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Advice needed

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Advice needed

Post by pitchaibala on Sat Aug 07, 2010 8:12 am

Dear Sir,
I am 54 year old veteran from Indian Airforce. I had to quit my job since my consicious did not allow me to exploit down the line for pleasing the management though I was offered a very good package.

I have attended few classes and updated myself with theoratical knowledge on daytrading. Can I venture into daytrading.



thank you in advance

regards

subburathnam pitchai
pitchaibala
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Re: Advice needed

Post by baranidaranm on Sat Aug 07, 2010 4:12 pm

Hi,

Warm welcome to this group, patriot. I am an Indian. Let me share you my knowledge on this topic. Day trading can be risky. I have done some research about getting good regular income, and found that in India post office schemes pay you good interests. And particularly if you are very much interested in a secure monthly income apart from your pensions, post office monthly income scheme can be very helpful. And also, you can claim yourself as a senior citizen, if you are out of Indian AirForce on VRS (volunteer retirement scheme) .

These links can be very useful,
http://www.indiapost.gov.in/6yearsMIS.html

Regards,
Baranidaran Manoharan
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