It's the dream of every parent to facilitate the
best possible upbringing for their children and
assure the best of future for them. As
a parent, the most obvious of your dream would
be to plan for your children in such a way that
all their future requirements are properly taken
care of and there is no running around at the
time when the actual requirement arises.
Funding for your children's education and wedding
is one of the valuable gifts you can give them
and it is possible for you to do it in the most
uncompromising way. This could be the best asset
parents can give to their children.
The best way to start is with a mix of savings
in government securities (like National Savings
Certificate and Public Provident Fund) and investments
in mutual funds and primary equity markets. While
the former will give you assured, though low,
returns that will multiply every year, the latter
will balance it out with a possibility of high
growth. The first strategy will help you reduce
your risks and the second will put you at higher
risks with a probability of higher returns.
Regardless of the method you choose, saving for
your child's education and wedding is like any
other investment. The sooner you sow these seeds
of savings and investments, better are the chances
of your money growing into a big enough tree to
provide for the future needs of your children.
If you have any
further questions, feel free to contact us at
91 33 24864513 / 4514 / 4471 or email us at firstname.lastname@example.org