Investment advice needed

What's the safest way of investing your money? I have tried the stock market but it's risky. Is investing in gold a better alternative?

EncryptedName

Student

9 months ago

Start an SIP of 20% ur monthly income on any good large cap equity mutual fund. My suggestion would be Parag Parikh flexi cap fund, but anything else is also fine.

Anonymousss

Accolite

9 months ago

Thanks for suggestions!!!

Ajmonk96

Stealth

9 months ago

Hey I just started sip 5 k in parakh praikh mutual fund. Is this a good strategy. And how are flexi cap different to others.?

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ValKilmer

SaaS

9 months ago

There's a method to this madness. Start by SIPs in mutual funds. Spend time learning the fundamentals of investing in the meantime. 3-5 years later watch your corpus compound , once you are more wiser, then start picking stocks. Alternatively, get an advisor if you have the capital now

Anonymousss

Accolite

9 months ago

What about gold investment?

DesignTinker

Stealth

9 months ago

Use gold as a hedge against inflation and for diversification

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Newlife_product

Airtel

9 months ago

If you need recommendations on mutual funds, please connect. I am AMFI registered mutual fund advisor. Can help with fund selection, ensuring discipline and meet financial goals for long term.

Anonymousss

Accolite

9 months ago

Sure