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I'm 18 and have saved 60,000 INR (900USD). How should I invest?

Pulak Priyesh
31/03/2017 0 1

It is good to know that you are thinking of investing options at a very early age. However, you have to remember that investing is a long term option, where in you need to invest continuously, systematically over a long period of time to generate wealth.

First thing you need to understand is the risk vs. return graph and how the various investing instruments that can be helpful in achieving your goals.

Mutual Funds:

It is important to understand the risk profile of all types of mutual funds. Liquid funds have no risk but low return, Debt funds, Balanced funds have low to moderate risk but moderate returns and Index funds, Equity funds have higher risk and Sectoral funds have the highest risk (Risk due to investments in only one sector).

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Gopal Kavalireddi | 27/05/2017

Dear Mr. Priyesh, I have found that you are using my answers written to various Queries on Quora without any approval or confirmation from me for any usage. I don't think this is appropriate at all, that you are using my material without informing me.RgdsGopal

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