HomeMutual FundsPlan investment for your kids (apple of your eye) with all types of fruits in the basket of investment and insurance
Plan investment for your kids (apple of your eye) with all types of fruits in the basket of investment and insurance
January 31, 2022
A good education and a decent life – perhaps every parent dreams of this for his beloved child. But this requires a lot of money to fulfil the dreams. For a long time, bank deposits remained the only way to accumulate. However, recent events have shown them to be unreliable.
Due to a lower rate of return on deposits, investors’ money simply depreciates. But digital technology has opened up new financial opportunities for people. What was previously available only to a select few, is now possible for everyone.
So how can you start investing in your child’s future with little money? You are lucky to have so many investment options available now a days for the children keeping in mind the need of the money at the time of their higher education, marriage and all.
You may contact the experts of RK Financial Services for the best investment options for kids like Mutual Funds in the form of Children Funds offered by many renowned companies OR you can start a SIP for your children which gives very good return in long term, as per the market trend/analysis in last many years.
The main thing is not the amount of investment, but a systematic approach. You can start with a very small amount, but you need to constantly replenish your investments.
But first, you need to choose a leading wealth management firm in Indiaand open an investment account. To choose such an organization, you can go to the Internet and see the best brokerage house in India. We, at RKFS, are providing all kind of financial and wealth management services.
If you are planning to invest for your children, there are plenty of investment options available in market like Child Education policy, different children funds offered by different organizations or you can start SIP (systematic investment plan) in the name of your kids so that once they need money for their higher education, you can make use of the invested SIP in their names.
When investing in children, there is a huge plus now a days. You can invest in stocks by analyzing the organization’s financial performance; invest in mutual funds, guaranteed return investment plans, bonds and much more.
However, according to the financial expert, when choosing, you must first of all look at the overall performance and growth of the companies. These are companies that are actively developing and invest all their profits not in dividends, but in their development.
For a long-term investment, look at growing companies. Keep your investment small but permanent. As a result, the child’s investment portfolio will grow with him or her. And therefore, by the age of majority, your beloved child will have not only decent capital, but also excellent financial experience.
In order not to lose all the money at once, you need to diversify your portfolio, that is, invest in different instruments. Ideal alignment: invest in mutual funds in India, stocks, SGBs (Sovereign Gold Bonds), SIPs (Systematic Investment Plans), gold investment schemes, best investment bonds in India, financial services protection scheme, and insurance plans.