Stocks, cryptos, gold & debt: How to invest Rs 10 lakhs, BT Digital Diwali Survey reveals
Featured: Marc Despallieres, Chief Strategy & Trading Officer, Vantage
There is no ‘one-size-fits-all’ asset allocation, as it is incumbent on multiple factors such as age, income, liabilities and dependents. Risk appetite is crucial here
A majority of analysts who participated in BT Digital Diwali Survey said 40-70 per cent weightage could be assigned to stocks; they found 20-45 per cent allocation to debt as reasonable; gold could be assigned 5-15 weightage while investments in crypto, if at all, could be restricted to 5 per cent, they said.
To be sure, there is no ‘one size fits all’ asset allocation, as it is incumbent on multiple factors such as age, income, liabilities and dependents. Risk appetite is crucial here. The survey’s aim was to get a sense of which asset class analysts are bullish on.
Read the full article on Business Today.