Published: 12th Aug 2024
By: Value Research
The best time to invest was yesterday; the second best time is today. So, kickstart your investment journey right now!
Remember there is no one-size-fits-all investment class. Invest in products that align with your investment horizon and financial needs. This will also help you eliminate unwanted choices.
Remember this golden rule: If it's too good to be true, it probably is. If you have a short investment horizon, avoid investing in stocks and equity-oriented mutual funds. But don’t shy away from them if you are investing for the long-term.
Check how your investments have performed periodically and compare their performance to similar asset classes. However, do not invest based on daily price movements. Remember that investing is a marathon, not a 100-metre race.
There’s one final rule most beginner investors miss. To learn more, read the full story by clicking on the link below.