Can Rs 500 SIP at 16 help build a future business fund? Expert share best investment strategy
Starting to invest at 16 is not common, but it can become a powerful head start for future financial goals. Many young investors today are choosing SIPs (Systematic Investment Plans) to build wealth slowly and steadily, even with an initial investment as small as Rs 500 a month.
In a recent query on ET Now’s The Money Show, 16-year-old Priya Keshwani shared that she wants to start her own business, and for that purpose, she wants to begin her investment right now with Rs 500.
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While many teenagers think about hobbies and entertainment, Priya is thinking about investing and entrepreneurship — a mindset that experts appreciated strongly.
