Why you must start investing Now?

April 25, 2012   ·   0 Comments

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While savings (in the form of gold and bank deposits) has often been considered a norm, irrespective of the amount one earns, the same approach is not there towards investing. At times, we tend to forget that as we grow older, it will be impossible for us to work and earn in the same way as before. With rising costs due to inflation, it does not make sense to stock up your idle resources. Instead, you can start earning from them right now and earn from every rupee that you make as an investment.

Http://stockssavvy.comWith higher life expectancy that is witnessed these days, it becomes even more essential for us to save appropriately for our old age needs and requirements.  There can be rising medical expenses and other responsibilities towards your kids that you have to take care of. Investing wisely from a long term perspective has thus become very important.  Besides, you can take advantage of investment plans in the markets that offer tax exemptions

Having a goal before investing is a prerequisite. Are you planning to buy a luxurious car in the next ten years or your retirement villa in the next fifteen years? With the results being measurable, you can keep a track of them and accordingly modify your plans.

It is common that one finds it increasingly difficult to invest in one’s middle age and has higher chances of being financially sound in the later stage of life. However, you need to invest early to reap more benefits. The sooner you start, the higher your benefits. Whether you are investing in Government bonds or stock markets, you will reap more benefits only when you extend the time period for investing. The returns begin to grow and allow you to earn more money thus strengthening your investments. This power of compounding is massive when you invest for a long period of time.

 

Things to bear in mind before investing:

  1. One needs to be patient and have adequate knowledge about stock markets before investing. The market is highly uncertain at times and you may be expected to wait to gain benefits.
  2. Start your investment plan soon and let your money work for you.
  3. You need to plan sensibly considering your future plans. Though it is recommended that you opt for long term plans, you can also invest in short term specifically based on your needs.
  4. Know the ropes and invest in the right investment plan. Try to play safe considering the risk factor that you will be prone to.

Trading in the stock markets directly sometimes has high risk propositions. Instead, you can pick on a long term plan and be assured of considerable gains.  Do not lose the shoe for the want of a nail.

Summary:

Investing is a must for all as it allows you to be financially sound even at the worst of your times. Investing at an early stage of your life on a long term basis can lead to maximum gains. Invest wisely and make way for a safe future.

 

About Kotak Securities:

Kotak Securities is one of India’s leading stock broking firm offering stock trading, mutual fund and IPO investing service’s  along with a research division specializing in Sectoral research and Company Specific Equity Research. Express your views on their Facebook Page and Twitter Handle (@KotakSecurities) or you can also browse through their various videos on YouTube and Slide Share.

 

Rajesh Singla

Rajesh is the founder & CEO of Stockssavvy, Stocks analyst,financial advisor by choice,software engineer by fate,biker,gamer,cricket lover n enthusiastic person. He believes in doing things not just to get by but to get Ahead...

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