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Regarding investment for a retired person

Discussion in 'Investment Analysis' started by akashgupt81, Oct 1, 2017.

  1. akashgupt81

    akashgupt81 Active Member

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    Hi Sabbir,

    This question on behalf of my uncle. Recently he is retired from his job and got his PF and gratuity amount. What is the best option for him to invest this money to get monthly income for daily expenditure with minimum risk involved.

    Thanks in advance.

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    akashgupt81, Oct 1, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    I am not an investment advisor and is more of an equity investor but if you want to go the safer route, look for monthly dividend funds that invest more in debt related areas than in equity.
     
    shabbir, Oct 3, 2017
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