Any Investing tips for a Clueless Beginner?
I've always lived paycheck to paycheck, but I want to start investing.
Where do I even begin? What advice would you give to a complete beginner in personal finance?
You can use small cap mid cap mutual funds or I'll share you a simple trick if your really new to the investing field then go to nse website search for block deals and if there is a block deal by any big institution like sbi mf or hdfc mf or icicimf or any other big institution you know go and start investing in that stock or simple sip the stock.
This helps you in 2 ways one the big institutional investors always do their part of due diligence into a particular company before investing so you don't have to worry about research or financial reports and most of the time their entries and exits in a stock invest are always sensible and based on statstics.
Invest with mutual fund it's a baby step
I can guide you in full. Stay in touch with me
Hey thanks, for sure
There are apps like smallcase that helps you choose a fight fund, but still a lot of questions remains unanswered. Makes me think is this a good startup problem
I've always lived paycheck to paycheck, but I want to start investing.
Where do I even begin? What advice would you give to a complete beginner in personal finance?
Context : I have been saving up money for over a year now and not actively invested it anywhere due to x reasons.
Now I want to start SIPs as I have achieved my emergency fund and want to reap the benefits of the power of compounding.
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Hello,
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