5 Simple Steps to the Perfect Portfolio | MONEY – Time

The adage, ‘Money makes the world go round’, could not have been better suited than the  modern day need for financial security. With rising prices and an increasing need to maintain the desired standard of living, people find it extremely important to keep the wealth accumulating. But often they spend as much (if not more) as they earn. This is where the need to keep aside a sum becomes essential. With newer scientific inventions, advanced treatments and progressive thinking, humans have not only increased their life expectancy and the consequent need for good living for a longer time but have also designed ways to gather wealth faster and better. Thus, the boon in the form of investments came into light. From normal savings habits to multiplying wealth in no time, investments are important for all. (INVESTOR’S GUIDE)

Saving for the future is something which every responsible individual does, even if in a small scale. What people shy away from is investing to grow their wealth. Investing is a long-term financial plan that can yield rich dividends for individuals who invest for the right tenure with a goal in mind. But most people are unaware of the benefits of investing and choose to put away small amounts as savings instead. Yet with all good things there are those inevitable disadvantages of going wrong with sheer enthusiasm and lack of foresight. So for those people who have some funds and want to invest those funds into a variety of businesses, there are things one should do before taking the final decision. Performing investment analysis is essential before starting investing. For channeling funds into an investment, one will be able to successfully deliver a profit if one makes an investment analysis before taking investment decisions. In doing so, one has to analyze the various possible ways. Here are some pointers one would like to keep in mind. If you are one of them, read on. 


Planning your finance is the first step towards securing your hard-earned money. It also shows that you respect your own efforts and care for the people dependent on you. Reflect on your short-and long-term financial goals before getting your feet wet. Outline your plan and then, using the proper avenues (such as buying stocks, mutual funds or bonds, or even getting into real estate), stick to it. Getting in touch with a financial advisor is key-he will help you along with these important decisions. Of course, you should educate yourself about what you are getting into (i.e. through the internet), but having a professional as a guide can provide a nice, secure touch to your plan.


Well, for some life is all about taking risks and enjoying the thrills. But for many, it is dragging oneself out of the comfort zone. While risks do bear fruit, often the initial hiccup is unbearable for some. So test the water first. Preparing your mind is important too. Before investing, you should understand well the risks of loss that may occur on the money you invest. Knowing the risks will help you find solutions to minimize risk. Control and limitation of risks is one of the investment analysis needs to be done to avoid the endless money you invest.


Banks are the most conservative and safe place to invest. But finding a good, stable bank goes a long way in knowing the future of your finance. First and foremost, find a bank that suits your needs. This may sound elementary, but many of us settle for lesser services due to a lack of motivation to shop around for a prime institution. Setting up just one checking account for yourself is not enough-why not put some money into a savings account as well, where, instead of just sitting there, it grows a little thanks to interest rates(INVESTOR’S GUIDE)


Simply sit down a couple of times  a month and track where all your expenses are going. You will then be able to make proper adjustments so as to relieve the type of debt that can get your into real financial trouble. Money kept for aside for investing and fund that is required to run the household and tackle everyday expenses need to be demarcated. (INVESTOR’S GUIDE)


Before you invest, another important thing you need to do in investment analysis of the investment period is ongoing, is that you must know whether the type of investment that you follow include short-term investments, medium or long-term ones. By knowing the investment period, you will find out how long it will take to get you the refund as a result of these investments. (INVESTOR’S GUIDE)


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