Any person should learn some financial lessons before he/she reaches the age of 30. This financially will be very useful to that person and will stick with them throughout their life. Some of the important lessons that should be mastered by them are as follows:-
The investment choices that an individual makes should be aligned to their risk profiles. The risk profile defines how much risk that particular investor is willing and able to take. This will determine his asset allocation. Risk Appetite is the willingness of an investor to take risk. The asset class and investment options selected should … Continue reading Risk Appetite v/s Risk Capacity v/s Risk Tolerance !!!
There are six stages: Young UnmarriedYoung MarriedMarried with young childrenMarried with older childrenPre-retirementRetirement
With some planning, you can provide your child the best education – the very best. Here’s the calculation that lets you understand what’s in store financially, to fund your child’s education that currently costs Rs.10,00,000. If the rate of inflation is 10.0% p.a. the cost of your child’s education when they turn 18 in 13 … Continue reading Children Education Planning