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INDIA TODAY - The most widely read newsweekly in South Asia.
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INDIA TODAY - The most widely read newsweekly in South Asia.
     CURRENT ISSUE DECEMBER 25, 2006
 
   SMARTS MONEY: MY MONEY
 

Dancing On Safe Ground

Property is high on actors' investment planner. They shy from the volatile stock market, but consider mutual funds safe enough to park their hard-earned money. Art is a new option while PPF, FDs and insurance policies stay put firmly.

 
PARMEET SETHI AND ARCHANA PURAN SINGH
Actors

Every investment is a joint decision. We have prioritised our investments as property, art, insurance and equity. Property is the safest investment because it appreciates highly and the risk is low. Art comes next because it appeals to both of us. We love to have art up on our walls and besides, Indian art is booming these days, making it a good investment option. And insurance and equity is more of a safeguard.

VARUN BADOLA AND RAJESHWARI SACHDEV
Actors

We invest separately and maintain separate accounts because they are easier to handle. And we never put our eggs in the same basket; Varun and I don't invest in the same options. I prefer fixed deposits because they are old-fashioned and simple to understand. The interest rates might be lower but they are safe. I also invest in mutual funds. Varun invests in real estate, art and mutual funds.

MIHIR AND MAANINEE MISHRA
Actors

We have secured our daughter's future by investing in schemes such as Met Suvidha which covers her education and health. We have invested in insurance policies and are planning to open public provident fund accounts. The speculative market is risky, so I don't invest in equities at all. We are also developing an interest in art. Most of our investments are done together.

ROHIT ROY AND MANASI JOSHI ROY
Actors

All our money is spent and invested together though we have both joint and individual accounts. We both are prudent when it comes to money, so we invest regularly in mutual funds, real estate and tax-saving schemes. Our ambition is to save enough money to be able to maintain the same lifestyle even after 30 years. Mutual funds are the safest for people like me who don't understand the stock market, which is too volatile. We invested in a bigger house a year ago and we realise that it is a great investment.

-Compiled by Aditi Pai

 

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INDIA TODAY - The most widely read newsweekly in South Asia.
CURRENT ISSUE
DECEMBER 25, 2006
 IN THIS ISSUE
COVER STORY

Sensational. Shocking. Tabloid. Exclusive. Tamasha News

OTHER STORIES
 

Getting Personal

Hanging in the Middle

Why We Should Go Ahead

Against National Interest

Ending the Isolation

Internal Injury

Withering Away

Investment Speedbreaker

Deep Waters

Southern Express

For Home, A Fistful Of Dollars

Life After 14k Surviving The Ride

Dancing On Safe Ground

The Grassland's Great Hope

Outclassed, Outrun

Divisional Managers

Sales Pitch

Mate Value

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