Stop Fooling Yourself With Long Term Investments


BANGALORE: Long term investments help you lessen the piled up load for saving for the future needs. Such investments do help you in stocking for future regardless of the fluctuating nature of the economy. Though these are beneficial, there are certain myths related to the investments, which needs to be cleared off for the benefits of the common man. Let us take a look at some common misbelieves regarding the long term investments, reports Himanshu Srivastava at Rediff.com.

#1 Being Young

Investing needs research and experience especially when you trying to invest in the real markets. While to save for the future you don’t really need to be an experienced learner and can start well enough from an early age and target the savings amount smoothly.

 If you start early, you need fewer amounts every month to save and achieve the long term target, rather than starting off late.

It’s simple as buying things online. Suppose one sets a certain achievable target amount for next yearand starts saving immediately in the same month, it will take smaller installments to achieve that.

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