Synopsis
Timely, disciplined money moves will accelerate your journey towards financial freedom. Bad Investment choices and lure of quick money will derail your finances quicker than you could imagine. Roll the dice and play this reimagined snakes and ladders board game for a fun take on the good, bad and ugly of money decisions
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Other Financial Moves to Pursue or avoid
What to do
1.Make a will to ensure smooth transfer of assets to heirs.
2.Ensure nominations are in place across all assets and investments.
3.Identify and work towards key financial goals to be achieved.
4.Review portfolio and rebalance as set allocation once every year.
What to avoid
1.Don’t pull all your eggs into one basket. Opt for diversified asset allocation across cosmetic and foreign equities,fixed Income, real estate and gold.
2.Don’t blindly chase top performers of past. Winner keep rotating(including asset classes, funds, sectors).
3.Don’t invest purely with intention to save taxes. Identify investments that suit your risk profile.
4.Don’t rely on tips from friends or relatives. Do your own due dligence.
