Actually i need to invest in mutual funds.I know two types of fund income fund and stock funds.I think that income funds are better than stock funds.What will you suggest?
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Investment in mutual funds
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There are actually lots of different kinds of mutual funds. Which ones are appropriate for you depend on your investment goals, your timeline, your risk tolerance, etc.Steve
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Why do you think Income Mutual Funds are best? Do you believe interest rates will continue to fall? Do you think you are safe from inflation? Are you satisfied with 1%-3% interest? Do you feel it's a safe investment - that is the value of your contributions will not decrease?
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Originally posted by Johngate2100 View PostActually i need to invest in mutual funds.I know two types of fund income fund and stock funds.I think that income funds are better than stock funds.What will you suggest?
What I'd suggest is highly dependent on how long it is until you need the money.
Originally posted by Sibrar rasus View PostGuys does anyone know anything about saving money in a foreign bank? What are the drawbacks?
Can you create a separate thread for this question? It doesn't really affect this OP's issue.
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