AN INVESTMENT IN KNOWLEDGE PAYS THE BEST INTEREST.
Hello Friends,
My this blog is related to tell you that How an investment in knowledge pays the best interest?
Knowledge is the skill which a person can acquire through experience or education whether theoretical or practical. It is a decision maker for a person who have the knowledge of his subject. He/She can take a right step if he/she has knowledge about the subject.
This statement of Benjamin Franklin is very true that:
"An investment in knowledge pays the best interest"
So let's explain in detail:
- Invest as per your need: It is most important for a person to get the knowledge of his/her need at the time of investment. Don't invest in any plan which will not helpful for you in future.
- Study on the Risk of the Investment: If you are ready to invest in a market plan which will depend on the market fluctuations then it is best to have a knowledge about the market risks which will effect your investment.
- Study your Portfolio: You must have a knowledge about your portfolio and what is included in it and it will help you for your better future.
- Diversify your Portfolio: It is very important to have a knowledge for diversifying of your portfolio means you have to invest a separate ratio of your investment in the different plans like 60:40 means in 60 % in Debt fund and 40% in market fund or you can change this ratio as per your risk taking factors and age.
- Plan for future: It is better to have a knowledge about your future needs and plan it accordingly.
I hope it will helpful to you.
Thanks and Regards
Kulvinder Kaur
B.Com(H), MBA(Finance)
9871580806, 8826566751
rightsteptoinvest@gmail.com
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