What's the safest way of investing your money? I have tried the stock market but it's risky. Is investing in gold a better alternative?
Start an SIP of 20% ur monthly income on any good large cap equity mutual fund. My suggestion would be Parag Parikh flexi cap fund, but anything else is also fine.
There's a method to this madness. Start by SIPs in mutual funds. Spend time learning the fundamentals of investing in the meantime. 3-5 years later watch your corpus compound , once you are more wiser, then start picking stocks. Alternatively, get an advisor if you have the capital now
