Rinkuji,
Congrates you have crossed 100 posts.
My personal view is:
1. unless we are confident enough in our ability/ judgement/ knowledge about stocks and particlulary when we are taking it up as an additional acitivity along with our salary earning, one need to work on asset allocation seriously understanding the risk associated with the stock market and also the likely price we may have to pay for our lack of expertise.
2. i personally do not agree to put any money in share which is borrowed or which is likely to be required in next 3 years of time
3. having certain investments of risk free/ tax free nature like ppf, insurance is must.
4. if one is likely to use the house for own purpose, buying decent property (along with benefit of staying and enjoying it) is minimum real estate investment i would like to go for.
5. bying any depreciating assets like car etc (u may read Basantji's post some where of he using scooter and avoiding investment on depreciating asset like car) must be avoided or to be minimised
6. Gold etc required for minimum social reasons/obligations should be purchased.
7. health insurance is must if not covered by organisation
8. no purchase on credits/ credit cards and all required purchases based on cash on hand.
9. some amount to be available for immergency fall back.
After allocating all these, i would put rest of my salary in stocks.
Of course, this is my personal view, different ppl will have different perspective to the same issue.
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