Diversify and Invest Wisely: A Couple’s Journey to Financial Success After Receiving Compensation

The individual in question is a 38-year-old couple who received compensation of 11-12 billion VND. They have been married for eight years and are the parents of two daughters born in 2010 and 2013. Their monthly family income exceeds 25 million VND, and they currently own two pieces of land, one being 1 hectare, in Binh Duong.

The couple works for a company and has no experience in business. When they received the large sum of money, they were unsure of how to make a profit other than depositing it in the bank for monthly savings interest. Seeking the guidance of a financial advisor, they decided to manage and utilize their funds properly to ensure their preservation and limit price slippage.

The financial advisor advised the individual to invest wisely and allocate their money appropriately to achieve success in their financial plan. They suggested diversifying their investment portfolio with real estate, stocks, bonds, fund certificates, etc. The consultant recommended allocating a certain percentage of the money to rental investment real estate, residential land with growth potential, and reserve funds based on individual circumstances.

If the family receives compensation due to planning, the financial advisor recommends investing in rental real estate for one to three years until the value of the land increases thanks to planning. Thorough research of the real estate market and area development is advised before making decisions. Personal financial planning is emphasized as a complex process but with understanding and careful planning can help achieve financial goals. Seeking advice from experienced professionals is crucial when making investment decisions.

In summary, experts recommend that individuals should diversify their investment portfolio if they receive compensation between 11-12 billion VND while waiting for an increase in land value if that is possible through planning.