This is something that is talked about quite often but still requires reminding time and again. It is only prudent that everyone starts saving and investing early on in his or her career. Investing in early years help you understand market dynamics as you have more time for your investments to fructify, and more energy to work harder if things do not go as expected. Hence, it is always a pleasure when a Lt or a Capt or a Flt Lt knocks our door to enquire about ‘investing’!
Mutual fund investments, especially through Systematic Investment Plans (SIPs), are the best way to start, maintain, and then scale-up your investments as you progress in your career. You will discover and get comfortable with the rise-fall-rise again, and so on of the markets while your corpus is still small. You will realise how a fall and rise in the markets is a part of the investing journey. Well, the key here is also to not panic and take hasty decisions but develop the investing discipline. This also has the potential to provide you with a regular income in times of need, or during retirement.
However, this article not merely about investing when you are young, but about the best way to get a regular income from investments.