BeingLXME : Women make wealth community's profile image

by Lxmecommunity on Oct 21, 2022

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A community of women that help you 1. Learn the basics about investing2. Earn money from home3. Invest in the right tools4. Borrow from the right sources 5. Spend wisely - using golden budgeting tips

💵 Finance
Financial Independence
Personal Finance
Personal Finance

How are your resolutions for 2024 going so far? Don’t worry! We got you. We’ll help you set your financial goals and you can ask us anything. Join us on this live Q&A.


How are your resolutions for 2024 going so far?  Don’t worry! We got you. We’ll help you set your financial goals and you can ask us anything. Join us on this live Q&A.
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Truptii

Holistic Menstrual Carecommented 162 days ago

Some people say MF are old tradition now? what do you think?

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KoushikiPrasad

Holistic Menstrual Carecommented 161 days ago

Could you please suggest what kind of STOCKS we can invest to, any suggestion to which stock market should with start with. Like I am completely new to this and want to invest on something. Please suggest

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MoneyCoach_BeingLXME

commented 161 days ago

Hi Koushiki, As a woman, making an informed decision on where to invest your money begins with understanding your options, goals and only then, putting forward your hard-earned money. Divide your goals into 3 categories: 1. Ultra Short Term(less than 1 year) 2. Short term Goal(1-3 years) 3. Long Term Goal(3+ years) this will give you lot of clarity on how to invest your money. Now, when we speak about investing in stocks, it means allocating money into Equity, which is suitable for investing for the long term, as it's volatile in the short duration. Equity Mutual Funds are a great way to allocate money into stocks as it offers you the benefit of diversification into multiple stocks even with Rs.100/-, there's professional fund management, so you don't need to do the research on selecting the best suited stocks, you can invest via SIP and Lumpsum as per your financial goals. you can read this blog to get a detailed insight: https://lxme.onelink.me/95JV/blogdetails504

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MoneyCoach_BeingLXME

commented 161 days ago

Hey, Trupti! Mutual Funds are one of the smartest ways to invest your money as a women. They are regulated, allows you to invest via SIP and Lumpsum, offers you the benefit of diversification, professional fund management and ability to withdraw money when you need it. You can invest in Equity, Debt and Gold, all through Mutual Funds as per your financial goals. The best part, you can start investing in Expert curated Mutual Fund plans with just Rs.100/- on the LXME App. https://lxme.onelink.me/95JV/LXMExCoto

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MoneyCoach_BeingLXME

commented 161 days ago

Hi Everyone, Good Evening!! Feel free to post all your Qs in this thread and I'll guide you!

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