Sunday, July 10, 2022

Factors To Be Considered Before Investing!


"An investment in knowledge pays the best interest." — Benjamin Franklin

Hey lovelies so last time I had shared with you all about why you need to invest. 

Today let's talk about what to consider before investing! 

There are certain things you need to think about and be clear about before taking a call on your investments.

First and foremost, what is the reason for making an investment.
What goals do you want to accomplish via those investment/investments.

Second you need to consider the time factor.
Be clear about the time horizon where you can hold your investment safely without taking any leverage.

Third factor you need to consider is the risk factor.
How much risk can you handle comfortably.

Fourth factor is diversification!
It is advisable to not put all your eggs in one basket and spread out your investments by investing in different investment vehicles.
Remember it is always healthy to diversify your investments so that if one investment tanks or is not doing that well your other investment/investments can support you to stand strong amidst chaos.
If markets go down, they come up again too. 
You should be prepared for both situations, hence diversification helps!

Hope you lovelies found this helpful 😊

Will be sharing more on investing so stay tuned!

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