ilmscore | Prediction Details
"For such goals, let's say your child's annual school fees. For such type of goals, how do you park your money? It should be parked in asset classes where you have absolute safety and where you have absolute liquidity. You should not think about returns in such cases. So, what is the best possible goal? It could be about investing in fixed deposits. Ideally, if you ask me, you should be investing this money in fixed deposits in nationalized banks"
By CA Rachana Phadke Ranade | December 20, 2024 | Pending
From video
Financial Planning for Single Parents (MUST WATCH) | CA Rachana Ranade 00:11:14 - 00:11:44
Interpreted Prediction
Short-term goals (under 1 year) like school fees should be invested in safe, liquid assets like fixed deposits in nationalized banks, prioritizing safety over returns.

Prediction Details

Topic
Short-Term Goal Investments

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