Jakarta, CNBC Indonesia – For many people, getting married is certainly an ideal that must be realized. But considering the cost of holding a wedding is not cheap, investing in advance can certainly be a solution.
CNBC Indonesia Financial Expert Robertus Adrianto Serin, CFP®, said that there are three investment criteria that can be used to collect wedding costs.
Curious? Here’s the discussion.
“When we enter into a high-risk investment, there is a risk of decreasing investment value that must be faced, which can delay or even cancel our wedding plans,” said Robertus in CNBC Indonesia Investime (4/9).
If you are planning a wedding within one to three years, the investment options to choose from are of course quite diverse. Starting from money market mutual funds, fixed income, deposits, or government securities (SBN).
Avoid investing in stocks, stock mutual funds, or mixed mutual funds where most of the portfolio is dominated by stocks.
Robertus added that when someone is preparing for a wedding, he will be faced with a number of expenses. Call it like paying a vendor down payment (DP), other payments, and so on.
For this reason, the investment instrument chosen must be liquid or easy to sell or liquidate at any time.
Mutual funds are certainly one of these choices, besides that, deposits from commercial banks can also be an option.
Returns above inflation
If you are planning a wedding in the next two or three years, there will be a significant increase in vendor costs, say the price of catering or food served.
Therefore, it is very important to choose instruments with significant returns.
Check! An easy way to know when your investment is 100% cash