I am planning to invest 50k monthly. But since the market is moving side ways, does it make sense to put the money in FD and and once the rastra bank reduces rate then enter the share market with the money?
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Putting money in Fixed Deposit at the moment
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Daily Discussion Thread (Tuesday – Oct 11, 2022)
imo, market entry point should be after FD interest is 9. now saving rate is at 9.
In my opinion, in current market FD is quite good option if you have cash. you can opt for compounding/recurring FD time if you planning for monthly.
Good thing about FD is you can get 90% money as loan based on FD and this can be done via their app.
Every 3 month ko garda bes ho, esp bank like nabil which gives you interest monthly
Interest rate ko peak point ei hune chances dherai chha
Thorai thorai garera accumulate grda thik hola.