How to achieve a financial goal for 25 years. How to gather money for child's marriage or education.
0-5 years
Goals are far so invest aggressively.
Buy child plan to cover up your death. Buy term insurance.
Buy stocks and equity funds.
Buy gold or gold ETF.
6-8 years
Continue invest aggressively.
9-12 years
Time to take a balanced view.
Stop investing in equity fund and start investing in balanced fund.
Continue buying gold ETF.
13-16 Years
Goals are very near so be cautious.
gradually move your investment from equity to safer option like MIP or debt options.
18-21 Years
Invest in FDs on child's name.
Invest in MIP and debt options
21-25
Goal is reached.
Redeem Gold ETF.
Redeem your MIPs, debt funds, FDs.
0-5 years
Goals are far so invest aggressively.
Buy child plan to cover up your death. Buy term insurance.
Buy stocks and equity funds.
Buy gold or gold ETF.
6-8 years
Continue invest aggressively.
9-12 years
Time to take a balanced view.
Stop investing in equity fund and start investing in balanced fund.
Continue buying gold ETF.
13-16 Years
Goals are very near so be cautious.
gradually move your investment from equity to safer option like MIP or debt options.
18-21 Years
Invest in FDs on child's name.
Invest in MIP and debt options
21-25
Goal is reached.
Redeem Gold ETF.
Redeem your MIPs, debt funds, FDs.
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