Before I put together the review, I want to understand what the money is for and how you think about it. This takes about ten to fifteen minutes. Tap whatever fits. There are no wrong answers, and if a question does not apply, skip it.
Your answers come straight to me when you press the button at the bottom. If you close this halfway, it remembers where you were on this phone.
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First, so I know this is you
Just you, or you and Karan?
This shapes everything that follows, so I am asking it first.
1
How would you like me to plan?
2
Who makes the investment decisions today?
3
Would you be comfortable if Karan and I discuss your portfolio, and vice versa?
What is the money for?
4
Pick the goals that matter to you.
Tick as many as apply.
5
Of the goals you ticked, which three matter most? Rank them, with a rough year and amount if you can.
Guesses are fine.
6
When might you need to pull a large sum out of your investments?
7
If you stopped earning tomorrow, how many months of expenses do you have in cash or liquid funds?
How you feel about risk
8
Your portfolio falls 20% in three months. Nothing has changed about the companies or funds. What do you do?
9
Which of these describes you best?
10
How much investing have you done yourself, hands on?
11
How much time do you want to spend on your investments once things are set up?
Income and saving
Ranges are enough. I do not need exact numbers at this stage.
12
How stable is your income?
13
Roughly what share of your monthly income goes into savings and investments today?
14
Do you expect any big changes in the next two to three years?
Tick all that apply.
What you already have
15
The shares your dad transferred to you. What do you want done with them?
16
Are there any specific stocks in that portfolio you want to hold no matter what?
Sentimental reasons count.
17
Your mutual funds are currently serviced by another distributor. Who is it, and how do you feel about that relationship?
18
Going forward, your monthly SIPs. You would prefer to:
19
Do you have term life and health insurance in place?
20
The Unilever shares in your UK share plan (Computershare). Are they being reported in your Indian tax return?
Foreign assets have to be declared every year.
What you are open to
21
Beyond stocks and mutual funds, which of these would you consider?
Tick as many as apply. This does not commit you to anything.
22
Anything you do not want to invest in, ever?
Sectors, companies, products, whatever it is.
23
For direct stock investing, which appeals more?
The flat
Only what is needed to plan the capital gains piece. Approximate is fine.
24
Roughly how much is still to be paid to the builder, and over what period?
25
Is the flat in your name, joint with Karan, or someone else’s?
26
Do you have a CA I should coordinate with on this?
Last one
27
Is there anything about money that keeps you up at night, or that you have always wanted sorted but never got around to?
UJI Ventures LLP | AMFI Registered MFD | ARN-327030 | Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing.
0 of 27 answered
Thank you, Ritika.
Your answers have been recorded. I will get started on the review and come back to you with a date for the follow-up.
