Last reviewed April 2021. Product structures and categories may have changed since — worth a sanity check against a current source. Fix this pageMiscellaneousIn this sectionWhere can I park money for a few days, a few months, or a few years? For shorter durations, few days to few months; Overnight funds / Liquid funds / Money Market funds are alright. High Yield Savings Account (HYSA) are ok. If large amount, consider registered advisor.What are chit funds? Should I invest? Closed system, where someone's gain is another person's loss. Does not scale with corpus size. Has little to no regulatory oversight. Stay away. Also called as chit, kitty, chitty, kuri, etc.Is Gold a good investment now? It has gone up ~50% this year If that is indeed true, best time to buy gold was a year ago. It can be a great investment, but one cannot judge good or bad investment only the basis of recent returns.