I am 28 years old, single and have no financial obligations as of now. I have been investing in mutual funds for the last 5 years both as a lump-sum investment as well as through systematic investment plans (SIPs). Majority of the lump-sum investments were done in January 2008, but the market crash that followed reduced my portfolio value to less than half.
This article was originally published on August 20, 2009.