{"id":223,"date":"2018-09-24T17:23:33","date_gmt":"2018-09-24T11:53:33","guid":{"rendered":"https:\/\/srinivesh.in\/blog\/?p=223"},"modified":"2019-01-09T12:11:15","modified_gmt":"2019-01-09T06:41:15","slug":"young-investors","status":"publish","type":"post","link":"https:\/\/srinivesh.co.in\/blog\/young-investors\/","title":{"rendered":"Young Investors &#8211; Do&#8217;s and Don&#8217;ts"},"content":{"rendered":"\r\n\r\n&nbsp;\r\n\r\n\r\n\r\n\r\n\r\nA thread in Quora asked for a list of worst financial mistakes that a person in 20&#8217;s can <a href=\"https:\/\/www.quora.com\/What-are-the-worst-financial-decisions-one-can-make-in-their-20-s\/answer\/SriNivesh\">make<\/a>. The brief answer lists 4 such mistakes. The source of the list is the classic article in <a href=\"http:\/\/www.jagoinvestor.com\/2015\/07\/investors-mistake-in-early-life.html?utm_campaign=newsletters&amp;utm_medium=email&amp;utm_source=wysija\">JagoInvestor<\/a>\r\n\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li>Buying products only for \u201csaving tax\u201d<\/li>\r\n \t<li>Waiting for the \u201cright time\u201d to invest<\/li>\r\n \t<li>Getting high on debt, early in life<\/li>\r\n \t<li>Over relying on relatives, friends and parents for your financial decisions<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n\r\nIn this short article we would look at how these mistakes get made and possible ways to avoid them.\r\n\r\n\r\n\r\n\r\n<table class=\"wp-block-table has-fixed-layout\">\r\n<tbody>\r\n<tr>\r\n<td>Errors<\/td>\r\n<td>Why they happen<\/td>\r\n<td>How to avoid<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Tax Saving Bias<\/td>\r\n<td>Focus on tax-savings without a proper plan<\/td>\r\n<td>Choose investments aligned to your plan\r\nFrom that, choose tax-saving options<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Market Timing<\/td>\r\n<td>Focusing on short term volatility\r\nIndecisiveness<\/td>\r\n<td>Develop a long horizon for investments\r\nIgnore short term volatility and build discipline in investing<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Excessive Debt<\/td>\r\n<td>Desire for immediate gratification\r\nAggressive selling of loan products<\/td>\r\n<td>Avoid loans for depreciating assets\r\nBuild up savings to purchase gadgets, take trips, etc<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Biased\/Incorrect advice<\/td>\r\n<td>Relying on &#8216;free&#8217; advice\r\nInability to detect bias in advice<\/td>\r\n<td>Don&#8217;t take advice from sellers\/agents\r\nInvest in professional advice<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\nRelated articles\r\n\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n \t<li><a href=\"https:\/\/srinivesh.co.in\/blog\/plan\/52\">Why does one need a Financial Plan<\/a><\/li>\r\n \t<li><a href=\"https:\/\/srinivesh.co.in\/blog\/adv\/137\">How does a financial advisor help you succeed?<\/a><\/li>\r\n \t<li><a href=\"https:\/\/srinivesh.co.in\/blog\/tax\/178\">Saving Tax \u2013 What Not To Do<\/a><\/li>\r\n \t<li><a href=\"https:\/\/srinivesh.co.in\/blog\/personal-finance-rule-2-pay-your-credit-card-bills-in-full\/\">Rule 2 &#8211; Pay your credit card bills in full, every month<\/a><\/li>\r\n<\/ul>\r\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; A thread in Quora asked for a list of worst financial mistakes that a person in 20&#8217;s can make. The brief answer lists 4 such mistakes. The source of the list is the classic article in JagoInvestor Buying products <a href=\"https:\/\/srinivesh.co.in\/blog\/young-investors\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-223","post","type-post","status-publish","format-standard","hentry","category-gen"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"S R Srinivasan\"\/>\n\t<meta name=\"keywords\" content=\"general\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/srinivesh.co.in\/blog\/young-investors\/\" \/>\n\t\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.3\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_GB\" \/>\n\t\t<meta property=\"og:site_name\" content=\"SriNivesh  - Opinions that you can trust! | Incisive articles baed on data and facts...