मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

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Breaking Away From Traditional Investments

Outlook Money

|

March 2019

Moving towards a diversified investment plan to reach desired goals.

- Pallav Bagaria

Breaking Away From Traditional Investments

Akheel Jain, 36, started his career with Adlabs Films Limited a couple of years back and is currently working at Samsung Electronics India Private Limited as an Area Manager in Sales, Guwahati, Assam. Brought up in a joint family, he is well aware of the fact that savings is followed and maintained as the traditional method of building wealth. He had always known that such orthodox method of savings will not be able to fulfill his desired goals.

With investments in fixed deposits and LICs, Jain acquired the understanding of the benefits of systematic investments from his cousin who used to work in a financial advisory firm in Bengaluru. “Savings should be started from a very early age,” despite believing in this policy, he regretted wasting the crucial time when it was supposed to be started. Jain shared his wish of educating his nine-year-old son, Mahit, in a well-known university and also taking retirement at the age of 60. While gathering information about his existing investments and wealth, he shared that he only owns a few fixed deposits and LICs availed by his father. He currently resides with his parents and siblings as a joint family in his own house.

Jain wanted us to show him the roadmap towards achieving his desired goal being – Mahit’s education and marriage along with the creation of his retirement corpus. He has mentioned that his annual income ranges between 25-30 lakh and can religiously follow the plan advised in building the corpus as wished for.

The direction to creating happiness

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