Financial case study
Some informative case study regarding the financial and investment issues from various situation.
Case study 1: Start Working
General info
- Starts medical profession at the age of 32 years.
- Female
- Revenue around 250,000 THB/month.
- Status: single
- Has an investment experience from deposits.
- Monthly expense about 60,000 THB/month.
- Does not have an education project.
- Need to purchase a new car worth of approximately 1 million THB and a condominium worth of around 5 million THB within 2 years.
- Aims to have 10 million THB within 5 years.
- Has a medical welfare for 250,000 THB/year.
- Be able to take a less risky investment. (Conservative)
- Doesn't have current assets and liabilities yet.
- Enjoys traveling both domestic and abroad with the budget about 200,000 THB/year.
- Has parents to taking care of.
Key consideration
- Cash flow management
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- Cash flow management plan and the necessary liquidity and variable.
- Income tax management
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- Personal income tax management plan.
- Tax exemption Management and the financial products.
- Appropriately management of financial products such as LTF, RMF, insurance and annuity to make them conform to tax plan and financial goals.
- Short-term financial goals (up to 3 years).
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- Savings and investment plan for car and condominium purchase.
- Plans for bank loan for house and vehicle purchase.
- Medium-term financial goals (up to 10 years).
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- Savings and investment plans in financial products to reach 10 million THB.
- Long-term financial goals (over 10 years).
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- Savings and investment plans in financial products to meet retirement plan at the age of 50 years.
- Risk management (Long term life insurance and medical care)
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- Disability and lose of income insurance plans.
- Long-term private health plans.
Case study 2: Start Wealth
General info
- 41 years old medical profession.
- Male
- Revenue around 800,000 THB/month. It is the only income to the family.
- Married. 2 children aged 13 and 15 years. Plan an education plan for kids: bachelor's degree in Thailand and master's degree in United States of America.
- Has an investment experience in mutual funds and bank deposits.
- Monthly expense about 300,000 THB/month
- Has a house worth of 5 million THB.
- 1 million THB outstanding debt.
- Just bought 3 million THB worth of SUV car with cash.
- Has around 2 million THB cash.
- Investing in mutual fund 2 million THB.
- Moderate type of investor.
- Enjoys traveling both domestic and abroad with the budget about 300,000 THB/year.
- Has been considering kids' education plan and also retirement plan when reaches age of 55.
Key consideration
- Cash flow management
-
- Cash flow management plan and the necessary liquidity and variable.
- Income tax management
-
- Personal income tax management plan.
- Tax exemption Management and the financial products.
- Appropriately management of financial products such as LTF, RMF, insurance and annuity to make them conform to tax plan and financial goals.
- Short-term financial goals (up to 3 years).
-
- -
- Medium-term financial goals (up to 10 years).
-
- Education plan for both kids at United States of America.
- Long-term financial goals (over 10 years).
-
- Savings plans and investment in financial products to meet the retirement plan at the age of 55.
- Risk management (Long term life insurance and medical care)
-
- Disability and lose of income insurance plans.
- Long-term private health plans for the family.
Case study 3: Business Owner
General info
- Case study 3: Business Owner
- Male
- 45 years old.
- Sales approximately 2,000 million THB.
- Net profits from business approximately 40 million THB.
- Shareholders' equity of 80 million THB. And it is in 60 million THB cash.
- Maintains and run business with wife.
- Married. 1 kid (son) age of 6. Plan an education plan for kid: bachelor's degree in Thailand and master's degree in United Kingdom.
- Has an investment experience in mutual funds and bank deposits.
- Revenue around 250,000 THB/month.
- Monthly expense about 100,000 THB/month
- Has a house worth of 7 million THB.
- Has 200 million THB secured loan.
- Has 2 million THB personal cash.
- Investing in mutual fund 3 million THB.
- Moderate type of investor.
- Enjoys traveling both domestic and abroad with the budget about 150,000 THB/year.
- Has been considering kids' education plan and also retirement plan when reaches age of 55.
- Considering to separate private properties from company properties.
Key consideration
- Cash flow management
-
- Cash flow management plan and the necessary liquidity and variable.
- Income tax management
-
- Personal income tax management plan.
- Tax exemption Management and the financial products.
- Appropriately management of financial products such as LTF, RMF, insurance and annuity to make them conform to tax plan and financial goals.
- Short-term financial goals (up to 3 years).
-
- -
- Medium-term financial goals (up to 10 years).
-
- -
- Long-term financial goals (over 10 years).
-
- Kid's education plan at United Kingdom.
- Savings plans and investment in financial products to meet the retirement plan at the age of 55.
- Risk management (Long term life insurance and medical care)
-
- Disability and lose of income insurance plans.
- Long-term private health plans for the family.
-
- Debt and business protection plans.
- Business section and private assets management.