VR Logo

Week 44: Investing for your family

India is still a country where family takes precedence over individual. Yet most people think only of their own needs while investing. Others do plan for their family, but only for a few big needs - children’s education, marriage etc. This ignores a lot of hidden connections. If your parents have most of their savings in PPF and FDs, does it makes sense for you to follow suit? If your wife has faithfully bought gold every year, should you be holding gold as well? A well-diversified family portfolio can do a great deal better than disconnected individual portfolios. We tell you how, in the upcoming Money Hangout.

By Dhirendra Kumar  |   25-Aug-2017