Improve financial health through 10 commandments

By Mehrab Irani, General Manager - Investments, Tata Investment Corporation

The New Year 2012 is very soon approaching and we will be busy making different wows in order to improve our health, social and family life. Now, let us also make 10 commandments to improve our financial health through the year 2012 for our entire future lives. And at the end of it there is a brief view and outlook on different asset classes for the year 2012.

Commandment 1: Thou shall make a proper Asset Allocation Plan

Asset Allocation is the primary premise for investments. Long term statistical analysis has shown than 90% of our returns are due to proper asset allocation, 9% through stock selection ad 1% through market timing. While allocating assets, remember to allocate only that much funds to equities which you don

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