How much save or to invest and for how much period
Before taking decision to save or to invest, you have to think well. Because how much you can save and how much you can invest is very difficult to make your mind up in a month or a year. How much you effort is exactly not possible in this competitive environment. You might save more in one month or a year than your prediction or vice versa. Some essential consumption you could not able to break or stopped. Hence you have to take decision before hand then proceed to reach a conclusion to how much save or invest in a year. You not only consider the market co-efficient but also see your capacity and increase your tendency of saving and investment.
Subsequent to taking decision of how much to save or to investing, you may thingthe tenure of your saving or investment. You may choose Short-term scheme or go for Long-term plans. You have to convinced that why you investing the money or savings. if you desire money and returns with in a short time you need not to go for Long term perion of investment. So in how many days or time you want your money and returns on it that determines your term of savings or investment. Yes if there is no need of huge money in near future you must go for Long term period , you may go for one or more year for yield better returns. You may opt for high risk to gain high returns in some short term investment. Your preparedness to face risks drives your investment plan and savings habits.
