Date: 23^rd and 24^th December 2020

Mode and Link: Zoom – Meeting ID 9982814391

Conducted By:  Department of Commerce

Attended By: II Year B.Com (155 students)

Time: 10.00 am-12.00 pm

OBJECTIVE:

To provide awareness on investment pattern, saving and need for investment

A thought provoking session on “Financial Planning In Covid Times” was held on 23^rd December 2020 for students of II year Bcom A,B,C section. The resource person was Mohammed Ismail and his team.

The common rule that every investor should follow is to make sure that he should not put all his eggs in same basket (which means he needs to diversify his investment). It is important that one should put the strategy before the tactics, which means invest in the strategy.

HIGHLIGHTS OF THE SESSION

• Habit of investing
• Inflation
• Cash flow Management and investment decision

The introduction of the session emphasized on the difference between investment and savings. The   investor should know the basic difference to enhance wiser decision on the investment pattern.

Creating a financial plan can provide the foundation for investment success. The financial planning process can help define goals and figure out practical steps to get there one key foundation of successful investing is diversification (owning a variety of stocks, bonds and other assets), which can help control risk. Having an appropriate investment mix, giving a portfolio that delivers growth potential with a level of risk that makes sense for the situation, may make it easier to stick with the plan through the ups and downs of the market.

The resource person engaged the students through various puzzles relating to the investment decision in times of natural calamities and pandemic situations.

TIPS FOR INVESTMENT

• Draw a personal financial roadmap
• Evaluate your comfort zone in taking on risk
• Consider appropriate mix for investment

“If you buy things you don’t need, you will soon sell things you need.” By Warren Buffet

The session was interesting as it highlighted on the topics like inflation, risk and return relationship, importance of cash flow in investment decision, inflation adjusted return on fixed deposits and counter inflation on equity and debt

The session had witnessed enthusiastic participation from students. Numerous queries were entertained during the session

Conclusion: They gained familiarity through the awareness program on investment decision and its pattern