Monday, August 1, 2022

Investment Vehicles for You!

“When money realizes that it is in good hands, it wants to stay and multiply in those hands.” 
Idowu Koyenikan

Hey guys so in my last post I had shared the factors you should take into consideration before making any investment.

Today let me share with you different types of Investment Vehicles where you can park your money and build a solid portfolio 😊
1️⃣ Savings Account
2️⃣ Fixed Deposits
3️⃣ Mutual Funds
4️⃣ Bonds
5️⃣ Stocks
6️⃣ Gold
7️⃣ Real Estate
8️⃣ Exchange Traded Funds
9️⃣ National Pension Scheme
🔟 Cryptocurrency
If you are a beginner and you are not completely aware of these Investment Vehicles, it is highly advisable to first understand where you are putting your money and apart from that it is highly advisable to take help from an Investment Advisor who has a proven record of doing well so that your money is safe.
Make sure your efforts should be towards growing your wealth and not eroding it so before investing make sure you are armed with the right knowledge, right tools and right people.
Take time to understand every aspect carefully and then plunge into investing.
Taking risks is not a big deal, anyone can do that but taking sensible risks is a very big deal and is highly rewarding too!
Also no offence, but don't try to be greedy and take shortcuts by investing in cheap stocks and not so good financial instruments to make quick gains.
Also don't put all your money in just one instrument.
Diversify and build a strong portfolio that can help you wither storms.
Don't indulge into emotional investing and be stuck to just one stock or any financial instrument just because it has worked for you initially.
Analyse and assess your portfolio rationally from time to time keeping in mind the market scenario and see how your portfolio is performing.
Make changes where necessary and cut your losses.
Be sensible, be wise, be patient and you will surely be rewarded 😊
Invest sensibly at every step and try not to lose focus from your goals.
Hope you found this helpful 😊
Happy Investing lovely people!

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