Hoshiarpur- The young generation should focus on savings as soon as they get a job and currently the future of investors is secure with mutual funds. This was said by Paramjit Singh Sachdeva, MD of Sachdeva Stocks, while addressing the students at Lyallpur Khalsa College Technical Campus. He said that when the youth get a job, initially most of them do not pay attention to savings and increase their expenses.
But after a few years, when they start paying attention to savings, life has changed due to marriage and children and much cannot be saved at this time. He said that therefore we give the message to the youth that before the expenses increase, they should save as much as possible by investing in mutual funds because when your expenses increase, the income from this fund will continue to make your life easier.
He further said that when your income starts, most of the youth spend their money on buying motorcycles, new cars, expensive phones, whereas after the income starts, some part of it should be invested in mutual funds and then after a few years when your mutual funds start generating income for you, then you should start spending.
Paramjit Sachdeva said that every youth wants to fulfill his hobbies and he should do so but for this, first of all, he should generate income from the market which is possible through mutual funds. On this occasion, a large number of students including Sukhbir Singh Chatha Director Academic Affairs KCL Group of Institutions, Dr. RS Deol Director, Dr. Inderpal Singh Dean Research, Kunal Verma Assistant Director, Dr. Tarunjit Singh, Relationship Manager Amandeep Kaur were present.