Mutual Funds Sahi Hai!

As the saying goes, ‘the early bird catches the worm,’ – the same holds true for investment earnings also.

- D P Singh

The earlier you start, the better are the chances of creating large financial wealth, as you get more returns for more time on your investments. Investing early can help you accomplish your financial goals in life comfortably. However, most individuals start investing when they are married or have kids, without comprehending that they are already late to the investing world.

Youngsters should always remember that ‘time’ is your greatest ally. Your investment capacity may not be significant when you start your profession, but this shouldn’t dissuade you from investing early. The first few years of investment at the start of your career can have a massive impact on your future wealth creation. Your twenties are actually the prime age to enter the investing world, even with college debt and low salaries.

The only thing certain in our lives is uncertainty. Whether it is your job or happenings in personal life, there may be situations where you will need money. Millennials should acknowledge the fact that the world economy has become more dynamic and connected to each other than before; a crisis in one part of the world impacts other countries and markets across the world. Inculcating the habit of investing can help you be better prepared to face these disruptions. To start planning your finances when you start your career can help you create a reserve and build a corpus. Mutual funds are a great investment option and can certainly bring in that discipline of financial planning.

A Case for Mutual Funds