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Where do I invest my monthly surplus of $1000? |
I have a monthly surplus of $1000, and I want to make it grow. But I don't want to simply put it in a savings account in a bank. Any suggestions where to invest it? Which trust fund? Bonds? Etc. I know it's not much, but for starters, can you help me out. And yes, thanks in advance...Cheers! ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read. Hi friend try to invest in share market.Investing in stock market is really a good idea.. Before investing learn more basics about it.. If you are first time investor means just go to the broker office & get the guide from them.we cannot predict the future in stock market .Just take a look at the below link to get free information regarding stock market. Remember: |
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