Oaktree Financial Planning

What is Investment Planning? Investment planning is the process of determining one's financial objectives and turning them into a plan. The core of financial planning is investment planning. Identifying goals and objectives is the first step in investment planning. Then, we must balance those objectives with the financial resources at our disposal. There are numerous investment vehicles available today, with cash, shares, bonds, and real estate being the most popular. In order to achieve our aims and objectives, we can invest in these vehicles based on the funds we have available. Benefits of Investment Planning The importance and benefits of investment planning are stated below: •Family Security: Planning your investments is crucial for the security of your family. The family's investment will ensure the financial security of the other members even in the event that something was to happen to the working member. •Efficiently manage income: An investing plan can be used to effe...

How much life insurance is recommended for you? In India, it is customary to approach an insurance advisor who may steer you towards his preferred policy while possibly never calculating the "Human Life Value." He might conflate your need for insurance with that for investments, and he might give you some examples that look good in the short term but not in the long run. The most important thing to realize is to never combine investments and insurance. How can we determine "Human Life Value" then? An easy example will be used to demonstrate this. Mr. X’s Household expenses at today’s prices is 30,000 PM (Excluding Mr. X’s personal expenses and his Tax Liability) Mr. X have Home Loan of about Rs.60,00,000 (Current Value) Both have a child whose age is around 5 years and they need around Rs.20,00,000 in current terms for their child’s future education and marriage expenses Then in above case we need to calculate each value in today’s term till the life expectancy of M...