Finabase

    • Login
    • Categories
    Home Watchlists Portfolios Map Forex Futures Crypto Comparisons Alerts Screeners Backtests vTrading Settings Forum
    1. Home
    2. Categories
    3. News
    4. MFs offer better diversification than direct stocks for investing small amounts

    MFs offer better diversification than direct stocks for investing small amounts

    News
    1
    1
    303
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • N
      newsreporter last edited by

      Summary:

       

      As a student, at the age of 19, where should I invest my pocket money which is around Rs3500 after all my expenses. I already have some direct equity exposure.

      Shubham Popli

      Answer by Harshad Chetanwala, co founder, Mywealthgrowth.com

      It is very encouraging to see your plans to invest pocket money in equities. The earlier you start, more beneficial it is for you in long term. As you have just started investing, I would suggest you to implement one important rules of investing i.e. always invest keeping an objective and time horizon in mind. Along with this, knowing the different asset classes will help you to take care of your savings and investment in future.

      Equities by nature are for long-term investing and you should at least hold them for 5 years or more. You can invest in d ...

       

       

      Read Full News: https://www.livemint.com/money/ask-mint-money/mfs-offer-better-diversification-than-direct-stocks-for-investing-small-amounts-11622520245441.html

      1 Reply Last reply Reply Quote 0
      • 1 / 1
      • First post
        Last post
      Copyright © 2022 finabase.io