While the valuations of some stocks are very high, the growth in the years ahead looks equally promising. Whether the market comes down or goes up from the current levels is a futile question to ask especially if your goal is several years away from now. Equity as an asset class is a volatile asset and market doesn’t move in one straight line. It’s always better to link your mutual fund investments to your long-term goals and stay away from short-term volatility.
If you are a new investor are an existing investor, one of the approaches that you may take is to invest in mutual funds based on your age. The choice of mutual funds (MF) scheme can be based on one’s risk profile or age. Let’s see how investors can make optimum use of MF schemes at different stages of life and achieve their goals.
The 20s investor
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