Published: 17th July 2024
By: Value Research
Investing every month will help you secure a financially safe future. But the initial steps can often be the hardest. Here’s a guide to help you begin your investing journey:
The number of years you are ready to stay invested in is crucial to deciding where to invest. You have to figure out if you are investing for long-term or short-term goals.
For goals that are at least five years away, equities are ideal as they offer inflation-adjusted returns. Long term goals can be buying a house or funding education.
New to equities? Start with aggressive hybrid equity mutual funds. They offer a mix of equity and fixed income. The presence of debt cushions your money against steep market drops.
What about goals that have to be met in a few months or years? Say yes to debt. Our story details the ideal debt instruments to meet these goals. Read from the link below.