Wondergirl wrote:Happy New year fellow investors! Does anyone know of a good investment scheme that gives a good monthly return? I'm heavily on stocks in the NSE, so that is not an option. Good times
Speaking of, I too need to park some cash that I cannot afford to lose for a few years.
Conditions
1. I do not have the money in lump-sum but it will come in regular installments. This makes govt paper and fixed depos a bit complicated
2. I need the money available quickly in case of emergency; again not favoring govt paper
I have been thinking of Post bank's Premium Plus Account
link. I saw a poster that they are offering 10% pa. Can anyone here confirm that they;
1- Take cash in installments e.g monthly
2- The cash is available on the hour (as stated on the webpage)
Of course I intend to pay them a visit later this week, but I would love comments from Wazua.
The other option would be a money market fund as the amount does not yet qualify for Britam's or Cyttonn's wealth management service, yet.