Q: I have foreign currency of 5000 US $ and 3500 AU $ with me. Do you advise me to convert them to Indian Rupee now and invest in an FD? Please suggest a good financial plan.
Answer: We offer investment advice only after understanding the requirements of the person and therefore, how much risk he/she can afford to take. Converting Dollars to Rupees may be a good option now if the money is not required in USD/ AU$. Investments can be made depending on the tenure and risk that suits your profile. To obtain a financial plan and received personalized advice on your situation, fill out our profile and order a plan online at http://investmentyogi.com/cs/FinancialPlans/common/home.aspx
Shweta, Certified Financial Planner
Expert @ InvestmentYogi