Financial Knowledge This Diwali Season – Indian Money
by indian money Financial advisors,Health insuranceDiwali
is most important festival in India. This festival gets its name from the rows
of clay lamps called ‘Deepa’ lit outside people’s homes to symbolize the defeat
of spiritual darkness with inner light. This festival is very important for
Hindus who celebrate it with fervor and festivity. Diwali
is now a National Festival celebrated by Indians regardless of faith.
Diwali
symbolizes the Victory of light over darkness, Good over
Evil and Knowledge over Ignorance. Diwali is the time to
enjoy delicious sweets, light bright lamps and have a sparkling celebration
with green crackers. There are no Indian Money complaints
since they provide unbiased reviews. Let us look at financial lessons they are
providing this Diwali season.
Financial Lessons this Diwali Season
1. Get a financial advisor this Diwali
You
may be good with money, but as per Indian Money review,
there’s no harm in getting a financial advisor. A financial advisor guides and
helps achieve financial goals. He is like a Doctor who helps you
get well soon.
2. Make a well balanced portfolio
Don’t
you clean the house and get clothes ironed and shoes polished well before
Diwali? Diwali 2018 is the time to get your portfolio rebalanced and ready for
anything as per Indian Money Bangalore.
You
must be familiar with asset allocation, which is dividing the investment across
asset categories. Asset allocation helps balance risk and reward by
apportioning portfolio assets to meet financial goals based on your risk
toleration and investment horizon.
3. Have Gold in your portfolio
Most
financial gurus like Indian Money CEO say you must have at
least 10% gold in your portfolio. If your portfolio is light on gold, make sure
to shore up it up with gold this Diwali 2018.
You
don’t need to buy gold coins or gold ornaments. Invest in gold Exchange-Traded
Funds popularly called Gold ETFs which represent physical gold in the
dematerialized form. Gold ETFs can be traded on the stock exchange just like
stocks. You don’t have the hassles of storing gold jewelry and there are no
making charges.
4. Have a SIP in equity mutual fund
Diwali
2018 is the time to take a SIP. As per Indian Money reviews, Systematic Investment
Plans called SIPs are a method of investing in equity mutual funds. You invest
small amounts regularly say once each day, week, fortnight or year, in an
equity mutual fund scheme.
Start
a SIP this Diwali 2018. According to C S Sudheer, Indian Money CEO,
the money invested in the equity mutual fund scheme can meet financial goals
like Children’s education, marriage and even retirement.
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Created on Nov 5th 2018 07:03. Viewed 653 times.