I am investing 1.5 lacs per year in my employer Company WeSop for the last 3 years as the company invests additional 75% of my investment in my account with 15% discounts. I have Zero knowledge on outside Market investments. Over and above my WeSop investment, Now i am planning to invest 15000 every Month, i have below queries please –
- please suggest how i can diversify my investments
- Which are some of the Top plans you suggest for all models
- who do i go to, to initiate these investments for me!!
Age – 32, Married with a 1 yr Son.
Financial Goals –
15 to 17th year returns of 50 lac after tax deductions (Child Education)
20th to 25th year returns of atleast 1 Cr after tax deductions. (Child Higher Studies + Marriage)
Thank you very much for your precious time on this. Look forward to partner with you in future.
WeSop will create a huge concentrated risk. Hence, whenever you are eligible to withdraw, then liquidate and move to mutual funds for a better diversification based on time horizon of the goals.
Regarding the funds and asset allocation of the debt to equity, refer my post.