What is the best way to invest your savings??

[smileawhile]

Hi All,
I am a very new member to this forum. Hence request you guys to excuse me if I have posted this query in a wrong forum.

Now, coming back to my confusion: I have a savings of Rs.50,000 (I am currently unemployed and want to save this for my future) which I would like to split and invest for my future. Can anyone suggest me what is the best way for the same. I was planning for investing the whole amount in SBI Fixed Deposit scheme, but a friend of mine suggested that it would be wise to split and invest the amount. Will investing half the amount in FD from SBI and the remaining have in NSC be of any return value?

Kindly help me overcome this confusion.

[v.r.s.nathan]

Smileawhile - Sorry to hear that you are unemployed at the moment. I would suggest you to keep the money in hand till the time you find a job for yourself. You have not mentioned your age/duration of investment in the query. (After finding the job) - If you are young(below 40), you can invest in Equity MFs or ELSS for good return.

[>take]

Avoid any investment till you get a job.