Charting An Investment Calendar

Investors should plan their investments on a continuous basis

The end of the financial year is the time when most of the assessees chalk out their investment plan. It is the wrong time to do so. It should be a continuous process and not a once-a-year exercise. Savvy investors constantly keep themselves abreast with the changes in the investment scenario and if warranted, suitably modify their plans immediately rather than wait for the year-end.

I am targeting those assessees who are planning to become savvy tomorrow without realising that tomorrow never comes.

To begin with, let us browse through some very basic principles of investment planning:

What is food for one may be poison for the other. Do not emulate others. Adopt a plan consistent with your income.

Optimise the after-tax and not before-tax returns. Do not be enamoured with the word