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Investing Guide

Investing Guide

Investing Money -

I believe we all need to follow the basic financial guide for investing or saving money -


50/30/20 Rule-(Needs/Wants/Savings)


Needs-50%- Classified as Rent/food/local travels etc

Wants -30-Gadgets(phones/airpods),expensive clothing etc

Savings-20%- Invest this savings in suitable asset classes to grow.


Note - above percentage only a recommendation.you can always make changes as per your finances.


Further I suggest the investment asset classes as below -

Stock Market Driven-

  • Mutual Funds-Index funds(sensex/Nifty) with low risk & low expense 0.1 %
  • SIP
  • Stocks- High risk but to begin with only invest in blue chip companies.


Real Estate

Gold/Gold Bonds

Fixed deposits/Bonds


you can invest your money as per your risk taking Capability but as thumb rule you put money in stock market which you don’t need for next 5 years.


Hope above Info will be useful for All.


regards


sohi

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3 Comments
Vikky· Oct 31, 13:03
Helpful buddy
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1 Like
Preet· Nov 01, 07:04
Nice
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