How to invest your money intelligently - Here is some steps to remember!!

Are you an Intelligent Investor?

           

      Most of us are making money from job, business, or by any other ways. But only some of us are making earnings from the income by re-investing the a part of money  saved from the income to other investing areas like fixed bank deposits, in share market, in mutual funds, in gold, in land etc, etc.

   Off course you are saving the money from your income by cutting or reducing any of your needs and that money is even a very little in amount it has a great importance. Little coins are growing to huge amount. But this would happen only if you invest the money intelligently. 

      Most of the people fail to find a scheme to invest because we find the scheme from advertisements, executives, through friends etc and we have no thorough knowledge about it.

Let us think about investing your valuable money.

  

      Every scheme has its own risk. When the risk is more the chance of return is also more. There is no scheme in the world with 100% risk free. Close monitoring of the growth is necessary.

Investment is a process and it includes some important steps. They are

1. Define the objective of the Investment.

        You should have a clear idea about the purpose for which the investment is. This may for house, education of your children, marriage of daughter, or any other.

2. Select the Schemes

   Once you have defined the object, you can find out the best schemes to invest. Here you can seek the help of financial advisers, advertisements etc. and the they must be giving profit continuously and maximum risk free.

3. Analyze the schemes

   Once you have shortlisted some schemes, analyse the schemes thoroughly its track record of return for the past years.

4.  Construct portfolio

   Portfolio means creating a group of schemes of different nature to invest. It is not advisable to invest all the money to a single scheme. Because any wrong movement of the scheme reduce your return. Instead of that invest in different schemes, if one scheme running in loss, that loss may cover the profit from others.

5. Evaluate the Performance

    Like a plant to grow need fertilizer and water, your money is also need constant, regular evaluation. If the scheme is giving loss constantly do not hesitate to switch over to other schemes giving profit.

6. Revision of Portfolio

    If your selected portfolio have any defect on analyzing, change the portfolio. But constant changing is not advisable because every investment need proper time to grow. Be patient enough and reap a good return.  Good luck.