Capital Market is Booming in India, is it advisable to remove Bank FD and put in stock market..Pl advise?
Dana asks:
Since Inflation eats interest rate, I amd planning to withdraw my money from Bank FD and Put In capital Market For New IPO, Mutual Fund . Isel New Ipo Immediately on listing , where as I hold Mutual fund and equity, pl guide. In bank we have to wait 7 years to double the money and where as in stock ayear or so ? Investing only in Blue chip company
Since Inflation eats interest rate, I amd planning to withdraw my money from Bank FD and Put In capital Market For New IPO, Mutual Fund . Isel New Ipo Immediately on listing , where as I hold Mutual fund and equity, pl guide. In bank we have to wait 7 years to double the money and where as in stock ayear or so ? Investing only in Blue chip company
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