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Advice by Akhil Rathi, Head – Financial Advisory at 1 Finance

See, asset allocation plays a very important role because it ensures proper diversification and helps you manage risk across different market cycles. Right now, you are in the building phase of your career, so the first priority should be strengthening your financial base rather than thinking about FIRE. Your focus should be on wealth creation with a balanced mix of Equity, Debt, Real Estate and Commodities, and in the long run, Real Estate will also play an important role in your overall allocation. Review whether you plan to buy a house in the future or if you want to add REITs for stable income and diversification. Retirement planning should also be part of your strategy, so consider adding NPS for long-term g

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