Money Magazine ( Money logs )

Ask any financial expert about your options to invest your money if your time horizon is more than 5 years. The chances are high that he will suggest equity MF's as the best option. Now ask him what are the best option if you want to invest for less than 5 years. The chances of him suggesting equity MF's now will be much lower. But this is a common concern for many people. People these days don’t have 5 years to wait. They cannot invest for such a long time. So what are the best options for someone who needs his money back, with decent returns in less than 5 years? The answer to this question will depend on the time that this person can wait. So assuming that the deadline can be anywhere between 3 months and 5 years, let’s explore the available options.

Well its a million dollar question isn't it? If it was two separate questions 1) Do you want to be rich? 2)Do want to be wealthy? lot of you would have answered it yes and I bet lot of are in a confusion right know, wondering what's the difference between being rich and being wealthy. Let me tell you my friends there is a difference! Richness is something measured by the money you have and wealth is measured by time. Lets say you have 1 crore then your richness is measure in money like he/she is worth 1 crore But if you have enough money to lead your life happily for 1 year then we your wealthy for 1 year.