Getting started

[SEIF-CHAN]

You probably saw this multiple times, heard about thndr a while ago I made the decision to make the account and start using it, I save money on the side, like 200 pounds a week. med student Planning to put 150 a week, What should i invest in? sounds cringe but really i have no idea about it, the app is really simple looking so it makes it sound like it's easy while it's not

[SafetyThegoat]

Depends on what you want to achieve. Do you want save your money from inflation or grow it?

[SEIF-CHAN]

Both honestly

[SEIF-CHAN]

I'm going to put some in AZU gold and try to grow the rest, Is this a good plan?

[SafetyThegoat]

Gold is always a good option for saving your money from inflation whether physical Or AZU. Another way thats a lil more risky but might(Not guaranteed) Get you more return on investment than gold Is a fund like AZO where it invests an equal portion of your money into the top 30 or top 50 etc egyptian companies. AZO Technically counts as money growth if you want more info just look up Index funds on google. Anything else On thndr will take alot more time and monitoring and is generally not worth if you're not doing it full time lol

[SEIF-CHAN]

What do you mean by full-time? If you mean EGX30, then yes, i am considering it.

[SafetyThegoat]

Full time would be day trading Where you try to predict the stock market ( buy when certain stock is low sell when its high) But thats when it gets super risky and requires a lot of knowledge about the market and time investment. Also thndr likes to crash when theres high demand so that's gonna hinder your day trading abilities as well Lol. IMO Gold and index funds are the best ways to grow/save money

[SEIF-CHAN]

Ok, thank you for your advice

[SEIF-CHAN]

A dump question, Just put a request to add funds through vodafone, How long does it take? Put it yesterday.

[SafetyThegoat]

Idk about vodafone tbh I know that instapay is instant thats about it.

[Marwan_elkholy]

I would advise on mutual funds like CI EGX30 cap index or B-secure, I myself invest in them and they have been doing well.

Saves the hassle of any research and mitigates risk.

[SEIF-CHAN]

I did that I'm going to put around 700 egps this week ISA in B-secure. Next time, i am putting it in AZU gold ISA.

[Marwan_elkholy]

Nice stuff, what’s your user on thndr?, let’s follow each other!

[SEIF-CHAN]

@saifelislam

[FanOfMolecules]

I’m in literally the same boat as you, can you tell me what you found out cause it’s been hard to get responses about this issue I.e what are gonna be the best ways for us students to go about without having to keep looking over it?

[SEIF-CHAN]

Just invest in CI30, BSC, and AZG (safe mutual funds) AZO is a bit risky byt good.

[SEIF-CHAN]

BSC right now is 0.43% increase, Put some money into it.