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Financial Pyramid

The document outlines a financial pyramid for effective financial planning. It recommends the following steps: 1) Focus on income protection through insurance policies like life and medical insurance. 2) Regular savings with capital protection using bank fixed deposits and guaranteed income plans to meet life goals. 3) Growth and diversification through equity stocks and mutual funds for higher returns. 4) Speculation only after the above steps using options trading, cryptocurrency, real estate, etc. 5) Wealth distribution and succession planning through estate planning and wills.

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prateek132106
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67 views

Financial Pyramid

The document outlines a financial pyramid for effective financial planning. It recommends the following steps: 1) Focus on income protection through insurance policies like life and medical insurance. 2) Regular savings with capital protection using bank fixed deposits and guaranteed income plans to meet life goals. 3) Growth and diversification through equity stocks and mutual funds for higher returns. 4) Speculation only after the above steps using options trading, cryptocurrency, real estate, etc. 5) Wealth distribution and succession planning through estate planning and wills.

Uploaded by

prateek132106
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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HOW TO DO

RIGHT
FINANCIAL
PLANNING
FINANCIAL PYRAMID

WEALTH BUILDING

SAVINGS

PROTECTION
5
1. PROTECTION OF INCOME
4 a. Life Insurance or Term Insurance
To protect your income and your
liabilities
3 b. Mediclaim Policy
For Hospitalization Expenses.
Min 10-15 Lakhs cover with
2 Family Floater

C. Critical Ilness and Phy. Dis


1 PROTECTION OF INCOME
Life Insurance, Mediclaim, Disability Insurance
Protection against any critical
Illness and physical disability
& Critical Iillness
due to any accident
FINANCIAL PYRAMID
for every individual
5
2. REGULAR SAVINGS WITH
4 PROTECTION OF CAPITAL
a. Bank FD or Liquid Funds
Min 6 - 12 months emergency
3 fund to meet any emergency
b. Guaranteed Income Plans

REGULAR SAVING WITH to fulfill our life goals like,


2 PROTECTION OF CAPITAL - Child Education
Bank FD, PPF, Guaranteed Income Plans - Child Marriage & Most Imp
- Retirement Pension or
1 PROTECTION Guaranteed income
Life Insurance, Mediclaim, Disability Insurance
& Critical Iillness

FINANCIAL PYRAMID
for every individual
5 3. GROWTH AND DIVERSIFICATION
a. Equity Stocks
4 b. Equity Mutual Funds (SIP)

3 GROWTH &
DIVERSIFICATION
Direct Equity, Mutual Funds

RISK FREE GROWTH /


2 PROTECTION OF CAPITAL
Bank FD, PPF, Guaranteed Income Plans

1 PROTECTION
Life Insurance, Mediclaim, Disability Insurance
& Critical Iillness

FINANCIAL PYRAMID
for every individual
5 4. SPECULATION
Investments in:

4 SPECULATION
Crypto Currency
Future & options
Future & Options, Trading,
Crypto, Real Estate Trading
3 GROWTH & Commodities
DIVERSIFICATION Forex
Direct Equity, Mutual Funds Intraday Trading
RISK FREE GROWTH / Real Estate
2 PROTECTION OF CAPITAL
Bank FD, PPF, Guaranteed Income Plans

1 PROTECTION
Life Insurance, Mediclaim, Disability Insurance
& Critical Iillness

FINANCIAL PYRAMID
for every individual
5 WEALTH
DISTRIBUTION
Succession
Planning
5. WEALTH DISTRIBUTION
4 SPECULATION
Estate Planning and
Future & Options, Trading, Succession Planning /
Crypto, Real Estate Will
3 GROWTH &
DIVERSIFICATION
Direct Equity, Mutual Funds

RISK FREE GROWTH /


2 PROTECTION OF CAPITAL
Bank FD, PPF, Guaranteed Income Plans

1 PROTECTION
Life Insurance, Mediclaim, Disability Insurance
& Critical Iillness

FINANCIAL PYRAMID
for every individual

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