16/04/2019
Good Morning......💐💐
The importance of long term investments:
1. Traditionally, We Indians are extremely good when it comes to savings but We are yet to improve being good investors....
2. We all earn money through different sources for our Living at the same time to lead a good standard of Life.
3. Making money is the most important aspect but even more important aspect is to invest money in the right instrument at the right time to achieve our financial goal.
4. Financial goals like Child's higher education, Retirement planning, Loan repayment before time, World tour, Wealth creation, Emergency planning need long term approach, tremendous patience & focussed attitude....
5. Good investment can be proved to be only good or better when it can beat inflation in tax efficient manner where in modern times Fixed deposits & post office savings will not serve the purpose...
6. Money also should be treated like a child to grow over period of time hence financial goals can be achieved well in time without creating liabilities....
7. Buying a Home is easy comparatively but repayment of Home loan has to be planned really well as We have to repay the intrest on loan along with it....
8. The same process goes for other financial goals hence it has to be for long term having wide perspective looking at it
9. In modern times, with lot of uncertainties are invariably form the part of our Professional career it is imperative to plan for long term to create back up though with small amount which will fetch good returns as well as reduce on unnecessary liabilities in the future
10. Remember, earlier the better is the famous saying similarly We need to understand the flip side which is longer the better.....!!!!!
Moral: . If, You don't plan well in time with long term investments horizon then sooner than later We are inviting definite trouble...
I am just a call away...To discuss it.....!!!!!