\" \/>\n\t\t<meta property=\"og:type\" content=\"activity\" \/>\n\t\t<meta property=\"og:title\" content=\"Young Investors - Do&#039;s and Don&#039;ts | SriNivesh\" \/>\n\t\t<meta property=\"og:description\" content=\"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/srinivesh.co.in\/blog\/young-investors\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Young Investors - Do&#039;s and Don&#039;ts | SriNivesh\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#article\",\"name\":\"Young Investors - Do's and Don'ts | SriNivesh\",\"headline\":\"Young Investors &#8211; Do&#8217;s and Don&#8217;ts\",\"author\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/author\\\/srinivesh\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#organization\"},\"datePublished\":\"2018-09-24T17:23:33+05:30\",\"dateModified\":\"2019-01-09T12:11:15+05:30\",\"inLanguage\":\"en-GB\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#webpage\"},\"articleSection\":\"General\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/category\\\/gen\\\/#listItem\",\"name\":\"General\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/category\\\/gen\\\/#listItem\",\"position\":2,\"name\":\"General\",\"item\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/category\\\/gen\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#listItem\",\"name\":\"Young Investors &#8211; Do&#8217;s and Don&#8217;ts\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#listItem\",\"position\":3,\"name\":\"Young Investors &#8211; Do&#8217;s and Don&#8217;ts\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/category\\\/gen\\\/#listItem\",\"name\":\"General\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#organization\",\"name\":\"SriNivesh  - Advice you can trust!\",\"description\":\"Incisive articles baed on data and facts...\",\"url\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/author\\\/srinivesh\\\/#author\",\"url\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/author\\\/srinivesh\\\/\",\"name\":\"S R Srinivasan\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/48f01c48199010be0d23e286010a462209a9a6882243847e3a94863ac35b1426?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"S R Srinivasan\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#webpage\",\"url\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/\",\"name\":\"Young Investors - Do's and Don'ts | SriNivesh\",\"description\":\"Avoid these mistakes: Buying products only for \\u201csaving tax\\u201d Waiting for the \\u201cright time\\u201d to invest Getting high on debt, early in life\",\"inLanguage\":\"en-GB\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/young-investors\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/author\\\/srinivesh\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/author\\\/srinivesh\\\/#author\"},\"datePublished\":\"2018-09-24T17:23:33+05:30\",\"dateModified\":\"2019-01-09T12:11:15+05:30\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/\",\"name\":\"SriNivesh  - Opinions that you can trust!\",\"description\":\"Incisive articles baed on data and facts...\",\"inLanguage\":\"en-GB\",\"publisher\":{\"@id\":\"https:\\\/\\\/srinivesh.co.in\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Young Investors - Do's and Don'ts | SriNivesh","description":"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life","canonical_url":"https:\/\/srinivesh.co.in\/blog\/young-investors\/","robots":"max-image-preview:large","keywords":"general","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#article","name":"Young Investors - Do's and Don'ts | SriNivesh","headline":"Young Investors &#8211; Do&#8217;s and Don&#8217;ts","author":{"@id":"https:\/\/srinivesh.co.in\/blog\/author\/srinivesh\/#author"},"publisher":{"@id":"https:\/\/srinivesh.co.in\/blog\/#organization"},"datePublished":"2018-09-24T17:23:33+05:30","dateModified":"2019-01-09T12:11:15+05:30","inLanguage":"en-GB","mainEntityOfPage":{"@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#webpage"},"isPartOf":{"@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#webpage"},"articleSection":"General"},{"@type":"BreadcrumbList","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/#listItem","position":1,"name":"Home","item":"https:\/\/srinivesh.co.in\/blog\/","nextItem":{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/category\/gen\/#listItem","name":"General"}},{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/category\/gen\/#listItem","position":2,"name":"General","item":"https:\/\/srinivesh.co.in\/blog\/category\/gen\/","nextItem":{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#listItem","name":"Young Investors &#8211; Do&#8217;s and Don&#8217;ts"},"previousItem":{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#listItem","position":3,"name":"Young