Top 5 factors on how to decide which Investment strategy is best for you.
It's always good to look at your current financial situation and plan for the future at an early stage.
Here's top 5 factors on how to decide which Investment strategy is best for you.
If you're young then you take higher risk and yield a higher active income in the long run.
Ask yourself what do you need to buy with the money you are investing?
Plan it based on long-term, short-term or mid-term investment and then decide.
If you have people financially depending on you then you have to take a lower risk investment that can be liquidated quickly
If you have a fixed income you can put aside investment on a monthly basis independent of the market's performance
Based on all these parameters you can know how can now decide how much risk can you take.
Keep in mind
Usually the higher risk you take the better the potential returns you get in the long-term.
Visual stories by Explore Dholera
Luxury Bungalow plots in Dholera
At only ₹ 12.5 Lacs
Top 5 heavenly places in India