need advice for smart wealth creation at 37
I'm 37, and all my money's in FDs. Just realized that this isn't great against inflation. Was planning to invest in property but never did. I'm married, no kids, both in IT. Need advice for wealth creation now. Any tips would be very useful!
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
FD is fine I feel. Property and assets may also not beat inflation. I feel the whole wealth creation bit is flawed. If too many people become rich then inflation will make sure that isn't the case.
So simple and sanest advice is to diversify and then keep piling up in assets that work for you be it property, stocks, gold etc.
No FDs! Invest ,💯. Without timing the market just keep regular with SIPs and you'll create more wealth. If you are apprehensive of the market, consider debt funds or liquid funds...they perform the same as FDs without the lock in periods and high penalties
What do u wanna hear