BASIC KNOWLEDGE FINANCIAL INVESTMENT PLANNING BY CHETAN SHAH
FINANCIAL PLANNING CAN BE DONE THROUGH VARIOUS BASKETS OR MIXTURE OF COMBINATION . SUCH AS
LIFE INSURANCE POLICY , STOCK MARKET , MUTUAL FUNDS , PPF , POSTAL SERVICES , REAL ESTATE , CRYPTO CURRENCY , FIX DEPOSITS ETC.
INVESTMENT DEPENDS UPON RISK APPETITE AND INVESTMENT AMOUNT OF THE INVESTOR ALONG WITH DURATION OF INVESTMENT.
HEALTH AND GENERAL INSURANCE IS ALSO 1 TYPE OF INVESTMENT.
THUMB RULE APPLIES FOR MOST OF THE INVESTORS.
LIFE INSURANCE POLICIES , PPF , FIX DEPOSIT , MUTUAL FUND , MEDICLAIM AND GENERAL INSURANCE FORMS THE BASIC BACKBONE OF INVESTMENT.
INVESTMENT BROADLY DIVIDED IN DEBT , EQUITY , LIQUID AND RISKY FUNDS.
FROM INSURANCE POINT OF VIEW ENDOWMENT , WHOLE LIFE , MONEY BACK , PENSION , ANNUITY , TERM INSURANCE CAN BE BOUGHT KEEPING IN MIND THE NEED OF INVESTMENT BE IT RETIREMENT , CHILD , OLD AGE , PERIODIC RETURNS , WEALTH CREATION PLANNING.