Thinking where to invest? This is how you can diversify your portfolio

Investing money is not an easy task especially when you are a beginner. Business tycoon Warren Buffett had once said, "Wide diversification is only required when investors do not understand what they are doing."

Unlike earlier times, now a days the investors are flooded with various financial instruments where they can easily park their money. But, the question is "Where to invest?"

This totally depends on your financial goals and how much "risk" you are ready to take.

Here, we try to give you a glimpse of how you can allocate assets and where should you invest:

For instance, your age is in the range of 21-30 years and you are at early stage of your career. Considering that, you can presently, take "Medium" risk.

As investments should be for long-term and as you are a beginner, it would be advisable to take investment horizon for above 10 years. 

Indian's are big dreamers, but poor financial planners: Survey