Key To Financial Planning And Intelligent Investing

A recent discussion with Ghazal Jain, Fund Manager – Alternative Investments, Quantum Mutual Fund, as part of Outlook Money’s ‘Investment Made Easy’ webinar series threw some light on the strategy one should adopt for thoughtful financial planning. Jain was in conversation with Sutirtha Sanyal, Assistant Editor, Outlook Money. Here are some edited excerpts from the discussion: How would you define financial planning for thoughtful investors? Financial planning is a long-term strategy for intelligently managing your money so that you are able to accomplish your goals and objectives in life, while you navigate the ups and down that inevitably come at every stage of life. What would you define as the four-five stages of financial planning? The foremost would be having an emergency fund. This is a vital step and should never be taken for granted. Once this is taken...