Meroshare.net

meroshare_logo

Putting money in Fixed Deposit at the moment

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?


View on r/NepalStock by Nepali_Thor


4 COMMENTS

  1. 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here