Have you ever thought why there is a “delay alarm” button? There is little point in setting the alarm for a specific time if you then delay it by a few minutes. Yet some research says that more than one in three people delay their alarm three times before getting out of bed for good. But wouldn’t it be easier to set the alarm a few minutes later? Or better yet, wake up at the first shot?
Maybe you are not one of those who start their day by postponing the inevitable moment of abandoning the comfortable embrace of the bed. However, we all procrastinate something. For example, we delay the time to study, clean the house, start a diet, or save money.
Of course, sometimes delaying the alarm is not a drama (every day could become a problem).
However, delaying the planning of your personal finance, even if it may not seem like a tragedy now, will eventually cause you to regret not having started earlier (and soon we’ll see why).
The time has come to understand why it is important to start investing today. Taking the step from saver to investor is not easy. The fear of doing it for the first time intimidates anyone, but once the decision to do it has been made, it is important to put the money to work in our favor.
One of the first questions for beginning investors is what investment instruments exist in the market and which is the one that best suits their needs, according to their investor profile. For example, at RKFS, you can start investing in financial products including Insurance, stocks, mutual funds, gold investment schemes, Bonds etc .
Although there are several products on the market, the starting point is the main objective of each person to invest as investing in retirement is different from investing for the future of your children.
You should also consider the capital you have to do it and the necessary term, both components are very important to make a more accurate decision about which instrument suits you.
Before deciding on a product, it is necessary for the investor to know the characteristics offered by each of the investment vehicles, including whether it is a fixed or variable rate, the rates, the term, in addition to the rules of liquidity, in case you need to withdraw it in case of any eventuality.
Every saver who enters the world of investments needs to build a wealth of knowledge relating to the “tools” at his disposal: the wide panorama of financial instruments represents the set of possible solutions through which to invest their savings.
If all actions and good financial planning practices concretely define the perimeter within which the saver defines his savings/investment objectives, financial instruments represent the tools at the service of the set objective.
RKFS is one of the best financial services providers in India having a website that offers a multitude of financial products under one roof along with providing incomparable investment advice that every investor needs.
Are you a beginner? Or do you need expert advice for your investment portfolio? Whatever the reason is, RKFS is a one-stop solution for all!