‘I don’t see real estate as an investment now’3 min read 30 Jul 2019, 10:54 PM IST
Gopalaswamy and Malini sold their house for the sake of asset allocation
While Gopalaswamy knew about mutual funds and had equity exposure, his investments also needed some fine tuning
Navi Mumbai-based Balaji Gopalaswamy, 41, a manager at a private firm, always thought he had his finances sorted. “I have been working for nearly 14 years, so I had some money saved up. I used to invest in mutual funds, periodically. I had also taken term insurance and steered clear of instruments that mix insurance and investments," said Gopalaswamy. He also had some money put away in fixed deposits and invested regularly in his Public Provident Fund account.