Best investment you have done.
Am not asking you about your bad investments. I also have some :unsure: :unsure: . Let us forget those chapters and discuss about best investments, we have done. :) :) :)
I also feel that one should be a long term investor to get the maximum benefits out of shares ...day trading is very risky since markets are forever volatile !
Not only volatile but they have some fowl players as well, the market some times have no reasons to jump up or down. Bulls and bears- that is the name of the game.
I have told you about my second land purchase. It was registered last week. We got it below 2 lakhs per cent. Now we are constructing wall around it. If we sell that piece of land now, no doubt we can get 2.75 to 3 lakhs per cent. So, 1/3rd profit in just 2 months. An apartment of 35 flats is just under construction, in front of that purchased land. Also, within 2-3 years, i think it will go above 4 or 5 lakh per cent. It's the best investment we have done till now, though i have to put my whole ornaments in the bank.
I have told you about my second land purchase. It was registered last week. We got it below 2 lakhs per cent. Now we are constructing wall around it. If we sell that piece of land now, no doubt we can get 2.75 to 3 lakhs per cent. So, 1/3rd profit in just 2 months. An apartment of 35 flats is just under construction, in front of that purchased land. Also, within 2-3 years, i think it will go above 4 or 5 lakh per cent. It's the best investment we have done till now, though i have to put my whole ornaments in the bank.
Oh that's great but to purchase land these days is not easy for people.Every where the rate of land is increasing. Here in Delhi and Delhi NCR the rates are touching sky and a normal middle class person can't buy land these days. :blink:
Personally I feel that Gold is peaking out and may go up only to a certain extent at least for sometime.There is always a stagnation when the prices get overheated and I personally would go easy on buying Gold as an investment option, rather concentrate on land since land prices normally go up even if it is only marginally when there is a recession unlike in the Western countries when they actually fall first...
Am not asking you about your bad investments. I also have some :unsure: :unsure: . Let us forget those chapters and discuss about best investments, we have done. :) :) :)
@Sandhya Rani