Avoid these mistakes, plan your investments
Investments should be made in a planned and systematic manner to make the most of them
PPF is a good tax-saving investment per se, but if someone wants liquidity, it would not be the right option for them
New Delhi: Sumedha Roy, 28, takes great pride in the fact that she has been financially independent since she was 21. The software engineer gave private tuitions and took up freelance projects even when she was in college so that she wouldn’t have to rely on her parents for money. But Roy’s “financial independence" is incomplete. Although she brings home the money, Roy neglects to save it efficiently. Most of her investments are in tax-saving instruments, something that she has entrusted her father to do.