NEW DELHI : Investors generally have many questions in their minds such as "How should I invest?", "Where should I invest?", and "What should be my asset allocation strategy?".
It is therefore essential for them to have a financial plan ready before they start their investing journey. In an interview with Mint, Prateek Mehta, co-founder and chief business officer, Scripbox, said goal-based investing is a very good idea that can support your financial plan, as this provides you with a personalized structure to invest within a goal-based framework.
Excerpts from the interview:How does goal-based investing help investors?For your long-term goals, such as retirement or child’s education, asset allocation forms the bedrock of financial planning..