The tests assign you points based on your answers which helps in knowing how much risk you can take.
For investing small amounts in equity, consider mutual funds; pick large-cap or diversified funds.
You need to estimate your usage, the cost of running the car and its resale value.
The allocation for the fiscal year that ends 31 March has been cut to Rs.950 crore from Rs.1,210 crore
Aggressive investors will stay away as they are not purely equity-linked.
More From financial planning
Fri, Jan 25 2013. 12 53 PM
Institutions and smart investors shift to direct plan; retail investors not yet enthused.
Thu, Jan 24 2013. 07 10 PM
If there is no short-term need but you want regular income, have equity exposure up to 40%.
Tue, Jan 22 2013. 01 24 AM
Import duty on gold raised to 6% from 4% in an effort reduce the widening current account deficit
Mon, Jan 21 2013. 08 20 PM
This is a premium which you are paying to ensure your financial plan runs smoothly.
Thu, Jan 17 2013. 07 52 PM
If you have medical insurance pay your premiums regularly.
Copyright © 2012 HT Media All Rights Reserved