Choose Your Investment Portfolio Wisely; It’s Your Prized Asset!
It’s very crucial as an investor to have experience and skill set in investing as market status is unreliable and economy is uncertain in the prevailing scenario. The most shared investment trick that one can fall for is believing into that you can predict market jump in for the bull market and exit the bear market. One must have appropriate set of goals, save regularly, and monitor your progress periodically. Following are the steps that you can look while choosing your portfolios and you are likely to feel good about your portfolio in the long term. Keep a set appropriate set of goals Set some ground rules and be ready with a planner for your investment plans. Goals could be short or long term. Jot down your goals and review them once in a while to see your performance. To achieve your long-term goals, use long-term investments such as shares and bonds. Use safe and interest-bearing instruments for short-term goals. The Compounding Theory Early you start investin