3 P’S OF SMART INVESTING

One has to consider the financial situation, risk appetite and investment goals. It’s also important to define the timeline and how much risk an investor is willing to take on in order to determine the optimal asset allocation.

Here’s the three P’s of Smart Investing – Plan, Prepare & Persist to achieve the long term goals

PLAN-

Set up an SIP to inculcate a habit of regular saving and build discipline
Look for the right asset-mix based on your risk appetite and financial goals

PREPARE

Consult a Financial Advisor/Planner to plan and build your portfolio as per your goals and risk-taking ability
Diversify your portfolio across various asset classes to mitigate risk

PERSIST

With rupee-cost averaging you can take advantage of the market highs and lows to benefit over the long term

As the saying goes, “The art is not in making money, but in keeping it.” So one needs to sit down with a financial planner and understand the importance of making a comprehensive investment portfolio to achieve the required goals.

An Investor Education & Awareness Initiative

Investors should deal only with Registered Mutual Funds, to be verified on SEBI website under Intermediaries/Market Infrastructure Institutions”. Refer www.ltfs.com for details on completing a one-time KYC (Know Your Customer) process, change of details like address, phone number etc.