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Presentation on Savings & Investment by Mr. Sushil Jain

Below are highlights from Mr. Sushil Jain’s presentation on Savings & Investments at CCRP’s Retirement & Financial Planning Seminar on July 15, 2010.

The current economic conditions brought on by the global recession have made it very difficult to save but with a little discipline, a lot can be achieved.

How To Increase Your Savings - controlling expenditure by adopting the following:

  • Reduce/eliminate debt such as credit cards, car loans and any other high interest loans
  • Adopt a lifestyle appropriate for your income
  • Reduce traveling
  • Reduce utility bills
  • Ensure timely payment of bills and debts to avoid penalty charges e.g. bank overdraft, utilities and mortgages etc.
  • Reduce eating out and buy seasonal produce
  • Shop around and compare prices and where possible buy wholesale
  • Reduce mortgage debt
  • Avoid showing off
  • Explore additional sources of income

What is Investment? - Investment is putting money to work. There are many investment options available

  • Fixed Income Investments such as Savings Accounts, Fixed Deposits, Money Market, Government Bonds, Insurance Policies, Preference Shares etc.
  • Equities – local as well as overseas
  • Mutual Funds – local and foreign mutual funds/ unit trusts
  • Exchange Traded Funds
  • Real Estate

The options for investment are many, therefore it is important to select the right ones and also to diversify funds.

Diversification of Funds can be done through the following:

Ø Country

Ø Currency

Ø Allocation of assets

Ø Use of several institutions

Ø Limiting of amounts for various assets and institutions

Beware of Unregistered Investment Schemes

  • These are difficult to ignore as they advertise attractive returns
  • They are recommended by friends and relatives
  • These schemes are dangerous because the returns are difficult to sustain over long periods and they eventually collapse with no recourse for the investor


Insurance is a necessary expense, try to include as many as you can, motor vehicle, life, property, medical insurance etc. Amount will depend on your ability to pay.


It is important to seek tax-free investments- examples of these are equities, pension funds, long term savings accounts and insurance policies.

Role Of An Investment Advisor

Everyone needs an investment advisor as the investment field is very complicated. Discussions and an understanding of investment options are important. It is also better to have a second opinion.

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