Investors &#8211; Do&#8217;s and Don&#8217;ts","previousItem":{"@type":"ListItem","@id":"https:\/\/srinivesh.co.in\/blog\/category\/gen\/#listItem","name":"General"}}]},{"@type":"Organization","@id":"https:\/\/srinivesh.co.in\/blog\/#organization","name":"SriNivesh  - Advice you can trust!","description":"Incisive articles baed on data and facts...","url":"https:\/\/srinivesh.co.in\/blog\/"},{"@type":"Person","@id":"https:\/\/srinivesh.co.in\/blog\/author\/srinivesh\/#author","url":"https:\/\/srinivesh.co.in\/blog\/author\/srinivesh\/","name":"S R Srinivasan","image":{"@type":"ImageObject","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/48f01c48199010be0d23e286010a462209a9a6882243847e3a94863ac35b1426?s=96&d=mm&r=g","width":96,"height":96,"caption":"S R Srinivasan"}},{"@type":"WebPage","@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#webpage","url":"https:\/\/srinivesh.co.in\/blog\/young-investors\/","name":"Young Investors - Do's and Don'ts | SriNivesh","description":"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life","inLanguage":"en-GB","isPartOf":{"@id":"https:\/\/srinivesh.co.in\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/srinivesh.co.in\/blog\/young-investors\/#breadcrumblist"},"author":{"@id":"https:\/\/srinivesh.co.in\/blog\/author\/srinivesh\/#author"},"creator":{"@id":"https:\/\/srinivesh.co.in\/blog\/author\/srinivesh\/#author"},"datePublished":"2018-09-24T17:23:33+05:30","dateModified":"2019-01-09T12:11:15+05:30"},{"@type":"WebSite","@id":"https:\/\/srinivesh.co.in\/blog\/#website","url":"https:\/\/srinivesh.co.in\/blog\/","name":"SriNivesh  - Opinions that you can trust!","description":"Incisive articles baed on data and facts...","inLanguage":"en-GB","publisher":{"@id":"https:\/\/srinivesh.co.in\/blog\/#organization"}}]},"og:locale":"en_GB","og:site_name":"SriNivesh  - Opinions that you can trust! | Incisive articles baed on data and facts...","og:type":"activity","og:title":"Young Investors - Do's and Don'ts | SriNivesh","og:description":"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life","og:url":"https:\/\/srinivesh.co.in\/blog\/young-investors\/","twitter:card":"summary","twitter:title":"Young Investors - Do's and Don'ts | SriNivesh","twitter:description":"Avoid these mistakes: Buying products only for \u201csaving tax\u201d Waiting for the \u201cright time\u201d to invest Getting high on debt, early in life"},"aioseo_meta_data":{"post_id":"223","title":"Young Investors - Do's and Don'ts | SriNivesh","description":"Avoid these mistakes: \r\nBuying products only for \u201csaving tax\u201d\r\nWaiting for the \u201cright time\u201d to invest\r\nGetting high on debt, early in life","keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":"","og_description":"","og_object_type":"activity","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":"","og_article_tags":"","twitter_use_og":false,"twitter_card":"summary","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"Article","isEnabled":true},"graphs":[]},"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2021-11-06 14:10:36","updated":"2025-08-13 04:43:24","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/srinivesh.co.in\/blog\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/srinivesh.co.in\/blog\/category\/gen\/\" title=\"General\">General<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tYoung Investors \u2013 Do\u2019s and Don\u2019ts\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/srinivesh.co.in\/blog\/"},{"label":"General","link":"https:\/\/srinivesh.co.in\/blog\/category\/gen\/"},{"label":"Young Investors &#8211; Do&#8217;s and Don&#8217;ts","link":"https:\/\/srinivesh.co.in\/blog\/young-investors\/"}],"_links":{"self":[{"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/posts\/223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/comments?post=223"}],"version-history":[{"count":4,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/posts\/223\/revisions"}],"predecessor-version":[{"id":425,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/posts\/223\/revisions\/425"}],"wp:attachment":[{"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/media?parent=223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/categories?post=223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srinivesh.co.in\/blog\/wp-json\/wp\/v2\/tags?post=223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}