"What If" - An excellent Rediff Tool

Till now i always used to hear from my family members and friends, Gold is the best method of investment. I used to tell them that this is simply ignorance and lack of financial education. But i was not able to convince them upto 100% satisfaction about this fact.

But today i came across an excellent Rediff Tool "what if". When i showed this to my friends they where really convinced and started thinking!!. Many Thanks to Rediff for introducing such an excellent investment tool.

Here we can enter any Mutual Fund or any Stock. Then set the duration of investment and do "Calculate". This will give a graph comparing our investment against NIFTY, Sensex, GOLD, Silver and SBI FD. We can also add any number of Mutual Funds or Stocks for comparison.

As "Seeing Is Believing", this tool will be really useful to anyone who is doing a lumpsum investment to gain confidence and compare the various investment options.