There are so many ways to earn money. But, how to savings are very important.
In past days people use FD (Fixed Deposit), RD (Recurring Deposit), Real Esatates etc.,
These are going to burn our fingers. Bank intrests fall down. 6.75% is the highest return in November 2017.
This is the right time to search another way for invest and get better returns than banks, Real estate.
The one and only is MUTUAL FUND
1. Mutual funds, Shares are both different
2. We no need to go any where
3. Don't worries about market falling
4. Demat account not requred
5. Stock market knowledge not required
What is mutual fund?
Mutual - that means "MULTI"
For example, i have 100 rupees. I went to market, purchased Onions, Tamotos, Chilli, Leaf Vegetables & Ginger.
Here also, when we invested one MF, one fund organiser invest our money into different companies like, TATA, HPCL, RELIANCE, GAIL, HUL,... he is called FUND MANAGER
The fund manager observes our markets along with US, CHINA, UK, JAPAN markets also. He predictable how we gain money from today's market. And he invest our money into multi companies. If returns are high, the money distributed as per NAV.
NAV means NET ASSESTED VALUE. the value may different fund to fund, day to day. MF companies should report daily NAV of all funds every day night 9.
1.The goal is important
2. Discipline of investment
3. Right to choose MF
4. Patience
5. Never loose money.
