You should definitely invest in mutual funds and let your money grow for 3-5 years. Only then, you can expect a good return on your investment.
Posts made by stephbaker
RE: Long Term Investment options in India: Need to invest for high returns
RE: Is Education loan beneficial? Is it good for higher education?
Education loan is a boon for people who are really interested in pursuing further education but lack the required resources.
RE: Which is the best credit card in India with no annual fee or no joining fee?
Credit cards by SBI Bank are very good, check out the SBI Freedom credit card. These credit cards have plenty of unique features & come with a host of benefits like cashback and discounts.
RE: Taking Loan to Invest in Mutual Funds
I see a lot of people disapproving your choice to take a loan to invest in mutual funds. So after reading their comments you must know you are treading into dangerous waters. But if you still want to go ahead with it, I am no one to judge. To be honest, my friend does it, too. But he has been doing this for a long time. He knows the ways of the market and has taken margin loans to earn profit, too. Once when I was investing as well, he referred a website that gives instant personal loans. I told him then that I couldn’t afford to take such risks and carried on with investing the money I earned. If you want to apply for loan you can visit their online platform and check out their offering. They give instant loans and provide you with flexible tenure options. But still I would caution you to not overuse this opportunity. All the best.
RE: What are some good business ideas with low investment? For Beginners in India
I would say a blog. You can take courses online to learn SEO and market your blog. It would be a great and cheap investment
RE: How many credit cards should I have to improve credit score?
It is not the number of credit cards you have that improves your credit score. It depends on your usage. You need to take care of cash advances, late payments, paying total amount due before the due, etc. All of this will help in improving your credit score
RE: Paytm First vs Ola Money SBI Credit Card: Key Differences
Considering offers I will go for the Paytm.
Paytm really has good range of offers compared to others.
RE: Scripbox Review: Advantages to Invest in Mutual funds Online
I have invested in mutual funds for 5 years plan 1000/- per month and I really liked the expected results.