On July 30, 2019, BFC Capital conducted its 231st Quality Circle Program at Hindustan Aeronautics Limited (HAL), Lucknow, with the aim of spreading financial awareness. The event fostered a meaningful interaction with HAL employees, equipping them with valuable insights into financial planning and investment strategies. Through this initiative, BFC Capital reaffirmed its commitment to empowering individuals with financial knowledge for a secure and informed future.
How Does Compounding Work in Mutual Funds?
Compounding in mutual funds means simply earning returns on your returns. When the profits from your investment are reinvested, they start generating their own returns. Over time, this creates a snowball effect, especially in long-term investments.
Can I invest in multiple or many mutual funds at the same time?
Yes, you can! Investing in multiple mutual funds is a smart way to spread your risk and balance your returns!
Should I invest in mutual funds or stocks for better returns?
Both options have their strengths it depends on how involved you want to be.
- Mutual funds basically give you diversification and are great for building wealth steadily for the long term without having to monitor them constantly
- Stocks can in contrast deliver high returns, but they need time, research, and the mental, financial, physchological ability to handle market ups and downs.
