1) How much (or what percentage of total investment) should I invest in equities?
100 minus your age = investment in Equities
Example: Your age is 28. So 100 – 28 = 72 % of your investments can be in Equity, balance Debt investment.
2) How much of my monthly take home salary should I save?
Minimum of 15 to 20 % of your Monthly take home should be saved.
3) How much loan I can take?
Maximum 10 % of your monthly take home should be your monthly loan installment.
4) How much emergency cash should I have?
Minimum of 4 to 6 months expenses should be kept aside as emergency fund.
5) How much Insurance Coverage should I have?
Minimum of 5 to 10 times of your annual salary
Vikram AG
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