Then I tell them these two people are Mr. Azim Premji and Mr. Amitabh Bachchan...do you guys want to change the answer please?"
Thumb rules do not always work. The amount of debt and equity that a person has in his or her portfolio is not just a function of a person's age, it is also a function of the total corpus, the ability to understand, the managerial ability, etc. So, a person who has retired at age 48 and thinks will live for another 40 years, has to have equity in his portfolio. There are many ways of looking at a retiree's portfolio!
Let us see what a retiree portfolio can and cannot do:
Must do:
● Outlive the owner of the portfolio and his spouse.
● Give comfort to the owner with a level of money that allows him to sleep.
Esta historia es de la edición December 02, 2024 de The New Indian Express.
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Esta historia es de la edición December 02, 2024 de The New Indian Express.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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What Makes Loans Against Gold Jewellery Hit Among Borrowers
A slew of factors led by the increasing financial distress of households, regulatory curbs on personal loans & rising prices of the yellow metal are driving the mkt
Retirement Planning & Portfolio Construction
know two people who are more than 70 years old. How much of their money should be in equities? "Sir, 100 years minus their age - so they should have about 30% of their portfolio in equities".
GET Massive fire in UP hospital, 10 newborns dead
TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.
**Massive fire in UP hospital, 10 newborns dead
TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.
Massive fire in UP hospital, 10 newborns dead
TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.
Massive fire in UP hospital, 10 newborns dead
TEN newborn babies died of burn injuries and suffocation after a massive fire broke out at the neo-natal intensive care unit (NICU) of Rani Laxmi Bai Medical College in Jhansi, Uttar Pradesh late on Friday night.
A Siva temple associated with a game of chess
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Xavier Samuel, Sonal Sehgal join hands for The Great Departure
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