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Toughts on stable money

Have you used stable money for your FD investments, if yes how's your experience with it and how save do you consider that investment, is it better than normal bank fds?

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ElonMast

Amazon

3 months ago

A find the concept of adding risk to FDs for growth, bit weird. Why you want to risk the capital for 0.5-1% of returns? Isn’t it better to use Arbitrage funds or Debt Funds for 7ish% returns
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DisplayFlex

IT World

3 months ago

They claim around 8.5% of return as opposed to FD which is 6.5% in hdfc atleast. Can you elaborate on your point 0.5-1% of return? Is it a fake marketing gimmick or some post tax deduction you get this much?
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ElonMast

Amazon

3 months ago

Would you be ok to put FD in a small grameen cooperative bank for 8.5% ?
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brayvefart

Stealth

2 months ago

You can check wint wealth as well. Investments of up to 5 lakh are insured by DICGC which is a division of RBI. So invest in FDs below 5 lakh and you'll be good.
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Curated from across

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Personal Finance on

by well_wisher

Stealth

Is Stable money a stable choice ?

I personally see it as game changer in how invest in FDs. Any comments or thoughts or guidance would be highly appreciated.

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Personal Finance on

by Undercover08

Startup

Where to park wedding fund

Hi folks! I'm planning to get married in over a year from now. I don't want to touch my portfolio for this and hence starting a wedding fund where I'd pause my investment for a year and route the money into this fund. Suggest an instrument class where I should park this money. It'd be roughly 70k/ month. Also would love to know how did you finance your wedding? Any tips?

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Fintech India on

by CuriousScroller

Navi Technologies

Does this affects stable money or is this an enabler?

Does this affect the stable money value prop.? Because as mentioned in the post fixerra is bringing in multiple FD issuers and providing infrastructure to build. Would that lower the entry barrier for building B2C product in FD segment as any fintech can expand horizontally in this segment by integrating with them. Or stable money themselves are using these types of tools as an enabler? Just wanted to understand if I'm thinking this right?

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Personal Finance on

by zepto

Uber

Where do you keep your emergency fund?

Currently most of my emergency fund is in FDs. Was planning on storing in multiple options. FDs are not even beating inflation these days. Have seen people keeping multiple tranches of emergency funds. combination of Multiple FDs in different banks, some in Liquid funds and some in bank account. What’s working for you? Need more insights on this?

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Personal Finance on

by designerrrrr

Stealth

Considering investing a lump sum in Shriram Fixed Deposit?

I'm recently checking out all the Fixed deposits out there for saving my emergency fund. Among everyone Shriram Fixed deposit provides max interest rates? Is it worth it? Or any other suggestions for the best FD?

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Personal Finance on

by Surviving

Sunflag Iron & Steel Co. Ltd.,

Stable money app

Anyone having experience on using the stable money app for FDs?

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Indian Startups on

by MildUse55

Stealth

Why everyone is posting about "Stable Money" ?

So stable money is just another fintech platform where basically you can do FD from various banks and corporates. This concept isn't new, other apps and websites offer the same as well. Weirdly, everyone is posting about it on LinkedIn & Twitter. I can see that stable money is giving merch to them but are these people getting merch just to post a positive review? Anyone has insider news?