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Aakash works for a financial advising firm. He must create a financial plan and come up with a list of securities in which hi
Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability compa
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To recommend investments to his client Aakash should first determine the risk profile of the client and the age of the client. If the client is young, single and is able to take a fairly high quantum of risk then Aakash should advise the client to invest majority of his investment pool in equity. A part of investments should be allocated for insurance (including health insurance). If the client is married and has dependents then the client should take a term policy to ensure financial protection for his family. This client should also invest a substantial portion in equities. For risk averse investors debt instruments will be recommend along with other options like fixed deposits, recurring deposits etc.

Aakash should also recommend, to all types of clients, to invest in real estate, bullion (if they have a preference for it), and government bonds. This again should be recommended as per the risk profile of the client. Aakash should make the recommendations as per the objective of the client as each client will have a different objective for investments.

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