Where one should invest???? Like, we have various options for investment and various asset classes.
Like saving bank balance, Bank F.D.s, Corporate FDs, Life Insurance, Gold, Equity (Mutual Funds, Direct equity, F&O, Private equity).
Return varies in all these options as risk increases.
So, where a person should invest? how to accurately judge one's risk profile. It’s almost impossible.
But one can see their age, their present and future potential income. And they should cover their major risk like life risk with a term policy, and after accessing these things they can go for risky investments.
After accessing risk they can diversify their investment into various asset classes. Always have a basket of investment; never keep your money in one basket.
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