Most of you people know about the ‘Investment’ and hope some of you must be smart invester.
Yesterday I read one article and just wanted to summarize some of the points which I felt that could be useful for everybody.
Always believe in ‘Golden Rule’ of Investment:
§ Invest early
§ Invest regularly
§ Invest for long term and not short term.(It can vary person to person but try to focus on the fact that if you want to be part of long run then you have to invest for future.)
There are so many plans and options related with Investement.Before doing anykind of Investement ,please consider following points:
1. obtain written documents explaining the investment
2. read and understand such documents
3. verify the legitimacy of the investment
4. find out the costs and benefits associated with the investment
5. assess the risk-return profile of the investment
6. know the liquidity and safety aspects of the investment
7. ascertain if it is appropriate for your specific goals
8. compare these details with other investment opportunities available
9. examine if it fits in with other investments you are considering or you
have already made
10. deal only through an authorised intermediary
11. seek all clarifications about the intermediary and the investment
12. explore the options available to you if something were to go wrong,
and then, if satisfied, make the investment.
Nothing new I have mentioned in my current post,only I tried to summarize some important facts.Hope this will help you.
It will help you during your bad days.
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