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INVESTING 50K MONTHLY FOR ONE YEAR
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richsure
#1 Posted : Monday, July 20, 2009 3:13:00 PM
Rank: Member


Joined: 10/29/2008
Posts: 26
Please help me

I need to save some 50k from my salary to raise part of a deposit for a mortgage i intend to take 1 year from now

Which is the best way to save this money and get some reasonable return

Ideas will be highly appreciated


Better days are ahead
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Jus Blazin
#2 Posted : Monday, July 20, 2009 4:05:00 PM
Rank: Elder


Joined: 10/23/2008
Posts: 3,966
fixed deposit. that way,you wont lose your principal

JB
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
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winner
#3 Posted : Monday, July 20, 2009 6:40:00 PM
Rank: Member


Joined: 4/29/2009
Posts: 21
I think HFCK has a product where you save monthly for sometime and you can qualify for a mortgage based on your savings......kindly contact them and you may get what you're looking for



winners never quit and quitters never win
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jerry
#4 Posted : Monday, July 20, 2009 9:15:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
It appears that u've made up ur mind at least on mortgage. Check the benefits associated with this(mortgage) from UK's budget. The savings r attractive I think.

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
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