I’m 29 and currently have ₹70k in hand, and I’ll be getting another ₹1.5 lakh by month end. I already invest ₹15k/month in SIPs (Flexi Cap + Mid Cap). My MF portfolio is currently around -1.05%, which I’m not too worried about since it’s short term.
Now I’m confused about where to park this extra money:
• Buy some gold for safety?
• Start investing in US stocks for diversification?
• Put about 10% into Bitcoin for higher risk/reward?
Also, I’m investing ₹13k/month in a chit fund that matures this September, and I should receive roughly ₹5 lakhs from it.
Given my age and long-term horizon, what would you do in my situation? Go heavier into equities, diversify globally, add gold, or keep some cash?
Would love to hear how you guys would approach this. Thanks!