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How do housewives in US invest money

Discussion in 'H4 Indian Ladies' started by shivani1, Mar 28, 2015.

  1. shivani1

    shivani1 Senior IL'ite

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    my mother,who lives in india invest her money so wisely. though she is a housewife,she invest money given by dad,in bank,make fd,or store some money,takes gold..
    she also invest in lottery system(bhishi) in our language.


    what kind of such investments i can do in Usa as a housewife? My hubby says don't store money. He does everything by himself. pays bills by credit card and does not give me any money.. Invest in stocks...

    i also wanna do something like my mother.. how do i become a wiser housewife?? pls contribute answers..
     
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  2. butterflyice

    butterflyice Local Champion Staff Member Platinum IL'ite

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    FD's here don't give much interest. Most people invest in mutual funds or shares here. Or you can put aside some amount say 50usd every month and buy gold or invest in gold ETF.
     
  3. MalStrom

    MalStrom IL Hall of Fame

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    You can start with mutual funds, and decide based on your risk tolerance. The public libraries have good books on managing money. Vanguard for example has a good choice of funds with low fees.
     

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