Cut Out The Noise; Start With Basics

It’s the best of times and the worst of times to be a Gen-Z investor in India. Digital platforms have enabled every young investor to start investing with even small sums but a plethora of options can trap you into the wrong investments. The following steps can set you up for financial success:1) First Save And Invest: Investing what is left after expenses is a sure shot way to end up with zero savings. Try to save 15-30 per cent of your monthly income. If it is tough to save that much, you can start with even `500 a month. Start by automating and committing to a systematic investment plan (SIP) in mutual funds. This helps build your core portfolio through a well-regulated product. www.mutualfundssahihai.com,  a website launched by the Association of Mutual Funds in India, and other platforms can help you learn more about mutual funds. Fear of missing out (FOMO) and peer...