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GOAL BASED INVESTING Most people find themselves indulging in wishful thinking rather than rational thinking. In today's economic world, it is utterly important to think rationally and set goals that one aims to achieve financially. For example, one may aim to earn ₹5,00,000 by the end of a year, go on a trip to Europe or buy a certain car. It is easy to set a goal but it becomes difficult for one to achieve these goals. So, preparing a detailed investment plan of action becomes extremely necessary to achieve the same. Let’s hear it from the man himself, Nirav Karkera (Research Head at FISDOM) explains the SMART Framework of Goal based investing which is one of the soundest ways of planning your investments. Timeline: 0.00-0.25 - Introduction 0.25-1.33 - Goal vs Wish 1.33- 3.00 - Why should one have a Financial Goal? 3.00-3.28 - How to define a good Financial Goal using the SMART framework 3.28-3.58 - Specificity (S) 3.58-4.34 - Measurable (M) 4.34-5.11 - Achievability (A) 5.11-5.58 - Realistic (R) 5.58-6.36 - Time-Bound (T) 6.36-7.20 - Conclusion If you wish to learn more about Investing from Industry Experts like Nirav, please visit - https://www.valuationary.com/course/2 You can also follow Valuationary: Instagram: / valuationary LinkedIn: / valu. . #Finance #Goals #FinancialLiteracy #Fisdom #Valuationary #Bitofbrain #Financialindependence #Investing #Investors #Investing