Should I save to buy a car or invest in equity?

To arrive at an outcome for your query, answer the following questions:

• Do you need a car?
• Do you want a car?

If you need a car, buy and use it. This is especially true in areas where travel through aggregators or public transport may be cumbersome and unviable.

If you want a car for reasons other than utility(like proving your arrival to the big club, etc.) then it can be best avoided. Aggregators and/or public transport (metro, train, etc.) are able to service your travel needs without much hassle then use the capital for making investments into financial instruments.

The journey of investment is rewarding despite being embellished with some ups and downs.

Hope this helps

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Happy Investing!!