Where you should invest depends on what stage of life you are in and what your goals are. Below is a snapshot of the various life stages and where you can invest. Click on the profile that suits you the best and find out where you should be investing:

I am young, unmarried. Where do I invest?

This is the phase when you can take maximum risks with your investments as you have no dependents or, for that matter, even other financial responsibilities.

Married with young children, and expenses are rising?

You probably are planning to take a home loan soon and maybe already have a car loan. Given your income status, you are probably in a position to take risks even at this phase.

Only earning member in the family?

You are married with young children and your spouse is no longer working. Your expenses are rising and you may pile on credit card debts. Since you have only one income coming in, you should be cautious with your expenditure.

You are married with older children?

By now you should also have cleared off most of your major loans like your home loan. If your children are no longer dependent on you, you may consider closing term insurance policies and leaving only so much as your spouse would need.

Where to invest for retirement?

There are various reasons why retirement planning has become imperative today: longer life span, increased medical costs, inflation etc. Even so, there are just a few takers.

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