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| Financial Planning |
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Financial planning involves a year round involvement of thorough study and calculations. Tax planning is done to save taxes by the way of investments in tax saving schemes. There are several investment options inline today and picking up the right choice is utmost difficult and cumbersome task. Proper investment planning involves individual needs and risk profile. It all comes down to various factors:-
- Demographic profile of an individual
- Needs of an individual
- Risk taking ability of an Individual - low, medium, high
- Returns on investments - short term or long terms
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