With a corporate job in one of India’s busiest metropolis, I was and still am used to the fast life. It is all about working hard and partying to the small hours. And when I first ventured into investing, not surprisingly I went for liquidity and speed rather than time-bound investments. The Employee provident fund seemed like enough of safety to me and I invested all my disposable income on market-linked products with high risk and reward. I burnt my fingers in the recession that followed, but it was an experience that I needed to have. I lost a portion of my investments as the stock market crashed. But withdrew as much as I could and diversified it across different assets.
My investment in gold paid off quickly as rates soared for the next one and a half year, which recovered most of my losses. Since then I have invested in low-risk deposits and pension funds and in mutual funds of varied risk exposure. Investing is indeed not about putting all the eggs in the same basket.