Rome wasn’t built in a day, and so is the money that you wish to compound.
People often tend to forget the unimaginable power that compounding possesses. In just a few years, your investment along with the interest it generates stacks up to your investment which in turn generates more interest. Yes, it is a vicious money-growing cycle.
As the word compounding suggests, it is stacking up one investment over the other and reaping the benefits. Yes, which ultimately means one thing. Being consistent with your investments! But let’s face it, are we being consistent with our investments?
Introducing Fello Autosave – Savings made easy and consistent
A simple 3-step process – Choose an asset, Set amounts, Setup Autopay.
In the fast-paced world, you often tend to miss out on a lot of things. You might be occupied at work, running everyday errands, and more. The main ideation behind Fello’s Autosave feature is to bring consistency to your savings.
Exploit the benefits of the power of compounding by enabling Autosave on both Fello Flo and Digital Gold. Yes, you can choose the asset in which you’d like to invest; Not just that, you can now set up Autosave for Daily, Weekly, or Monthly frequencies too.
You can invest in Fello’s assets i.e. Fello Flo, Digital Gold, or a combination of both as you see in the screen above. Both asset classes come with their unique benefits. Flo gives you stable 10% returns whereas Digital Gold value grows with the market value.
To make your investment journey a hassle-free one, there are predefined frequently chosen combos. However, you have the flexibility to make one combination on your own. Apart from the combination, you can also choose the daily, weekly, or monthly frequencies.
The maximum amount allowed to Autosave is set to â‚ą5000 per day. So, for example, if you wish to save â‚ą60,000 on a monthly basis, you can opt to Autosave â‚ą2000 every day.
If you wish to save â‚ą20,000 per month divided for both assets, you can divide your asset values accordingly. Firstly choose the combo asset class. All you have to do is set the weekly transaction of â‚ą2500 on Flo and another â‚ą2500 on Digital Gold.
In conclusion, as you bring consistency to your investment, you get to compound it. And in less to no time, you will witness a massive growth in your investment in the Fello assets. Start today, and enable Autosave now!
