Give your sister a financial gift this Rakhi

Deepa Venkatraghvan August 24, 2010

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SURPRISE your sister this Rakshabandhan. Gift her something she will treasure for the rest of her life. And we aren’t talking just jewellery here.

1. Stocks
Okay, so she isn’t really interested in the capital markets. But she loves beauty products and never misses a date to the salon?

Buy her stocks in a company that makes products she swears by. Lakme for instance. Hindustan Unilever owns this highly successful brand. And the more she uses their products; the stock is only going to go up.

Pantaloons and Marico (the Parachute guys) are more such bets.

Remember that you need to have a demat account.

Tip: Investing in stocks, while being risky in the short term, always pays off in the long term. So stay put on stock investments and don’t hurry to sell.

Next page: Gold, with a twist  

e-mail: Deepa Venkatraghvan

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Poor idea... She likes raching should i buy bajaj stock?

Posted by on 24 Aug, 2010 at 12:00 PM


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