The article content is good.. as you have mentioned the most of the financial planner promote their products.
I need someone to give me second opinion ...with my own case.
I had been advised to invest in MF and also MF Insurance (SIP) for long term investments (considering period of 12 years)....want to know whether it is safe. I have already invested in equity based Mutual Funds.
I have one house in mumbai with no liabilities and would be interested to invest in one more house...under construction.
But the advisor informed me to not invest now considering the current hike in price and future prospects of mumbai property market not that lucrative..ideally to look out in Pune..but i have none in Pune to Guide.
Can someone advise me...whether i should invest in house or invest more in MF.
HEERU TEJWANI(currently pursuingICFP(PGDFP)MUMBAI AND CFP. If you have goals that u have to fulfill in a yr or two go for IPO'S. my experience i am talking of practical experience in the last one yr i mght have easily made 50% returns from IPO'S. Its a safe investment i agree short term though meaningful.
Financial planning, simply put is a process of meeting your life goals through the proper management of your finances. It helps you make advance provision for financial needs that will arise in the future. The objective of financial planning is to ensure that the right amount of money is available in the right hands at the right point in the future to achieve an individual's life goals.
So get your financial planning done now,and step on the road to financial freedom
It is really good to see such informative articles that make us aware of the facts and also inform smart moves that have long term impact on our finances. We will appreciate many such articles from Rediff team and with diverse views from many experts.Keep up the good work.
1.0 Choose a good mutual fund house 2.0 Choose a good scheme (preferably a diversified equity scheme) 3.0 Invest periodically (preferably montly) under SIP (Systematic Equity Plan) 4.0 It could be as small as Rs 5,000 per month 5.0 Have an investment horizon of atleast 5 years 6.0 Start investing early and make investment, a habit 7.0 You would accumulate unimaginable wealth at the end of 5 years. 8.0 The investment horizon of 5 years would take care of the market fluctuation and provide a very good return
Disciplined investment with a patience to hold on will provide a good wealth accumulation.
RE:Good Planning by Girls in India!!!
by Rajesh S on Feb 11, 2007 12:55 AM
Do agree that there are some girls acting in the manner you mentioned and guys made to suffer betrayal and the unfortunate consequences surrounding that.
Nevertheless, it is not correct to defame Indian girls and generalise it as "Good Planning by Girls in India!!!"
Good to let people know that there are such unfortunate things happening. But would suggest, it would have been nice if you had rephrased your caption into something else and would say "Finacial Planning" is certainly not the right topic for venting your anger.
Hi, I am interested in knowing a good s/w package for shares transaction tracking and computation of Income Tax liability. If any of you know a package pl do recommend. Also any online trading site that actually provides tax liability based on short term and long term share holding ? Pl suggest. Pl reach me on vkn67@rediffmail.com
