Personal finance this week: Invest right and enjoy wealth in long term – Money Perception

July is the month of filing income tax returns. By now you must have finished filing your income tax returns. If not, hurry up and do it now as the deadline is July 31. If you have finished filing income tax returns, it is time we turn towards investments.

The government has announced eight fold hike in annual investment cap in sovereign gold bonds to 4 kilogram from 500 gram. That makes you think, should you bite the bullet? Here is how you should answer this golden question.

If you are not a gold fan and want to play it safe, it is time to bet on short term bond funds. Short term bond funds as a category has done well in the past three years. Here are some better schemes in the short term bond fund category.