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NEW DELHI: It’s never too late to start investing for your
child.
Keeping that in mind, there are couple of investment options, including mutual funds,
equities, gold and real estate, among others that can help you to accumulate a
decent corpus for your child in the long run.
If you have not yet started investing for your child’s future, go ahead and start it now,
as money needs to be compounded to multiply wealth over a period of time.
For instance, equities have delivered over 1,000 per cent return over the past 15
years. Those who waited for the right time to enter stock market might have missed
some gains during the period.
When asked about when should one start investing for a child, Dhirendra Kumar, CEO
of Value Research in a chat with ETNow said, “As early as possible in fact even before
the child is born because for such long term goals money needs to compound. If you
give time to your investment the magic of compounding will work.”
Kumar further advised that investing for the next 15-20 years, you have to go with
equity and investing in multicap funds is the simplest thing that you can do.
One can also start a systematic investment plan (SIP) for a child and increase the
amount if possible.
Kumar said, “Choose a multicap fund, this is the simplest way where you can
diversify and make sure that you are investing regularly.
While commenting on gold, Kunal Shah, Head of Research, Nirmal Bang Commodities
said, “It is the right time to start accumulating gold.”
Ahammed MP, Chairman, Malabar Gold & Diamonds said, “Geopolitical tensions
around the North Korean issue are supportive for the gold.”
https://economictimes.indiatimes.com/markets/stocks/news/childrens-day-special-when-to-start-inv
esting-for- your-childs-future/articleshow/61641485.cms
Vocabular
y:
Memory
:
Comprehensio
n:
1. How can you relate the topic of investing early to your company? What are its
pros and
cons
?
Analysi
s:
Synthesi
s:
1. How will you explain to a child that investing in an early age will benefit him/her
in the
future
?
Evaluatio
n:
1. Aside from the investment options provided above (mutual funds, equities, gold
and real estate) what other investment opportunities can you think of? What’s the
most effective in your opinion?