Prajna Capital - An Investment Guide

Planners suggests a Financial plan for a youngster who has just started his career Any individual who has started working mostly will not have much financial dependency or commitments. But like all of he/she also will have own dreams and aspirations. There are multiple investment and saving options available to them. But the question they faces is, what would be the best instruments for them to invest in and what would be its allocations. Goals and aspirations Write down all your gloas both long tem and short term. Also the long term ambition. Analyse where you stand? Salary Cash in bank Investments Any other savings Analysis of the situation Make each of the goals and aspirations quantifiable Make them time bound Do not invest randomlyPrepare a good financial foundation RECOMMENDATIONS At this point one cannot focus on a full-fledged financial plan. But focus should be on building the core of his financial plan. The following are the measures one should take: •Define cash-flow: This...