Smart Investment Tips for 20 Year Olds
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Table of Contents
- Understanding the Power of Compounding
- Start With Financial Planning
- Create an Emergency Fund
- Start Saving Before Investing
- Understand Risk and Return
- Diversify Your Investments
- Start With SIPs
- Consider Retirement Planning
- Constantly Educate Yourself
- Review and Rebalance Regularly
- Conclusion: Investing in Your 20s – A Lifelong Advantage
Understanding the Power of Compounding
Start With Financial Planning
Create an Emergency Fund
Start Saving Before Investing
Understand Risk and Return
Diversify Your Investments
Start With SIPs
Consider Retirement Planning
Constantly Educate Yourself
Review and Rebalance Regularly
Conclusion: Investing in Your 20s – A Lifelong Advantage
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FAQs
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Disclaimer
ABSLI Nishchit Aayush Plan. This is a non-linked non-participating individual savings life insurance plan. UIN No 109N137V06
^ - Provided 0 year deferment & monthly income frequency is chosen at the time of inception of the policy.
~ Male- 25 yrs invests in ABSLI Nishchit Aayush Plan with Level Income + Lumpsum Benefit. He chooses premium payment term 10 yrs , policy term 40 years, benefit option -Long Term Income, Sum Assured 7 times of Annualized Premium and Deferment Period 0 years. Annualized Premium is ₹1,20,000 (Exclusive of GST.). Annual Income of ₹45,900 (45,900*40=18,36,000) + Maturity Benefit (₹16,80,000)= ₹35,16,000
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
ADV/2/23-24/3468
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