Hello guys,
i am 26 years of age , not married , working as a Software Professional . i have gone through many articles from this forum along with the book . i have never considered for any investment before but after reading all enriching articles from this forum i just realized what a big mistake i have made . But its never too late , so guys please help me with my portfolio.
i can invest 20 k / month from my monthy salary . Can anyone suggest me how should i divide across various investments .
First thing is i need to buy a term insurance, can anybody suggest a good reliable insurance plan for this ?
Second , i would like to invest much of this 20 k into equity for long term , But i dont have much knowledge into mutual funds and stocks . So it would be great if you guys could suggest me some good mutual funds to invest .
Then what should i do with the rest of the investment amount ?. Please do correct me if i am making mistake anywhere .
Thanks,
Vivek Soni