DOs & DON'Ts BEFORE TAKING INVESTMENT DECISIONS
Hello Friends,
My this blog is related to tell you about the some DOs and DON'Ts need to know before taking any Investment Decisions.
DO s for Investment:
- First write your future plans on a piece of paper. Plans will change as per the change of need.
- Calculate your estimated amount for investment.
- Match the time and return on investment before savings with your need in future.
- Start with a small amount as per your capacity.
- Start making an Investment at an early stage of life.
- Diversify your investment like invest in different funds like Fixed Deposits, Gold, Property, Mutual Fund etc.
- Make your portfolio.
- Check your portfolio time to time and make necessary changes.
- Collect a proper knowledge before making any investment.
- Take an Help from a Financial Advisor and Tax Consultant before making any investment.
DON'Ts for Investment:
- Don't invest your money without making any plans.
- Don't wait for the particular stage of life like I will invest at the age of 35.
- Don't wait for the collection of biggest amount like I will invest when my salary will be Rs.25000.
- Don't invest all your saving amount in the same fund like all the amount in gold, all the amount in Fixed Deposit etc.
- Don't invest hastily.
- Don't make investment as per the estimation of others.
- Don't make your portfolio untouched.
- Don't make investment without getting enough knowledge.
- Don't invest without the help of experts.
I hope it will be helpful to you.
Thanks and Regards
Kulvinder Kaur
B.Com(H), MBA (Finance)
9871580806,8826566751
rightsteptoinvest@gmail.com
Comments
Post a Comment