Take a moment to think about the things you’d like out of life. Does your dream life include a house? Do you want to travel every year? Do you want your children to have quality higher education? Whatever your personal financial dreams are, chances are that they’ll require some preparation to get there.
A proper investment plan, allows you to identify your goals and structure investment decision accordingly.
People with an Investment plan worry less and save more.
Know where your money is going
Understand where the money will come from for your family’s evolving needs
Save money to realize your dreams
Prepare for different stages of your life
Plan for a comfortable retirement
Grow and accumulate wealth over time with due consideration to your risk and return criteria
Your investment objectives determine your investment strategy.
They help you to select the right investment products and the right mix of assets required, in order to meet your financial goals.
Deciding how and where to invest your money is one of the most important decisions you have to make. And depending on your investment goals, you might choose to invest in one product or a mix of investment products.
Knowing your investor profile will help you work out the kind of investments you should consider. There are various dimensions to your investment profile which are as follows:
| Investment Objective | What is your goal? |
| What is your goal? | How long will it take to achieve that goal? |
| Returns | What rate of return will help you achieve that goal? |
| Liquidity | Do you require immediate cash? |
| Risk | How much risk are you willing and able to take? |
| Financial Situation | What is your current level of wealth? |
Any good road map will tell you where you are and how best to get where you’re going. Your Financial Roadmap outlines your financial journey and helps you move towards your financial goals while being equipped with knowledge, clear direction, and confidence.
