Most of us are working throughout our lives to earn money and fulfill our needs and wants.
It makes financial sense to define our “financial goals” and prepare a “savings and investment plan” to achieve them.
This “savings and investment plan” should be as per your risk profile, time to goal, amount available for investment.
You must meet a registered investment advisor OR Financial planner who will help you design a personalized plan.
Example of financial goals could be saving to buy a house, meeting children’s education expenses, starting your own business, marriage expenses and planning for retirement.
Let us understand the reasons why one should “Invest in equity markets to achieve financial goals”
Equity as an asset class is the most promising in the long-term and investing in equity through stocks and equity mutual funds is the recommended method to achieve long-term financial goals.
