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Check Your Financial Health
.
Do you have extra Income sources? How many Income sources?
Yes, I have 4 Income sources.
No, I have not any extra Income source.
Yes, I have 2 Income sources.
Yes, I have 3 Income sources.
.
How much do you save every month?
I am trying, but I failed to save.
below 10%
above 20%.
10% to 20%
.
Do you have sufficient sum insured medical insurance for yourself and your family?
Yes, I have medical insurance above Rs.6 lac & its coverup my all dependent.
No, I have not any medical insurance.
Yes, I have medical insurance but its below 3 lac.
Yes, i have medical insurance only for me.
.
Are you making provision for your children's higher education? How much fund?
Yes, I am saving for 4 to 5 lacs fund for child higher education.
Yes, I am saving for 10 to 15 lacs fund for child higher education.
No, I am not starting to save properly for child higher education.
Yes, I am saving for 6 to 8 lacs fund for child higher education.
.
Where you invest for tax saving?
Interest Paid on Housing Loan.
PPF.
Term Insurance, like LIC.
Mutual Funds and SIP.
.
where you already invested your major portion of wealth & tracking it regularly?
10% to 70% in real estate, 10% bank FD, 10% in Mutual Fund, 10% Gold & silver - but not tracking regularly
10% to 30% in real estate, 10 to 30% in equity, 10% Bank FD, 20% in Mutual Fund, 10% Gold & silver - & tracking regularly
10% to 50% in real estate, 10% Bank FD, 20% in Mutual Fund, 20% Gold & silver - but not tracking regularly
10% to 60% in real estate, 10% Bank FD, 30% in Mutual Fund, 10% Gold & silver - but not tracking regularly
.
How do you take investment decision?
According to Friend / Family / Colleague advise.
Internet & Self study.
Try & correct method
RIA - Registered Investment Advisor.
Submit
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