Suggestion Required :- Investment/Saving

179°
Deal Cadet
ayushgoel

I want to invest online like digital silver for saving purpose. guys i need your suggestions monthly 3k to 5k

reason for saving purpose

thank you

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Deal Subedar Deal Subedar
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Don’t invest in Silver/Gold. Open demat account. Invest in stocks. Even mutual funds are good.

Pro Critic Pro Critic
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Agreed, gold and silver is not a good investment option. Avoid it.

Don’t need to open demat account for buying mutual funds.

And right now is not the best time to invest into stocks. Stock market is all time high right now.

@ayushh03 If you want to invest for a long time (at least 10 years) then invest in any index fund (mutual fund). Index funds replicate stock market and they are practically risk free for long duration.

If you want to invest for a short period then invest in liquid mutual funds or UST mutual fund. These have some risk but offer flexibility and better returns.

Deal Cadet Deal Cadet
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@pikkuboss @Roushh can u suggest good mutual fund

Pro Critic Pro Critic
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What is your age? For how long do you want to invest? Are you willing to take greater risk for higher returns or you would prefer to go for minimum risk for decent return?

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Helpful Helpful
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i would say put 35% in gold, 40 % in large cap/index/hybrid fund and remaining 25% in small cap/mid cap/opportunity fund
i recommend keep some amount in Gold (physical), as it is the safest asset in times of world crises
consider a scenario, there is a nuclear war tomorrow, all electric gird is wiped out, the value of these virtual assets becomes 0, while the value of gold becomes many fold

Post Tycoon Post Tycoon
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Groww app is good to invest.

Post Tycoon Post Tycoon
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PM for referral

Deal Newbie Deal Newbie
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I agree on that, Gold is any day a good option.

Deal Cadet Deal Cadet
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Share market is down is this best time to invest some money or should wait @Roushh

Pro Critic Pro Critic
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Although I have a strong feeling that the market has yet to see the worse but nobody knows how low it is going to fall or if it is going to fall anymore. So best option is to invest in tranches.

Divide your capital in 3-4 parts based on your risk appetite… invest 1 part now and keep investing each part with next dip.

I have already invested 40% of my capital so far. And now I am waiting…

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Deal Subedar Deal Subedar
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What should be the Nifty level that one should set to enter? I am not asking for the lowest of it as markets cannot be timed. But any level for newbies.

Deal Subedar Deal Subedar
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That article is flawed right from the first line. While I agree with the making charges, gst, jewelers(most will be harami, no offence to anyone). I don’t agree that it is not a good investment. Check this
https://www.businesstoday.in/money/investment/g...
Jewellery is not an investment. Invest in gold bullion/raw atleast in 24k 995

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