Thursday, September 16, 2010
Start investing early
One should start investing at early stages of life , the sooner you start investing the more likely chances you have of creating wealth. One should ideally start at the age of 25 or may be sooner than this. Most of the people are afraid of investing in equities, mutual funds but investing systematically and investing in companies with good fundamentals should be the key. In mutual funds also SIP route is available, in this some minimum amount monthly you can contribute from your salary towards your mutual fund selected. But once again this should be started at an early age , one more reason being that the risk profile of an individual is more in early ages when you are not married, and have less responsibilities on your end. By investing a small amount , gradually with regular contribution to your investments one can create a good corpus in time.