Can I assume you are talking about Mutual Funds and other investments? If you are, my advice is to but a good no-load mutual fund. I have money invested with Vangaurd and T. Rowe Price. You might want to look at an index fund.
Your first step is to get educated about mutual funds. Mutual Fund magazine or Money is a good source of information on investments and money management.
I have a great saving scheme called Bills And Rent. Its fantastic. Basically it gives me a 0% return on my money. Every month I pour all of my pay into the scheme, and I'm hoping one day to get absolutely none of it back. Occasionally I have 3p or so left over of my pay cheque after this investment, and I wonder about other kinds of saving, but there don't seem to be many which allow money to be added to them in penny instalments.
There will be glitches in my transition from being a saloon bar sage to a world statesman. - Tony Banks
Joined: Feb 28, 2005
Originally posted by Rajan Chinna: How do i invest in India's MF staying in USA? Can I buy/sell MFs online without anybody's help in india? Thanks.
Visit icici,hdfc,State Bank of India's websites.How Mutual fund will help you ?.Only if you are salaried employee in India then that amount will be tax free.Instead invest your money as fixed deposits in these banks.You should get more than 5% interest.Or convert $ to Rs and put in the bank.