Basics of Investing

Posts Tagged ‘Options’

Question: Best Investment option for my Parents to get quaterly income?

Hi..
I am looking for a suitable invest Options for my Parents. I would like them to receive a quaterly amount of 15000INR. They live in Tamilnadu, India.
What would be the best investment option and how much i have to invest to get such returns?
Could any one help me? Thanks in Advance!!!

Answer: You will need to invest Rs. 7,50,000 to receive quaterly amount of Rs.15,000.

You need to invest the above amount in fixed deposit.

I have assumed an 8% tax free return.

Stocks & Mutual Fund Investments : Stock Option Incentives