Back

Gargi Jain

Cloud | DevOps | Ill... • 9m

What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns. His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period). FD is safe play. Mutual Fund involves share market and there is no guarantee." I tried explaining him a lot. But didn't work in my style. How would you convince such a person in this situation?

7 replies10 likes
Replies (7)

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

If startup is your baby and you're dad then who is your wife ?

8 replies2 likes
Image Description

SWAYAM DAS

Hey I am on Medial • 7m

Mutual Fund Maestro Slogan: "Your guide to navigating the world of mutual funds." Description: Mutual Fund Maestro is a comprehensive platform dedicated to helping investors understand, research, and invest in mutual funds. It provides a one-stop-sho

See More
1 replies2 likes
1
Image Description
Image Description

Shubham Jain

Partner @ Finshark A... • 3m

Financial Planning for One Client Age :- 34 Salary In Hand :- 1.8L Expenses :- 85-95K ( Including EMI ) Advised him to invest in 60K in Mutual Funds and 20K in Gold Funds . Going to increase SIP by 10% Every Year Amount after 15 Year in MF :-

See More
3 replies2 likes

Soumya Ranjan Dash

Hit & Trial • 11m

Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs. Entry level Salary in 2022: around 3-3.5Lakhs. Inflation every year is around 6-7%. Yet FD is where 58% of Indians have invested. FD is safe FD ensure liquidity FD return doe

See More
0 replies5 likes
1

financialnews

Founder And CEO Of F... • 5m

"Sebi Permits Mutual Funds to Invest in Overseas Funds Holding Indian Securities for Enhanced Transparency" Sebi Permits Mutual Funds to Invest in Overseas Funds with Limits on Indian Securities Exposure The Securities and Exchange Board of India (

See More
0 replies1 like

Atharva Deshmukh

Daily Learnings... • 10m

Investing helps us gain financial independence, create extra wealth, and better life opportunities. Everyone invests at some point or another in their life. There are various asset classes where one can invest, they are:- 1)Fixed Income Instruments:

See More
0 replies3 likes
Anonymous

Investing helps us gain financial independence, create extra wealth, and better life opportunities. Everyone invests at some point or another in their life. There are various asset classes where one can invest, they are:- 1)Fixed Income Instruments:

See More
0 replies1 like

Praveena J

Stay Hungry, Stay Fo... • 11m

Do you know about 40:30:20:10 rule? It is one of the most used formula to diversify your investments. 40% - Mutual funds/stocks (if you can take risks) 30% - FDs 20% - Gold/ SGBs (Sovereign Gold Bonds) 10% - Risky investments ( very

See More
0 replies4 likes
1
Anonymous
Image Description
Image Description

I just want to say to every entrepreneur and person who is not taking 18-20-year-old boys and girls seriously….You're a MF and fuck**off ...... BC

2 replies5 likes

Hemanth Varma

''Money can't buy ha... • 5m

can mutual fund be a profitable investment? A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its po

See More
0 replies6 likes

Download the medial app to read full posts, comements and news.