need money advice
I’d like some advice. My brother and I are both young adults(<25) not gonna marry for at least 5-8 years , and we’ve recently started earning more than we’re used to(~3l/month). We don’t want to just waste it on random things, and we want to make sure we’re using it wisely — both to invest and to protect it for the future.
What would be some good first steps for people in our situation? Are there common mistakes we can avoid? we are conscious enough to not gamble anything but I am comparing buying gold and bitcoin
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Done listen to randos online.
Do not go for Bitcoin as of now, diversify your portfolio with mutual funds, equity, gold, etc. Learn about investing, follow yt channels like ankur warikoo, zero by zerodha and varsity. Zero channel has a lot of information for investing especially newbies. Bitcoin is too volatile