|
|
|
2008-11-04 06:13:23
|
 |
Article by Dilip V Mohan |
 |
|
Are you someone who is worried about where to invest your hard-earned money? Do you need ideas for investing? If you ask me, I would suggest Mutual Funds - for they give better returns than banks and are considerably less risky than stocks. For investing in mutual funds, consider the following points:
1. The first point before investing is to clearly identify what you need. Is it big returns or safety? Is it regular payments or aggressive growth? And so on..first prioritize your need. If it is still not clear, then consider various factors around you.
a. If your age is somewhere between 18 and 35 then you should look to be more aggressive and go for growth and big returns (for you have a long career to earn money..so choose more risky options)
b. If you are over 50 years old, then you must look to secure your regular source of income, so you should look for safer investments that will ensure payments regularly.
c. If you lie between 35 and 50 then you should go for specific needs that depend on various situations (like your children's education, your various other needs like a new vehicle, new house etc.) around you.
2. Once you have identified what your investment should give you, look out for the plans that best suit your objective. For the youngsters, there are various funds like emerging market funds, small cap funds etc., and for people who are over 50 there are options that pay dividends regularly and those that invest in government securities only and for the others there are various schemes like tax savers, education supporters etc.
3. After you are through with the second step, you must decide on a portfolio (or a mutual fund that provides a similar portfolio) to invest your money in. You must be a little careful in this step and choose the best and the safe ones. You must make sure that the portfolio is in line with your objectives and will be able to cater to your needs all the time.
Once you have invested in the right fund, then you can reap the rewards from it. But the real catch lies on selecting the appropriate funds. To know more about choosing a mutual fund visit Investing in Mutual Funds and to know their basics visit How Mutual Funds Work.
|
| Specialized in: |
Mutual Funds
-
Investing Ideas
|
|
|
Related Articles |
|
Electronic stock trading online (Popularity:  ): When you trade online you must have a trading plan. It should include profit and loss targets. Losing trades are normal but trying to make up the money by placing more trades after you have hit you loss target is a huge mistake. This will keep traders from revenge trading and running their accounts into the ground on any losing day. The same is true when you have a winning ...
Stocks to Buy Before Inflation Hits (Popularity: ): As the economy is finally looking like it's emerging from the depths of one of the biggest recessions in a generation, there are other concerns many investors may now have. The government had to pump trillions of dollars into the economy to prevent a Depression from occurring. Because of this, inflation is all but a guarantee.Inflation is not always a bad thing. In fact, any growing economy will have and ...
Belt Hold Line (Popularity: ): The belt hold line is basically the white marubozu and black marubozu within the context of a trend. The bullish belt hold candle opens on the low of the day and closes near the high. This candle presents itself in a downtrend and is an early sign that there is a potential bullish reversal. Conversely the bearish belt candle opens at the high of the day and closes near the ...
Stock Brokers (Popularity: ): Oh! So you have heard about online trading. But are you aware of aviate experience of online brokerage. Well it's not your fault if it sounds only faintly familiar. Technology has ensured that one is well acquainted and familiar with traditions of increasing technology while other may be left totally ignorant over the scene. Let me clear this concept.Online brokerage is the amount charged from online traders to trade online ...
About Selling Call Options, Part 2 (Popularity: ): While buyers seek options with the lowest possible time value and with the stock's market value within reasonable proximity to striking price, sellers do the opposite. They seek calls with the highest possible time value and the largest possible gap between striking price of the option and market value of the stock.Tip: Time is the buyer's enemy, but the opposite is true for the seller. The seller makes a profit ...
|
|
Related Business |
|
Investment Ideas - WhatIfOptions (Popularity: ): One good investment ideas that can make you rich, investing in bonds, dividends, shares or mutual funds and world markets use our comprehensive strategies and tools based on technical or fundamental analysis.
Mutual Funds Manager (Popularity: ): Mutual Funds Manager provides an anonymous mutual fund portfolio manager; allows users to keep a record of their mutual funds transactions - purchase, sale, dividend and capital gains. Includes a transactions search feature.
Kotak Securities Ltd. (Popularity: ): Kotak Securities enables seamless investments in mutual funds in India and helps you invest in best mutual funds through its research. And to make this choice of choosing between which mutual funds
scheme to invest in,we offer you our exclusive mutual fund research.
UTI Mutual Funds India (Popularity: ): UTI Mutual Funds India is one of the top mutual fund companies provides various types of mutual funds like equity, balance and debt funds. Select the right equity mutual fund among various types of equity mutual fund which help to grow your money. UTI promises to be worthy or your trust and your money. With easy and convenient transactions, UTI online can be a good avenue to make your money ...
Insurance | Mutual Funds - Moneysuperbazaar (Popularity: ): Credit Card, Insurance, Loans, Mutual Funds, Fixed Deposits, MNC Bank and Investments information on moneysuperbazaar.com. Get your all financial solution about loan, insurance, mutual funds at one stop.
Fidelity mutual funds (Popularity: ): Weber Asset Management specializes in Fidelity mutual funds and we only use the funds that we believe can truly help our clients meet their long-term financial goals.
Mutual Fund Investor's Center (Popularity: ): Features daily pricing and performance information on more than 9,000 mutual funds plus daily news and educational information about fund investing.
Investrade Discount Securities (Popularity: ): Online investing: trade stocks, options, bonds, IRAs and mutual funds.
About.com: Mutual Funds (Popularity: ): Fund links and articles, tools, and a message board focusing specifically on mutual funds.
HighMark Funds (Popularity: ): Offers a range of mutual funds, from conservative money market funds to more aggressive growth funds.
|
|
|
Print article
Bookmark this page