I"m an Indian and have a very low in come. I want to know about Mutual Funds, Shares. I'm dont know ABCD of it

Pleace tell me what are mutual funds, how safe they are and what are the best Mutual funds, how to find the best mutual funds, when to invest in mutual funds. I have a saving of nealy 1.8 lacs and income of 4,000/- ( its gone low due to some tensions at home) and I have wife (un employed) a small daughter and im staying in a rented house. This is my wife's email Id so don't think seema and man is asking, please dont make fun of my income and me Im preturbed

[ I'm 62 year old with 40 years experience as investor - I have seen may falls than raise - because I change strategies quickly I have not lost any money - - please be rest assured I will not make fun]

IMPORTANT : THIS IS THE RIGHT TIME (JUST AFTER 15 OR 30 DAYS) TO INVEST IN MUTUAL FUNDS WHERE NAV IS LOWER.

1) Investment in Stock Market or Mutual Fund is very risky.
2) You can use search engines - with key words you will get educated in all respects.
3) SEBI web sites will give more details.
4) Brokers will give essential features - certain issues are beyond their control - so don't blame them
5) Even after complete knowledge, you cannot do anything once you invested your funds. - if days are good you will get back your investment with fair return - don't expect heaven.

THE MARKET SIZE IS ABOUT 600 LAKHS CRORES (MIND BOGGLING) AND DAILY TRANSACTION IS ABOUT ONE LAKH CRORES.
small investors (for that matter 'none' whether big or small) can have no say.
only our fate will rule

BEST OF LUCK.

Sir,

75% of all Mutual Funds underperform the stock market. Most of them have high fees. I do not know why people continue to recommend mutual funds.

A person really has to know what they are doing in order to profit with mutual funds. May I suggest.

Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.

Go to : low-cost-stock-recommendations

.com

Click on the "DRIP's" Button on the Navigation Bar

These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.

If you decide you are interested in DRIP Plans, click on the advertisement on the same page "$4 to purchase stocks". This will answer your next question, which is, How do I get started? and what is the least expensive way to get started?

I strongly recommend looking into it. They are great plans.

Good Luck