7 Investing Lessons That Can Make You Rich


BANGALORE: In 2013, the investing landscape witnessed some outstanding developments driven by regulatory actions. There were many ups and downs last year, including introduction of direct plans in mutual funds, few new guidelines for health insurance along with some deep fall in debt funds. These small developments had a significant impact on finances and simultaneously, taught few new lessons to the investors. Forget the impact of the economy and macro factors in 2013 and as an investor try to avoid doing mistakes while investing in 2014.

Let’s have a look at the list of investment lessons you must know in 2014:

1. Try to invest in global funds: Global funds provide more global opportunities for

Federal Reserve in 2014 has announced that they have decided to trim the purchases of bonds by $10 billion as reported in Finance Post. This decision by Federal Reserve is likely to improve the condition of the value of Indian rupee. Though 2014 is unpredictable, it can be a volatile year for Indian rupee, so, it is better to invest in assets that are dominated by dollar. In addition, investing in global funds will act as a cushion against the falling rupee in 2014.

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