Many of my friends usually ask me about investments, retirement planning, idea in buying a home and etc related to money… And they often called me as money KumarJ, stop stop its not mean I am always running behind money or so… but I will love to make money (of course by genuine way) in smart ways…
Ok let’s come to the topic, so in the last few days many of my friends asked me when I have to invest? Where I have to invest? How much amount I have to invest?
I have answered them some nice ways… here let me share with you as well
When I have to invest?
There is absolutely no good or bad time to invest for your future all time is good… But if you are the someone whom expects a short term returns then you have to be sure when you are making investment? Since every investment clause is having its own up and peak time… you have to be sure you are entering in to the wave while it is up and not down time. If you entered in the down time then you may have to wait patience for until the same to come up…
The amount of patience will be justified by one surplus money, If you have surplus money u might have wait for some time until your investment starts giving you good returns or else you may get out with loss
Where I have to invest?
There are different investment clauses are available in the investments based upon our objective (retirement, pension, child marriage, education, buy a home…) and the remaining available years for the objective will decide our investment clause. And of course your risk appetite also plays an important role in that
But the ground rule in investment is don’t put all your eggs in the same basket… Split your investments and enjoy its returns… by the way of splitting the investment the chances of loss is very less
Many of my friends done a mistake by investing all their money in shares (one single clause) which made them empty hands while the markets went down… And they all invested at a wrong time, when the market is high (peak in the history) they invested. They might have followed the gradual investments not aggressive investment
How much amount I have to invest?
It’s purely based upon your current liquidity. It may vary based upon your age and goals. But the thump rule is as I said earlier don’t put all your eggs in one single basket.
Keep some money for your current liquidity as well, during contingency times this fund could help you to get out the problem. That too for us (IT Guyz) we must reserve some money for our rainy days
In this area you guyz can ask about any investment doubts, I will truly try to answer my level best and willing to share the lessons what myself and my friends learned out of our investments
So keep in touch and post your queries
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