Everyone saves for retirement and try to build up a financial portfolio as per their risk profile. However some times you may ignore or overlook certain asset class which might make a critical difference in your retirement portfolio. Read on to know how to build a balanced retirement portfolio.
In this article our guest contributor, Ramalingam K. Founder and Director of Holistic Investment Planners, demystifies the 5 most common myths associated with investing in Mutual Funds.
Our Instincts play a big role in our investment decisions. Often, these instincts are based on our perceptions rather than on information available to us. Today, we have far greater access to information through print, television and internet media, yet our minds are trapped in age old investment myths.
Many of us wish to increase our wealth exponentially and secure our financial position. We seek investments which has no risk and makes a lot of money for us. The challenge however, is to find such an investment avenue.
The Government of India 8 per cent Savings Bonds, 2003 (taxable) scheme is another instrument suitable for investors seeking returns that are fixed and assured. GOI Savings Bonds may not be terrific investment option if you are looking for capital appreciation or a substantial margin over inflation.
Small saving schemes are the most popular investment avenues among the general public. Safety, convenience, small investment and liquidity characterize these investments.
It is a well-known fact that one way of ensuring safe investments is to spread them out or over various instruments, securities, asset classes, locations and so on. In proverbial terms: Don’t put all your eggs in one basket!
Now that you are ready to invest for your retirement, it is important to understand where to invest. Each type of investment has distinct advantages and disadvantages, and because each tends to behave differently in different types of economic mood swings, any long-term investor’s portfolio should be broadly diversified.