Top Investments to Earn Money at Different Life Stages
Are you in your 20s looking to earn from a possibly low income? Or are you in your 30s or 40s looking to bolster your financial life further? Whatever life stage you may be at, you all need to maintain financial discipline to meet your life goals . The investment avenues may differ but not the financial discipline. With discipline, we mean regular investments in the best asset class. Let's check out the asset class you should look at different lifecycle stages. Factors That Dictate Your Investment Choice at Different Lifecycle Stages It boils down to your income, financial goals, risk appetite, family obligations and the investment horizon. The salary you receive is a big factor in deciding the extent of investment you can make across asset classes. Financial goals can be both short and long-term. Short-term goals can be like paying the school or college admission fee in a year, buying AC, fridge, iPhone or other consumer durables. Whereas long-term goals will likely be a wedding