Thoda Saving Thoda Investment
The pandemic is given each of us a unique opportunity to revisit our financial planning, to do course correction & its execution.
In general, all of us get a tailor-made solution. Which is similar in composition for everyone.
It's true. Every individual has a different aspiration & that aspiration needs to be checked out & considered in planning. In financial planning, family plays a big role.
As normally we take the discussion on the basis of a short period.
Instead, if we take the life span of complete 100 years the planning becomes easy.
As at every step of life, the requirement is different & its goals to get deviated or changed altogether.
To foresee 100 years is not that feasible or it's very difficult.
Here we change our 100 years in parts by dividing them into 10 years each. So, adjustment & alignment can be done quickly & easily.
As our heading suggests " Thoda Saving & Thoda Investment" is the mantra that will make our realignment a reality without changing composition altogether.
The basic composition of our portfolio will be somewhat similar for the whole 100 years.
The only change will be goals & target amount. So, the instruments which are going to have opted for that situation.
" Saving & Investment" are two sides of a coin. Both are essential per completing the goal
.
Only going to saving will take more time & money.
The only investment is going to put more risk.
It is said that more the risk more reward.
But life is not for risk & reward. It is for good living & fulfilling all our aspirations.
Keeping all options in mind prior. Decision and achieving target is achieved as per schedule.
In general, all of us get a tailor-made solution. Which is similar in composition for everyone.
It's true. Every individual has a different aspiration & that aspiration needs to be checked out & considered in planning. In financial planning, family plays a big role.
As normally we take the discussion on the basis of a short period.
Instead, if we take the life span of complete 100 years the planning becomes easy.
As at every step of life, the requirement is different & its goals to get deviated or changed altogether.
To foresee 100 years is not that feasible or it's very difficult.
Here we change our 100 years in parts by dividing them into 10 years each. So, adjustment & alignment can be done quickly & easily.
As our heading suggests " Thoda Saving & Thoda Investment" is the mantra that will make our realignment a reality without changing composition altogether.
The basic composition of our portfolio will be somewhat similar for the whole 100 years.
The only change will be goals & target amount. So, the instruments which are going to have opted for that situation.
" Saving & Investment" are two sides of a coin. Both are essential per completing the goal
.
Only going to saving will take more time & money.
The only investment is going to put more risk.
It is said that more the risk more reward.
But life is not for risk & reward. It is for good living & fulfilling all our aspirations.
Keeping all options in mind prior. Decision and achieving target is achieved as per schedule.
Comments
Post a Comment