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LONG TERM
FINANCIAL
PLAN FOR
CHILDS
EDUCATION
SHOULD BE
EQUITYHEAVY
Related Articles
WOMEN MUST
DECIDE HOW
AND WHERE
TO INVEST
ALLOW US TO
BUST MF
MYTHS
INSTEAD OF
FIRECRACKERS
IT'S SAFER TO
BALANCE A
CAR THAN A
BIKE
KEEP YOUR
HEAD OVER
THE WATER!
Related Videos
IMPORTANCE
OF HAVING A
In India, several surveys among parents have shown that securing a childs
future through good education, and then taking care of the expenses for the
childs marriage are among their top priorities.
Financial planners, advisors and fund house ocials say that just like every
parent is concerned about the health of the child since the time of his/her
birth, they should be as concerned about meeting the costs of the childs
education. Like they give the child various vaccines so that the child remains
healthy all his (/her) life, they should also put in place a good nancial plan
for the kid, so that he (/she) is protected well, said a top fund house ocial.
Since a child has several years ahead of him/her before he/she needs large
chunks of money (we are assuming large fund requirement for higher
education and then marriage), parents should look at systematic investment
plan (SIP) in equity funds for the same. In the long run, an SIP in a good
equity fund would create a corpus which is much larger than what a recurring
deposit, a xed deposit or an insurance plan can create.
FINANCIAL
ADVISOR
ACHIEVING
FINANCIAL
GOALS
THROUGH
SIPS
ACHIEVING A
FINANCIALLY
INDEPENDENT
RETIERED LIFE
USING MFS
RIGHTS OF MF
INVESTORS
HOW ONE
CAN REACH
FINANCIAL
GOALS IN A
TIME BOUND
MANNER
Related Podcast
Listen to
Vishal Vij's
discussion on
the
importance of
having a
nancial
planner
Listen to A K
Narayans
discussion on
the benets
of Systematic
Investment
Listen to
Amandeep
Chopra's
discussion on
n. planning
for Public
Service
Personnel,
20th-24th July
Tune-in to
hear
Aniruddha
Bose talk on
budgeting &
n. goal mngt.
for married
couples, 1-5
June
Listen to
Anup Bagchis
discussion
how to build a
road map to
achieve ones
nancial
freedom
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