{"id":780,"date":"2018-04-08T06:43:37","date_gmt":"2018-04-08T06:43:37","guid":{"rendered":"http:\/\/myassetsconsolidation.com\/investment-advisory\/?p=780"},"modified":"2018-04-08T06:43:37","modified_gmt":"2018-04-08T06:43:37","slug":"commodity-trading-is-not-everybodys-cup-of-tea","status":"publish","type":"post","link":"https:\/\/myassetsconsolidation.com\/blog\/commodity-trading-is-not-everybodys-cup-of-tea\/","title":{"rendered":"Commodity trading is not everybody\u2019s cup of tea"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-781\" src=\"http:\/\/myassetsconsolidation.com\/investment-advisory\/wp-content\/uploads\/2018\/04\/image-11-300x128.jpg\" alt=\"\" width=\"300\" height=\"128\" \/><\/p>\n<h3>I am 38 working, in a college, and my wife (33) is a school teacher. We have a six-month-old daughter. I live in Madurai and my parents live in our ancestral village. I have sold all my savings to close my business loan. My wife\u2019s salary may increase by\u00a0<span class=\"WebRupee\">\u20b9<\/span>10,000 in her new school job. Do let me know how to invest for future goals.<\/h3>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-782\" src=\"http:\/\/myassetsconsolidation.com\/investment-advisory\/wp-content\/uploads\/2018\/04\/image-1-1-222x300.jpg\" alt=\"\" width=\"222\" height=\"300\" \/><\/p>\n<p><strong>Commodity trading is not everybody\u2019s cup of tea<\/strong><\/p>\n<p>Be careful in future while doing spices business. Although you have lost all your savings, you can still meet all your goals. To reach your targets, you need to invest monthly a sum of\u00a0<span class=\"WebRupee\">\u20b9<\/span>\u00a032,900. Your wife\u2019s earnings from the new school will be helpful.<\/p>\n<p>Based on your current expenses, you need\u00a0<span class=\"WebRupee\">\u20b9<\/span>1.64 crore at 58, at the time of retirement. The investment should earn 1 per cent over and above the inflation to support you till you turn 85. Your EPF accumulation will be\u00a0<span class=\"WebRupee\">\u20b9<\/span>58.2 lakh if you continue to receive 8.5 per cent interest for your contribution. You will face a shortfall of\u00a0<span class=\"WebRupee\">\u20b9<\/span>1.04 crore. To meet the target you need to invest monthly a sum of\u00a0<span class=\"WebRupee\">\u20b9<\/span>12,200. Earmark the existing SIP investment as emergency fund.<\/p>\n<p>As your daughter grows, expense may increase, it can be met from your future earnings.<\/p>\n<p><em>The writer is an investment advisor and founder, myassetsconsolidation.com\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am 38 working, in a college, and my wife (33) is a school teacher. We have a six-month-old daughter.<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts\/780"}],"collection":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/comments?post=780"}],"version-history":[{"count":0,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/posts\/780\/revisions"}],"wp:attachment":[{"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/media?parent=780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/categories?post=780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/tags?post=780"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/myassetsconsolidation.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}