ALL >> Business >> View Article
Planning Your Life Goals With Mutual Funds
Total Articles: 6
If you decide to take a train to go to a specific place, don’t you study the route and the stops along the way, and finally alight at your destination? Similarly, investing for your future also requires such clarity.
‘Know your Destination’ in order to define what you need to get there. This first step, allows you to identify your financial needs and the amount you need to save and invest.
‘Plan your Journey’, as your goals may need a large investment. The second step is to discipline yourself to invest regularly, to work towards making your dreams a reality.
‘Be aware’ of your financial position; your ability to bear risks and by when you would like to reach your goal before making any commitments.
‘Choose the Right Path’ that helps meet your requirements. The investment vehicle is the difference between achieving and almost reaching your goals.
Every investment needs a purpose and a plan. A financial goal provides this purpose, based on which, you can plan and choose from a range of investment options according to your needs, ability to save and to take risks over a defined time horizon. You must make a decision only after knowing what you want and what you can afford to invest.
Every investment must be made keeping your goals in mind
Your goals may need serious money for which you must save regularly
Time and Risk
Always consider your investment horizon and ability to bear risks
You must choose a product that suits your needs
To understand the benefits of Mutual Funds and how investing may help you achieve your goals, visit www.icicipruamc.com/investcorrectly
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Business Articles1. Which Steps Are To Be Followed To Ensure Efficient Wastewater Recycling System
Author: Steve Cherng
2. Valhalla Mining Offers: What We Offer And Who We Are
3. Should I Invest In Bitcoin In 2017? Here’s What You Need To Know
4. Our Cryptocurrency Exchange And Bitcoin Mining Services Are The Best
5. How Does Cryptocurrency Ming And Bitcoin Mining Work?
6. Valhalla Mining - Service Overview, Technology, For Sellers, For Buyers The Benefits Of Cryptocurren
7. Can You Make Profit With Bitcoin And Cryptocurrency Mining? Is Bitcoin Mining And Cryptocurrency Min
8. A Beginners Guide To Cryptocurrency Mining: What Should You Know?
9. Popular Established Sites That Appreciate Bitcoins And Cryptocurrency Mining.
10. Disadvantages Of Cryptocurrency Mining
11. 4 Reasons Why Merchandising Plays An Important Role In Retail Sales
Author: Lily Alvin
12. Have You Ever Read About Digital Currency Mining?
13. Buying And Investing In Cryptocurrency
14. Elucidation Of Bitcoin Cloud Mining
15. Get Better Returns Than Stock Market And Real Estate Through Bitcoin Mining