Hi Manish,
First of all, Thank you very much for the work you have done..
I am a regular reader of Jago investor and read daily, almost everything that is posted on our forum (I said “our” because I feel that I am a part of Jago investor Family).
I have started to work towards my financial goals..thanks to you seriously for the push and I am extremely happy for the reason that I have started early.. I am 23 years old as of now
Iam going as per the checklist based on your priceless suggestion :
- Buy adequate Life insurance (Term) : Done, Bought Aegon Religare
- Health insurance : Confused!!! me and my parents are covered by my employer, so do I still need to buy??
- Emergency funds : Almost done, already created a corpus equivalent to my 4.5 months’ salary.
- Mobile and Internet Banking : Done
- Open PPF account : Done (Actually, already have one created by employer )
- Wealth Creation : Starting with SIP of INR. 7000.. but need your suggestion J, Starting with:
a. SBI magnum Income fund with SIP of INR.2000
b. For investing remaining INR.5000 confused between (A) SBI Dynamic Bond Fund (B) Kotak Gilt Investment Plan – Regular (G)
I need your valuable suggestion on Point no . 2 and 6 (b)..
Thanks a ton in advance.. keep rocking…