ICICIdirect Money Manager Magazine - October 2015

In this issue

How to achieve your financial goals


Investing is not always disciplined and can vary significantly in approach. Sometimes it is to save on taxes, sometimes it is to park surplus cash and sometimes to catch up with a trending investment. Our goals don’t necessarily define our investments. A global survey of investors conducted by France-based asset management firm Natixis shows that 57% of investors do not have clear financial goals, 67% do not have a financial plan in place to reach what goals they have, and 77% rely on gut instincts to make investment decisions. Investing without a defined plan and a disciplined approach often ends up off the track. When you invest based on your goals and with an appropriate plan, it provides you with more clarity and confidence into your financial journey. Here’s how to go about reaching your financial goals.