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With ever rising inflation and rising costs of education, saving for future has become a necessity. I do not know what my child would want to become in future but I do not want any financial restrictions on him. Now my kid is 10 years old but I am worried about his future and his college education. Could anybody guide me in saving for the college education.
I would suggest you to go for mutual finds. They are relatively safer investment option,. As your child is still small, you have enough time to invest for him. I also strongly recommend no-load mutual funds, which don't charge a sales commission, and funds with low expenses.
Is there any site where I can learn about mutual funds? I think it is a great idea to invest money for child's future. Have you ever invested on one?
Cummulative deposits are a safe investment but chances are your money will not grow as much as they would in a good, strong mutual fund. If interest rates are rising, choose a shorter term CD so you won't be locked in for too long as the rates go up. If interest rates are high and expected to fall, lock-in the rate for as long as possible by taking out a five year or longer CD. This is best possible advice I can give.
People say it's better to invest in properties. Prices always grow at this market.
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Bonds aren’t sexy and exciting like stocks, so most folks don’t want to have this conversation. You asked for it, so check the https://wealthpursuits.com/how-to-invest-in-bonds/. Any time someone searches for “how to invest in bonds,” they are just begging for this spiel. Are you ready? Grab a cup of coffee.
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What about crypto investing?
I believe it's still a thing nowadays
Ok, I got your recommendations about things and fields to invest in. But do you work with brokers? If so, recommend me any and share your experience. I'm just gonna deal with Olymp trade (many of my colleagues and friends recommended me) and I just want to compare various brokers. Maybe it will be better to change them.
Such forums provide useful answers from experienced guys. People are asking whether they should start investing or not and I would say that they should Have a Look at These Astonishing Hidden Tips! and they got to know more about this. This is why I am in favor of forums.
I would suggest you go for mutual funds. They are a relatively safer investment option, As your child is still small, also learn what is a cfd and think of acting on that as well.
Hello, how are you? I started saving money for what my son's future will be, I am an average worker in a food store, I don't have much resources but whenever I can save 50%, I use 30% for my home as food and Those things, but I occupy 20% to invest in 4rabet casino https://nalusmaui.com/ and with that I get a little more but I clarify it is an option for desperate people like me and they have to think cold, have luck.
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