Here's an investment guide for people in their late 20s and early 30s

Most youth do save, and some up to a fourth of their income. But what a majority of them falter at is investing- investing intelligent.

By BT Online  
Monday, November 21, 2016

Most youth do save, and some up to a fourth of their income. But what a majority of them falter at is investing- investing intelligent.  MONEY TODAY presents a step-by-step primer for young investors. What Loan?

There are good and bad loans. Good loans are used to build assets such as a house. Bad loans don't create assets and are used to buy home theatre, PDA, etc. Debt service ratio (monthly loan payment as percentage of monthly take-home income) indicates your repayment ability without stretching your resources

 Retirement Planning Now? Plans to holiday and travel after an active career needs to be well funded. Power of compounding helps you amass a huge retirement corpus; the earlier to start, the bigger it gets

 Buying Stocks? A high-risk and high-return investment. There are options like IPOs (initial public offer), mutual funds and direct equity Start safe with a mutual fund; you can do so with a SIP (systematic investment plan) and then look at other investing options

 

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