I am 33 years old. I am fairly new to investing and plan to invest in the following tools till my retirement
1. Stocks
2. Gold
3. Mutual Funds in India
4. Mutual Funds in abroad especially China
What is your recommendation of my allocation in percentage wise in the above aids, considering my risk appetite as moderate.
My current allocation is like this
Stocks - 15%
Gold - 15%
Mutual funds in India - 60 %
Foreign Mutual Fund - 10%
Is it ok to proceed with this allocation. Requesting your valuable suggestions
Thanks
Ramesh
1. Stocks
2. Gold
3. Mutual Funds in India
4. Mutual Funds in abroad especially China
What is your recommendation of my allocation in percentage wise in the above aids, considering my risk appetite as moderate.
My current allocation is like this
Stocks - 15%
Gold - 15%
Mutual funds in India - 60 %
Foreign Mutual Fund - 10%
Is it ok to proceed with this allocation. Requesting your valuable suggestions
Thanks
Ramesh