Investment at early age – please guide me

POSTED BY Malay Shah ON December 7, 2013 6:59 am COMMENTS (5)

I am Malay Shah, 24. I have started earning. I can invest 15k-20k per month. But I am really confused about where to invest. I am in dilemma to go for,

1- RD


3-Auto FD

4- SIP

Please guide me. Thank you

5 replies on this article “Investment at early age – please guide me”

  1. Malay Shah says:

    Thank you very much for the fruitful insight. Actually, I was wondering where to start. But thanks to you that you showed me the path. I’ll work upon it.

  2. Sumit says:

    Hi Malay,

    You have started to think about financial planning at 24, that’s great, you will surely gonna create wealth in longer run.
    Firstly know about asset allocation and decide what should be your asset allocation in below link:

    And then build your investment portfolio according to your comfort, this is the time to be aggressive and take higher risk. Equities should form major part of your investments , better to start with mutual funds. Keep some portion in fixed Income products and debt funds as well. Open a PPF account soon. Just keep 3-5 months expense in a saving account as emergency fund. You can invest in Gold (5-10%) – obviously in Gold ETF or Gold funds rather than physical gold
    This is also the perfect time to get the term insurance or other health covers, as the premium will be much lower at this stage.


  3. ashalanshu says:

    Deatr Malay, do you think there should be some other basics for each age bracket. Please feel free to discus your pain points.



  4. Malay Shah says:

    Dear Ashal,

    I went through that link and I saw whole conversation about Insurance but couldn’t get anything about early age financial planning. It would be great if you provide exact link or guide me through it.

    Thank you.

  5. ashalanshu says:

    Dear malay, please read this first.

    jagoinvestor. com/forum/finacial-planning-faqs



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