Any idea on chit funds in local areas
Does it really helpful Say chitfund of 30L or 50L Duration 20months Does it really helpful Are there any other best ways to invest and earn money Pls help me to decide🙏 Thanks.
You will get nothing in chit funds; you need to pay the agent a certain percentage as a fee. There is also a high risk of scam or fraud. In the old days, people used to participate because they didn't know how to manage money and intended to pay out of fear, hoping to receive a large sum at once for a specific purpose. Nowadays, choosing chit funds is not preferred, especially if you are educated.
Don't be dumb, many of these funds are scams and fraudulent. Just invest in stocks, mutual funds and other boring stuff everyone else uses.
Bitcoin lelo
What will be profits in 30L chits or 40L pr 50L chits Please reply
