Friday, January 30, 2009

Time to invest!

So..here comes March again...I hate this month for obvious reasons like, it's the end of winter season so now Sura devta will be rite beside u in everything u do. Secondly, if u have noticed there are hardly any B'days in March. I don't know y but
it seems married couples hardly get time to enjoy summers :D
And thirdly it's the month when u have to empty ur pockets to save TAX.

So how much tax do one save by investing 1L or 1.5L( in case of privileged ppl).
I'll give u an example. Last year I did save some tax. I invested in very 'gud' mutual funds and on 1L amount I had saved around 30K tax but here is the flip side.
When I checked my statements yesterday, I found that I m left with only 35K out of 1L, then I remembered ..I invested in very "gud" mutual funds which says returns are subjected to some market risk, which I forgot to read last time.

So..here comes March again...Happy Investing:D