Best Answer

I am 35, and I think that the stupidest mistakes I did when I was 22-23 were passing over one-of-a-kind experiences because 5000 INR seemed like a lot of money back then.

It's important to realize that when you are 22, the amount you save now in a month, you will be spending a day 10 years later. So it's really not worth it.

In the table by Ching Ho (another answer here) 20% saved is 1lakh INR/year. You could fly all over the world for this money instead, and you would be 22 - very energetic and able to experience stuff.

In this world, you either have a lot of time or a lot of money. And when you are 22, you probably have a lot of time and some money. By 30, you will have a lot of money but no time to spend it.

You will have plenty of opportunities to save. Life is for enjoyment.

Where can i find low carb keto recipes? .... tinyurl . com/ enxp 39w2

Know that when you are 25 and 30 you will earn much more money than you earned when you were 22.

If you can save X/year when you are 22, but you can save 30X/year when you are 30, the compound growth you got on X is nothing. (in the best case it grew to 2-3X - which is what you can save in 1 month at 30).

Start saving when you have a real job and your earnings are not going to grow significantly soon. I would suggest at 25-26 years.

Where can i find low carb keto recipes? .... tinyurl . com/enxp39w2

User Avatar


Lvl 3
โˆ™ 2021-10-20 16:32:26
This answer is:
User Avatar
Study guides

Incident Command System (ICS)

20 cards

When would a multi agency coordination system be required

Which type of incident is typically handled within the first hour after resources arrive on scene and include vehicle fires and personal injuries

What is a factor that affects the control of an incident

Which type of incident requires multiple fire and patrol vehicles and is usually limited to one operational period

See all cards

Authors, Poets, and Playwrights

20 cards

Who wrote Uncle Toms cabin

Who was the leading spokesman for African-Americans during the realism period of American literature

What were other pen names of Samuel Langhorne Clemens

To which author is the term Gilded Age connected

See all cards

Authors, Poets, and Playwrights

20 cards

Is an ordinary employee in the board of directors considered as an executive director or non-executive director

What is the best hairstlye for blonde hair

What does loveliest of trees the cherry now mean

When was Jimmy Santiago Baca born

See all cards

Add your answer:

Earn +20 pts
Q: What type of investments we can do in early 20's?
Write your answer...
Related questions

Do you have to be born with schizophrenia?

No, Schizophrenia develops in late teens - early 20s for men and late 20s to early 30s in women

How old was camilla when she met Prince Charles?

she was in her early 20s

How old is newstar Danny?

In 2020 Danny is his his early 20s.

The fast-rising stock market of the early '20s was called .?

a bull market

How old was eve when she had her first child?

Eve was in her early 20s. She wasn't a baby when God sent her down to Earth, and she married Adam. She had to be in her 20s or so.

How old was Saint Sebastian when he died?

We do not know. However, Sebastian was still quite young, probably in his late 20s or early 30s when he died.Sebastian was probably in his 20s or early 30s when he died. We do not know for certain.

What is the life expectancy in South Central Los Angeles?

early 20s....

In Sailor Moon how old is darien?

Mamoru is in his early 20s in the anime.

How old are most of the Minnesota Vikings?

mid 20s-early 30s

How old was Andy in 'The Shawshank Redemption'?

He was in in early late 20s or early 30s when he first arrive at Shawshank Prison.

Is it normal for a young man in his early 20s to feel attracted to women in their late 20s or early 30s?

Yes, it is perfectly normal for younger men to be attracted to older women in their mid 20's to mid 30's.

What was Roald Dahl's first job?

He was a pilot in WWII in his early 20s, I think.

What was the nickname for the early 1920's?

The Roaring 20's The "Roaring 20s"

How old is tracey beaker?

She is called Dani Harmer & she is in her early 20s.

How old are young adult in sims 3?

they are in there early 20s

How old is Nike goddess of victory?

She is depicted as a young woman in her early 20s.

What age was Paul McCartney when he became vegetarian?

Late 20s early 30s

What famous composers did Beethoven meet in his early 20s?

Wolfgang Amadeus Mozart

Where is the best place to live in early 20s?

washington state,california or texas

The fast-rising stock market of the early '20s was called?

a bull market

What was Roald Dahl's first job?

He was a pilot in WWII in his early 20s, I think.

At early 20s which kind of food can increase penis size?

cant without surgery

How old will SpongeBob be in January?

Spongebob is probably in his early 20s. I am not quite sure though.

Is Mickey Avalon married?

Yes in his early 20s Avalon got married and had a daughter.

How old are all the guys in Metalocalypse supposed to be?

Probably around their mid-early 20s