Powerful Tips for Financial Year 2012-13

Start Investment Early

There are some investment options which are fruitful right from the date of investment. Public Provident Fund (PPF) is a good example of this. In PPF, the interest earned are calculated entirely on the monthly balances in the investor’s account. The highest amount which can be invested in a PPF is Rs.1 lakh. So, invest in it more so that it can start fetching returns early.

So, it is suggested that as early as possible, start investing in fruitful long term schemes, as the financial year has already began. If not so, then later on you will have many other issues to look into, which will ultimately become a mess.