Quote:
Originally Posted by naveen1283
Dear Friends
I want to raise this issue that as seeing the recent slowdown in real estate industry when all the properties are loosing values in the market. Investors are not ready to make any investment in market they want to wait and analyse the market trend.
In the other parts people are coming with assured return plans which assuring people to provide 10-12 % return on their investments.
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Dear Naveen,
Investments that carry risk will never give "
assured" returns. Anyone promising it is fooling you, if not themselves.
If they are so sure, ask them to give you a post-dated cheque for the 12% assured amount by the maturity date when you will get those returns. If you don't get the returns, return the property and encash the cheque
!
Now you know the alswer to that, ha, ha. These same people will run away when you pull out that plan!
India has a great future. But only after the next few years when things will become
VERY bad before they become good again! Hold your cash, wait for markets to bottom (sometime in 2009 - 2010 or even later) and then you can enter to get those "
assured" returns. At that time, even I can assure them for you
.
Hold your cash, hold onto your job and pray regularly meanwhile
.
cheers