Ok here it is … What ever you earn in your first year doesn't count to much from a long term perspective … So don't talk about "savings/investment plan" … Yes "save on taxes" is imp … just put the money in PPF get tax savings for this year and chill … Commit yourself to a long term plan only when you have clarity, of what you want … Plus read a little bit about mutual funds, Govt. Bonds.
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There are banks offering 10%pa interest on FDs. Long live YV Reddy!!
Ok here it is … What ever you earn in your first year doesn't count to much from a long term perspective … So don't talk about "savings/investment plan" … Yes "save on taxes" is imp … just put the money in PPF get tax savings for this year and chill … Commit yourself to a long term plan only when you have clarity, of what you want … Plus read a little bit about mutual funds, Govt. Bonds.