Q&A: What is d best choice to invest Rs. 1 lakh now? In Gold or MFs or Stocks? Suggest India MFs and Stocks. Thnx?
Can you suggest some best MFs and Stocks with moderate risk and higher returns for period 1-5 years. Thanks
goldsenze.com Answer:
Most mutual funds will eat most of your profits and then the IRS will take the remainder (and maybe more.) Present day virgin (in the market) folks should look into ETFs. Depending on your IRS rate keeping a stock for a year and one day is best as a long term investment. Anything over that time the stock (company) becomes stale and sits around doing nothing. Have a trailing stop (about 25%) and stand by it.
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