thoughts

Monday, September 17, 2018

About Wealth


How to ensure that you’re wealth does not go waste?

·        Keep all transactions clean and simple.

·        Do no overdo the diversification idea. There is no need to have a long list of investments, 20 to 30 products should serve the purpose for most investors, sell off those what is not working.

·        Take help by preparing a consolidated statement of your assets from a financial advisor for a fee.(you can negotiate)

·        Write a will indicating the beneficiaries and the executor. Validate it with two witnesses.

·        Unclaimed investors money is transferred to the investor education and protection fund....beware………….....Uma Shashikant 



Source: ET Wealth, 10-16 September, 2018


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