in a given time over and above the rate of inflation while simultaneously reducing the risk of capital loss.

What are the best online sources I know for quickly locating schemes offering the best interest rates ?

safeinvestonline.com

and

ratekhoj.com

Hope these websites help you a bit in running the interest rate race.Though I must say the latter is now not updated so frequently, so there are a lot of wrong details in their tables. But many more worthwhile investments are likely to turn up if you still make it a point to visit bank branches and walk the streets abutting the BSE building.

 

 

Advertisements

About Keerthika Singaravel
Engineer,Investor,Businessperson

2 Responses to Running The Interest Rate Race

  1. Pingback: Recurring Deposit Calculator « Wealthymatters

  2. Pingback: 8 Habits of Millionaires « Wealthymatters

Please Leave Me Your Comments!I Love Reading Them!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: