Talk Back

Investing in the stock market is not a safe investor’s cup of tea. The best course for a prudent investor is to invest in different kinds of  investment instruments.

Print Edition: March 22, 2007


Memory Lane provided interesting insight into the evolution of  budgets (Budget Voyage, 8 March). I was surprised to know that income tax rate was just 2% when it was first introduced.Today the rate is 15 times higher—that too after several rounds of rate cuts in the 1990s. Please cover more topics under Memory Lane. RAM KEJRIWALA, Surat

Memory Lane on Union Budget was the third in our series—banking and stock market being the other two. MONEY TODAY’s mandate is to provide research-based advice; this section is introduced to provide deeper understanding of money and markets.

I am 23 years old and was about to send a mail to MONEY TODAY to provide a cover story on financial management for youth, but before I could do that you had already done so (Cash them Young, 22 February). Please continue to provide more tips for savings and investments for people in the age group of 25-30, so that financial planning can be done at an early stage. HARI SUBRAMANIAN, e-mail

The key message of our story on young investors was that it is possible to combine good spending with good investing—and do so at a young age. MONEY TODAY has something more in the making for young investors. Watch out for our coming issues.

Investing in the stock market is not a safe investor’s cup of tea (A Balanced Basket, 8 March). The best course for a prudent investor is to invest in different kinds of investment instruments so that even if some money is lost it will be a small amount. The safest are Reserve Bank of India bonds, Public Provident Fund (PPF), post office saving schemes like National Savings Certificates, Kisan Vikas Patra, etc. A little portion of the investment can be made for fixed deposits with well-reputed banks, as their interest rates are higher. For security, one should invest in property too but for that one should have surplus funds. Rentals from property are helpful in the long run.

In our view the distinction between safe and unsecure investing is the difference between intelligent and unintelligent investing. Sure stock investing requires greater knowledge than other forms of investing, but it can be more rewarding too.

I have been investing in a systematic investment plan (SIP) for a year now but cannot exactly calculate what is the rate of return for my investment. Kindly advise.
CHARLES, e-mail

The easiest and most regular way to track returns on investment is to maintain a portfolio tracker. Such trackers are avilable free on most personal finance websites. To track returns on SIP specifically, we are e-mailing you a spreadsheet.

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