Intentar ORO - Gratis
When is the right time to start investing?
Mint Mumbai
|January 09, 2024
I am 25 and have just started working. I am yet to start my investing journey. Should I wait for the equity markets to correct or should I start systematic investment plans (SIPS) in mutual funds?
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-Name withheld on request
There is no better time to start investing. It is very difficult to time the markets and although the markets are due for a correction, it would not be wise to wait further. Also, when it comes to SIPs, there is not much merit in timing the markets.
We would suggest you invest in different mutual fund categories. Large-cap funds, flexi-cap funds, multi-cap funds (40-60% of corpus); mid-cap funds (15-30%); and small-cap funds (10-20%).
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