Hi,
I am 23, female and have been working for the last 18 months. I have less than zero idea about investments and would like some advice on the same. So far I have only 2 short term RDs adding upto Rs 6500/month(saving for higher education) ; my company PF+gratuity and a PPF which my father opened for me 2 years back and to which i contribute about 25k/year. I have a health cover with HDFC for which i contribute 500 rs per month. The rest of my savings is in a savings account gathering dust.
I would like to invest some 4k/month more in SIPs(is Gold SIP a good idea?) But if I go for higher studies next year ….I wont have any income for the next 2 years,,,,,,,is it wise to put my money into something now or shall I wait till i complete my higher studies? In either case….which are the ideal SIPs to invest in for a person of my age and income(30k in hand per month)