10 things you must do in 2012
Loading ...1) Prepare a budget and find out where your money goes and the surplus available for investment.
2) Review your existing expenses, EMIs, insurance plans and investments.
3) Keep aside a sum equal to 6 month expenses including your EMI and Insurance premium as contingency fund.
4) Buy online term plan equal to 10 to 12 times of your annual income.
5) Take 3 lakhs individual health cover for each member of your family.
6) Define & priorities your financial goals.
7) Finalise your asset allocation and start investing.
8) Review your investment periodically.
9) Prepare a Will.
10) Take a professional advice from Certified Financial Planner, if you think it is not your cup of tea.
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Cards
Very Nice and Excellent tips for Everyone.
It’s a sin to be afraid of doing stock trading in volatile market conditions. Nifty trading offers good trading opportunity in all sorts of stock market conditions. Nifty traders can trade profitably in all market sentiments.
you have written to buy individual cover of 3 lakhs per person without specifying his/her earning capacity.
that is absurd.
a person earning 10000/- per month can not go for it.
you must specify that advice for persons earning 30000/- or more per month.
Commodity trading is gaining lot of popularity in India. MCX and NCDEX are most popular commodity exchanges of India. MCX and NCDEX both offers hi tech platform for commodity trading. Commodity trading should have clear picture like how they can earn money from ncdex or mcx trading and for that they need to track various listed commodities and should rely on research rather than speculation.
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