Don’t wait till death instead take action now. What I want to convey is start investing in the beginning of the financial year instead investing at fag end of the year.

In reality investing at fag end of the year is an unplanned investment which gives you short term benefit by way of saving in tax but in long-term it will fetch you loss only. Because investment without grass roots level research and planning will lead you to unnecessary blockage of your liquidity against a marginal benefit.

Invest not to save taxOne should off course think to save tax but this can be done well in advance. Planning beginning of the financial year not only allows you to think on every option available but most importantly allows you to choose a type of investment which not only saves your tax but take you to the path of destination called wealth.

Investment planning at the beginning of the financial year gives you flexibility by way of how much and where to invest. It not only saves your tax but help you to accumulate wealth in long-term.

So let’s start together and plan in advance about where and how much to invest now.

Have a wonderful Investment year ahead !!

Author Bio

Qualification: Student - CA/CS/CMA
Company: CA Rajendra Y. Padhye
Location: Mumbai, Maharashtra, IN
Member Since: 02 Mar 2019 | Total Posts: 13

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