Some tips for smart Investing
Debt Impact
- Posted:
4/2/2009
Our perents/ elders always tell us to start every thing with a prayer for more clear vision.
Stick to one advisor better undergo a financial planning, discuss your need, liabilities risk appetite etc. Based on advised asset allocation make a plan for investment. Make a benchmark to monitor performance of your assets.
Agressively monitor of performance means once in 6-12 months. Monitor in respect of your plan/ path. Dont try to out perform the market.
Dont permit to churn too often.
Basic understanding of asset class is necessary.
No one even you too dont work for cherity...
Maximum total real return for you .... count your own chicken... dont worry about the rest of the world.
Be responsible for your own mistakes.... while buying ULIP have you consulted with your investment advisor? No professional investment advisor will sugest you to buy ULIP for your insurance needs. Diffrentiate between advisors & agents.
Remain flexible & open minded about type of investments, collect informations from reliable sources, analyses with the help of advisor on the basis of return potential, cost & taxation. Dont biased for one aspect.
Every thing have a cost, dont you think PPF, Post office, banks, treditional insurance plans are doing for cherity.
So dear here we are.........
Happy investing.......
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