Today I Learned...
- Diversification and risk management are keys to long-term financial security.
- Two strategies, static and dynamic asset allocation, offer unique approaches to managing investment portfolios.
- As individuals age, the allocation of assets may need to be adjusted to align with changing financial goals.
n today's ever-evolving economic landscape, understanding the intricacies of financial planning is not just beneficial; it's essential for embracing a fulfilling and worry-free retirement. In our recent webinar with Franklin Templeton, “Asset Allocation Strategies for Financial Security ” led by financial planner Mr. S. Sridharan, outlines the four main asset classes—equity, fixed income, gold, and real assets—and explains how to effectively allocate assets across these categories based on an individual’s time horizon and risk appetite. He also discusses the importance of long-term planning and the dynamic approach to rebalancing portfolios based on evolving financial goals and milestones.
Mr. S. Sridharan is an esteemed financial professional with 15 years of experience as an Independent Financial Advisor (IFA). He has been honored with the title of ‘Associate Financial Planner’ in retirement planning and employee benefits from the Financial Planning Standards Board. A prolific writer, Sridharan contributes to renowned personal finance magazines like Moneycontrol.com, Financial Express, Times of India, UTI Swatantra, and Nanayam Vikatan.
Key Highlights from the Webinar:
📊 Long-term asset allocation strategies, emphasizing diversification and risk management, are crucial for financial security post 50.
🏡 Considerations for real estate as part of an overall asset allocation strategy
💰 The webinar advocates for a strategic asset allocation approach, stressing the importance of personalized financial strategies and consultation with independent advisers. The static strategy involves a “fill it, shut it, forget it” approach, while the dynamic strategy involves rebalancing portfolios based on certain milestones or achieving financial targets.
📈As individuals age, the percentage allocation of assets in different classes may need to be adjusted to align with changing risk tolerance and financial goals. It is essential to seek personalized advice when developing an asset allocation strategy.
In conclusion, Mr. Sharan recommends a strategic approach to asset allocation, tailored to individual needs and financial objectives. He acknowledges the potential impact of AI and digital platforms in financial planning but emphasizes the importance of personalized advice to address the unique requirements of each investor.
This webinar is brought to you by Franklin Templeton. For more such classes on investing, mutual funds, and more, download our app from Google Playstore or connect with our team on WhatsApp.
