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How to plan your investments this festive season

You must break your investments into goal-based buckets

September 25, 2020 / 09:56 AM IST

Satyen Kothari

Every year, we make plans to host Diwali and Navratri festivities, celebrate new year’s eve with friends, family and often even strangers. This year, however, we will be a lot more focused on ensuring that our families do well, both health and wealth wise.

If anything, 2020 has made many wish they had planned their finances better. In this article, I am going to share my thoughts on what can have a positive impact on your finances.

This is as a good time as any to rethink and realign your finances. To do this, we must take a holistic view of investments. The aim is to invest for long-term wealth creation based on your risk level, time-horizon and financial goals. After all, each person has his/her unique dreams and financial needs that have to be met.