Hi Samrat, I am 59 year old govt servant, After retirement, i would like to be stock broking agent with some good investment online company. Please give your state forward opinion on my choice, and suggest the best way for future.

Ans: at this age i would suggest you to consolidate and place in reputed bank FD and STAY AWAY from stock trading, at your age stock trading is injurious to health and wealth both. Also would suggest you to visit a SEBI Registered Investment Adviser and get your entire portfolio checked once. Following is the link to find one in your local area, https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13

Ans: Considering your age and financial situation, it's crucial to prioritize capital preservation and generate a steady income. Here's some advice tailored to your needs:

Emergency Fund: Maintain a separate emergency fund equivalent to at least 6-12 months of expenses from your pension.

Investment: With 50,000 for trading, consider low-risk options like fixed deposits or Senior Citizen Savings Scheme (SCSS) offering higher interest rates and safety.

Regular Income: Invest a portion in Post Office Monthly Income Scheme (POMIS) or Pradhan Mantri Vaya Vandana Yojana (PMVVY) to generate regular monthly income.

Diversification: Don't put all your money in one place. Diversify across various low-risk options to reduce risk.

Avoid High-Risk Investments: Given your age and limited savings, avoid high-risk investments like equities or derivatives.

Consult a Financial Advisor: Consider consulting a financial advisor who specializes in retirement planning to create a personalized investment plan tailored to your needs and risk tolerance.

Remember, the goal is to preserve capital, generate regular income, and maintain financial security during retirement. Always prioritize safety and liquidity over high returns given your financial situation.

Ans: If you are retired then you have to only invest 10% of your income in stocks and that also investing and no trading.