Heard about invest in MF/Real Estate/Shares/FD’s/etc etc………….
Before going for any Investment one must have clear view of few things……
— Clear definition of GOALs (like Kid’s Education,CAR, Home,Wealth Creation,etc etc)
— Time Horizon (No of Years, Short Term, Long Term, Super Long Term)
— Your Risk Profile…. — This is most important that how much risk one should take. (One should not compare with others as 10000/- is too much for anybody while nothing for any other person)
Based upon your risk profile one should go ahead with Investments…
My small effort towards it creating a simple 10 Question which can tell which type of Risk Profile you have….