Dividing salary proportion for investments
Lets say when you recieve a salry of x amount per month, how do you divide in for investements and what is your thought process for investing this amount in that asset category?
50:30:20 - I do a min of 30% for investment. You can go for 20% as well. Overall it depends on your in hand expenses.
15% of overall this 30% in FD. Remaining 85% I usually invest in MFs and Smallcases.
It depends on multiple factors like how much u earn, if people are dependent on yoh or not, etc
If no one is dependent on you as of now
Then you should invest most of the salary in the starting days, I personally do 60-70% investment
You should do a minimum of 30% investment In my opinion
