Hi
I watch shows related to mutual funds on cnbc + read articles on your website and other mf related websites too so can i go for direct plans based on these knowledge?
Bank managers suggesting me to go for combination that is FD + MF but as we all know fd rates are falling down so why should i go for fds?
And the way they give me suggesions some times I feel they will get commission by our investment thats why they give options based on their profit. Is it so? Coz what they suggest me when i compare to mf websites or tv shows i don't find those are correct schemes to invest.
Thank you
1 Answers
Hi,
Investing in FDs/RDs for long-term goals can be avoided.
Kindly read:
http://www.relakhs.com/avoid-fixed-deposits-rds-for-long-term/
Yes, bankers do get commission on the financial products sold by them.
Suggest you to just pick 2 to 4 good mutual funds (Direct plans) based on your goals and keep a track of them.
Read:
http://www.relakhs.com/direct-mutual-fund-plans-buy-online/
http://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/
http://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/
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