Goal-based investment is an investment strategy that involves identifying specific financial goals and then investing in assets or financial instruments that are aligned with those goals.
The primary objective of goal-based investing is to achieve a specific financial goal, such as dream home, dream car, child’s education, retirement, foreign vacation, etc.
Each individual should have a goal-based investment policy. If used in accordance with your financial plan, it may help you save money, make investments, and ensure your financial security.
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