- Quick Decisions :
Delay and procrastination can result in many lost opportunities. Take your time to analyze and if you don’t understand then trust the professional (not your banker).
- Total risk management :
By securing adequate insurance for home, property, assets, health & life they make sure that their dependents are protected.
- Making a budget :
Ensuring that a fixed percentage goes to investment every month. Eg. 30% of monthly income.
- No impulsive expenses :
Wait… and if you really need it then buy it else avoid unnecessary action.
- Diversify Investments :
Follow this golden rule of investment always.
- Review Portfolio :
Monitoring is critical and spend 1-2 hours half yearly to do this.
- Take professional advice :
A little necessary expenditure here could be a life changing experience.