Pressure on the world economy is mounting, and investors are
not getting the desired results or returns on their investment. Financial
products neither performing well nor meeting the expectation. Thus, it’s very
common for people to feel uncertain in the current financial market. Despite
economic slowdown is cyclic and it makes sense to relax your finances and tides
up the associated goals with your investment portfolio, in this kind of an
unstable market, else it could be a costly mistake. Have a look at the
following smart ways to handle or plan for such challenging times.
Opt for Small
Instalments
Investing in a highly volatile market could be risky. For
example, a lump sum amount of a 1.5 lakh is invested by you in any mutual fund
whose net asset value is Rs. 100, and by any chance if the market falls, then
your invested corpus amount will get negatively impacted. And if you have taken
any Personal Loan
to invest, then it will badly hit your finances further. So to make investments
in unsure market conditions, it’s better to fragment the corpus amount and
invest in small investments. For example, you can make a liquid fund of 1.5
lakh and opt for SWP i.e. systematic withdrawal plan by investing Rs. 10,000
every month over 12 months. This way you can smartly get the advantage of rupee
cost averaging, hence minimizing the impact of market volatility on your
investment.
Read more here: https://www.yelonow.com/financial-goals-personal-loan-tips
No comments:
Post a Comment