To become rich, diversification is more important. Investment should be in stocks, mutual funds, real estate and gold. You should have 20% to 40% of your investment in gold. Gold is considered as best safest investment in India. Gold is considered as investment, usable ornaments and emergency funds. Keep the emergency funds in gold and you can pledge the gold ...
In Personal finance and wealth creation, it is important to diversify the investment in multiple assets. Diversify in multiple hard assets such as Real estate, Gold, stocks and mutual funds. It would minimize the risk. Gold is best investment in India and you should invest at-least 10% of your investment in gold. If you have lump-sum, you can buy physical ...