Do you invest in mutual funds!

@dhawanbm (3705)
India
June 16, 2009 9:59pm CST
I have invested some money in share market but it seems to be not profitable now a days. Is it advisable to invest in mutual funds schemes. Alot many are available for the investors. Althogh its the safest but slow on earnings!
1 person likes this
3 responses
• India
17 Jun 09
Mutual Funds have lots of advantages over investing directly in share market like 1.Less risk 2.tax benefits 3.less transaction costs 4.easy liquidity 5.professional management of funds by fund manager 6.you do not need much technical knowledge of the market There are various schemes of mutual funds but the important thing is to choose which is the best for you. If you want more returns and are willing to take risks for that then you may invest in equity funds or if you do not want to take much risks then you may go for income funds which are less risky than equity funds but give smaller return. You may also consider balanced funds which invest nearly 60% in equity and 40% in fixed income securities. Apart from these there are lots of other schemes which are suitable for the different needs of different investors. So investing in mutual funds in the most wise and profitable thing to do especially for those people who do not have much time to keep a watch on the market and who do not have much knowledge of the market.
@Jemina (5783)
17 Jun 09
With mutual funds I think you need bigger amount of money to invest. I just am not in the position to do that right now. But I have joined A4U and I am very pleased with the system. Lots of new people signing up and upgrading to pro everyday. I just wish I had more money to buy adpacks which also means bigger earnings for me. But I only had $100 to begin with and less than three months have passed and my money is almost doubled already. I am aiming to earn at least $100 per week. But with my current ventures it will take a year before I can possibly achieve that. Hopefully, the site will remain to be strong for many years to come.
@JOIEMARVIC (2342)
• Philippines
17 Jun 09
mutual funds is a wise financial thing to be involved at. your money will definitely earn more compared to keeping your money in the bank.