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Tuesday, October 1, 2013

How should a youngster invest? : Part 3

Once you have attained security of your investment, you are in a comfortable position to move ahead, opines SachinKarpe. Comfortable here would mean, staying comfortable without worrying much about having less money. A house of your own, a proper retirement plan, child education planning, health and medial planning are investments that will make you comfortable, explains SachinKarpe.

These goals can be achieved by investments in life insurances, mutual funds, SIPs, infrastructure bonds etc that help reduce your tax burden under Income Tax Act 1961 section 80cc, SachinKarpe tells us while educating on tax rebates. With these investments you can lead a comfortable and a content life. But to lead an abundant life, stay tunes to this space.


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