Not too long ago, J. These guidelines are designed to help everyday people do more with their finances.
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Besides a job loss, a medical or a financial crisis, you can use it as a cushion to meet other unforeseen crises and short-term needs. As an individual investor, you need incentive to take risk. A health cover of Rs lakh is adequate for metro dwellers Rule to follow: Retrieved from " https: You have to evaluate your personal requirements and financial situation before devising a strategy to meet your goal.
120 Minus Your Age Investing Rule Of Thumb
Track Your Performance. Unfortunately, like much "common knowledge" often proved wrong as more information becomes available and as circumstances change, some of the most basic and widely accepted rules for retirement may actually be very wrong.