Investments at Age 30

Which Are the Best Investments at Age 30?

Many people ask me this question. In fact, many people have a false belief that for different age groups, there are different investment products. This is because the market is full of varieties of various financial products that which product to choose is itself a job.

But if you see any financial product available in the market than the underlying basics of any financial products are the same. Broadly any financial product is divided into 2 types – Equity & Debt (The other varieties are Gold, Real Estate & Art). Pension Plans, ULIPs, Mutual Funds, Insurance Products or any other financial product is basically of 2 types – Equity & Debt. But they give various names to it such as Growth, Capital Protection…etc.. But ultimately all of them revolves around Equity & Debt.

There is nothing like the best investment at age 30. Actually you have to invest according to your future financial goals and current financial position. No matter in which age group you are. Say for Example, usually at the age of 30, you are married and having children.

So You should invest in Insurance products, your retirement and your child’s Education & Future. You should maintain 2 accounts. One is for your Retirement and the other is for your child’s future. You can simply start SIP in some good equity diversified fund to achieve your financial goals.

So first of all ask your self that, Which are your Future Financial Goals and Invest accordingly…