Investment Tips: A big fund will be created by small investments, these tips will be useful for investing this Diwali..

In this festival of Diwali (Diwali 2024), there is a tradition of buying gold, silver, utensils, houses, etc. If you have not started investing yet, then you can adopt this habit from this Diwali. You can start the tradition of investing with the purchase of gold and silver. Apart from FD, (Fixed Deposit-FD) Mutual Fund, you can also invest in stocks. We will tell you in this article how you can make an investment strategy.
When to start investing
With the adoption of the habit of investing, the question comes to mind when should we start investing? Although the best time to invest was 20 years ago, it is still not too late. If you want to invest, then the time is also right.
The sooner you start investing, the better returns you will get. By investing, you can fulfill your dreams like buying a car, building a house, etc.
For how long should we invest?
We start investing but we do not understand for how long we should invest. The answer to this question is lifetime. The longer you invest, the more profit you will get. If you do not invest for a long time, then you should invest for at least five years. In the stock market, you get returns based on the market movement.
The stock market is a volatile business. In such a situation, investors investing in stocks should never panic due to the fall in the market. One should always be patient while investing in the market.
How to make an investment strategy?
Just like we make a blueprint of a house before building it. Similarly, we should also make a strategy for it before investing. If you are investing for the first time, then you should always keep a fixed amount aside for investment. However, you should never invest your entire savings. Always save a little money for the emergency fund.
Apart from this, you should get an education related to it before investing in the stock market. If you invest without thinking, you may have to face losses in the future. In such a situation, before investing anywhere, you should assess the risk along with the return.
If you are planning to invest, then you must check once how much return the sector or asset in which you are investing has given in the last few years.
Start with SIP
If you do not want to invest directly in the stock market, then you can also start through SIP in mutual funds. You can invest Rs 500 every month. This means that you can invest Rs 6000 in a year. Currently, the maximum return on SIP is up to 12 percent.
How to create your portfolio
If you invest for the first time, then you should bring diversification into the portfolio. Apart from this, you should also focus on assets. In your portfolio, you should invest in many secure options like mutual funds, blue chip stocks, and gold ETFs.
For investment, one should follow the 100 minus thumb rule. According to the thumb rule, the percentage of the investment amount that is obtained by subtracting age from the investment amount should be invested in equity.