InvestorQ : What are the financial or investment guidelines post lockdown?
sara Kunju made post

What are the financial or investment guidelines post lockdown?

Answer
user profile image
AR Kadam answered.
5 months ago


You need to follow investment /financial plan designed by your financial advisor

1. At least 6-12 months of household expenses in liquid and easily accessible asset class

2. Ensure Sufficient Personal Life Insurance Cover and Health Insurance Cover for self and Family. Pay your premium on time and ensure policies don't lapse.

3. Diversify your investments and allocate across the asset classes like Equity, Debt & Gold

4. Review & Re-balance your portfolio depending on your risk taking capability. Take control of your investments. Take this opportunity to convert your investments in electronic/online mode.

5. Switch investments for near term goals to safer asset class.

6. Take help of your financial advisor and avoid over exposure to any of the asset class