Thursday, December 10, 2009

Return To India and Dollars earned

After returning from my four year stay in San Jose I am a little excited at the prospect of returning back to my home country. Of course the conversion of dollars to rupees make you good money however you need to invest wisely and that sent in a search for variety of investing options that we have in India.

I looked at a variety of instruments and read a lot on the blogs and websites. That said I must admit that in the USA there are a lot of people who dish out investing advice online and that prompted me to journal my research and tell you all about the various investing avenues available to the folks.

A lot of people I find in India talk to only the people they know that is the family friends and of course your banker.



You would generally not talk to anyone like the financial planner or for that matter the investment advisors in the banks. I think that concept has not caught till now and I do not think it will easily till the time the fees of these people are affordable.

The fact of the matter is that the dished out advice is sane and much in the way India operates. For example no one in the US will talk about the importance of saving however everyone in India will talk about saving and how it helps in retirement and on a rainy day

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