BENGALURU: Investors have a significant tendency to make wrong decisions at the wrong time. Depending on their behavioral aspects, they take a wrong path which lands them in a scenario with massive losses. If these minor aspects constantly monitored and improved, the future of their investment portfolio will definitely look brighter in terms of profit.

Getting into deeper insights, we present you with the wide range of pitfalls that should be avoided by every investor:

Waiting for Accumulation:

Instead of stepping forward with a minor amount, most investors wait for the accumulation of a larger amount for a long time. This is not considered as an efficient strategy and can lead them nowhere. Investing money regularly on assets is the best option available if they have a stable monthly income.

Ignoring the Significance of Setting Specific Goals

It is important to set desired goals before investing on an SIP or any other form of investment. If possible, it is always recommended to stay invested with the SIP and earn extra income overtime.

No Rise in the Amount of Investment with Increasing Income

As the income of an investor increases, increasing the investments side-by-side is of vital importance. This initiative will keep up with the pace of inflation, additionally increasing the standard of living.

Considering Past Achievements Too Much:

For investors, past performance of the equity markets may collide with the future returns. This makes an investor to blindly invest more than his level of risk. Similarly, when the past market performance were not up to the mark, the investors often tend to stay away from the market. Adopting an asset allocation-based strategy and performing a periodic portfolio re-balancing is always an innovative and productive course of action.

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