Monday, June 21, 2021

How to be tax savvy in India by avoiding 5 common investment mistakes

 The most important part of investing is the currency model you choose. The market does not lack financial resources, but not all are aimed at all investors. The types of financial instruments that investors will use are very risky. Investment and return on investment This is where the asset mix provides an overview, as you can tailor your investment plan to different asset classes depending on the risk and the time remaining to achieve your goals. However, investors are unaware of the costs and face many difficulties in creating a good asset system, which can lead to an overload of wrong assets. Learn about the mistakes most people make when creating a proper asset system and how to avoid them. 

Investment


  1. Not analyzing the importance of asset consolidation. The economy moves in a cycle of ups and downs, affecting the returns on assets such as debt, stocks, gold and real estate. I am trapped under profit when you need money. The common road land combination allows you to divide your investment into asset classes based on risk assessment and financial objectives. 



    There are no financial goals: Clear goals are an essential part of a good investment. You need to check the appropriateness of your investment decisions by asking how this can help you achieve your goals. It only works when you are completely satisfied. 



    Not investing in the desired assets in the right proportions: The contents of the portfolio should reflect the value of the risk and should be classified according to the group of assets. Stability is known to allow for higher returns, especially for long-term investments. Therefore, if you do not invest properly, you may not be able to upgrade your portfolio. 



    Unrealistic Expectations of Returns: There is a limit to the number of returns you can get and the time it will take to build a corpse. It is incorrect to expect to put 1,000 rupees a month to build an upper limit of 1 crore in 20 years. 



    Change of assets on a regular basis: When investing in long-term goals, you should avoid short-term changes related to market changes. Many investors have stopped SIP in the bear market. Investors who fell without establishing SIP in the bear market were rich. Some people invest in real estate just because they are friends. They are stuck with the wrong assets and suffer from domestic debt.

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If you don't want to participate in a complicated system of deciding what's right for the real estate industry, you can follow a few fingerprint rules to determine the amount of different assets in your investment. Have an investment plan of your own. Your 100-year deduction is considered a good scale. Determine the risk of shares. Therefore, by the age of 30, 70% of the asset imbalance must occur. Most experts recommend keeping the appearance of gold below 10%, almost 5%. Loans and other assets. It changes over the years and you can keep changing your assets. 


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How to be tax savvy in India by avoiding 5 common investment mistakes

  The most important part of investing is the currency model you choose. The market does not lack financial resources, but not all are aimed...