Hi All, I am the reader of Jago Investor blogs since last 1 year & impressed with answer I got of my questions which I posted in number of occasions when I need expert help. Today, I want to discuss about more general things. Lets say, If one is getting 8000-15000 salary per month, how he should invest?
Which investment tool one should invest in when he is getting less salary? In these conditions also, is it advisable to invest in equity (mutual funds or shares) or investment in debt only should be preferred. Also, I observed that most of the time advisors asking for setting the goals for each investment. From my personal experiance I can say that it is really difficult to set the exact goals then it would be very difficlut to do the same who are getting very less income & still wants to invest their money somewheere? What should be the strategy during setting the goal or investing their valuable money. Your expert views on it please.
Regards, Ram