I AM OF 75 AGE, GIVE ME SAFE & BEST INVESTMENTS IN PRESENT DAYS

Ans:

1.TECHMAHENDRA 25NOS - Hold

2.MARICO 10 NOS - Hold

3.INDRAPRASTHA GAS 10NOS - Hold

4.INFY 10NOS - Hold

5.EXIDE 25NOS - Hold

6.GRANUELS 25NOS - Hold

7.ADANI GREEN 25 NOS- Exit

8.ITC 25 NOS - Hold

9.IRCTC 5NOS - Hold

10.AVENUE MARKET 3NOS - Hold

11.VODAFONE IDEA 100NOS - Exit

12.SOUTH INDIAN BANK 200NOS - Exit

13.TATA CHEMICALS 20NOS - Hold

14.SHOBHA 25NOS - Exit

PL ADVICE YOUR VIEWS

Ans: Hi At age 65 safest investment can be in 3 products , you can choose either

1) LIC jeevan akshay or LIC jeevan shanti to get income for life
2) Post Office Investments like KVP NSC term deposits
3) Bank FD done in any reputed bank

Ans: As you embark on this investment journey at 65, it's crucial to follow a systematic process to ensure your financial goals are met while considering your age and time horizon. Here's a general roadmap:

Define Your Goals: Clearly articulate your financial objectives for the next 5 years. Whether it's funding retirement expenses, leaving a legacy for your loved ones, or achieving a specific milestone, knowing your goals is the first step.
Assess Risk Tolerance: Understand your risk tolerance and investment preferences. At 65, capital preservation may be a priority, but some exposure to growth assets could still be beneficial.
Consult with a Certified Financial Planner: Seek guidance from a Certified Financial Planner who can assess your financial situation, goals, and risk tolerance. They can recommend suitable investment options tailored to your needs.
Choose Investment Avenues: Based on your goals and risk profile, select appropriate investment avenues such as mutual funds, fixed deposits, bonds, or a combination thereof.
Diversify Your Portfolio: Diversification is key to managing risk. Spread your investment across different asset classes and sectors to reduce vulnerability to market fluctuations.
Monitor and Review: Regularly monitor your investments and review their performance. Adjust your portfolio as needed to stay aligned with your goals and changing market conditions.
Stay Informed: Keep yourself informed about economic trends, market developments, and regulatory changes that may impact your investments.
By following these steps and seeking professional guidance, you can navigate the investment landscape with confidence, ensuring your financial objectives are met over the next 5 years. Remember, it's never too late to invest wisely and secure your financial future.