When one looks for an investment option, or when one starts to invest, one has a few things in mind. The choices people go for when thinking of investments depends mostly on personal nature, like
- risk averseness,
- family background,
- nature of individual , etc.
However, leaving these aside, there are some things investors need to know when they start to invest
Safety
How safe is the investment? Is it with any acclaimed group with previous history of assured returns? Is it in a Bank FD (most safe), is it with a Mutual Funds (relatively safe if one understands the risk factors). There are many fly by night operators offering schemes with hiuge returns. Be aware of those while investing. If a scheme seems too good to be true, it probably is based on falsehoods. it is always better to be safe than sorry while going for investments
Liquidity
Diversity
Diversity is very important for any kind of investment. Dont put your eggs in one basket is a maxim that should be adhered to always in investments. Last month’s debacle in the Debt markets proves a point. While these are uncertain times and anything can happen, its prudent to mix up you investments, mutual funds, stocks and bonds, FDs, gold bonds, real estate, rentals together in some combination are the acceptable methods of investments.
Here is one popular diversification strategy one can look at – green Investing
When you start investing be sure to ensure the above to have a healthy investment portfolio