Need help expanding investment portfolio.
So I already have a savings account with Meezan bank. It barely gives a return. So I am trying to leave more money in it each month to see if the profit goes up next month - even after the Filer's CGT deduction, not left with much profit.
I have two mutual funds - both Al-Meezan. The purpose here is to leave money in them and never look back. Out of sight, out of mind - best way to avoid impulse purchases and to steer clear of my I-am-going-to-buy-a-Kindle-this-time-for-sure phase.
Where else can I invest?
I did stocks. With K-Trade. But they now want to charge something monthly, right? Is there any other brokerage firm that doesn't charge you a monthly fee? I am thinking of buying high-paying stocks and leaving them so that there is a dividend at least. Need help with THIS - POINT A.
Also, National Savings? Which account would be suitable for me?
- Special Savings Account or the
- Savings Account THIS IS POINT B!