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