Hello,
I am 24 years old earning close to 6 lacs/annum. I have a general question.
What should be the ratio of money invested in stocks/mutual funds to the money utilized for tax saving instruments?
Should I go for complete investment with maximum profits in mind and pay full income tax?
Or should I save as much income tax as possible and rest for equity investments?
Or somewhere in between?
What is the best way forward with repsect to aggresive risk profile?
Hope my question is not confusing. 🙂
Regards,
Abhinav