I agree with you, that this (100 - Age) formula is just a thumb rule; if you don't really need too much money at a young age, just put the maximum in Equity (either in shares, if you understand the share market, or else, just put into Mutual funds). In fact, Index funds are the easiest (if you don’t mind the lower returns as compared to active funds). Actually, compounding does a much better job, in the long term. Having said that, we need to first have a sufficient Reserve for emergencies, besides having Insurance (take only Term insurance, NOT ULIPs or money-back stuff) and must have sufficient Mediclaim, to take care of difficult situations...
@manorakhee Жыл бұрын
Lovely insights!
@hemantvadhel791410 ай бұрын
I don't know English
@arunkumar-ct4gl8 ай бұрын
Kindly try stick to english as followers like me from south shall benefit. while one can try understand lil hindi here and there, when its long sentence, not able to get the complete meaning
@akashis39728 ай бұрын
video fty7tffyggggh acchha nai
@habibapatel43049 ай бұрын
Don't trust
@dattasarukte624810 ай бұрын
Ye agar hindi me sanjaya hota to bhetat hota.
@Kuttanwarrior10 ай бұрын
Dear Madam, you are absolutely right. Finance needs discipline in lifestyle if its to grow! 100% Equity SIP