Allocating Assets In The Election Year

Making an investment decision is indeed a challenge given the uncertainties that prevails due to the ever-changing trends for different asset classes. But, then again each year, one has to plan  an investment, be it short,  medium or long term. According to Tanvi Kejriwal Goyal, MD, Wealth Aware, “An average employee’s one third of a day’s productive hours get wasted in financial worries. If we can create a robust road map to our future financial needs, then we would really start enjoying and living in the moment.” She puts forth the three step formula to wealth management. First, set a sensible target. Second, build a strategy to reach that target. Third, execute it and then review once every year. It is not so easy, especially in a year that will witness general election and possibly a fresh government by May. According to economists and market...