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.
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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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
DesignTinker
Stealth
9 months ago
Use gold as a hedge against inflation and for diversification
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