My age is 30. I invest Rs 3000 per month in recurring deposits, 3000 in PPF, 1000 in gold, 1000 in sbi emerging business fund, 2000 in SBI Magnum Equity Fund. I earn Rs 35,000 per month. Is my allocation right. What would you suggest? --- Sanjeev Kumar
A: Firstly you need to analyse the reason for your investment plan- typically retirement or wealth creation which are longer term goals ie 25-30 years ; home or expensive asset purchase which are medium term goals ..
