Investment Planning

Money has become one of the important necessity in our every day life. Investment and Its planning are widely used these days. The terms saving, inflation and Investment are important and have relation with each other. 

We are need financial planning required to start in your 20s immediately you find your first job. Some of the key things to be considered for the life time investment planning in your career that will be helping you and your family are as follows:

  1. Medical Insurance
  2. Personal Accident Insurance
  3. Home Insurance
  4. Critical Illness plan
  5. Children Future Planning
  6. Retirement Planning
  7. Senior Citizens Saving Scheme
  8. Asset Allocation
  9. Investing in Bank Deposits
  10. Flexi Deposits
  11. Investing in PPF (Public Provident Fund)
  12. Investing in NSC (National Saving Certificate)
  13. Post Office Monthly Income Scheme
  14. Investing in Mutual Funds
  15. National Pension Scheme
  16. Systematic Investment Plan (SIP)
  17. Investing in Annuity
  18. Investing in Shares
  19. Investing in Public Issued IPOs
  20. Investing in Gold and Silver
  21. Investing in ELSS
  22. Investing in Real Estates
  23. Investing in Infrastructure Bonds

All the above are common in all the countries and every person needs to plan their financial security. Apart from the monthly or annual investments, we need to save 6 to 12 months of your monthly income which will be called as “Emergency Funds” which can be utilised only in your tough times (considering multiple scenario's such as job, medical, inflation, children health and education, etc). This emergency funds are to be saved in 2-3 forms like Saving account, Liquid Cash, FFD (Flexible Fixed Deposit).

*Note: This article will be update further with more additional to make it more informative to the readers.


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