hi frnds,
i need ur valuable advice for where to invest in mutual funds
i am a house wife planning to start trading online....to be a start first i want to invest in mutual funds... i can able to pay 5000 monthly as sip for 2 yrs what will be a good fund to invest...i want to be in medium risk
if you have never taken a single MF before i would suggest to read a lot. there are lots of information on the net.
they are a few principle you should believe
1. there is no free lunch .
2. money is to be respected. that is why we do pooja for lakhsmi
3. invest in long term. maybe 5 years ahead.
4. for less than 5 years FD or debt /liquid funds are advisable.
5. only that money which is idle and not required for long term. should be invested.
6. never borrow /leverage for investing in stock/MF.
regards.