Hi All,
this is my first post. i'm expecting your suggestions for a decision.
I have a debt of around 1 lakh interest rate of around 18%. I'm planning to close the debt by paying back.
recently i came through some information regarding investing in stock markets.
In these down times can i invest my 1 lakh( which i'm planning to pay back my debt )in stock market or mutual fund.
As markets are down i think i can get a good return in a long term. Is this true. will it be worth to invest the debt money.
If i take a decision of invest in stock market, i will not be trading daily. I like to invest in shares for a long time. will trade only when really required.
Will this will be worthful. expecting your suggestions and comments and guidance.
this is my first post. i'm expecting your suggestions for a decision.
I have a debt of around 1 lakh interest rate of around 18%. I'm planning to close the debt by paying back.
recently i came through some information regarding investing in stock markets.
In these down times can i invest my 1 lakh( which i'm planning to pay back my debt )in stock market or mutual fund.
As markets are down i think i can get a good return in a long term. Is this true. will it be worth to invest the debt money.
If i take a decision of invest in stock market, i will not be trading daily. I like to invest in shares for a long time. will trade only when really required.
Will this will be worthful. expecting your suggestions and comments and guidance.