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Rising Star
Let the SIPs run!
Experimenting and learning stocks through webull app. More than stocks, I'm getting more interest in the app itself though since it has so many features and usability is so good. I'd used robinhood before and it was annoying as hell.
Liquid and arbitrage mutual funds
Rising Star
Savings account interest rate is almost similar unless we use the ltcg benefit of arbitrage funds isn't it?
It's based on the money reserve you have... If u have 1000 above, invest in stocks... If u have 2000 invest in mutual funds and index funds will give u better resuls than any other mutual funds (try nifty index or healthcare index - both can never b exploited, so stock growth is for sure)..... If u have 10000 invest in government bonds which is secured.... If u want more idea contact me so will give you a brief clarification on portfolio management....That will help you know how to manage your funds...
So you are saying nifty index funds are more secure as well as high returning funds? I was thinking of diverse portfolio like large cap, mid cap, multi cap, balanced aged, equity savings. So if I just invest in index fund, no need of abive diversification?
Cryptocurrencies
Try WazirX for trading in crypto.
How much per month you invest in SIP?
Currently 9100. I increase every fiscal by 1 or 2k.
How much should we invest per month in mutual funds?
Rising Star
Depends on how much you can!