how to get maximum out of my savings

how to get maximum out of my savings

Score: 2 Votes: 2
Score: 2 Votes: 2
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Deal Newbie
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hey buddies..
so, i got a job and i am earning a few bucks now. (hurrayyyy)
to all the economists out there, please tell me how get maximum out of my savings??
fyi:
#i am a shopping/deal freak
#avg savings is around 25k per month

btw, howz digi bank doing? good enough to invest?

5 Comments  |  
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Deal Subedar
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1886
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Invest in a Mutual Fund SIP. If you need suggestions on funds, let me know.

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Deal Newbie
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@enapster wrote:

Invest in a Mutual Fund SIP. If you need suggestions on funds, let me know.


hello bro could you plz suggest some good SIPS…also how do i invest in it ..i.e. directly or via some 3rd part website like fundsindia.. ? ..Thanks

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Deal Subedar
4
154
1886
40

If you buy directly from the Mutual Fund (website), there is no entry load. If you use third party websites, there would be an entry load / service charge (~1-2%). However you will get the convenience of seeing all your holdings in one place and transaction (buying / selling) from one place.

The Funds that you select depends on your risk appetite. If you have an investment horizon of 10 year +, I suggest pure equity funds. Mix of Largecap, midcap and smallcap.

https://www.valueresearchonlin...m/ – this is website that I like for getting information on Mutual Funds.

Missing
Deal Lieutenant
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Ab kahe ki savings… Jalaa diye saare note… https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif

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