Striking A Fine Balance

CS Jayan K, 47 years, is a partner in SVJS & Associates, a leading Practising Company Secretary firm based in Kochi, Kerala. His wife Jayaprabha is a school teacher, while their son, Nandagopal (13), studies in the 7th Standard. He met Jimson David of Navion Wealth Solutions in 2007 when he had just started in the profession. The discussion before the investment was centred on a plan to help him achieve the major life goals and suitable asset allocation. He started with a small Systematic Investment Plan (SIP) amount and promised to increase it later on when his professional firm stabilises and his needs for reinvesting into his practice reduce. His initial investments were focused on higher equity allocation, as he could afford to go aggressive in his investment strategy being a young professional. He had the liberty of time in hand to adopt a long-term investment strategy....