QuirkyCupcake
QuirkyCupcake

Suggestions on money saving

Started my career 2 years back in IT field and currently investing a small amount for savings in mutual funds. Need advice what are the best ways to invest money for high returns in future. Is it better to invest in MFS or purchase of shares if it’s about shares in which one should I invest to not to have loss , please do suggest on money investment

7mo ago
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PerkyRaccoon
PerkyRaccoon
EXL7mo

Even mfs are in the negative now, there's no guarantee for any shares. Do only MFS & Gold.

Don't buy gold now it's at an all time high, wait for the price to decrease and start the gold scheme in GRT, JosAlukkas etc..

If you are ready to lose your capital, you can try the lenden club. Where you can lend your money to borrowers for more interest, but there's no guarantee that he will repay you.

QuirkyCupcake
QuirkyCupcake

Thanks for the suggestion

JazzyKoala
JazzyKoala

Just do MF. Once your portfolio crosses 50L. Hire an independent financial advisor.

QuirkyCupcake
QuirkyCupcake

And how much amt can be invested per month

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