On Fri, Sep 16, 2016 at 4:07 PM, Deepak Shenoy <deepakshe...@capitalmind.in> wrote: > Now, here's the other thing. If you're planning to build cash flow, don't > use FDs. They create taxable income and at large corpuses become very > unwieldy. THere are other instruments - I can give you more details if you > want to explore. These will both save you tax and perhaps create a "kicker" > income if rates continue to fall (a key risk here - imagine the person who > did this calculation in 1980 in the US - interest rates of 12% - and today > the FD rates are like 0.5%)
Yes. Would be interested to know what are the different alternatives. I am guessing bonds and Equity mutual funds are one avenue. But I am guessing you have a lot more options. Thanks Vinayak