SEARCHING FOR FINANCIAL PLANNIG

POSTED BY gaurav10510 ON February 13, 2012 11:16 am ONE COMMENT

NAME : GAURAV
AGE: 29 YEARS
STATUS: MARRIED
JOB: SALARIED
MONTHLY INCOME: 50,000/- INR
EXPENSES: 20,000/
WIFE INCOME: 10,000/-

TILL DATE INVESTMENTS:

TERM INSURANCE: 50 LACS
PF: DEDUCTED BY COMPANY
FRANKLIN TAX HIELD FUND: 60,000/ANNUAL
PPF: 20,000/ANUAL
FD: 70,000/ANNUAL

I am searching for better financial planning instruments.

I am also looking to buy some property, so my money should not be llocked into fund.

Kindly guide….

One reply on this article “SEARCHING FOR FINANCIAL PLANNIG”

  1. daksh.k.maheshwari@gmail.com says:

    hi gaurav,

    financial planning wihtout goals is like commercial plane with nowhere to arrive.

    secondly, property also has its own hassle- maintenance cost, selling is an issue (liquidity issue) and with property boom in the last 6-7years, metro areas have peaked out and new destination will also in the next 2year
    and in case of property u need to have Hotel taj planning to built beside ur’s for incredible returns 😉
    i.e. its more dependent on location nd returns r not sure as in like Funds

    suggest u to have set ur immediate requirements nd short nd long terms goal
    Renewing annual fd with 6 months gap will be helpfull for in-case of emergency situation and diversifying ur investments in bonds, share markets, ppf etc. as per risk will surely meet ur targets
    Investment is no rocket science bt u should choose investments which u understand and not what u heard the most.

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