Investment ideas for newbie
So I started working full time for 10/2022 but I had some family responsibility so I just focused on saving as much cash as I could, now that that work is done (still have to pay some money back to people) I want to start investment at least 10k per month
Can someone please guide me where to start.
Talking product sense with Ridhi
9 min AI interview5 questions
stay away from market for now.
Why is that? I'm looking for long term!
Long term is a safety margin created by these mutual fund managers and media news peddlers. If they recommend a stock and the stock tanks people will question their knowledge. So the say "long term". " buy it with a horizon of 3 to 5 years". etc..
Since 2020, the ZIRP money has flooded the economy to such level, that the market has gone up but the actual real economy has not moved that much. The ground level inflation is far higher than what these government reports. If you think am wrong, compare the price of items at the restaurant from 2020 mar to now.
Real economy has to catch with the financial market economy. Or the financial market economy needs to slow down to match the real economy.
Invest in nifty50 or SIP and never see again
Thank you
How will you invest in that Newbie here started working in 8/2023
Will you do a SIP
If so what amount?
Diversify diversify diversify investment 5k in flexicap mf,2k in nifty next 50 mf, 3k in NPS, 1K in bharat22 etf
Can you suggest any app/platform with no hidden cost/ user friendly
Groww app, easy and free.
Invest that amount in yourself
Can you elaborate a little.
Payback all debt first.
Next invest in yourself and self improvement for growth in job
NiftyBees for low cost investment in a SIP or periodic lumpsums.
Mutual funds growth