As journalists, we are subject to irregular duty hours and busy with chasing stories after stories. As a result, most of our financials are in complete mess. We don’t have time to think for our future nor have a time to consult any financial planner. If one investsRs 5,000 per month in SIP for 30 years, it will convert to Rs 1.80 crore assuming a return of simple 12%. Sensex has given a CAGR return of 13% in last 30 years. Many of the journalists realise their mistake only when the time of retirement.
Mumbai Press Club with its objective of improving skill set amongst journalists and to empower them to make better & informed investing decisions is pleased to inform, that it would now be conducting a workshop on Investments.Noted financial planner- BalakrishnaVenkataramani, founder of Vensiva Financial solutions, will conduct the workshop on Friday November 18, between 2-5 pm in the Conference Hall of the Press Club.
Following points would be covered during the workshop :
1. Why is a contingency fund needed for a journalist
2. How much insurance cover do you need
3. Why should you systematically invest in Mutual funds
4. How early should you start
5. How to chalk out an investment plan
6. Planning your taxes
7. Goal based investments
8. Investments for your children
9. Retirement planning
10. Monitoring your investment
All are requested to make use of this workshop. For more details and suggestions, contact Amit Shanbaug @ 9820105099
Thanks & regards,
Mumbai Press Club