Business News Desk – There is a tradition of buying gold, silver, utensils, houses etc. in this festival of Diwali (Diwali 2024). If you have not started investing yet, you can adopt this habit from this Diwali. You can start the tradition of investing by purchasing gold and silver. FD (Fixed Deposit-FD) Apart from mutual funds, you can also invest in shares. We will tell you in this article how you can make an investment strategy.
When to start investing
After adopting the habit of investing, the question that comes to our mind is when should we start investing. Although the best time to invest was 20 years ago, it is not too late. If you want to invest, 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. Actually, the longer you invest, the more profit you will get. If you do not invest for a long time, you should invest for at least five years. In the stock market you get returns based on the movement of the market. The stock market is a volatile business. In such a situation, investors investing in shares should never be afraid of a fall in the market. One should always be patient while investing in the market.
How to make investment strategy
Just like we make a blueprint before building a house. Similarly, before investing, we should also make a strategy for it. If you are investing for the first time, you should always keep a certain amount aside for investment. However, you should never invest your entire savings. Always save some money for emergency fund. Apart from this, you should take education related to the stock market before investing in it. If you invest without thinking, you may face losses in the future. In such a situation, you should assess the risk along with the returns before investing anywhere. 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 you can invest Rs 6000 in a year. At present the maximum return on SIP is up to 12 percent.
How to create your portfolio
If you are investing for the first time then you should diversify your portfolio. Apart from this, you should also pay attention to assets. In your portfolio you should invest in many safe options like mutual funds, blue chip stocks, gold ETFs. The 100 minus rule of thumb should be followed for investing. According to the thumb rule, the percentage that remains after deducting age from the investment amount should be invested in equity.
There may be a boom in these sectors after Diwali
The festive season also has a great impact on the stock market. In such a situation, it is expected that many sectors can perform well after Diwali. According to market experts, the performance of auto and capital goods sector will be good after Diwali.
