Hemant Rustagi of Wiseinvest Advisors advises investors on considering factors such as risk management and setting aside a corpus for emergencies before investing in the long term. He also warns about investing in insurance and requests investors to be very realistic about the returns they expect and then choose an appropriate insurance product.
Below is a verbatim transcript of the interview. Also watch the video. Q: I can invest Rs 5,000 per month and I want Rs 20 lakh in 10 years. How should I allocate that money?A: Lal Babu, because your objective here is to make a corpus, you have set a target of Rs 20 lakh, within 10 years
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