Times certainly have changed. Not only has there been an advent of plethora of opportunitiesfor the single investor, but it also has made him/her spoilt for choice. Robust macro – economicfundamentals and the attendant spurt in investing avenues are attracting a host of investors.The investors are a host much more knowledgeable today and are very much willing to go thatextra mile.
While inveting ,one should always keep the following points in mind.
One should always divide the overall investment portfolio into two parts.Long Term and Short term. The Long- term investments should be in accordance to yourfinancial goals and your short term investments should be actively managed andregularly re-balanced.2)
One should always take a systematic approach while investing to benefit from principleof diversification and compounding.3)
One should always diversify one’s portfolio and never concentrate all the investments inone asset class only.4)
One should invest according to one’s financial goals and not in an ad hoc manner.If you choose to get professional help, there two ways of going about it.You can choose an individual financial planner.
There are certain questions that one needs to keep inmind while making the choice-
Do you want to go a bank, which resembles a large establishment, where you mightget the confidence of getting associated with an institution, but would have tocompromise on getting personalized attention.
You can consider an Agent / company Advisor /Relationship Manger, but you are notsure ,whether that Agent/Advisor/Relationship Manger would remain in thatservice or not .Because he/she is dealing with that particular companies Investmentoption only. After he/she leaves problems might be occurs if he/she switches thatparticular company to another company.
You may also approach a specialized Professional financial Planner which is amixture of an all Institution ,Where you get a personalized professional attention for