Investment Expert Advises Focus on Income

Vivek Sharma, an investment expert, advises young professionals to focus on growing their income and career in the first decade rather than worrying about stock markets.

He suggests starting with three types of investments: a debt fund, a hybrid fund, and an equity fund.

The goal is to build the habit of saving and investing regularly.

After the first year, investors should assess their risk tolerance and adjust their asset allocation accordingly.

Sharma emphasizes that systematic investment plans (SIPs) are more important than market timing.

He also recommends annual portfolio rebalancing to maintain the desired asset allocation.

For those earning between Rs 50,000 and Rs 75,000 monthly, the investment mix should be based on their risk profile, which can be determined through a simple online survey.