Money Guru: Top tips for investment tips from goal setting to asset allocation – details here!

In this edition of Money Guru, Swati raina speaks to Radhika Gupta, MD & CEO at Edelweiss AMC and Feroze Aziz, Deputy CEO at Anand Rathi Wealth Limited to tell viewers useful investment tips including asset allocation goal setting and much more

Ace investor Warren Buffets piece of advice to you Investors must not put all their investment in same asset class

In this edition of Money Guru, Zee Business News Anchor Swati Raina and host of this personal finance show speaks to Radhika Gupta, Managing Director and Chief Executive Officer at Edelweiss AMC and Feroze Aziz, Deputy CEO at Anand Rathi Wealth Limited to tell viewers useful investment tips including asset allocation goal setting and more.

Investment tips from experts

Experts in investment matters will teach how to invest

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Tips to make money from money

How to find the right funds

Valuable investment tips

First save and then spend

Investment principle of Warren Buffet

Strike a balance between savings and spending

Earning, saving and spending is the best way to manage your money

Prepare your budget and kee a tab on your expenses.

First save from your income nd then consider spending.

Ths mantra will prevent you from reckless spending

Investment besides savings

Only savings will not help you grow your money

It is important to invest money in the right instruments

Subtract your investment from income before spending

Always invest in long terms instrument which give high returns

Save some part of your saving must be set aside for emergency need.

Diversity in Portfolio

Ace investor Warren Buffets piece of advice to you

Investors must not put all their investment in same asset class

Never put all the money in same company or stocks

Put some part of your investment in gold, real estate,

Diversify your portfolio in different asset class

If one investment fails, some loss can be recovered through the other

Pick the right asset class

Pick the asset class based on your risk profile

There should be a right balance of debt and equity

The long terms returns from equity asset class is 12 per cent

Debt Mutual Fund has given estimated returns of 6 per cent

Allocate 10 per cent of the investment in gold

There are options of investing in Sovereign Gold Bonds

Gold ETF is another way of investing in Gold

One can invest in Silver through Silver ETF

Investment in Debt

Invest in debt for capital protection

Put investment in debt mutual funds for small duration

For near term goals, debt investments are right

Invest in fixe income and debt mutual funds

Goal Setting

Divide your goals into long term and short term

Investment decision should be based on risks involved and returns

For a duration of 4 years, the equity to debt ratio should be 80:20

For 3-5 years, it should be 70:30

Remain prepared for losses

Ace Investor Rakesh Jhunjhunwala’s investment philosophy

Markets give gains and losses

Be prepared for losses

Never stop investing due to fear of loss

Continue investment in all circumstances

Be ready for emergency

Create a fund for meeting eventualities for at least six months

Invest in liquid fund of Debt MF

You can keep a Bank Recurring deposit and Fixed deposit

It is important to have liquidity in emergency funds

Reviewing portfolio is a must

The philosophy of investing and forgetting could prove costly

Review your portfolio twice in an year

Review portfolio after every six months

Make changes if necessary

Invest in tax saving schemes

Important to save taxes while investing

Plan for your taxes

Tax benefits in schemes like ELSS, PPF.

Put some investment in tax saving schemes

Guard yourself through insurances

Always take term insurance

The insurance cover given with term plans are 20 times your annual salary

Buy a separate health insurance plan

Keep insurance and investment separate

Keep away from insurance schemes that appear as investment scheme

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