Hi,
I am not a good invester but last few years i tried to be. Can any investment Guru or expert have a look at my financial status and suggest me better to achieve my goal.
| Particular | Amount(Earn/Expense) |
| Income per month | 130000/Month and 22 laksh/Year |
| Expense per month | 30000 |
| Me and my wife working | Yes |
| PPF for me | 1 Lakh/year |
| PPF for My wife | 1 Lakh/year |
| EPF for me | 102000/Year and total as of now – 6 lakhs |
| EPF for my Wife | 30000/year and total as of now – 1 lakhs |
| Stock/shares | 2 lakhs and more more additions |
| Mutual funds | 60000/year total 2lakhs as of now |
| ULIP | 85000/Year total 4lakhs 25 Thousand as of now |
| LIC | 35000/year and last 5 years its on |
| Term plan | 1 Caror coverage. 10000/year |
| SBI accidental insurance | 4 Lakhs coverage. 100/year |
| Fixed deposit | 1 Lakh |
| Infrastructure bond | 20000 for 10 years taken on 2010 |
| Infrastructure bond | 20000 for 10 years taken on 2011 |
| Recurring deposite | 10000/Month |
| Cash in Bank | 6 Lakhs in hand |
| Property | 15 lakhs Land |
| Property | 3 lakhs land |
| Gold | 4 lakhs |
| Car | Owning a Car no Loan (7.5 Lakh worth) and no plan to buy another in future |
| Total Loan | NIL |
| Medical Insurance | 4 Lakhs coverage. No premium (paid by Employer) |
| Life cover by Employer | 40 lakhs |
| House | Living on rent |
| Two Wheeler | Have bought 1 using Cash |
| Family | Having 1 Son 3 months old |
Future plan: To buy one home for renting out (For investment )
To buy one home to live in.
Regards,
Niraj