We have been taught all our lives to invest in various things around us at a certain age. Education, learning instrument, certification courses and what not. But we are not taught to invest in the real global market where you can actually raise money and get proper returns for the future you desire. Its like you know how to sail a boat but have no knowledge on swimming.
when you are in your 20s , you have an opportunity to take more risks compared to at later stage . your financial responsibilities are minimum so it becomes easy and not worry much if you put your money in risky company . Also the level of knowledge and experience you gain at this age will be extremely helpful.
In today's world you need to secure some kind of passive income its implied as the standard of living and economy of the country changes so its time to do the smart work along side hard work.
Investment industry is enormous, confusing at beginning but definitely beneficial in longer run as its on growing scale in India. The most amount of investment is done my India women in Gold as it has no limit and risk of loss is quite less. The return in gold are high at present in India. The next maximum investment is done in Bank deposits as it offers approximately 8% annual return and older generations here find it safe. But the recent frauds and scams have changed many Indian citizen's mind to put to much money in public sector banks as they turn out to be generally risky.
Mutual funds are equity based and its ROI is high as well as risk but if you figure out the market and the company you can make good profits. Investment in Real estate in India is also supported by many as its capital gain is high so is the risk.
Start putting some portion of your income or pocket money aside in your mid 20s this is sure shot way to reward yourself with stress free financial future.
and many more. These are some i have researched about and found interesting and cool. Take proper guidance and start investing .
You can also follow many account pages who give full information on same or hire a broker.
Make a Systematic Budget of your savings and do not fail to work on increasing your active income completely relying on just one might not be a perfect decision .
