Event Details:
CA Shubham Maloo began the seminar by extending a hearty welcome to all the attendees. The theme of the session is “Managing Finance in Your Twenties. ” Investment Opportunities, Entrepreneurial Skills, and Financial Literacy are among the subjects discussed in the program. Then he went through the investment secret: compound interest is quicker than simple interest. He began teaching about Investing Ideas, which are divided into three categories: assessing current financial conditions, setting financial goals, and budgeting for goal achievement. Debt, equity, and real assets are all viable investment possibilities. Equity is a high-risk investment with tremendous growth potential, yet it will quadruple your money in a year. There are three categories of equity investments: equity shares, ETFs, and Equity Oriented Mutual Funds. Provident Fund, National Pension Scheme, and Equity Linked Saving Scheme are some tax-saving investments (ELSS). Continuing from the previous topics, he discussed the criterion for picking a financial support (Cost, Return, Lock-in and Taxes). Shubham Maloo answers questions from various attendees during the questioning session. Mohammed Khalid gives the vote of thanks, which brings the session to a close. He thanked the speaker of the session and all the participants who gathered in the webinar session.
Participants: 110
Key Takeaways:
According to the event’s takeaways, CA Shubham Maloo provided the attendees with a variety of investment ideas and plans to help them arrange their finances as students. He went through the investment that has the potential for development as well as the risk considerations. Entrepreneurial skills and financial literacy were also highlighted.