Mad_About_Money_final Mad About Money_Dec 2016 | Page 14

MadAbout

MadAbout

Money

Money

Is investment
in assured
returns
the right
thing
to do?

s

14

WORKING
OF ASSURED
RETURNS
SCHEMES

T

oday, when high
inflation is diminishing the actual
return on deposits and
equity is unstable, the
offer of getting a 12%
return on an appreciating
long-term asset such as
real estate sounds so great that you cannot ignore
it. However, the golden
rule when investing your
money in something is to
inquire about a deal that
looks unbelievable, since
it is actually not true.

Before we tell you whether investing in assured
returns is right for you or
not, let us elucidate how
such schemes work. They
begin when you purchase a property entirely,
even if its construction is
not completed and still
has 2 or 3 years to go.
You purchase the
property either t